Ca escrow - Study guides, Class notes & Summaries

ESCROW FINAL REVIEW Exam Questions And Answers (Verified And Updated) 50 When a buyer assumes an existing loan, he or she signs: - answerB. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - answerNotice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - answerDeclaration of homestead 53 Which of the following is a reference point in...

ESCROW FINAL REVIEW QUESTIONS AND ANSWERS 100% PASS 50 When a buyer assumes an existing loan, he or she signs: - Correct Answer ️️ -B. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - Correct Answer ️️ -Notice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - Correct Answer ️️ -Declaration of homestead 53 Which of the ...

ESCROW FINAL REVIEW EXAM QUESTIONS & ANSWERS 2023/2024 50 When a buyer assumes an existing loan, he or she signs: - ANSWER-B. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - ANSWER-Notice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - ANSWER-Declaration of homestead 53 Which of the following is a reference point in CA - ...

CA Real Estate Exam 2024 Guaranteed Success A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage: 197; When rent is computed on the gross sales of a business occupying real property, th...

Legal Aspects of Real Estate Chapter 7 Questions and Answers Already Passed In a CAR Buyer Representation Agreement, who agrees to pay for reports, inspections, and meetings arranged by the broker on the buyer's behalf? The broker The buyer The seller The lender The buyer What provision, in an independent contractor agreement, states that the broker and licensee will comply with all Federal and State Fair Housing laws? Compensation Non-employment Federal Tax Purposes Regulatory complian...

Which of the following is most vital or important in planning a subdivision: - Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - Percentage Lease What is not an adequate method of transferring property? - Executive Sale What is considered personal property? - Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value of the property if a 10% return i...

ESCROW FINAL REVIEW Exam Questions And Answers (Verified And Updated) 50 When a buyer assumes an existing loan, he or she signs: - answerB. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - answerNotice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - answerDeclaration of homestead 53 Which of the following is a reference point in...

50 When a buyer assumes an existing loan, he or she signs: - Answer-B. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - Answer-Notice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - Answer-Declaration of homestead 53 Which of the following is a reference point in CA - Answer-All of the above. 54 The right of a landowner to use th...

2024 5 HOUR CALIFORNIA TAX LAW LATEST UPDATE 100% PASS In an effort to improve the earthquake safety of his home, Perry Powell spends $500 to anchor the water heater in his basement. He receives a $250 rebate from the California Residential Mitigation Program that was taxable on his Federal income tax return. Perry can exclude what amount of the rebate from his income on his California state income tax return? $250 Which of the following statements is not true regarding estimated tax payments?...

A ABC INSURANCE -ANSWER JOHN IS THE AGENT FOR ABC INSURANCE AND JANE IS THE INSURED. WHO IS THE PRINCIPAL IN THIS AGENCY RELATIONSHIP? A ABC INSURANCE B JOHN C JANE D NONE D ADMITTED -ANSWER A(N) ________ INSURER IS AUTHORIZED TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE. A DOMESTIC B NON-ADMITTED C FOREIGN D ADMITTED B A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON BEHALF OF AN INSURED -ANSWER WHICH OF THE FOLLOWING IS CLASSIFIED AS AN INSURANCE BROKER? A A PERSO...