Chattel mortgage - Study guides, Class notes & Summaries

Texas Real Estate Exam (National) Latest Update Graded A+ real property the tangible real estate and intangible rights associated with the ownership of real estate -transfers by deed or will personal property a right or interest in things of a temporary or movable nature; anything not classed as real property (chattel, personalty) -transfers by a bill of state fixture personal property that has been attached in such a way as to make it real property -"installed" often indicate...

Principles and Practices of Hawaiian Real Estate Exam Questions and Answers 100% pass All of the following are synonymous with land improvements and rights therein except: A) Real estate B) Real property C) Realtor D) Realty - Correct Answer ️️ -C In real estate, the term "improvements" most nearly means: A) Fences, wells, drains and roadways B) Additions to the original structure C) Everything tangible except the land D) Outbuildings - Correct Answer ️️ -C The right of ow...

NYS Notary Multiple Choice Test Answered 100% Correctly (Complete, 2024) A Notary who refrains from performing a duty, which is imposed by law or inherent in the nature of his/her office, may be guilty of? a. A felony b. Criminal Contempt c. A Tort d. A Misdemeanor d. A Misdemeanor A copy of a public record signed and certified as true copy by the public official having custody of the original is known a(n): a. Affirmation b. Authentication c. Certified Copy d. Acknowledgment c. ...

NYS Notary Multiple Choice Test Answered 100% Correctly (Complete, 2024) A Notary who refrains from performing a duty, which is imposed by law or inherent in the nature of his/her office, may be guilty of? a. A felony b. Criminal Contempt c. A Tort d. A Misdemeanor d. A Misdemeanor A copy of a public record signed and certified as true copy by the public official having custody of the original is known a(n): a. Affirmation b. Authentication c. Certified Copy d. Acknowledgment c. ...

Real estate has been estimated to represent approximately - ANSWER-one-half of the world's total economic wealth. The buyer's ability to finance the property is an important, if not the -------, contingency in most residential transactions, and a significant driver in the entire real estate-based economy. - ANSWER-primary Texas is a: a. Lien Theory b. Title Theory - ANSWER-a. Lien Theory Lien Theory - ANSWER-In lien theory states such as Texas, the security for a mortgage is a lie...

Capitalization process The value of an income-producing property estimated by converting anticipated benefits arising from the ownership of the income producing property. Anticipation Principle where value is created by the expectation of benefits to be derived in the future. Change Principle where investor's expectations of changes in income levels, the expenses required to ensure income, and probable increases or decreases in property that must be addressed and forecast. ...

Real Estate and Business Brokers Act (REBBA) - Answer-- regulates real estate trading - Ministry of Government & Consumer Services is responsible for it - RECO enforces it - provides a framework for the regulation of the profession to protect consumers & ensure integrity of interactions is upheld REBBA Code of Ethics - Answer-- objective is to protect sellers & buyers by outlining standards to be upheld during all real estate activities - Fairness & Honesty - Conscientious & Competent Se...

McKissock Learning - Basic Appraisal Principles Exam Questions And Answers 100% Solved repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - answermortgage note "The earth's surface, both land and water, and anything that is attached to it whether by the course of nature or human hands" is the definition of: A) land B) site C) water D) real property - answerA The public restriction on property rights that allows the government to place a lien on a pro...

NMLS Practice Test Hard Questions and A A discount point is BEST described as a charge the borrower pays to: A.)A lender to decrease the interest rate on the mortgage loan B.)A mortgage broker at the time of application to obtain a favorable rate C.)The seller as part of the closing costs of a loan D.)A lender to ensure against foreclosure - Answer-A.) A lender to decrease the interest rate on the mortgage loan A buyer has made an earnest money payment of $5,000. The buyer pays an ad...

CIP - C120 Underwriting Essentials Latest Update Already Passed Definition #1 An underwriter is an insurance professional employed to accept or reject risk on behalf of an insurer Definition #2 An underwriter is an investor of shareholder capital Definition #3 An underwriter is an insurance professional employed to implement an insurer's strategic plan Complete Definition An underwriter is an insurance professional who invests the capital of an insurer's shareholders by accepti...