Mortgage law - Study guides, Class notes & Summaries
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RECA Fundamentals of Mortgage Brokerage 2023 Exam
- Exam (elaborations) • 41 pages • 2023
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Which of the following is part of RECA's commitment to consumer protection? - AnswerWhat are some benefits that mortgage brokerage trade associations offer their 
members? - Answer- Licensing Standards for mortgage industry members 
Which entity has the authority to amend the Act? - Answer- Provincial Legislators 
Which of the following represents an accountability mechanism that RECA must comply 
with under the Act? - Answer- Previous Fiscal year 
In addition to mortgage brokerage trade associ...
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MRL3701 EXAM PACK 2024
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MRL3701 
INSOLVENCY LAW 
PAST EXAM PACK QUESTIONS AND ANSWERS 
SUMMARISED NOTES 
S - The study-notes marketplace 
MRL 3701 
OCTOBER/NOVEMBER 2018 
QUESTION 1 
a) Inability to pay debts is, at most merely evidence of insolvency. (page 3) 
b) Brenda’s application for voluntary surrender must be set out the causes of her 
insolvency in some detail to enable the court to determine whether the 
application is ......................... 
c) Christopher commits an act of insolvency by depar...
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Colorado Real Estate Exam: Questions & Answers: Guaranteed A+ Score : Latest Updated
- Exam (elaborations) • 21 pages • 2024
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Duties of the Colorado Real Estate Commission include all of the following EXCEPT 
A) Investigation of verified written complaints. 
B) Approving errors and omissions carriers. 
C) Creating the Annual Commission Update course each year. 
D) Hearing disputes between brokers. 
(Ans- D) Hearing disputed between brokers. 
 
A buyer in a closed transaction has filed a complaint with the Colorado Real Estate Commission, claiming the buyer's agent misrepresented the property. The Commission, in respo...
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Ethics - LLQP exam(answered graded a+)
- Exam (elaborations) • 13 pages • 2023
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iana is a new life insurance agent and is studying the requirements for ascertaining the clientâs identity 
under the Proceeds of Crime (Money Laundering) and Terrorist Financing Actand Financial Transactions 
and Reports Analysis Centre of Canada (FINTRAC) guideline 6A. 
For which of the following products must agents ascertain the clientâs identity? 
1. Immediate annuity and deferred annuity 
2. Exempt life insurance policy and TFSA 
3. Deferred annuity and exempt life insurance policy 
4. D...
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LAH3701 Assignment 1 (QUALITY ANSWERS) Semester 1 2024.
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This document contains workings, explanations and solutions to the LAH3701 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4...... Question 1 [LAND ISSUES AND PRINCIPLES] 
Complete the following sentences by filling in the missing words: 
a) _________________ is a form of land tenure that is not of a permanent nature and whereby land is occupied in terms of a contract of lease. [1] 
b) ____________________ entailed the occupation of property for a...
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Test Bank for Business Law and the Legal Environment, Version 3.0 by Don Mayer
- Exam (elaborations) • 531 pages • 2023
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Test Bank for Business Law and the Legal Environment Version 3.0 by Don Mayer, Daniel Warner, George Siedel, and Jethro K. Lieberman. Full Chapters test bank are included - Chapter 1 to 53 
 
Chapter 1: Introduction to Law and Legal Systems 
1.1 What Is Law? 
1.2 Schools of Legal Thought 
1.3 Basic Concepts and Categories of U.S. Law 
1.4 Who Makes the Law 
1.5 Legal and Political Systems of the World 
1.6 A Sample Case 
1.7 Summary and Exercises 
Chapter 2: Introduction to Corporate Social Resp...
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Principles of Real Estate 1- Champions School of Real Estate Exam 2023/2024 Graded A+
- Exam (elaborations) • 11 pages • 2023
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a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of 
A.) scarcity 
B.) Fixity 
C.) Situs 
D.) Modification - Correct Answer D.) Modification 
 
The supply of Real Estate is affected by 
A.) Land cost 
B.) Building codes 
C.) Government regulations 
D.) All of these - Correct Answer D.) All of these 
 
The least important factor affecting demand for real esta...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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NYS Real Estate Exam 2024
- Exam (elaborations) • 27 pages • 2024
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NYS Real Estate Exam 2024 
Which of the following is considered a fixed operating expense? utilities, cleaning expenses, 
insurance premiums, management fees. - Answer ️️ -Insurance Premiums 
What is overage rent? - Answer ️️ -Rent calculated on a percentage of sales volume 
what is the amount a buyer owes at closing equal to? - Answer ️️ -The excess of the buyers 
debits over the buyers credits 
real estate agents are typically what kind of agent - Answer ️️ -special agent 
what...
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Dubai RERA Broker Exam Questions with Correct Answers Graded A+
- Exam (elaborations) • 8 pages • 2023
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Dubai RERA Broker Exam Questions with Correct Answers Graded A+ 
 
Which law applies to 
Land Registration & Ownership (Role of DLD) Law No. 7/2006 
 
Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) Regulation No. 3 of 2006 
 
Which law applies to 
Regulation of Real Estate Brokers Law No. 85/2006 
 
Which law applies to 
Establishment of RERA Law No. 16/2007 
 
Which law applies to 
Escrow Accounts Law No. 8/2007 
 
Which law applies to 
Tenancy Law Law N...
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