0 bedroom dwelling - Study guides, Class notes & Summaries

0-Bedroom Dwelling Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause A clause within a mortgage permitting a lender to accelerate the amount due upon default and declare t...

0 - bedroom Dwelling - correct answerefficieny and dormintory. Not target housing according to HUD. Exempt from needing to include the Lead Base Paint disclosure. Abstract of Title - correct answerA condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place. Acceleration Clause - correct answerA clause in a m...

Herb owns a processing plant outside of town that services all the local farmers. He's been using over-the-road transportation but wants to streamline his business by using the railroads. He contacts ABC Railway Transport and the two come to an agreement: ABC Railway will run a sidetrack onto Herb's business premises, if Herb agrees not to hold ABC Railway responsible for certain liabilities that could result from the sidetrack's use. This agreement would fall under __________ in Herb's Comm...

A physical or mental impairment that substantially limits one or more major life activities, a record of having such an impairment or being regarded as having such an impairment. CORRECT ANSWER disability A person's religious or spiritual beliefs and practices, or his or her denominational affiliations. CORRECT ANSWER religion Housing constructed prior to 1978, which under the Lead Based Paint Disclosure Law, requires a Lead Based Paint Addendum included with the Offer to Purchase. The ex...

1992--Residential Lead-based Paint Hazard Reduction Act of 1992, provides a comprehensive national approach to dealing with LBP in the nation's housing stock correct answersTitle X conditions causing exposure to lead from dust, soil, or paint that is deteriorated or present in accessible, friction, or impact surfaces that would result in adverse health effects that comes from; dust, soil, paint that is deteriorated or present on accessible, friction, or impact surfaces correct answersLBP haz...

In order to determine the absorption qualities of soils for a proposed disposal field, code requires that the proposed site be  subjected to a percolation test the minimum sidewall of a seepage pit shall be at least  10 feet below the inlet What is the minimum gallon capacity of a septic tank  750 gallons The minimum liquid capacity of a septic tank serving a two bedroom , three bath residence is  750 gallons Effluent or drainage from a homes clothes washing machine may be ...

lead based paint 1mg/cm^2 or .5% by weight title X aka Residential Lead-Based Paint Hazard Reduction Act of 1992 -shifted focus of federal legislation from acting on existing lead-based paint hazards to preventing new hazards from occurring -has regs governing the training and certifcation of lead professionals -Fed regs DO NOT require LBP inspections; risk assessments, or abatement in target housing or child-occupied facilities -congress passed in order to protect families from exp...

1992--Residential Lead-based Paint Hazard Reduction Act of 1992, provides a comprehensive national approach to dealing with LBP in the nation's housing stock - Answer- Title X conditions causing exposure to lead from dust, soil, or paint that is deteriorated or present in accessible, friction, or impact surfaces that would result in adverse health effects that comes from; dust, soil, paint that is deteriorated or present on accessible, friction, or impact surfaces - Answer- LBP hazards (Titl...

WRA exam questions and complete answers 0-Bedroom Dwelling Abstract of Title Acceleration Clause Acceptance Accession Active Property Actual Notice Ad Valorem Addenda Adjustable Rate Loan Advance Fee Adverse Fact Age Agency Agent Amendment Amenities American with Disabilities Act (ADA) Amortization Ancestry Annexation Annual Percentage Rate (APR) Anticipation Antitrust Laws Appraisal Appraiser Approved Form Appurtenant Easement Arbitration ...

WRA FINAL EXAM QUESTIONS WITH COMPLETE ANSWERS | VERIFIED 2023/2024. 0-Bedroom Dwelling ANSWER : Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title ANSWER : A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause ANSWER : A cla...