Hypothecation - Study guides, Class notes & Summaries

SERIES 99 FINAL EXAM 2024 WITH 100% CORRECT ANSWERS The agreement that authorizes a broker-dealer to pledge a customer's margin securities as collateral for a loan from a bank to the broker-dealer is called: [A] A credit agreement [B] A loan consent agreement [C] A hypothecation agreement [D] A joint account agreement - correct answer c Which of the following provides a neutral and confidential forum for member firms and their employees or public investors to voice concerns abo...

Title Theory (Ans- lender owns, borrower has equitable title Hypothecation (Ans- pledging property as collateral for a loan without giving up possession Mortgagee (Ans- Lender Mortgagor (Ans- borrower Non Judicial foreclosure (Ans- *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure (Ans- No sale. Full legal title given to lender, loss of equity for borrower Judicial foreclosure (Ans-...

Title Theory - lender owns, borrower has equitable title Hypothecation - pledging property as collateral for a loan without giving up possession Mortgagee - Lender Mortgagor - borrower Non Judicial foreclosure - *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure - No sale. Full legal title given to lender, loss of equity for borrower Judicial foreclosure - done through courts in *Title Theory states Conversion...

Under the anti-fraud clause of the Uniform Securities Act, it is unlawful to: I. Employ any device, scheme, or artifice to defraud II. Make any untrue statement of fact III. Omit a material fact IV. Engage in any act, practice, or course of business that operates or would operate as a fraud or deceit upon any person A) II only B) I, II, and IV only C) I, II, III, and IV D) I, III, and IV only correct answers D) I, III, and IV only It is not fraudulent to make an untrue statement of an...

REAL ESTATE EXAM WASHINGTON REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Broker`s price opinion means: a. an oral report of property prepared by a licensee written report of property prepared by a licensee both neither b. written report of property prepared by a licensee c. both d. neither - -c. both What license must a designated broker hold? a. designated broker's license b. managing broker's license c. broker's license d. no license is required - -b. managing broker...

NJ Title Insurance Producer Final Exam Set with Q&A "A" and "B" bought a house as tenants in common. If "A" dies which of the following statements about ownership of the house is correct? A) It automatically becomes tenancy in severalty. B) It is divided, with B retaining their original interest and the balance going to A's estate. C) B holds fee simple ownership to A's share of the property D) B holds a life estate ownership to A's share of the property - CORRECT ANSWER-B) ...

COLORADO REAL ESTATE EXAM PREP EXAM REVIEW QUESTIONS AND ANSWERS. VERIFIED. Title Theory - -lender owns, borrower has equitable title Hypothecation - -pledging property as collateral for a loan without giving up possession Mortgagee - -Lender Mortgagor - -borrower Non Judicial foreclosure - -*CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure - -No sale. Full legal title given to lender, loss of equity for b...

Title Theory - ANSWER lender owns, borrower has equitable title Hypothecation - ANSWER pledging property as collateral for a loan without giving up possession Mortgagee - ANSWER Lender Mortgagor - ANSWER borrower

What are the rules for buying on margin? Ans: Qualify for margin account Hypothecation agreement (oledge collateral) Investors equity > minimum margin requirement How do you check if a margin call will occur? Ans: (CMV - loan) / CMV >= %Margin Requirement Ans: What is the riskiest strategy for entering a foreign market? Ans: Foreign subsidiary What is the priority of creditors? Ans: Debtholders (bond, banks, etc) Preferred stockholders Common stockholders What are the 4 pill...

what is a mortgage - ANSWERA legal document that connects a promissory note with the collateral used to secure the note. hypothecation - ANSWERLegal principle that allows borrower to use property to secure debt without giving up possession of it. pledging - ANSWERgives up possession of the collateral to the lender while it serves as collateral. (e.g., Pawn shop.) mortgagor - ANSWERThe borrower who pledges real estate as collateral is the mortgagor