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Florida Real Estate Exam QUESTION AND ANSWER GRADED A+
A blanket Morgage that allows for the release of a single parcel upon payment of a specified sum contains which clause? a. defeasance b. acceleration c. satisfaction d. release - ANSWER - d. release The Federal Housing Administration a. originates loans b. insures loans c. guarantees loans d. certifies loans - ANSWER - b. insures loans Construction loans are paid out in a. full at the begining of construction b. equal installments during the construction process c. full up...
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A blanket Morgage that allows for the release of a single parcel upon payment of a specified sum contains which clause? a. defeasance b. acceleration c. satisfaction d. release - ANSWER - d. release The Federal Housing Administration a. originates loans b. insures loans c. guarantees loans d. certifies loans - ANSWER - b. insures loans Construction loans are paid out in a. full at the begining of construction b. equal installments during the construction process c. full up...