Renting an apartment - Study guides, Class notes & Summaries

Adjuster Pro Questions Study Guide EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A+ (BRAND NEW!! Ron works from home. After a kitchen fire renders his home uninhabitable, his is forced to rent an apartment in town while the repairs are made. Which type of coverage could help Ron pay for the cost of renting his apartment? - CORRECT ANSWER Coverage D - Loss of Use Fred lives near a business that is currently the object of a protest. As police try and break up the p...

In every crime or public offense, there must exist a union, or joint operation of act and intent, or criminal negligence. T or F - True A person who, after a felony has been committed, knowingly harbors, conceals,or aids a principal who has been charged with, committed or been convicted of that felony, with intent of helping the principal escape is called an... a) principal b) accomplice c) accessory - c) accessory A woman renting an apartment refused to pay rent for two months, stating ...

Which document should the counselor review with the client to identify spending habits and track expenses: - Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - Net income Which item in the client's budget is a fixed expense? - Car lease payment What is the maximum percent of area medium income allowable for a household to qualify for a Housing Choice Voucher? - 50% Which is the maximum recommended housing ratio fo...

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER 50% Which is the maximum recommended housing ratio for renting an apartment? - ANSWER 30% Eligibility requirements for down-payment assistance programs include which factors? - ANSWER Income, home-buyer education, purchase price The client is considering an FHA mortgage. What is the upfront mortgage insurance premium (UFMIP) for an FHA mortgage? - ANSWER 1.75% ...

HUD Housing Exam Questions and Answers 100% Pass Which document should the counselor review with the client to identify spending habits and track expenses: - Correct Answer ️️ -Bank statement Which additional information would the housing counselor need to prepare a household budget for this client? - Correct Answer ️️ -Net income Which item in the client's budget is a fixed expense? - Correct Answer ️️ -Car lease payment What is the maximum percent of area medium income allo...

1. The real estate market is local in nature what does that mean? - ANSWER Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in the performance of specified services of real estate C. Following up wi...

HUD Housing Exam Questions and Answers 100% CorrectHUD Housing Exam Questions and Answers 100% CorrectHUD Housing Exam Questions and Answers 100% CorrectHUD Housing Exam Questions and Answers 100% CorrectHUD Housing Exam Questions and Answers 100% Correct Which document should the counselor review with the client to identify spending habits and track expenses: - ANSWER-Bank statement Which additional information would the housing counselor need to prepare a household budget for this cli...

HUD Practice Exam Questions and Answers 100% CorrectHUD Practice Exam Questions and Answers 100% CorrectHUD Practice Exam Questions and Answers 100% CorrectHUD Practice Exam Questions and Answers 100% CorrectA client, who is a divorced local school teacher, is interested in purchasing his first home. He wishes to stay in the same neighborhood where he now lives and to purchase a home in the low-$100,000 range. He currently leases a car for $435 a month and would like to buy a new car. The cl...

HUD Housing Counselor Certification Practice (HUD Knowledge Assessment) Questions And Answers Already Graded A+ What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? 50% Which is the maximum recommended housing ratio for renting an apartment? 30% Eligibility requirements for down-payment assistance programs include which factors? Income, home-buyer education, purchase price The client is considering an FHA mortgage. What is ...