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Examen
Compucram Final Questions And Correct Detailed Answers (Verified Answers) ||Already Graded A+||Newest Version
Quiz: Which of these is not considered when determining whether an item is 
a fixture or personal property? 
Ans: CORRECT ANSWER: Value of the annexed item 
Quiz: Three independent groups of large department stores want to research 
and plan a merger to become one large entity. They will have to plan the 
merger, re-evaluate stocks, and plan on shifting their assets to put the merger 
together. They will need the help of: 
Ans: CORRECT ANSWER: Advice and guidance from investment banks 
Quiz:...
Examen
Compucram Exam Questions And Correct Detailed Answers (Verified Answers) ||Already Graded A+||Newest Version
Quiz: The fine and/or penalty for transacting insurance without a license is 
Ans: $25 to $500 and 6 months in jail. 
Quiz: Under the Terrorism Risk Insurance Act, what is dollar amount 
considered to be a certified act of terrorism as determined by the US 
Treasury? 
Ans: $5 million in collective damages 
Quiz: If the Superintendent of Insurance is not responsible for promulgating 
the rules and regulations of insurance how is it done? 
Ans: submitting the change to the legislature for appro...
Examen
Compucram Real Estate Questions And Correct Detailed Answers (Verified Answers) ||Already Graded A+||Newest Version
Quiz: What type of land use does NOT comply with the zoning restriction for 
its location, but is permitted because it benefits the public? 
Ans: conditional use 
Quiz: properties that were in compliance with old codes 
Ans: nonconforming use 
Quiz: According to USPAP, what is the definition of market value? 
Ans: the most probably price a property will bring 
Quiz: Reproducing a structure best describes building... 
Ans: an exact replica of the structure 
Quiz: Which term best describes a piec...
Examen
Compucram Final Questions With Correct Answers
Compucram Final Questions With Correct 
Answers 
What is it called when personal property is transformed into real property? CORRECT 
ANSWER: Actual annexation 
Constructive annexation occurs when property is so closely related to real property that the law 
treats it as real property, even though it is not physically attached. The fixture is the item that was 
transformed. 
Roberta wishes to build her garage 2 feet from her side lot line. City code calls for all side 
setbacks to be at lea...
Examen
Compucram Property Insurance & Warranties Questions With Solutions
Compucram Property Insurance & 
Warranties Questions With Solutions 
Federal Emergency Management Agency (FEMA) is responsible for: flood area maps 
All of the following are true regarding the National Flood Insurance Program except: the 
program covers loss or damage to personal property caused by a discharge or overflow of water 
from a plumbing, heating or air conditioning system 
In evaluating the property to be insured and the buyer purchasing the property to determine 
insurability and...
Examen
Compucram P&C Questions And Answers
Compucram P&C Questions And Answers 
which of the following will cover personal use of a company car on a PAP? extended nonowned coverage 
which of the following would be required to change all of the coverage parts contained in the 
commercial package policy? interline endorsement 
the limits of liability on a CGL policy can be stated as both occurrence and aggregate 
limits 
on the CGL which of the following will have a separate aggregate limit products and 
completed operations liability ...
Examen
Compucram Practice Exam 3 Questions With Answers
Compucram Practice Exam 3 Questions With 
Answers 
Which of the following Regulation ensures lenders use an annual percentage rate so that the 
borrowers have the information they need to make informed comparisons? Regulation Z 
With a fixed-rate mortgage loan, a change in what item may increase or decrease the monthly 
payment amount? mortgage insurance premium 
Which of the following is NOT a feature of the USDA Section 502 Direct Loans? A 
payback period capped at 30 years 
Patrick is int...
Examen
Compucram Exam Questions With Answers
Compucram Exam Questions With Answers 
What part of an insurance contract specifies the perils insured against? Insuring agreement 
The policy period of a policy is based on: Standard time 
In most policies, the definition of "insured" includes the named insured's spouse, but only 
if a resident of the residence premises. 
What statement is true about an insured who wishes to cancel her insurance policy? She 
may cancel the policy at any time. 
The coverage limit for a dwelling under ...
Examen
Compucram Real Estate Questions With Correct Answers
Compucram Real Estate Questions With 
Correct Answers 
What is NOT true of the Federal Housing Administration? Guarantees mortgage loans 
According to Fannie Mae and Freddie Mac standards, how much of a borrower's income can be 
dedicated to housing expenses for a conventional loan? 28% 
The amount of money paid in regular intervals to reduce the balance owed on a debt is called... 
 debt service 
What type of note calls for interest payments during the term of the loan and principal due a...
Examen
Compucram Real Estate Sales- National + Ohio Questions With Correct Answers
Compucram Real Estate Sales- National + 
Ohio Questions With Correct Answers 
when does a customer become a client? When the customer signs an agency agreement 
with the broker. 
a brokerage operates under an approved trade name and it should use that name, as it appears on 
the license, and it's advertising. abbreviated words indicating the legal structure of the 
organization, such as incorporated or company are not required on the advertisement, but the 
advertisement must indicate th...
Examen
Compucram Practice Exam 3 Questions With Correct Answers 100% Verified
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1 
Compucram Practice Exam 3 Questions 
With Correct Answers 100% Verified. 
When preparing a Loan Estimate, commissions of real estate brokers or agents are listed in 
what subsection? - AnswerOther 
On the Closing Disclosure, applicable secondary market charges passed onto the borrower must 
be properly identified as - AnswerOrigination charges 
The estimate for the interest rate shown on a Loan Estimate must be available for at least ___ 
bus...
Examen
CompuCram Simulated Exam #1 Questions With Correct Answers 100% Verified.
©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:43 PM. 
1 
CompuCram Simulated Exam #1 Questions 
With Correct Answers 100% Verified. 
Employees or independent contractors. 
These are the two possible IRS categories. If the salesperson is hired under a contract, paid 
based on sales, and given an IRS 1099 at year end, the salesperson is an independent 
contractor. If the salesperson is paid a salary, required to put in a set number of hours in the 
office, have taxes taken out of their paycheck, and ...
Examen
CompUcram Final Exam Questions With Correct Answers 100% Verified.
©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:43 PM. 
1 
CompUcram Final Exam Questions With 
Correct Answers 100% Verified. 
Which of these is not considered when determining whether an item is a fixture or personal 
property? - AnswerCORRECT ANSWER: Value of the annexed item 
Three independent groups of large department stores want to research and plan a merger to 
become one large entity. They will have to plan the merger, re-evaluate stocks, and plan on 
shifting their assets to put the merger ...
Examen
CompuCram Exam Questions With Correct Answers 100% Verified.
©THESTAR 2024/2025 ALL RIGHTS RESERVED 12:43 PM. 
1 
CompuCram Exam Questions With Correct 
Answers 100% Verified. 
The fine and/or penalty for transacting insurance without a license is - Answer$25 to $500 
and 6 months in jail. 
Under the Terrorism Risk Insurance Act, what is dollar amount considered to be a certified act 
of terrorism as determined by the US Treasury? - Answer$5 million in collective damages 
If the Superintendent of Insurance is not responsible for promulgating the rules an...
Lote
Compucram Latest Package Deal With 2025 Updated Quiz
Compucram Latest Package Deal With 2025 Updated Quiz
Examen
Compucram Practice Exam 3 (100% correct and graded A+)
When preparing a Loan Estimate, commissions of real estate brokers or agents are 
listed in what subsection? - ️️Other 
On the Closing Disclosure, applicable secondary market charges passed onto the 
borrower must be properly identified as - ️️Origination charges 
The estimate for the interest rate shown on a Loan Estimate must be available for at 
least ___ business days. - ️️There are no time restrictions 
Regulation N (Mortgage Acts and Practices - Advertising, 12 CFR Part 1014) s...
Examen
CompuCram Exam Questions And Answers With Verified Tests 100% Correct Answers
The fine and/or penalty for transacting insurance without a license is - ️️$25 to 
$500 and 6 months in jail. 
Under the Terrorism Risk Insurance Act, what is dollar amount considered to be a 
certified act of terrorism as determined by the US Treasury? - ️️$5 million in 
collective damages 
If the Superintendent of Insurance is not responsible for promulgating the rules and 
regulations of insurance how is it done? - ️️submitting the change to the legislature 
for approval. 
Is aski...
Examen
CompUcram Final (Questions + Answers) Verified 100% Correct!!.
Which of these is not considered when determining whether an item is a fixture or 
personal property? - ️️CORRECT ANSWER: Value of the annexed item 
Three independent groups of large department stores want to research and plan a 
merger to become one large entity. They will have to plan the merger, re-evaluate 
stocks, and plan on shifting their assets to put the merger together. They will need the 
help of: - ️️CORRECT ANSWER: Advice and guidance from investment banks 
What is it called...
Examen
Compucram Simulated Exam Questions And Answers
Compucram Simulated Exam Questions And Answers 
Compucram Simulated Exam Questions And Answers 
Compucram Simulated Exam Questions And Answers
Examen
CompuCram pre-exam Questions And Answers 100% Guaranteed Pass
CompuCram pre-exam Questions And Answers 100% Guaranteed Pass 
Who uses the term REALTIST? - ANS-members of the National Association of Real Estate Brokers 
A REALTIST is a member of the National Association of Real Estate Brokers, a group comprised primarily 
of minority brokers as a response to discrimination from membership to the NAR(R). The Women's 
council of REALTORS(R) was created as a response to discrimination against woman. 
The offeror is the person who - ANS-makes the offer 
The ...