C residential property - Study guides, Class notes & Summaries

Texas Promulgated Contracts-CHAMPIONS Exam, Answered-The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...

FAC3702 Assignment 1 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references .. Question 1 (50 marks - 75 minutes) KassiLam Limited (“KassiLam”) was founded by two Soweto born young entrepreneurs while they were in Varsity. KassiLam specialises in WIFI installation in the townships and have expanded to the villages. KassiLam makes money from contracts with the government through competitive bi...

TEXAS PROMULGATED CONTRACTS-CHAMPIONS STUDY QUESTIONS & ANSWERS 100% Correct!!.The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - ANSWER-B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory ...

An economic recovery is defined as A) two successive quarterly declines in the gross domestic product. B) two successive quarterly increases in the gross domestic product. C) a period of higher housing prices. D) two successive periods of stock market gains. correct answers B) two successive quarterly increases in the gross domestic product. Explanation When consumers, lured by lower prices, venture back into the market, business activity increases and confidence begins to return. Sl...

IFSTA 7th Edition Block 1 Test Review, Questions & Answers (All Chapters)-What is the mission of the fire service? a. Completely eliminate the occurrence of fires in residential structures b. Protect personal and public property from fire and disrepair c. Save lives and protect property and the environment from fires and other hazardous situations d. Employ the all-hazard approach to providing community protection - c. Save lives and protect property and the environment from fires and othe...

The department requires start up funds equal to ______ months operating expenses. (85018)(b)(1) - ANSWER3 months No other person than the _____ shall alter the prescription label. (80075)(k)(4) - ANSWERdispensing pharmacist Medication shall be centrally stored when...(80075)(j) - ANSWER1. preservation of medication requires refrigeration 2. medication is determined by the physician to be hazardous if kept by the resident 3. administrator/licensing determines the medication to be a safety...

M100 Community Association Management Exam Questions with correct Verified Answers (Latest Update 2024) Each of the following are key characteristics of community associations EXCEPT: a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. b. Membership in the community association is mandatory and automatic for all owners. c. A requirement of community association ownership is serving on the board of dir...

Steven put down $10,000 toward a property's purchase price, financed the rest, and now has a cash flow of $2,800 after repairs and debt service. What's his ROI? a 21% b 26% c 28% d 32% - c 28% Return on investment or ROI = cash flow ÷ cash investment. $2,800 ÷ $10,000 = 28%. What's a legal agreement or promise made between two parties? a. A consideration b. A covenant c. A handshake d. A negotiation - b. A covenant A legal agreement or promise made between two parties is a cove...

Superior NC Real Estate Important Final Exam Questions and Answers RESPA -Answer--Real Estate Settlement Procedures Act: applies ONLY to 1-4 family residential transactions, transactions involving a "federally related" mortgage (conventional, FHA, VA) Which party's signature is required on a deed of trust? A. the trustee B. the beneficiary C. the trustor(s) D. the grantee(s) -Answer-C. the trustor(s) The trustor is the borrower in a lending situation using a trust deed. The borrower...

Which neighborhood quality of life issue is most affected by the overuse of alcohol? a. property values b. noise c. traffic congestion d. homelessness - Correct answer-B. Noise Irresponsible alcohol sales in a community typically lead to an increase in a. calls to law enforcement. b. home values c. car and home insurance rates. d. drug overdoses. - Correct answer-A. Call to law enforcement Which symptom is associated with alcohol-impaired driving? a. increased heart rate b. breathing...