Mortgagee - Study guides, Class notes & Summaries
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Illinois Notary Primer Guaranteed Success
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Illinois Notary Primer Guaranteed Success 
Notary Bond ️Provides coverage for damages to anyone who suffers financially from a Notary's 
action - intentional or not 
Reasonable Care ️The degree of attentiveness that a person of normal intelligence and responsibility 
would exhibit. 
Uniform Real Property Electronic Recording Act ️It's the electronic recording system for the filing of 
electronic real property documents executed and notarized with electronic signatures. 
Do you nee...
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REE 3433 Chapter 9 Questions with Complete Solutions
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Guarantee Correct Answer-A promise made by one party to share responsibility for the debts of another party 
 
Mortgage Correct Answer-An interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt 
 
Promissory note Correct Answer-A promise or an engagement in writing to pay a specified sum at a time therein stated or on demand or at sight to a person named therein 
 
Debtor Correct Answer-One who owes a debt 
 
Payee Correct Answer...
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NEW YORK INDEPENDENT GENERAL ADJUSTER EXAM SIMULATOR - SERIES 17-70 2024
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Which of the following would NOT be found in the conditions section of a homeowners insurance policy? 
Subrogation rights 
Duties of the insured 
Insurance premium 
Mortgagee clauseAnswer - The insurance premium is not shown in the conditions section of the homeowner policy. 
 
Which of the following is true regarding dealers physical damage coverage under a garage policy? 
 
It is a blanket limit for covered autos. 
It extends coverage to customers' autos. 
It is an annual maximum limit...
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Pearson Vue Property Insurance Practice Test 100% Correct Solved
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Pearson Vue Property Insurance 
Practice Test 100% Correct Solved 
1. Which of the following perils is covered under the Commercial Property Basic Cause 
of Loss form? 
1. A. Collapse 
2. B. Sinkhole collapse 
3. C. Falling objects 
4. D. Breakage of glass - Correct Answer ️️ -Answer: B Sinkhole Collapse 
The National Flood Insurance Program provides coverage for losses caused by all of 
the following occurrences EXCEPT: 
A. 
mudslides 
B. 
runoff from heavy rain 
C. 
overflow of tidal water...
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AL Practice Exam – Adjusting 2023 with complete solution
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1.	1. The insured carries a BOP policy with protective systems such as a sprinkler system. If the system becomes inoperative, the insured must 
advise the insurance company of the problem within	if the system cannot be restored to working order: 48 hours Your Answer 
2.	2. Tina has two policies (Policy X and Policy Y) that cover the same risk on a pro rata basis. Policy X has a limit of $100,000 and Policy Y has a limit of 
$25,000. When Tina suffers a loss totaling $75,000, how will the two pol...
Too much month left at the end of the money?
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PEARSON VUE PROPERTY INSURANCE PRACTICE TEST Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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1. Which of the following perils is covered under the Commercial Property Basic Cause 
of Loss form? 
1. A. Collapse 
2. B. Sinkhole collapse 
3. C. Falling objects 
4. D. Breakage of glass 
Correct Answer: Answer: B Sinkhole Collapse 
The National Flood Insurance Program provides coverage for losses caused by all of 
the following occurrences EXCEPT: 
A. 
mudslides 
B. 
runoff from heavy rain 
2 
C. 
overflow of tidal waters 
D. 
water-main breakage 
Correct Answer: Answer: D Water-Main Break...
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Indiana Adjuster Practice Exam Questions with 100% Correct Answers
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Greg plays trombone in his school band during football games. During a rally song in the stands one day, Greg annoys one of the opposing team's fans, who grabs his $400 trombone and hurls it down the bleachers, completely destroying it. Greg's insurance pays him $400 to replace the trombone, but then the opposing team's coach also offers to replace the instrument, at whatever the cost. So Greg orders a new $3,200 trombone and has the opposing team's athletic department absorb the cost. Which...
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Property and Casualty Review 2024 Questions and Answers
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Property and Casualty Review 2024 
Questions and Answers 
A unique exclusion that is found only in the Fine Art Floater is: - Correct Answer ️️ -Art 
on Exhibition (Due to most frequent thefts during gallery showings) 
Which section of a Special form policy determines whether a peril is covered? - Correct 
Answer ️️ -Exclusions 
New zoning laws prevent an Insured from replacing a destroyed property. If the Insured 
transfers ownership of the property to the Insurer, this is an example of...
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Real estate express - Colorado closings final exam
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Which of the following is not permitted in a contract lawsuit? 
a. Liquidated damages 
b. Actual damages 
c. Specific performance 
d. Punitive damages 
d. Punitive damages 
A non-conforming loan fails to meet whose underwriting standards? 
a. The primary lender 
b. The provider of the mortgagee title policy 
c. Fannie Mae 
d. The PMI insurer 
c. Fannie Mae 
What is the
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NEW YORK INDEPENDENT GENERAL ADJUSTER EXAM SIMULATOR - SERIES 17-70 2024
- Exam (elaborations) • 32 pages • 2024
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Which of the following would NOT be found in the conditions section of a homeowners insurance policy? 
Subrogation rights 
Duties of the insured 
Insurance premium 
Mortgagee clauseAnswer - The insurance premium is not shown in the conditions section of the homeowner policy. 
 
Which of the following is true regarding dealers physical damage coverage under a garage policy? 
 
It is a blanket limit for covered autos. 
It extends coverage to customers' autos. 
It is an annual maximum limit...
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