Sale of the family home Study guides, Revision notes & Summaries
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Champions Real Estate Finance graded A+ already passed 2023
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Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers ...
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Lead Inspector/Risk Assessor | ALL QUESTIONS AND ANSWERS 2023 GRADED A+!!
- Exam (elaborations) • 83 pages • 2023
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Lead Inspector/Risk Assessor | ALL QUESTIONS AND ANSWERS 2023 GRADED A+!! 
 
Permanent abatement options include... - Paint removal, component removal, enclosure, encapsulation 
Lead Inspector - A certified individual who conducts a surface-by-surface investigation 
 to determine the presence of lead-based paint. 
Lead-based paint - 1 mg/cm2 
5000micrograms/g = 5000ppm 
.5% by weight 
What is lead based paint? - any surface coating containing at least 1 miligram per square centimeter of lead...
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NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 RATED A+
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NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 RATED A+ 
Mason has suffered a $42,000 loss to his commercial building due to fire. The building is covered under the Building & Personal Property coverage form and had been vacant for 74 days. The insurer would have paid the entire loss if the building had been occupied, but what will they pay because the insured building was considered vacant? 
$28,980. 
$42,000. 
$6,300. $35,700. For a loss that would otherwise be covered for th...
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Personal Finance 6th Edition Madura - Test Bank
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Personal Finance, 6e (Madura) 
Chapter 1 Overview of a Financial Plan 
 
1.1 How You Benefit from Personal Finance 
 
1) Most Americans will never be able to understand and develop a personal financial plan. 
Answer: FALSE 
Diff: 1 
Question Status: Previous edition 
 
2) The simple objective of financial planning is to make the best use of your resources to achieve your financial goals. 
Answer: TRUE 
Diff: 2 
Question Status: Previous edition 
 
3) An understanding of personal finan...
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Workforce Essentials Final Exam Questions and Answers, With Complete Verified solution 2024.
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Workforce Essentials Final Exam Questions and Answers, With Complete Verified solution 2024. 
Job 
paid position at a specific place or setting 
Occupation 
The name given to a group of similar tasks that a person performs for pay 
Entry-level job 
Job that requires little or no experience 
Referrals 
Given to a student or worker by a job or career counselor in order to direct them to employers who are hiring. 
References 
Names of individuals who are qualified to provide information about a job...
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principal of real estate 1 final exam with 100% correct answer
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One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): 
 
A) attorney-in-fact 
B) broker with a listing 
C) special agent 
D) attorney-at-law 
attorney-in-fact 
 
 
 
No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: 
 
A) township 
B) section 
C) scarcity 
D) nonhomogeneity 
nonhomogeneity 
 
 
 
The five essential elements that make a contract valid are: comp...
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NYREI School Exam Questions and Answers Latest Version Graded A+
- Exam (elaborations) • 13 pages • 2023
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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GOLD COAST 2023 PRACTICE EXAMS QUESTIONS AND ANSWERS
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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...
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Xcel solutions final exam Maryland Life and health questions and answers 100% pass
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Xcel solutions final exam Maryland Life and health questions and answers 100% pass 
What is normally the consequence for NOT obtaining preadmission certification prior to receiving inpatient medical care? A reduction in benefits 
A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a Risk retention group 
During the application process, a statement made by an applicant that becomes part of the contract is considered to be a(n) Warrant...
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RELE 1211 – Law of Contracts Final Exam A+ 2023
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RELE 1211 – Law of Contracts Final Exam A+ 2023. Which of the following is FALSE regarding community property? 
a. It consists of real and personal property acquired by either spouse during the 
marriage. 
b. Its conveyance requires the signature of both spouses. 
c. The spouses can will their half of the property to whomever they desire. 
d. It can be mortgaged or conveyed by one spouse without the consent of the other. 
5. Fee simple ownership, shared walls, and a fractional interest in comm...
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