Real estate terminology Study guides, Class notes & Summaries

ACAMS Certification Exam 2023-2024 Questions and Answers Correct C - The USA PATRIOT Act was passed in: A) 1970 B) 1985 C) 2001 D) 2007 D - The three stages of money laundering are: A) Layering, Placement, Refining B) Placement, Refining, Integration C) Refining. Integration, Layering D) Integration, Layering, Placement D - Which of the following would be satisfactory elements of an Anti-Money Laundering Program? I - A CAMS certified employee in the Investiga...

REAL ESTATE TERMINOLOGY 100% Correct Answers | Latest Version (2024/2025) Expert Verified

A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the lender the right to call all sums owing him to be immediately due andpayable upon the happening of a certain event ACCELERATION CLAUSE The right of the owner to everything produced, incorporated or attached thereto naturally or physically to his property ACCE...

REAL ESTATE TERMINOLOGY EXAM QUESTIONS AND ANSWERS A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title - Answer- ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the lender the right to call all sums owing him to be immediately due andpayable upon the happening of a certain event - Answer- ACCELERATION CLAUSE The right of the owner to everything produced, incor...

Real Estate TerminologyAddendum - ANSWER something added, as an attachment to a contract or lease. The part of the lease document that contains custom features of the lease agreement. Synonymous with Rider Amortization - ANSWER a gradual payoff of a debt by periodic installments over a specified period of time. Loan Amendment - ANSWER a change made to a contract or lease Anchor Tenant - ANSWER the largest tenant in an office building or strip center. Synonymous with cornerstone tena...

REAL ESTATE TERMINOLOGY EXAM QUESTIONS WITH CORRECT ANSWERS 2024( A+ GRADED 100% VERIFIED).

REAL ESTATE TERMINOLOGY GUIDE |UPDATED| #Revised Exam Prep A summary of digest of the conveyance, transfer and any other facts elide on as evidence of title, together with any other elements of record which may impair the title *Ans* ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the lender the right to call all sums owing him to be immediately due and payable upon the happening of a certain event *Ans* ACCELERATION CLAUSE The right of the owner to everything produced...

REAL ESTATE TERMINOLOGY EXAM 2024 Updated A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title - Answer -ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the lender the right to call all sums owing him to be immediately due andpayable upon the happening of a certain event - Answer -ACCELERATION CLAUSE The right of the owner to everything produced, incorporated or a...

REAL ESTATE TERMINOLOGY EXAM QUESTIONS AND ANSWERS A summary of digest of the conveyance, transfer and any othe facts elide on as evidence of title, together with any other elements of record which may impair the title - Answer- ABSTRACT OF TITLE A clause in a trust deed or mortgage giving the lender the right to call all sums owing him to be immediately due andpayable upon the happening of a certain event - Answer- ACCELERATION CLAUSE The right of the owner to everything produced, incor...

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