COMPUCRAM Question with 100% correct answers graded A+ passed 2023

COMPUCRAM Question with 100% correct answers graded A+ passed 2023A life estate would end by merger. Which of the following best explains merger? - correct answer Remainder party buys the life tenant interest What would not apply to Police Power? - correct answer Condemnation The act of the government taking private property for public use is: - correct answer Condemnation The gross rent multiplier is calculated by: - correct answer Dividing the price by the gross rents A listing agreement is a mutual agreement between a broker and a principal and is considered: - correct answer An authorization to sell The listing agent is informed by the seller that the basement gets wet when it rains. The agent says nothing to the buyer. Who is liable for the failure to disclose the latent defect? - correct answer seller Except during a time of emergency, property cannot be confiscated through use of: - correct answer Police power A lender is limited in the amount of reserves they may hold in a residential real estate transaction. This is governed by: - correct answer RESPA Which lien attaches to a property to prevent the transfer of title when there is a pending lawsuit that may affect the title? - correct answer Attachment Refusing to make loans based on racial composition of a neighborhood is called: - correct answer Redlining