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PSI National Real Estate Questions And Answers

PSI National Real Estate Questions And Answers

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PSI National Real Estate Questions And Answers

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On February 1, a seller paid $1,140 in annual property tax for the current calendar year. He sold the house with the closing set for April 1. What will be the seller's credit for the property taxes already paid if the buyer pays for the day of closing? Use a 360-day year and a 30-day month. ...

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PSI National Exam for Real Estate Questions And Answers

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When obtaining a conventional loan, the borrower must give the lender a ~ mortgage and promissory note A mortgage that is subordinate to another mortgage is called a ~ second mortgage A clause in a loan which calls for immediate payment of the entire balance if the borrower gets behind on his...

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PSI Property and Casualty Exam Questions And Answers

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1. All of the following losses are general exclusions under a dwelling policy excepta. Neglectb. Debris removalc. Nuclear hazardd. Off premises power failure ~ debris removal (included) all of the following are subject to false advertising regulations except gift, illustrations, circulars, s...

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