Promissory Study guides, Revision notes & Summaries
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California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%)
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California Legal Aspects of Real Estate Final Exam (Already Graded with a pass rate of 97%) 
California Legal Aspects of Real Estate Final 
Exam (Already Graded with a pass rate of 
97%) 
A promissory note is: 
a. evidence of the debt 
b. evidence of a sale 
c. a security interest in the property for the lender 
d. the same as a mortgage or trust deed 
a. evidence of the debt 
In order to be considered an emancipated minor and have the capacity to contract, 
a minor must: 
a. be married, widow...
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
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Gold Coast Final Exam 2023 Questions and Answers (Graded A)
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Gold Coast Final Exam 2023 Questions and Answers (Graded A) 
 
What is the form you sign that says you will pay the loan back ? - ANSWER promissory note 
 
What is the post licensing grace period after first expiration ? - ANSWER none 
 
Deposits is a form of... - ANSWER valuable consideration 
 
Physical land and improvements - ANSWER real property 
 
Is it a violation if a sales associate work for two brokers Monday-Friday, and Saturday and Sunday and getting paid commission from both - ANSWER...
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Gold Coast Final Exam 2023 Questions and Answers 100% Correct
- Exam (elaborations) • 5 pages • 2023
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Gold Coast Final Exam 2023 Questions and Answers 100% CorrectGold Coast Final Exam 2023 Questions and Answers 100% CorrectGold Coast Final Exam 2023 Questions and Answers 100% Correct 
 
What is the form you sign that says you will pay the loan back ? - ANSWER-promissory note 
 
What is the post licensing grace period after first expiration ? - ANSWER-none 
 
Deposits is a form of... - ANSWER-valuable consideration 
 
Physical land and improvements - ANSWER-real property 
 
Is it a violation if ...
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Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A
- Exam (elaborations) • 13 pages • 2024
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Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A 
 
 
Q: The money that mortgage companies use to make loans come from the sale of ________, which is considered a business transaction, not a savings account deposit procedure. 
 
 
Answer: 
Bonds 
 
 
 
Q: Government entities regularly sell bonds to 
 
 
Answer: 
Fund major capital investments 
 
 
 
Q: Advantage of municipal bonds is 
 
 
Answer: 
That the interest paid to investors is not subj...
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Real Estate U Texas Real Estate Finance(6)
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An acceleration clause is included in which of the following...? 
The mortgage 
Both the promissory note and mortgage 
The promissory note 
The lien - Answer- The promissory note? 
 
Collateral - - Answer- Marketable real or personal property which a borrower pledges as security for a loan. In mortgage transactions, specific land is the collateral. 
 
Promissory Note - - Answer- Following a loan commitment from the lender, the borrower signs a note, promising to repay the loan under stipulated t...
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California Legal Aspects of Real Estate Final Exam 2022 (Answered)
- Exam (elaborations) • 17 pages • 2022
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California Legal Aspects of Real Estate Final Exam 2022 (Answered) A promissory note is: a. evidence of the debt b. evidence of a sale c. a security inte rest in the property for the lender d. the same as a mortgage or trust deed In order to be considered an emancipated minor and have the capacity to contract, a minor must: a. be married, widowed, or divorced; have entered military service on active duty; or have received a declaration of emancipation from a court b. just state that he is an ema...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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TEXAS REAL ESTATE NATIONAL EXAM QUESTIONS WITH VERIFIED SOLUTIONS/A+ GRADE
- Exam (elaborations) • 29 pages • 2023
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TEXAS REAL ESTATE NATIONAL EXAM QUESTIONS WITH 
VERIFIED SOLUTIONS/A+ GRADE 
1. An assessment is a special type of appraisal used for 
A.) Property tax purposes. 
B.) Estate tax returns. 
C.) Divorce settlements. 
D.) Income tax returns. 
2 A company who provided materials for an owner to remodel their property may give 
constructive notice of theirunpaid invoices by: 
A.) obtain a blanket lien 
B.) obtain a mechanic's or material man's lien 
C.) obtain a vendor's lien 
D.) obtain an inchoa...
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Funeral Arts National Board Exam, Answered
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Funeral Arts National Board Exam, Answered-Register of all the general ledger accounts - Will Show profits and losses of a business 
 
Difference between currents assets and liabilities. When current assets exceed liabilities - Working Capital 
 
Must include what three disclosures - Embalming, Cash Advance, & Legal Requirements 
 
Uniform commercial code has 4 different kinds of paper - Promissory Note, Draft, Checks and certificates of deposit 
 
What kind of law enacts statutory law - Adminis...
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