An acceleration clause - Study guides, Class notes & Summaries
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Colibri Real Estate (Missouri) Questions and Answers Graded A+
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Colibri Real Estate (Missouri) Questions and Answers Graded A+ 
Abandonment 
Non-payment of taxes 
 
 
 
Absolute Auction 
An auction where the property is sold to the highest qualified bidder; there is no minimum bid or reserve or right of confirmation. Also called Without Reserve. 
 
 
 
 
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Abstract of Title 
A brief, chronological summary of the recorded documents affect...
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FIN 3306: Exam 3 (Test Questions) guided with complete solution & verified answers 2024/25 update
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The element of an adjustable interest rate that is the "moving part" is the: 
A. Teaser rate 
B. Index 
C. Margin 
D. Adjustment period - correct answer B. Index 
Which of these aspects of a mortgage loan will be addressed in the note rather 
than in the mortgage? 
A. Late fee 
B. Escrow requirements 
C. Takings 
D. Acceleration 
E. Maintenance of property - correct answer A. late fee 
A lender may reserve the right to require prepayment of a loan at any time they 
see fit through a: 
A. T...
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ASREB Practice Exam Questions with Verified Answers
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ASREB Practice Exam Questions with 
 
Verified Answers 
 
A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 b. $75,141 
 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not c. gives no indication that the 
property is listed with a broker 
 
A borrower is required t...
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ASREB Practice Exam Questions and Answers with complete solution
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A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? 
a. $37,570 
b. $75,141 
c. $76,230 
d. $78,712 - Answer-b. $75,141 
A blind ad refers to an ad that 
a. provides no price 
b. provides no address 
c. gives no indication that the property is listed with a broker 
d. gives no indication that the property has been sold or not - Answer-c. gives no indication that the 
property is listed with a broker 
A borrower is required to put 10% down for the purchase of a propert...
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NJ Life Producer Exam Correct answers latest update
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NJ Life Producer Exam Correct answers latest update 
Which of the following amounts must decrease in a decreasing term? 
Death benefit 
 
 
In life insurance, insurable interest must exist at the time the.. 
Producer writes an on a proposed insured 
 
 
An applicant makes an offer to the insurer when they 
pay an initial premium with the application 
 
 
Which of the following makes Universal Life insurance different from other forms of permanent insurance? 
Premium Schedule 
 
 
An insurer that...
Too much month left at the end of the money?
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Louisiana notary exam vocabulary 2024 Latest Update
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abstract - ANSWER An abstract is a history of the title to property as revealed by the public records 
 
Acceleration Clause (in a mortgage) - ANSWER Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the leaders consent, destruction of the property, or other event which endangers the security of the loan. 
 
accession...
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GA MLS Real Estate Practical Final Exam Latest Update with Verified Solutions
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GA MLS Real Estate Practical Final 
Exam Latest Update with Verified 
 
Solutions 
 
"Assume and Agree" to Pay Assuming borrower defaults payment, the bank will go to 
assuming borrower for the payment 
If the bank cannot collect from the assuming borrower, they will go to the original borrower 
 
"Subject to" Existing Mortgage Assuming borrower will give/pay the seller equity upfront 
If assuming borrower fails payment, original borrower liable 
 
Acceleration Clause The clause un a mortgag...
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Louisiana Notary Exam Vocabulary 2024 with Complete Solutions!!
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abstract - ANSWER-An abstract is a history of the title to property as revealed by the public records 
 
Acceleration Clause (in a mortgage) - ANSWER-Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the leaders consent, destruction of the property, or other event which endangers the security of the loan. 
 
accession...
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Real Estate- Maine Learning Group Study Guide Test 2024.
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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) ...
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Oklahoma Real Estate Latest Version Rated A+
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Oklahoma Real Estate Latest Version 
 
Rated A+ 
 
Abrogate To abolish in a public manner or end something when formal steps are needed 
 
Abstract of Title A summary or copy of all transfers, conveyances, legal proceedings, and 
any other facts relied on as evidence of title, showing continuity of ownership, together with any 
other elements of record which may impair title. 
 
Abutting The joining, reaching or touching of adjoining land, Abutting parcels of land have a 
common boundary. 
 
acc...
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