| 2027 (Newest Update Rated A)
Quiz_________________?
Alienation clause -
Answer✅
Clause stating that the balance of the secured debt becomes immediately due and payable at
the lenders option if the property is sold by the borrower. Prevents the borrower from
assigning the debt without the lenders approval.
Quiz_________________?
Base lines -
Answer✅
Run east and wedt
Quiz_________________?
Blanket loans -
Answer✅
Covers more than one parcel of land(subdivision development)
Quiz_________________?
1
, Brokerage relationships in real estate transactions act( BRRETA) -
Answer✅
Governs real estate relationships
Quiz_________________?
Cancel a contract -
Answer✅
Stop where you are
Quiz_________________?
CLO -
Answer✅
Computerized loan origination
Quiz_________________?
Conveyance -
Answer✅
Moved the property
Quiz_________________?
Curtesy -
Answer✅
Interest the husband has in the real estate of his deceased wife
2
, Quiz_________________?
Deed -
Answer✅
Does not need to be recorded to be valid.
Quiz_________________?
Deed to secure debt -
Answer✅
Mortgage
Collateral for the loan
Quiz_________________?
Diminishing returns -
Answer✅
The point when additional improvements do not increase value
Quiz_________________?
Doctrine of prior
Appropriation -
Answer✅
Determines ownership and use of water
Quiz_________________?
3