Usury most nearly means - Study guides, Class notes & Summaries

Real Estate Final Exam (150 Questions) With Complete Solutions . A real estate licensee has a buyer agency agreement. What is the seller in this situation? A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? If the tenant ...

MD Real Estate PSI National Exam 1 With Correct Questions And Answers 2024

Unit 6 - National Finance Exam | LATEST 2023/24 The seller under a land contract is called _____________ the grantor. the grantee. the vendor. the vendee. - the vendor. An owner was selling his own home. Can he advertise the down payment? No, because it violates RESPA No, because it violates Regulation Z Yes, as long as it was listed with a broker Yes, because it was his own home - Yes, because it was his own home Who is NOT an originator of primary loans? Savings and loans...

A real estate licensee has a buyer agency agreement. What is the seller in this situation? - Answer A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - Answer He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? - Answer If the tenant has loud parties, makes too much noise...

A real estate licensee has a buyer agency agreement. What is the seller in this situation? - Answer A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - Answer He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? - Answer If the tenant has loud parties, makes too much noise...

A real estate licensee has a buyer agency agreement. What is the seller in this situation? - A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? - If the tenant has loud parties, makes too much noise, and is con...

NJ Real Estate Salesperson Exam Already Graded A What is the collateral in a home loan? The property itself When someone contributes to the construction or rehabilitation of a property with labor or services rather than cash, that contribution is called? sweat equity If you were buying a house that included furnishings, you would receive a written document transferring title to the personal property. This document is called a/an bill of sale What does a power of attorney grant someone? comple...

Usury MOST nearly means - Answer- A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - Answer- usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by ...

Real Estate Sales Person Exam Prep (California) (2022/2023) Rated A+ When agent Andy took a listing, he promised the seller that he would advertise the property in a magazine until it was sold. Andy told the seller he submitted the ad, but the magazine said Andy never contacted them or submitted the ad. Andy is guilty of: Actual Fraud A fee simple estate is: an estate of inheritance If an appraiser is appraising a special purpose property he would probably use the: Cost Approach The main pur...

1. A real estate licensee has a buyer agency agreement. What is the seller in this situation? A. a customer B. a client C. a fiduciary D. an agent - Answer A. There's an important distinction between client and customer. Unless there is a specific agreement to the contrary, licensees represent only one side in a transaction. In this case, it's the buyer who is the client and it's the licensee's obligation to negotiate a deal that's in that person's best interests, not the one th...