Champion real estate prep - Study guides, Class notes & Summaries

Texas Real Estate Exam Prep Class - Champion Chap.1 Latest 2024 /128 Verified Questions with Complete Solutions Rated (A+) Quiz :Real Property - √Answer :land, improvements attached to the land, benefits, rights, and ownership interest that go with the land.

Dodd-Frank Act (the Wall Street Reform and Consumer Protection Act) Combined TILA and RESPA into TRID Gross income multiplier Price divided by rent equals 2 A broker can offer a guaranteed buyback of a property after ___ yr pd of ownership 10 The borrower has __ days after receiving LE to respond to lender Release clause In blanket loan. Allows borrower to obtain partial releases of specific lots by making required lump sum parts Term Loan Loan with interest only at the end of...

Texas Real Estate Exam Prep Class - Champion Chap.1 Latest 2024 /128 Verified Questions with Complete Solutions Rated (A+) Quiz :Real Property - √Answer :land, improvements attached to the land, benefits, rights, and ownership interest that go with the land.

Champion Real Estate Prep Questions and Answers Dodd-Frank Act (the Wall Street Reform and Consumer Protection Act) - Answer-Combined TILA and RESPA into TRID Gross income multiplier - Answer-Price divided by rent equals 2 - Answer-A broker can offer a guaranteed buyback of a property after ___ yr pd of ownership 10 - Answer-The borrower has __ days after receiving LE to respond to lender Release clause - Answer-In blanket loan. Allows borrower to obtain partial releases of specific lot...

Champion Real Estate Exam Prep - Chapter 3 2023/2024 questions and answers

Texas Real Estate Exam Prep Class - Champion Chap.1 Questions and Answers Real Property - Answer️️ -land, improvements attached to the land, benefits, rights, and ownership interest that go with the land. appurtenance - Answer️️ -A right, privilege, or improvement belonging to and pass with the land. The landowner owns it. improvements - Answer️️ -man's addition to the land such as buildings and landscaping Subsurface, surface ad air rights - Answer️️ -mineral, air and w...

Champion Real Estate - Exam Prep (Q&A)

National Real Estate Exam Prep Chapter 7 (Champions School of Real estate) Rated A+ Conventional loan a loan that is neither federally insured nor guaranteed Non-conventional loan mortgage loans through three agencies: The federal housing Admin. The US dept of Veteran Affairs US Dep. of Agriculture contract for deed (installment contract) seller financing and buyer does not get deed until the property has been paid for in full Mortgage Pledge of real property as a security fo...

Chapter 4 National Real Estate Exam Prep (Champions School of Real estate)Latest Update Graded A+ Express contract Contract that is written or stated Implied contract Contract by actions or evidence Unilateral Contract binds only one party. Example an option Option contract The right to purchase property within a definite time at a specified price Bilateral contract Exchange of promises, binds both parties. Required elements of a contract 1. Competent parties 2. ...