Legal mortgages - Study guides, Revision notes & Summaries

Test Bank for Business Law and the Legal Environment Version 3.0 by Don Mayer, Daniel Warner, George Siedel, and Jethro K. Lieberman. Full Chapters test bank are included - Chapter 1 to 53 Chapter 1: Introduction to Law and Legal Systems 1.1 What Is Law? 1.2 Schools of Legal Thought 1.3 Basic Concepts and Categories of U.S. Law 1.4 Who Makes the Law 1.5 Legal and Political Systems of the World 1.6 A Sample Case 1.7 Summary and Exercises Chapter 2: Introduction to Corporate Social Resp...

appraisal - value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - The percentage of value or sales price that a lender is willing to finance. limited appraisal report - exterior only/drive by inspection. deemed as low risk loan highest and best use of property - legal use that gives the greatest return Principal of Contribution - cost does not equal value Residential Mortgage Loan Originators (RMLO) - Must be certified licenc...

South Carolina Real Estate Exam (State Portion Only) Questions and Answers The creditor should ascertain the preference of the _____ as to legal counsel relating to closing the loan and insurance agent. A) lender B) seller C) real estate agent D) borrower - Correct Answer ️️ -D) borrower The assumption fee when assuming a loan in SC may not exceed _____. A) 1% of the loan or $400, whichever is greater B) 1/2% of the loan C) $500 D) 1% of the loan or $400, whichever is less - Corr...

TEST BANK for Real Estate Finance & Investments, 17th Edition ISBN10: 7 | ISBN13: 4300 By William Brueggeman and Jeffrey Fisher PART ONE: Overview of Real Estate Finance and Investme nts Chapter 1: Real Estate Investment: Basic Legal Concepts Chapter 2: Real Estate Financing: Notes and Mortgages PART TWO: Mortgage Loans Chapter 3: Mortgage Loan Foundations: The Time Value ofMoney Chapter 4: Fixed Interest Rate Mortgage Loans Chapter 5: Adjustable and Floating Rate Mortgage Loans Chapter 6: Mortg...

Test Bank for Managing the Law: The Legal Aspects of Doing Business, Canadian Edition, 6th edition 6e by Mitchell McInnes, Ian R. Kerr, VanDuzer. ISBN-13: 4126 Full Chapters test bank included 1 Risk Management and Sources of Law 2 Litigation and Alternative Dispute Resolution 3 Introduction to Torts 4 Intentional Torts 5 Miscellaneous Torts Affecting Business 6 Negligence 7 The Nature and Creation of Contracts 8 Consideration and Privity 9 Representations and Terms 10 Contractua...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

1) When can a notary public reapply for commission without re-testing? - ANSWER 1) Up until 6 months from expiration date. 2) Up until 1 year after military discharge (except dishonorable) 3) When the renewal is mailed to the notary public reminding that expiration date is in 3 months. 2) Who is appointed to accept process service on behalf of the notary public who is a non-resident? - ANSWER The Secretary of state. 3) Can a notary public be denied reappointment at the time of renewal, e...

Test Bank for Business Law with UCC Applications 16e 16th Edition by Paul Sukys. ISBN 7939 Full Chapters test bank included (Ch 1 to 34) PART ONE: ETHICS, LAW, AND THE JUDICIAL SYSTEM Chapter 1: Ethics and the Law Chapter 2: Sources of the Law Chapter 3: The Judicial Process and Cyber-Procedure Chapter 4: Alternative Dispute Resolution and Cyber-ADR Chapter 5: Criminal Law and Cybercrimes Chapter 6: Tort Law and Cybertorts Case Study: Roman Catholic Diocese of Brooklyn, New Yo...

Delaware Real Estate Law Final Exam Questions and Answers Loan to Value Ratio - Answer️️ -Amount of the loan vs value of real estate Who is the Devisee under a Will? - Answer️️ -Devisee under will is person who receives property under a will (maker of will is devisor) What are the Requirements for a valid deed in DE - Answer️️ -The deed has to be in writing The deed has to describe property with specificity The deed must have the name of grantor and grantee The deed must be ...

Test Bank for Real Estate Finance & Investments, 17th Edition by William Brueggeman and Jeffrey Fisher. ISBN-10: 7 ISBN-13: 4300 Full chapters test bank PDF PART ONE: Overview of Real Estate Finance and Investments Chapter 1: Real Estate Investment: Basic Legal Concepts Chapter 2: Real Estate Financing: Notes and Mortgages PART TWO: Mortgage Loans Chapter 3: Mortgage Loan Foundations: The Time Value ofMoney Chapter 4: Fixed Interest Rate Mortgage Loans Chapter 5: Adju...