Bob brooks - Study guides, Class notes & Summaries

FINAL EXAM (Bob Brooks) Questions and Answers 100% Pass When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours - Answer- b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase price c. acknowl...

Finance - Review Exam (Bob Brooks) Questions with 100% Correct Answers | Latest Version 2024 | Expert Verified | Ace the Test

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When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours - ANSWER-b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase price c. acknowledged d. be free of all liens - ANSWER-c. acknowledg...

When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours - correct answer-b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase price c. acknowledged d. be free of all liens - correct answ...

Finance - Review Exam (Bob Brooks) Questions and Answers Already Passed Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to p...

FINAL EXAM (Bob Brooks) WITH 100% CORRECT ANSWERS When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours - answerb. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase price c. acknowledged d...

BOB BROOKS NATIONAL PRACTICE OF REAL ESTATE EXAM 2024/2025

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