Proximity payments - Study guides, Class notes & Summaries

When should you let your attorney see a construction contract? A. Before you let the client see the contract B. After the contract is prepared but before you sign it C. After the building permit is obtained D. After the contract is signed by you and the client -ANSWER-B. After the contract is prepared but before you sign it Which is the most correct statement as to what must be included in every home improvement contract? A. Notice of right to cancel B. Contractor's license number C. T...

FL Adjusters License Practice Exams 2023 Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. Correct Answer: (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its then appraise...

Cost Approach Answer The real estate appraisal approach that considers the replacement value of the property (cost of land plus cost of construction minus depreciation) Reconveyance Answer defines the method in which a lien is removed from the property when payment is made in full Conventional Loan Answer refers to a loan that is not obtained through a direct program of the federal government The type of schedule that would address the principal and interest payments due on a loan? Answ...

Final Exam CompTiA+ 1001|AWS Included| Questions and Answers 2024/2025| A level| **MMS** Multimedia Messaging Service used to send messages containing multimedia content such as images, videos, and audio over mobile networks. Multimedia Messaging Service. **SMS** Short Message Service used for sending text messages between mobile devices. Short Message Service. **SIM** A card inserted into mobile devices that contains the International Mobile Subscriber Identity and allows ...

Which statement provides the basic justification for zoning? A. There must be regulations in place to prevent pollution B. The government does not want to encourage land development C. The inappropriate use of one's property may affect the value of another D. Professional planners want to control development - Answer- C. The inappropriate use of one's property may affect the value of another What is the rationale behind government planning of real estate development? A. To manage futu...

Real Estate Exam Questions and Answers 100% Pass A corporation is a legal entity (an artificial person); therefore, real estate owned by the corporation is owned in - Correct Answer ️️ -severalty A person who receives title to real property through a last will and testament is called a - Correct Answer ️️ -devisee Tom, Rick, and Harry own a house. When Rick dies, his heirs receive his share of the ownership interest. What type of co-ownership did Tom, Rick, and Harry have? - Corre...

(Fair and Accurate Credit Transactions Act of 2003) FACTA Purpose is to... - ... address the problem of identity theft. To facilitate consumer's access to information retained by the CRAs, and to improve the accuracy of consumer reports. (FCRA) The National Consumer Assistance Plan (NCAP) aims to... - ...improve consumer experience, data accuracy, and quality. (HMDA) In addition to originations, reportable HMDA data includes... - - Loan Applications - Loan Denials - Loan Approvals - Loa...

CAM TEST QUESTIONS WITH WITH COMPLETE SOLUTION LATEST UPDATE 2024 (GRADED) AIDA - answerAttention, Interest, Desire, Action VAC - answerVacancy, Concessions, Non Revenue, Bad Debt Renters Decision Matrix - answerLocation, housing cost, size, life circumstance Investment - answerThe use of funds to earn a profit Life cycle of Multifamily Real Estate - answerGrowth- Stability- Decline- Revitalization Vendor - answerA separate business entity offering a product or service (recurring basis) Co...

Real Estate Exam Questions and Answers 100% Pass A corporation is a legal entity (an artificial person); therefore, real estate owned by the corporation is owned in - Correct Answer ️️ -severalty A person who receives title to real property through a last will and testament is called a - Correct Answer ️️ -devisee Tom, Rick, and Harry own a house. When Rick dies, his heirs receive his share of the ownership interest. What type of co-ownership did Tom, Rick, and Harry have? - Corre...

When should you let your attorney see a construction contract? A. Before you let the client see the contract B. After the contract is prepared but before you sign it C. After the building permit is obtained D. After the contract is signed by you and the client B. After the contract is prepared but before you sign it Which is the most correct statement as to what must be included in every home improvement contract? A. Notice of right to cancel B. Contractor's license number C. Tru...