Usury most nearly means - Study guides, Class notes & Summaries

Usury MOST nearly means - ANSWER A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - ANSWER usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by pe...

MD Real Estate PSI National Exam 1 Question and answers rated A+ 2024MD Real Estate PSI National Exam 1 Usury MOST nearly means - correct answer A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - correct answer usurious and illegal. Which of the following desc...

Usury MOST nearly means - Answer A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - Answer usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by pe...

Usury MOST nearly means - A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by periodic installm...

Usury MOST nearly means - A: illegal interest. Each state sets its own ceiling for the maximum interest rate lenders may charge. Rates above that ceiling are considered ________ and ______. No reputable lender exceeds those rates and those that make a practice of it are commonly known as loan sharks. - usurious and illegal. Which of the following describes a mortgage that requires principal and interest payments at regular intervals and is called the liquidation of debt by periodic installm...

A real estate licensee has a buyer agency agreement. What is the seller in this situation? - correct answer customer An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - correct answer He must exercise his option under the terms of the option contract When can a landlord evict a disabled...

Real Estate Final Exam Questions With Solutions Latest Updated Graded A+. A buyer bought a property without telling the seller of his intended purpose for the property. The contract contains no contingency clauses and it is a properly executed contract. After the closing, the buyer is unable to obtain the zoning he needs for his commercial project. What is the contract at this stage? Enforceable 6. The seller and the buyer finally agreed to a purchase price of $203,500 with the closing to ...

Real Estate Final Exam (150 Questions ) #1 Exam Questions And Answers A real estate licensee has a buyer agency agreement. What is the seller in this situation? - ANS A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - ANS He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the...

Real Estate Final Exam Questions With Complete Solutions Latest 2024 (GRADED) A real estate licensee has a buyer agency agreement. What is the seller in this situation? A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? If...

Real Estate Final Exam Questions With Complete Solutions Updated O(GRADED 100%). An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? If the tenant has loud parties, makes too much noise, and is constantly disturbing other tenants 4. B...