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PSI questions WITH ANSWERS*first followed by questions
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February 2025
2024/2025
A+
PSI questions WITH ANSWERS*first followed by questions
Answer : Mortgage or deed of trust lien –
When a land owner uses his land as security for a loan, the encumbrances created is called ?
A. Special security
B. A mortgage or deed of trust lien
C. A involuntary Lien
D. A gratuitous agreement
*Answer :question the seller as to any know defects.
*If an owner wants to list a property for sale "as is" the listing agent should
A) assume that the owner will accept a relativel...
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