100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
COLIBRI SCHOOL EXAM NJ LATEST ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) £4.63
Add to cart
Quickly navigate to
Preview
  2.  
  3. COLIBRI School
  4.  
  5. COLIBRI School

Exam (elaborations)

COLIBRI SCHOOL EXAM NJ LATEST ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS)
 7 views  0 purchase
  • Module
  • COLIBRI School
  • Institution
  • COLIBRI School

COLIBRI SCHOOL EXAM NJ LATEST ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS)

Preview 3 out of 26  pages

Document information

  • October 26, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • 1 colibri school exam
  • colibri school exam nj latest actual

Written for

  • COLIBRI School
All documents for this subject (41)

Seller

avatar-seller
samuelwachira

Content preview

COLIBRI SCHOOL EXAM NJ LATEST 2024-2025 ACTUAL EXAM 100 QU
TIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VER
FIED ANSWERS)
Study online at https://quizlet.com/_fjaheg
Regulation Z requires the disclosure of
which of following?

A. Respa B. APR
B. APR
C. NAR
D. CMA
Two men own a parcel of land as joint
tenants. One of them dies, and his will
stipulates that his interest will pass to his
wife and, upon her death, to hiss chil-
dren. What type of estate do the children
have? D. no estate

A. Estate in reversion
B. Estate in remainder
C. Life estate
D. No estate
Something of value offered by one part
and accepted by another as inducement
to perform is called
D. Consideration
A. Acknowledgment
B. Boot
C. Conveyance
D. Consideration
The unities of time, title, interest and pos-
session are directly connected with

A. Tenancy in common D. Joint tenancy
B. Remainder interest
C. Communalproperty
D. Joint tenancy
A sellers broker must transmit to her prin-
cipal



, COLIBRI SCHOOL EXAM NJ LATEST 2024-2025 ACTUAL EXAM 100 QU
TIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VER
FIED ANSWERS)
Study online at https://quizlet.com/_fjaheg
A. Copies of all advertisements on the
property
B. All offers that are reasonable D. All written offers
C. All written offers that are reasonable
D. All written offer
If the owners of a property sell it them-
selves, even though they have an exclu-
sive agency listing with a broker, they
owe the broker
D. No commission
A. The full commission
B. One-half the commission
C. A commission that must be settled
through arbitration
D. No commission
Which of the following does NOT hold a
leasehold estate?

A. Tenant for years D. Tenant at sufferance
B. Life tenant
C. Tenant at will
D. Tenant at sufferance
A loan used for temporary financing is a

A. VA loan
C. Construction loan
B. FHA 203(b) loan
C. Construction loan
D. Land contract
In a sale-leaseback agreement, the

A. Grantor becomes the landlord
C. Grantor becomes the lessee
B. Grantee becomes the tenant
C. Grantor becomes the lessee
D. Grantor becomes the assignee
A man and a woman are not married but
own property together. The man dies in


, COLIBRI SCHOOL EXAM NJ LATEST 2024-2025 ACTUAL EXAM 100 QU
TIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VER
FIED ANSWERS)
Study online at https://quizlet.com/_fjaheg
an accident and the woman now owns
the property in severalty. The man and
the woman must have held title in
D. Joint tenancy
A. Tenancy by the entirety
B. Tenancy in common
C. Life tenancy
D. Joint tenancy
When a lease provides that the lessee
shall be responsible for all expenses, it
is known as
C. Net lease
A. Gross lease
B. Percentage lease
C. Net lease
D. Index lease
The lease that requires no advance no-
tification to terminate it at the end of its
term is called
C. Estate for years
A. periodic tenancy
B. month to month
C. Estate for years
D. Year to year
The cost approach would most likely be
used for which of the following?

A. Single family house C. Public building
B. Apartment building
C. Public building
D. Office building
Which of the following liens takes prece-
dence over all others?
C. Delinquent special assessment
charge
A. Judgement against the seller
B. Purchase money mortgage taken by

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller samuelwachira. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £4.63. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

51036 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£4.63
  • (0)
Add to cart
Added