Discrimination is prohibited in lending practices under:
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ECOA- Equal Credit Oppurtunity Act
,"Gail has decided to leave her employing broker and work for a new employing broker in
a larger brokerage. Which of the following steps must Gail take to notify the board?"
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"Nothing; it is the current broker's responsibility"
What does a power of attorney grant someone?
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Complete or limited authority on behalf of someone else
What is the official view of listings based on net price?
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"They are illegal in South Carolina."
Homeowner Ginny acquired the ownership of land that was deposited by a river running
through her property by:
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, Accretion
Personal property includes all the following except:
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Fixtures
RESPA would prohibit which of the following acts?
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Paying of kickbacks
The following reason accounts for why bridge loans are not used much anymore:
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More second mortgage lenders now will lend at a high to loan value.
Sellers would rather accept offers from buyers who have already sold their
property.
Which of the following would not terminate an agency relationship?
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submission by the agent of two offers at the same time
An owner was building a house for himself. Due to personal preference, he decided not
to put in a bathtub. This would result in:
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Functional obsolescence
A Savings & Loan institution would be violating the Federal Fair Housing Act by denying a
loan to Mr. and Mrs. Happy Borrower for which of the following reasons?
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minority background
Which of the following types of ownership cannot be created by operation of law, but
must be created by the parties expressed intent:
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Tenancy by entireties
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ECOA- Equal Credit Oppurtunity Act
,"Gail has decided to leave her employing broker and work for a new employing broker in
a larger brokerage. Which of the following steps must Gail take to notify the board?"
Give this one a try later!
"Nothing; it is the current broker's responsibility"
What does a power of attorney grant someone?
Give this one a try later!
Complete or limited authority on behalf of someone else
What is the official view of listings based on net price?
Give this one a try later!
"They are illegal in South Carolina."
Homeowner Ginny acquired the ownership of land that was deposited by a river running
through her property by:
Give this one a try later!
, Accretion
Personal property includes all the following except:
Give this one a try later!
Fixtures
RESPA would prohibit which of the following acts?
Give this one a try later!
Paying of kickbacks
The following reason accounts for why bridge loans are not used much anymore:
Give this one a try later!
More second mortgage lenders now will lend at a high to loan value.
Sellers would rather accept offers from buyers who have already sold their
property.
Which of the following would not terminate an agency relationship?
, Give this one a try later!
submission by the agent of two offers at the same time
An owner was building a house for himself. Due to personal preference, he decided not
to put in a bathtub. This would result in:
Give this one a try later!
Functional obsolescence
A Savings & Loan institution would be violating the Federal Fair Housing Act by denying a
loan to Mr. and Mrs. Happy Borrower for which of the following reasons?
Give this one a try later!
minority background
Which of the following types of ownership cannot be created by operation of law, but
must be created by the parties expressed intent:
Give this one a try later!
Tenancy by entireties
