Real Estate Study guides, Class notes & Summaries

ALABAMA REAL ESTATE FINAL EXAM STUDY GUIDE - 60 HOUR COURSE ACTUAL QUESTIONS AND ANSWERS 2024/2025 SOLVED 100%

Hypothesis Testing for Regional Real Estate Company Darrellyn Mendez Southern New Hampshire University

Real Estate Montana final exam solution personal property that, by its attachment to real property, is regarded as real estate is called - a fixture An object that is affixed to commercial property and used to generate income is called a - trade fixture

A fee simple absolute estate would be best defined as The highest interest a person can have in real property Of the following, which define a fee simple estate The most interest one can hold in land An estate is a granted to "A" for the life of "X". "A" dies while "X" is still living the estate is Vests in the heirs or devisees of "A" Tyson owns a store building which he leased to Crown for seven years. Crowns estate in store building is Personal Property, Estate for year...

Rockwell Exam Real Estate Classes WA Final Exam Questions and Answers A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed --*correct answer*--b. bill of sale Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will designate...

if you are holding undeveloped land, your goal as an investment is: : appreciation land is referred to as _____ because it can be seen touched : tangible Formaldehyde gas is: : Colorless Local governments can use which of the following to enforce subdivision requirements? : Police Power The time limitation on deed restrictions is typically __________ due to changes that render the original restriction irrelevant. : 25-35 years 2 Which of the following is a rating used for investmen...

Loan processing : The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision Underwriting : The process of evaluating a borrowers loan application to determine the risk involved for the lender Funding : The process of transferring funds to a title or escrow company for disbursement Servicing : Sending monthly payment statements and collecting monthly payments maintaining payment records and following up on ...

Origination : The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower Credit reports will be ordered, in most cases from all three major national credit reporting agencies: : Experian, Equifax, and TransUnion Not all creditors will report to all three, they will : Each reporting agency will report a different credit score for the borrower Underwriting : The detailed process of evaluating a borrower's loan application to deter...

working definition of injury: : damage caused by physical trauma sustained by tissues of the body what results from joint or other anatomical structure damage? : normal biomechanical function is compromised. acute or chronic injury Adaptive changes that occur that alter the manner in which various forces collectively act upon that joint to produce motion, are referred to as what? : pathomechanics of injury Biomechanics of joint motion are changed as a result of? : injury what must an A...

The minimum downpayment on a VA loan is: (a) 2% of the sales price (b) 0% of the sales price (c) 3.75% of the sales price (d) 1% of the sales price : B _________ is the process of creating a new mortgage loan. (a) Origination (b) Funding 2 (c) Underwriting (d) Servicing * : A A veteran can have more than one VA loan: (a) If the prior VA loan was paid in full and the property disposed of (b) The prior VA loan was assumed by an eligible veteran who substituted their entitlement (c...