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Exam (elaborations)

Colorado Real Estate Exam Prep / (Actual Exam Questions) & Complete Answers 2025.

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Colorado Real Estate Exam Prep / (Actual Exam Questions) & Complete Answers 2025. Hypothecation pledging property as collateral for a loan without giving up possession Mortgagee Lender Mortgagor borrower Non Judicial foreclosure *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure No sale. Full legal title given to lender, loss of equity for borrower Judicial foreclosure done through courts in *Title Theory states Conversion illegal use of entrusted money Comingling mixing client monies or mixing with personal monies Express Agency Actual, formal written agreement establishing terms and conditions Gross Income Multiplyer =sale price/gross ANNUAL income large rental or commercial property Government deed limitations Police power eminent domain taxation escheat Private deed limitations deed restrictions mortgages leases easements Tennancy at Sufference tenant has remained past lease terms can be evicted Township squares 6x6 mi wide squares Periodic Tenancy No specific duration but notice must be given ex. week to week, month to month Tenancy for years specific time limit no notice to vacate unless written in Terminating an estate eminent domain voluntary alienation adverse possession

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Institution
Colorado Real Estate
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Colorado Real Estate

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Uploaded on
January 21, 2025
Number of pages
12
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Colorado Real Estate Exam Prep / (Actual Exam
Questions) & Complete Answers 2025.

Title Theory lender owns, borrower has equitable title

Practice questions for this set

Learn 1/ 7 Study with Learn




pledging property as collateral for a loan without giving up possession


Give this one a try later!


Hypothecation 2 Mortgagor


3 section 4 market value


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Terms in this set (140)

Hypothecation pledging property as collateral for a loan without giving up
possession

Mortgagee Lender

Mortgagor borrower

Non Judicial foreclosure *CO: Public trustee has power to foreclose
1.Lender complains 2. Notice given 3. trustee sells after 125
days

, Strict foreclosure No sale.
Full legal title given to lender, loss of equity for borrower



Judicial foreclosure done through courts in *Title Theory states

Conversion illegal use of entrusted money

Comingling mixing client monies or mixing with personal monies

Express Agency Actual, formal written agreement establishing terms and
conditions

Gross Income Multiplyer =sale price/gross ANNUAL income large
rental or commercial property

Government deed Police power
limitations eminent domain
taxation escheat



Private deed limitations deed restrictions
mortgages leases
easements



Tennancy at Sufference tenant has remained past lease terms can be
evicted

Township squares 6x6 mi wide squares

No specific duration but notice must be given ex.
Periodic Tenancy
week to week, month to month


Tenancy for years specific time limit
no notice to vacate unless written in

Terminating an estate eminent domain
voluntary alienation
adverse possession

Eminent domain right of government to acquire private property for public use

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