Bob brooks - Study guides, Class notes & Summaries

Contracts Bob Brooks Section 1 Exam Questions And Correct Answers...

Finance - Review Exam (Bob Brooks) Questions and Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - Answer- b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - Answer- a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

Finance - Review Exam (Bob Brooks) Questions and Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - Answer- b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - Answer- a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

Finance - Review Exam (Bob Brooks) Questions and Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - Answer- b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - Answer- a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours - ANSWER-b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase price c. acknowledged d. be free of all liens - ANSWER-c. acknowledg...

When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours - correct answer-b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase price c. acknowledged d. be free of all liens - correct answ...

FINAL EXAM (Bob Brooks) 2024 Actual Questions and Correct Answers Solved 100%. When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grantee b. recite the actual purchase...

State Practice Exam- 1 (Bob Brooks) With complete solutions Using an operating account to pay both bills and commissions due to agents is called "commingling". True False - answerFalse A licensee is permitted to accept a commission or valuable consideration from: a. An agent with another firm b. Their sponsoring broker c. Both of the above d. Neither of the above - answerb. Their sponsoring broker Broker Mary Jones deposits $500.00 of a client's deposit money into her personal acco...

Finance - Review Exam (Bob Brooks) With 100% Correct Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - answerb. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - answera. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

Finance Bob Brooks Section 3 Exam Questions And Accurate Answers...