Paralegal Core Competency Exam Question and answers 2023/2024 verified to pass

Paralegal Core Competency Exam Question and answers 2023/2024 verified to passAbatement - correct answer Process of selling estate property to pay debts. Abatement of Rent - correct answer A deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance. Abstract of Title - correct answer Chronological summary of all official records and recorded documents affecting the title to a parcel of land. Accord and Satisfaction - correct answer The payment of money, or other valuable consideration (usually less than the amount owed), in exchange for extinguishment of a debt. There must be an express or implied agreement that accepting the smaller sum discharges the obligation to pay the larger sum. Acquittal - correct answer The legal certification that an accused person is not guilty of the charged offense.