Hud practice exam 2024 Study guides, Class notes & Summaries

EPA Lead Risk Assessor Final Exam 2024.EPA 40 CFR Part 745 - ANSWER LBP Poisoning Prevention in certain residential structures What does EPA 40 CFR Part 745 contain? - ANSWER -defines LBP hazard and other related terms -training, accreditation, work practice standards -applicable to target housing and child occupied facilities -renovation safe work practices -recordkeeping/reporting requirements -LPB disclosure to buyers/renters -pre reqs for becoming certified -regulatory levels for d...

NMLS S.A.F.E Exam Practice Questions and Answers Fully solved 2024 Enhancing protection and reducing fraud by directing states to adopt minimum uniform standards for the licensing and registration of residential mortgage loan originators was the purpose of the federal act known as the: a. S.A.F.E. Act b. Federal Trade Act c. Consumer Financial Protection Act d. Dodd-Frank Act a. S.A.F.E. Act Loan processors and underwriters may not: a. Communicate with consumers to obtain infor...

HUD Practice Exam Questions and Answers 2024

HUD Housing Counselor Certification Practice Exam Questions & Answers 2023/2024 What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER-50% Which is the maximum recommended housing ratio for renting an apartment? - ANSWER-30% Eligibility requirements for down-payment assistance programs include which factors? - ANSWER-Income, home-buyer education, purchase price The client is considering an FHA mortgage. What is th...

HUD Certification Exam Questions And Answers 2024 | Graded A+ Deed Restrictions - ️️ -Legally enforceable terms that govern the use of real estate Redlining - ️️ -The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 - ️️ -Following the assassination of Dr. Martin Luther King Jr.,...

Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 Graded A+. grant deed - ANSWER deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - ANSWER One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - ANSWER any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authori...

Final Exam TN Real Estate Course Questions 2024 A Tennessee licensee must use the "Exclusive Right to Sell" form required by the licensee's broker. According to the level of authority delegated to the agent, the usual real estate agency is a limited agency. When must the contract be in writing? John is agreeing to sell his shed to Shawn for $1,000. One disadvantage in using active listings for comparables is they provide somewhat dubious comparisons because listing prices are not se...

HUD Housing Counselor Exam Questions with complete solution 2024 What act are limited english proficiency persons protected under? - correct answer title VI of the civil rights act of 1964 Which act was passed in 1866? - correct answer the civil rights act of 1866 What did the civil rights act of 1866 bill declare? - correct answer "all persons born in the United States (except American Indians) were herby declared to be citizens of the United States" What supreme court case...

Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 | Graded. grant deed - ANSWER deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - ANSWER One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - ANSWER any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authoriz...

HUD HC Module 3 - Fair Housing Exam Questions & Answers 2023/2024 Which describes the legally enforceable terms that govern the use of real estate? - Residential security restrictions - Deed restrictions - Redlined Maps - Government-sponsored deeds - ANSWER-Deed Restrictions Which is the practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status...