Full lien Study guides, Study notes & Summaries

Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024 Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer Which of the following is true about leverage? - ANSWER Leverage is the use of borrowed funds to purchase assets. Which of the following liens would take priority? - ANSWER A property tax lien In which of the following theories of mortgage lending does the borrower not retain ownership of the property during the loan ...

CSLB CONTRACTOR'S EXAM PRACTICE QUESTIONS AND ANSWERS LATEST UPDATE 2023-2024. Which act establishes the rights of workers to organize into unions and negotiate contracts? - Answer National Labor Relations Act of 1935 A contractor has had a problem with employees stealing tools and equipment from job sites. When conducting job interviews, may the contractor ask prospective employees about their arrest records? A. It is legal to ask prospective employees about arrests not leading to convic...

New York Adjuster Exam Questions with 100% correct Answers 2023 The insured has moved into a dwelling that was being build and was covered by the "Dwelling under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? {{Correct Ans- 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. {{Correct Ans- 30 day Personal property tha...

_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing The primary determinants of real estate values are supply and _____. - Answer- Demand _____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral Servicing includes which of the following activities? - Answer- Maintaining records of payment The monet...

COMPREHESIVE; TEST BANK| ALL NEW YORK ADJUSTER (NY ADJUSTER) QUESTIONS ALL WITH CORRECT ANSWERS 2023-2024|GUARANTEE PASS Table of Contents New York Adjuster Exam Questions with 100% correct Answers 2023 2 New York Adjuster Exam 2 Questions and Answers Graded A+ 2023 24 New York Adjuster Exam 3 (+100 Questions and Answers 2023 34 New York Adjuster Questions and Answers 2023 45 NEW YORK insurance pretest (Adjusters) Questions and Correct Answers 47 New York Adjuster 1 Questions and Answers ...

MI Builders License - Insurance, bonds, liens Exam Questions and Answers 100% Pass Which document designates an official start of a construction prioject? -Answer-Notice of commencement Which document provides proof that a contractor/supplier provided labor/materials to a project? -Answer-Notice of furnishing Which type of document verifies that a notice of furnishing has been delivered and helps to establish lien rights? -Answer-Proof of service of notice of furnishing Contractors/supp...

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...

An employer remits State disability taxes withheld from an employees wages to what agency? - correct Answer-Employment Development Department Which act establishes the rights of workers to organize into unions and negotiate contracts? - correct Answer-National Labor Relations Act of 1935 A contractor has had a problem with employees stealing tools and equipment from job sites. When conducting job interviews, may the contractor ask prospective employees about their arrest records? A. It is...

eal property is - Answer-comprised of buildings, structures and fixtures that are tangible. Real property can be seen. Give examples of Real Property - Answer-Land is real property, but it is generally not the subject of insurance. Buildings are real property. They have walls and a roof. You can probably envision many types of buildings, ranging from a small one-story office to a skyscraper. Structures. A structure is any construction, including buildings. However, examples of structures t...

Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...