451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
451 Real Estate Finance #6
Which of the following is chattel?
a. detached garage
b. attached satellite dish owned by the seller
c. washer/dryer
d. in ground pool - CORRECT ANSWER-c. washer & dryer
Which of the following allows for unequal shares of ownership?
a. tenants in common
b. joint tenancy
c. tenancy be the entirety
d. freehold estates - CORRECT ANSWER-a. tenants in common
What is defined as a social science that studies how individuals, governments,
firms, and nations make choices on allocating scarce resources to satisfy their
unlimited wants?
a. finance
b. social studies
c. history
d. economic - CORRECT ANSWER-d. Economic
What is the Federal Open Market Committee?
a. it is the Fed's monetary policy-making body
b. it is how the Fed supplies funds to member banks
c. it is one of the 12 Federal Reserve Banks
d. it provides general oversight for the Fed - CORRECT ANSWER-a. it is the
fed's monetary policy making body
Which of the following is NOT necessary for money to function well?
a. it must be in US currency
451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
, 451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
b. it must be easily measured to determine its actual value
c. it must not deteriorate quickly
d. it must be widely accepted by buyers and sellers - CORRECT ANSWER-a.
must be in US currency
Redlining is prohibited by:
a. RESPA
b. TILA
c. CRA
d. HUD - CORRECT ANSWER-c. CRA
The Act ensures that consumers throughout the nation are provided with more
helpful info about the cost of the mortgage settlement and protected from
unnecessarily high settlement charges cause by certain abusive practices.
a. Dodd-Frank Act
b. RESPA
c. TILA
d. Regulation - CORRECT ANSWER-b. RESPA
The goal of this Act was to reduce fraud by encouraging states to establish
minimum standards for the licensing and registration of state-licensed mortgage
loan originators.
a. SAFE Act
b. ECOA
c. Dodd-Frank Act
d. CRA - CORRECT ANSWER-a. SAFE act
This act governs the process by which federal agencies develop and issue
regulations.
a. APA. (Administration Procedures Act)
b. SAFE Act
c. Dodd-Frank Act
d. CFPB - CORRECT ANSWER-a. APA
451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
451 Real Estate Finance #6
Which of the following is chattel?
a. detached garage
b. attached satellite dish owned by the seller
c. washer/dryer
d. in ground pool - CORRECT ANSWER-c. washer & dryer
Which of the following allows for unequal shares of ownership?
a. tenants in common
b. joint tenancy
c. tenancy be the entirety
d. freehold estates - CORRECT ANSWER-a. tenants in common
What is defined as a social science that studies how individuals, governments,
firms, and nations make choices on allocating scarce resources to satisfy their
unlimited wants?
a. finance
b. social studies
c. history
d. economic - CORRECT ANSWER-d. Economic
What is the Federal Open Market Committee?
a. it is the Fed's monetary policy-making body
b. it is how the Fed supplies funds to member banks
c. it is one of the 12 Federal Reserve Banks
d. it provides general oversight for the Fed - CORRECT ANSWER-a. it is the
fed's monetary policy making body
Which of the following is NOT necessary for money to function well?
a. it must be in US currency
451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
, 451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
b. it must be easily measured to determine its actual value
c. it must not deteriorate quickly
d. it must be widely accepted by buyers and sellers - CORRECT ANSWER-a.
must be in US currency
Redlining is prohibited by:
a. RESPA
b. TILA
c. CRA
d. HUD - CORRECT ANSWER-c. CRA
The Act ensures that consumers throughout the nation are provided with more
helpful info about the cost of the mortgage settlement and protected from
unnecessarily high settlement charges cause by certain abusive practices.
a. Dodd-Frank Act
b. RESPA
c. TILA
d. Regulation - CORRECT ANSWER-b. RESPA
The goal of this Act was to reduce fraud by encouraging states to establish
minimum standards for the licensing and registration of state-licensed mortgage
loan originators.
a. SAFE Act
b. ECOA
c. Dodd-Frank Act
d. CRA - CORRECT ANSWER-a. SAFE act
This act governs the process by which federal agencies develop and issue
regulations.
a. APA. (Administration Procedures Act)
b. SAFE Act
c. Dodd-Frank Act
d. CFPB - CORRECT ANSWER-a. APA
451
451
Real
451
Real
Real
Estate
Estate
Estate
Finance
Finance
Finance
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
#6.pdf~~~~~~~~~~~~~~~~~~~~~~~~~!!!!!!!!!!!!!!!!!!!!@(&*#########################(@)@)@~~~~~~~~~~~~)))))))))))))))
