Escalation clause Study guides, Class notes & Summaries

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Construction Management Final Exam Latest Update (2023/2024) Graded A Why are the MSDS so important for workers to read at the job site? Material Safety Data Sheet provide important knowledge on how to work with toxic materials at the job site. Quality assurance includes all of the following practices EXCEPT: Testing standards Which of the following is NOT an item of personal protective equipment that might be used by workers on the jobsite? Hardhat, Gloves Which of the following is NOT a typ...

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

Test Bank for International Economics 18e 18th Edition by Robert Carbaugh. ISBN-13: 8915 Full Chapters test bank included Chapter 1: The International Economy and Globalization 1-1 Globalization of Economic Activity 1-2 Waves of Globalization 1-3 The United States as an Open Economy 1-4 Common Fallacies of International Trade 1-5 Is International Trade an Opportunity or a Threat to Workers? 1-6 Has Globalization Gone Too Far? 1-7 The Plan of This Text Summary Key Concepts and Term...

NRNP 6675/ NRNP6675 Midterm Exam Quiz Bank (2023/ 2024) | Complete Guide| Questions and Verified Answers 1. Which of the following is not consistent with benzo withdrawal? - Answer: B) The best way to proceed with benzo withdrawal is to stop it immediately and tx withdrawal s/s 2. Which of the following is true about the legal practice of the PMHNP? - Answer: D) A&B only A) all have some degrees of prescriptive privileges i...

Since office property leases are usually for a number of years, a manager who doesn't want to get locked in to too-low a rental rate is likely to include a/an: A) noncompete clause B) escalation clause C) pass-through charge D) tenant improvement allowance correct answers B) escalation clause An office building is located in the densest part of the central business district. It has upper-end finishes and state-of-the-art infrastructure, and its primary tenant is the headquarters of a r...

Real Estate- Maine Learning Group Equitable Right of Redemption - correct answer The right of a defaulted borrower to redeem the property after foreclosure proceedings have begun & before the foreclosure sale by paying off the loan balance, plus interest until the day of payoff & costs. Written Policy Manual - correct answer Identifies & describes the types of real estate brokerage relationships in which the broker & affiliated licenses may engage. (Maine requirement) National Association...

Real Estate- Maine Learning Group Study Guide Test 2024. Equitable Right of Redemption - correct answer The right of a defaulted borrower to redeem the property after foreclosure proceedings have begun & before the foreclosure sale by paying off the loan balance, plus interest until the day of payoff & costs. Written Policy Manual - correct answer Identifies & describes the types of real estate brokerage relationships in which the broker & affiliated licenses may engage. (Maine requirement) ...

If contracted laundry services are provided off site: - ANSWER-The use of commercial laundry services is required by the contractor based on Department of Health. For residents with dementia, optimal food choices are best achieved by: - ANSWER-Good screening, proper nutrition and hydration, and pleasant meal times. Information should be added to an ICP: - ANSWER-At a minimum when the resident has a significant change of condition. A resident has the right to participate in social, relig...

Who does a salesperson represent? A. Client B. Customer C. Employing Broker D. Co-operating Broker - Answer-Employing broker when must licensee report criminal conviction - Answer-10 days licensed mortgage loan originators are registered through - Answer-Nation Wide Mortgage Licensing System a clause in real estate transactions allows adjustments of payments up or down - Answer-escalation clause escrow company may disperse commissions directly to salesperson if - Answer-escrow agent ge...