Who gives the notary - Study guides, Class notes & Summaries

Louisiana Notary Terms Exam Questions and Answers Partition: - Answer- The division of property owned in common into district physical shares. Abstract: - Answer- A history of the title to property as revealed by the public records. Acceleration Clause: - Answer- Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of certain event, such as failure to pay an installment by a certain date, change of ownership without...

2024 Louisiana Notary Exam Part 1 "per aversionem" ️When property is described from boundary to boundary Absolute Nullity ️A contract that violates a rule of public order Absolute Nullity ️A contract that violates a rule of public order Absolute Simulation ️When the parties intend that their contract shall produce no effects between them. That simulation, therefore, can have no effects between the parties Abstract ️A history of the title to property as revealed by the pub...

Louisiana Notary Terms Exam Questions and Answers Partition: - Answer- The division of property owned in common into district physical shares. Abstract: - Answer- A history of the title to property as revealed by the public records. Acceleration Clause: - Answer- Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of certain event, such as failure to pay an installment by a certain date, change of ownership without...

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...

Ohio Notary Public License Test || All Questions & All Verified Answers (Rated A+) Ohio Notary Public License Test || All Questions & All Verified Answers (Rated A+) What to do when payers are used outside of the state? - ANSWER - An authentication is usaually required, merely a declaration by the clerk of common pleas court that a notary is properly commissioned under law at the time of notarizing the instrument. What to do if name is changed? - ANSWER - If by marriage or by other choice...

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

Florida Real Estate Vocabulary Questions and Answers 100% Pass Assignor - Correct Answer ️️ -A person who transfers a legal right to another Grantor - Correct Answer ️️ -Party giving the deed that conveys title Grantee - Correct Answer ️️ -Party receiving the deed and acquiring the title Lessor - Correct Answer ️️ -Landlord who gives lease Lessee - Correct Answer ️️ -Tenant who receives lease Lienor - Correct Answer ️️ -Person who has a claim on another's propert ...

Definition: Acknowledgment - ️️a notarial act in which a notary certifies that a signer, whose identity is personally known to the notary or proven on the basis of satisfactory evidence, has admitted, in the presence of the notary, to voluntarily signing a document for the document's stated purpose. Definition: Commission - ️️(a) to empower to perform notarial acts; or (b) the written document that gives authority to perform notarial acts, including the Certificate of Authority of N...

Indiana Notary Public Cert. Test Questions and Answers 100% Verified Indiana Notary Public Cert. Test Questions and Answers 100% Verified Definition: Acknowledgment - ANSWER - a notarial act in which a notary certifies that a signer, whose identity is personally known to the notary or proven on the basis of satisfactory evidence, has admitted, in the presence of the notary, to voluntarily signing a document for the document's stated purpose. Definition: Commission - ANSWER - (a) to empow...

Notary Practice Test 1 Already Graded A+ A notary public who is guilty of malfeasance or fraudulent practice in the execution of a duty prescribed by law is: A. liable for a fine of $100 B. liable for a fine of $500 C. Liable for a fine of $1500 D. Liable in damages to the person injured ️Liable in damages to the person injured . If a party violates the provisions of Judiciary Law 67 (Fees of Public Officers) he is liable to the person aggrieved ________. A. for damages plus $300 B. ...