Real Estate Principles - Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice Exam 2 _ Questions & Exam Review.pdf
Real Estate Principles - Practice
Exam 2 | Questions & Exam Review
Real Estate Principles - Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice Exam 2 _ Questions & Exam Review.pdf
,Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
Which act is known as the original fair housing statute?
A.Executive Order 11063
B.Civil Rights Act Title VIII
C.Fair Housing Act
D.Civil Rights Act of 1866
D.
Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
,Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
Tracy and Darnell are buying a home. They have a 15% down payment and have qualified for
a thirty year fixed conventional rate mortgage. Will Tracy and Darnell have to pay PMI?
A.Yes, private mortgage insurance is required for all loans with less than 25% down payment.
B.No, private mortgage insurance is only required for all loans with less than 15% down
payment.
C.No, this is Tracy and Darnell's second mortgage for the purchase of a new home. Private
mortgage insurance is only for first-time buyers with less than a 20% down payment.
D.Yes, private mortgage insurance is required for all loans with less than 20% down payment.
D.
Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
, Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
Christina is planning on getting married in the next year. She is a very successful business
owner and is planning on buying some vacation property on the coast. She asks her agent,
Martina, for advice on how she should take title to this new property. Should she hold the
title alone, or jointly with her fiance? How should Martina advise?
A.Martina should advise Christina to protect her future assets and hold title separately due
to California's community property laws.
B.Martina should simply tell Christina to consult her attorney on this matter.
C.Martina should discuss with Christina what she knows in reference to how title can be
vested but give no advice except to consult an attorney for advice.
D.None of the Above.
C.
Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice Exam 2 _ Questions & Exam Review.pdf
Real Estate Principles - Practice
Exam 2 | Questions & Exam Review
Real Estate Principles - Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice ExamReal
2 _ Questions
Estate Principles
& Exam- Review.pdf
Practice Exam 2 _ Questions & Exam Review.pdf
,Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
Which act is known as the original fair housing statute?
A.Executive Order 11063
B.Civil Rights Act Title VIII
C.Fair Housing Act
D.Civil Rights Act of 1866
D.
Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
,Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
Tracy and Darnell are buying a home. They have a 15% down payment and have qualified for
a thirty year fixed conventional rate mortgage. Will Tracy and Darnell have to pay PMI?
A.Yes, private mortgage insurance is required for all loans with less than 25% down payment.
B.No, private mortgage insurance is only required for all loans with less than 15% down
payment.
C.No, this is Tracy and Darnell's second mortgage for the purchase of a new home. Private
mortgage insurance is only for first-time buyers with less than a 20% down payment.
D.Yes, private mortgage insurance is required for all loans with less than 20% down payment.
D.
Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
, Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
Christina is planning on getting married in the next year. She is a very successful business
owner and is planning on buying some vacation property on the coast. She asks her agent,
Martina, for advice on how she should take title to this new property. Should she hold the
title alone, or jointly with her fiance? How should Martina advise?
A.Martina should advise Christina to protect her future assets and hold title separately due
to California's community property laws.
B.Martina should simply tell Christina to consult her attorney on this matter.
C.Martina should discuss with Christina what she knows in reference to how title can be
vested but give no advice except to consult an attorney for advice.
D.None of the Above.
C.
Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf Real Estate Principles_ Practice Exam 2.pdf
