Hypothecation - Study guides, Class notes & Summaries

Mortgage Loans - correct answer-Most common choice for financing real property. Can be conventional or non-conventional Conventional Loan - correct answer-Neither federally insured nor guaranteed Non-conventional Loan - correct answer-Federally insured/guaranteed mortgage loans to encourage ownership (FHA, VA, USDA) Contract for Deed - correct answer-A means by which the seller passes possession but retains title to the property until the total or a substantial portion of the purchase p...

NYREI exam question 2 with correct answers what is fine if seller doesn't give proper condition disclosure before buyer signs sale contract? - CORRECT ️️ $500 seller wants $140,000 on his sale. he must pay $44,500 mortgage and 12,600 closing costs. the commission is 6% what must sale price be? - CORRECT ️️ 140,000+44,500+12,600= 197,100 (answer= 197,100/94%=209.681) which need property condition disclosure statement? - CORRECT ️️ house,condo,constructor foreclosure NYS auth...

MA REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS, GRADED A+ Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - -B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access ...

NATIONAL REAL ESTATE EXAM PRACTICE TEST Answered 100% Correctly 2024 In applying the test of a fixture, which of the following would not be considered: a. The manner of attachment b. The value of the article c. The intent of the parties d. The relationship of the parties - answerb. The value of the article Real property can become personal property by the process known as: a. Attachment b. Severance c. Hypothecation d. Accretion - answerb. Severance Real property includes: a. Land ...

Florida Real Estate Chapter 12 review questions with 100% correct answers This refers to pledging of property as security for payment of a loan without surrendering possession of the property - Correct Answer ️️ -hypothecation What are the 2 instruments involved in a mortgage loan - Correct Answer ️️ - promissory note mortgage The legal instrument that represents the evidence of a debt is known as the - Correct Answer ️️ -promissory note The instrument that pledges the prope...

MA REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS, GRADED A+/ VERIFIED/ Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - -B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No eleva...

Real Estate Finance – Champions Questions and Mortgage - ANSWERSA pledge of real property as security for a debt. Deed of Trust - ANSWERSA three party loan instrument - borrower, lender and trustee. Note, Promissory Note - ANSWERSA personal promise to repay a debt. Mortgagor - ANSWERSBorrower under a mortgage Mortgagee - ANSWERSLender under a mortgage Beneficiary - ANSWERSLender under a deed of trust Trustor - ANSWERSBorrower under a deed of trust Trustee - ANSWERSA third...

NATIONAL REAL ESTATE EXAM PRACTICE TEST Answered 100% Correctly 2024 In applying the test of a fixture, which of the following would not be considered: a. The manner of attachment b. The value of the article c. The intent of the parties d. The relationship of the parties - answerb. The value of the article Real property can become personal property by the process known as: a. Attachment b. Severance c. Hypothecation d. Accretion - answerb. Severance Real property includes: a. Land ...

Mortgage - ANSWER-A pledge of real property as security for a debt. Deed of Trust - ANSWER-A three party loan instrument - borrower, lender and trustee. Note, Promissory Note - ANSWER-A personal promise to repay a debt. Mortgagor - ANSWER-Borrower under a mortgage Mortgagee - ANSWER-Lender under a mortgage Beneficiary - ANSWER-Lender under a deed of trust Trustor - ANSWER-Borrower under a deed of trust Trustee - ANSWER-A third party under a deed of trust who acts as an agent...

Mortgage Loans : Most common choice for financing real property. Can be conventional or non-conventional Conventional Loan : Neither federally insured nor guaranteed Non-conventional Loan : Federally insured/guaranteed mortgage loans to encourage ownership (FHA, VA, USDA) Contract for Deed : A means by which the seller passes possession but retains title to the property until the total or a substantial portion of the purchase price is paid. Installment contract. The two parties here are...