Probate estate Study guides, Class notes & Summaries

Escrow Exam Questions and Answers 100% Pass Principle meridian - Correct Answer ️️ -The north-south lines separating townships 5 ways to acquire property - Correct Answer ️️ -Occupancy Accession Transfer Will Succession Escrow agent - Correct Answer ️️ -any person engaged in the business of receiving escrows for deposit or delivery Metes and bounds - Correct Answer ️️ -A method of land description which involves identifying distances and directions and makes use of both...

Hawaii Real Estate Exam State Only (2022/2023) Already Graded A Land ownership documents are recorded in the public record at Bureau of Conveyances in Honolulu The land classification containing the smallest amount of land state-wide is Rural A division of land extending from the top of the mountain to the ocean is called Ahupua'a A husband or wife may claim a 1/3 elective share of the other's estate at the decedent's death under what code? Under Hawaii's Uniform Probate Code for properti...

Hawaii Real Estate Exam State Only (2022/2023) Already Graded A Land ownership documents are recorded in the public record at Bureau of Conveyances in Honolulu The land classification containing the smallest amount of land state-wide is Rural A division of land extending from the top of the mountain to the ocean is called Ahupua'a A husband or wife may claim a 1/3 elective share of the other's estate at the decedent's death under what code? Under Hawaii's Uniform Probate Code for properti...

National USPAP Course Exam The Appraisal Foundation has the authority to enforce the requirements of USPAP. - Correct answer-False Currently, the boards within the Appraisal Foundation include: - Correct answerAppraisal Standards Board, Appraisal Qualifications Board, Board of Trustees Which Foundation board is responsible for USPAP? - Correct answer-Appraisal Standards Board Qualification criteria for appraiser certification and recertification are disseminated to state appraisal boards ...

ASREB Exam Practice Questions and Answers types of loans - Correct Answer ️️ -FHA loan, Conventional loan, VA loan FHA loan - Correct Answer ️️ -MIP (Mortgage Insurance Premium) Two types (Upfront and Monthly) Conventional loan - Correct Answer ️️ -PMI (Private Mortgage Insurance) Drops off automatically at 78% loan to value (LTV) Ask for removal at 80% loan to value VA Loan - Correct Answer ️️ -Funding Fee based on value USDA loan - Correct Answer ️️ -loan is zero do...

Humber Real Estate - Course 2, Module 15, Introducing a Residential Agreement of Purchase and Sale Already Passed What is considered the 'Offer Date'? When an offer is drafted, not signed. Does the date of an offer change? No. Even if terms are changed on a following day and the offer is re-submitted, the offer date remains the same. What are the minimum requirements of using a legal name for a seller or buyer when drafting an offer? Use the full legal names, and if the individual has one or...

What are the two key elements of successful auctioneering? correct answers Education and product knowledge An auctioneer as a profession can be defined as a: correct answers Marketing specialist What are the aspects of managing an auction business? (4 things) correct answers 1) PLANNING 2) ORGANIZING (put plan into action) 3) MOTIVATING (people to execute the plan) 4)CONTROLLING (measuring the results) What is the best source of leads for estate auctions? correct answers Attorneys a...

What rights to property come with ownership? : Control; Disposition; Quiet enjoyment; Encumber; Exclude; Possession. What form of ownership allows title to a deceased spouse's property to pass to the surviving spouse without probate? : Survivorship marital property. A special form of joint tenancy with right of survivorship. Just for married people. What are some examples of encumbrances? : Easement; Liens; Encroachments; Property taxes and Special assessments. What type of interest i...

California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...

Escrow Exam Questions And Answers (Verified And Updated) Principle meridian - answerThe north-south lines separating townships 5 ways to acquire property - answerOccupancy Accession Transfer Will Succession Escrow agent - answerany person engaged in the business of receiving escrows for deposit or delivery Metes and bounds - answerA method of land description which involves identifying distances and directions and makes use of both the physical boundaries and measurements of the land...