Bob Hogue Real Estate Questions With 100% ALL SURE ANSWERS
Terms in this set (96)
Requirement that the infrastructure for sanitary Concurrency Provision
sewers, potable water, and waste treatment facilities
be in place before new development is allowed is
the
The only active general partner in a real estate placed in inactive status
brokerage partnership has his license suspended.
All of the licenses of the sales associates in that
brokerage are
Legal Title always passes from the seller to the When the deed is voluntarily delivered and voluntarily accepted
buyer
Bob Hogue Real Estate Questions
, Which property is neither exempt not immune from Undeveloped Farmland
ad valorem property tax?
A square 24 Miles on each side created by intersecting guide meridians and correction lines
Description of A Check
containing 16 townships
A listing to sell property and obtain a specified Net Listing
amount for the owner-principle is called
The key difference between police powers and Any compensation was paid to an affected owner
eminent domain is whether
For real property to be depreciated it must Have improvements
Special Assessments are used to help pay for some public improvement that benefits the property.
Mortgage loan payments made in regular A term mortgage
installments of interest only with the full principal
amount plus accrued interest paid at one time at the
end of the loan period describes
A type of deed that contains the words "remise and Quitclaim Deed
release" or similar words is the
One mortgage clause NOT normally found in a VA Prepayment Penalty clause
or FHA mortgage is the
Who is required to obtain a Florida Mortgage Loan An agent of a state-regulated mortgage lender who takes loan application from consumers
originators License?
Legal Description used only in developed Lot and Block
subdivisions
When measuring the square footage of a house an Exterior dimensions
appraiser uses
Recorded legal document that gives constructive Lis Pendens
notice that an action affects title to a parcel of real
property
Lan value is obtained separately when using which Cost Approach
approached to estimating value?
Statement that is TRUE regarding PMI PMI is required on conventional mortgage loans with a 90% LTV
Bob
The purpose of Hogue
a TRIM notice is Real
to Estate Questions
Inform property owners of the tax bill they can expect in November
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