Construction loan Study guides, Class notes & Summaries
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![Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+](/docpics/4171458/659c19f325c22_4171458_121_171.jpeg)
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+
- Exam (elaborations) • 12 pages • 2024
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Gold Coast Real Estate Exam Questions With Verified Answers Latest 2024 Graded A+ . Tract building - Answer- When a dev. Acquired land, records a plat map and uses a 
model center from which sales may be made 
Local level - Answer- Planning, zoning, property taxation, building and health codes and 
regulations, and building moratoriums that affect development play a significant role in 
the cost and desirability of real estate 
Broker associate - Answer- A licensed broker working for another bro...
![Michigan Residential Builder's License Test With Correct Solution](/docpics/3122015/64bea2640c094_3122015_121_171.jpeg)
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Michigan Residential Builder's License Test With Correct Solution
- Exam (elaborations) • 114 pages • 2023 Popular
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What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year 
 
What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years 
 
On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address 
 
What is the cost of the individ...
![Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.](/docpics/63ed3732877f0_2374787.jpg)
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
![MA Real Estate Exam Study Guide Already Graded A](/docpics/4147713/6597c98f7252f_4147713_121_171.jpeg)
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MA Real Estate Exam Study Guide Already Graded A
- Exam (elaborations) • 75 pages • 2024
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Appraisal An estimation of a property's value, usually prepared by a professional who is 
licensed in this field. 
Brokerage The business of bringing people together in a real estate transaction. 
Commerical The types of properties that include office spaces, shopping centers, stores, 
theaters, hotels, parking facilities, etc. 
Development The term for the construction of improvements upon the land. 
Elevation Certificate Insurance agents are required to obtain one of these on any property 
be...
![Utah Contractor Exam (Real)Questions + Answers Graded A+](/docpics/4784797/65f98acca47d1_4784797_121_171.jpeg)
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Utah Contractor Exam (Real)Questions + Answers Graded A+
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Depreciation is taken on which of the company's assets? 
a. Loans 
b. Current assets 
c. Fixed assets 
d. None of the above - Answer-C ... Explanation: Depreciation is counted from fixed assets. 
A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee 
unless the employer is registered with and uses a status verification system such as E -Verify to verify 
the federal legal working status of any new employee. 
a. 5 
b. 10 
c. 15 
d. 1 - Answer-C ... Expl...
![Econ 104, Goffe, PSU 2024 Exam Graded A+ | Verified & Updated](/docpics/4485570/65ca46ade13f0_4485570_121_171.jpeg)
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Econ 104, Goffe, PSU 2024 Exam Graded A+ | Verified & Updated
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Econ 104, Goffe, PSU 2024 Exam Graded A+ 
| Verified & Updated 
GDP -Answer-the market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation -Answer-GDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption -Answer-expenditures made by households (excluding the purchase of a 
new house) 
Investment -Answer-Final goods and services purchased by business firms (equipment 
for production and new buildings), changes in i...
![Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass](/docpics/63c6fdd028388_2268696.jpg)
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Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass
- Exam (elaborations) • 9 pages • 2023
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Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass On an FHA loan the upfront MIP should be included when calculating cash-to-close. False 
The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) False 
A 3-Year ARM adjusts every 3 years True 
A Loan Officer can locate the summary of the eligibility requirements for a loan to be sold to a specific lender/investor in the lender specs. False 
A HELOC loan has an interest only payment ...
![AFSB 152 Practice Exam Part A with 100% complete solutions](/docpics/3175993/64ca8d028016a_3175993_121_171.jpeg)
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AFSB 152 Practice Exam Part A with 100% complete solutions
- Exam (elaborations) • 7 pages • 2023
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The two main types of construction are heavy and highway construction and The general building trades 
 
Dramatic increase in project size, taking work in new geographical areas, moving into new types of construction, and lack of management maturity are all factors that can result in Contractor failure 
 
The Miller Act requires a contractor on a federal construction project to post two bonds, a performance bond and a Labor and material payment bond 
 
Contractors would typically be granted reli...
![Gold Coast Real Estate Exam with Verified Answers](/docpics/642816aeec080_2541594.jpg)
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Gold Coast Real Estate Exam with Verified Answers
- Exam (elaborations) • 11 pages • 2023
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Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made 
 
Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate 
 
Broker associate - Answer- A licensed broker working for another broker 
 
False - Answer- A florida real estate license applicant must be a resident a...
![SC Property Management Exam Questions with Complete Solutions | 100 % Correct | 2024 Update](/docpics/4330872/65b2ad33cfba1_4330872_121_171.jpeg)
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SC Property Management Exam Questions with Complete Solutions | 100 % Correct | 2024 Update
- Exam (elaborations) • 12 pages • 2024
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SC Property Management Exam Questions with Complete 
Solutions | 100 % Correct | 2024 Update 
Residential Landlord and Tenant Act - Answer ️️ -Created in 1986 
Residential Landlord and Tenant Act - Purpose - Answer ️️ -Simplify, clarify, modernize, and 
revise the law governing rental of dwelling units and the rights, obligations of landlords and 
tenants. To encourage landlords and tenants to maintain and improve the quality of housing. 
Administration Remedy - Answer ️️ -Any right ...
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