Mortgagor - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Mortgagor? On this page you'll find 856 study documents about Mortgagor.
Page 4 out of 856 results
Sort by
-
Loan Signing & Real Estate Definition Flash Cards rated A+
- Exam (elaborations) • 31 pages • 2023
-
- $12.99
- + learn more
Borrower (Mortgagor) - correct answer An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. 
Title - correct answer Title is the document that gives evidence of ownershipof a property. Also indicates the rights ofownership and possession of the property. Individualswho will have legal ownership in theproperty are considered "on title" and will sign themortgage and other documentation 
Refinancing - co...
-
Real Estate Finance and Investments 15th Edition By Brueggeman - Test Bank
- Exam (elaborations) • 116 pages • 2023
-
- $23.64
- 1x sold
- + learn more
CHAPTER 3 
Mortgage Loan Foundations: The Time Value of Money 
 
TRUE/FALSE 
 
1.	In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 
 
2.	One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 
 
3.	At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 
 
4.	The future value of $800 deposited ...
-
AMP Real Estate Exam – Finance (A+ Guaranteed)
- Exam (elaborations) • 41 pages • 2023
-
Available in package deal
-
- $14.69
- + learn more
Promissory Note correct answers A written agreement to repay a debt 
 
Who is the maker of the note in a promissory note? correct answers The debtor 
 
Who is the payee of the note in a promissory note? correct answers The creditor 
 
Who is a holder in due course? correct answers One who gets payments 
 
Who is the mortgagor? correct answers Borrower 
 
Who is the mortgagee? correct answers Lender 
 
In Alabama, who has the title until the debt is paid? correct answers The mortgagee 
 
Deed of ...
-
BUS 250 Test 1 || with 100% Error-free Solutions.
- Exam (elaborations) • 28 pages • 2024
-
Available in package deal
-
- $13.39
- + learn more
What are examples of real property? correct answers Vacant parking lot 
Kitchen Faucet 
Field of crops 
Shed 
 
Tenancy by entirety correct answers No independent right to convey; interest passes to spouse upon death 
 
Tenancy in common correct answers May convey to third party; interest passes to heirs upon death 
 
Joint tenancy correct answers May convey to third party during life; interest passes to other tenants upon death 
 
When partitioning property, courts will first seek to sell the ...
-
Colorado Real Estate Exam Prep (2023/2024) (Certified Solutions)
- Exam (elaborations) • 23 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
Colorado Real Estate Exam Prep (2023/2024) (Certified Solutions) Title Theory lender owns, borrower has equitable title 
Hypothecation pledging property as collateral for a loan without giving up possession 
Mortgagee Lender 
Mortgagor borrower 
Non Judicial foreclosure *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days 
Strict foreclosure No sale. Full legal title given to lender, loss of equity for borrower 
Judicial foreclosure done t...
As you read this, a fellow student has made another $4.70
-
Colorado Real Estate Exam Unit 12- 9% Residential Mortgages Practice Questions and Answers
- Exam (elaborations) • 9 pages • 2024
-
Available in package deal
-
- $11.00
- + learn more
What method of settling a default involves a conveyance of title to the lender? - deed in lieu of foreclosure 
A way for the mortgagor (borrower) to avoid foreclosure. The borrower who is in default under the terms of the mortgage gives a deed to the lender - a deed in lieu of foreclosure 
When a promissory note is executed, it becomes - evidence of the debt 
The legal instrument that represents the primary evidence of a debt - promissory note 
A mortgage clause (in title theory states) that pro...
-
Gold Coast Real Estate Homework Chapter 12 100% SOLUTION 2023//2024
- Exam (elaborations) • 13 pages • 2023
- Available in package deal
-
- $10.99
- + learn more
Gold Coast Real Estate 
Homework Chapter 12 
100% SOLUTION 
2023//2024 
Which legal instrument evidences the debt and states the interest rate, term, payment 
requirement, and other information related to the loan? 
(a) Promissory note 
(b) Contract 
(c) Lien 
(d) Mortgage - ANSWER (a) Promissory note 
What is the function of a mortgage? 
(a) It conveys title to real property. 
(b) It secures the repayment of the debt. 
(c) It creates a personal pledge to repay a loan. 
(d) It creates a lien ...
-
FRM 2 Question and answers correctly solved 2024/2025
- Exam (elaborations) • 30 pages • 2024
-
Available in package deal
-
- $13.99
- + learn more
FRM 2 Question and answers correctly solved 2024/2025 FRM 2 
 
Netting Factor - correct answer sqrt(n + n (n - 1) p) / n 
 
Ho-Lee Model - correct answer dr = lambda(t)*dt + sigma*dw 
 
Vasicek Model - correct answer dr = k*(theta - r)*dt + sigma*dw 
 
Half-life = ln(2)/k 
 
Cox-Ingersoll-Ross Model (CIR) - correct answer dr = k*(theta - r)*dt + sigma*sqrt(r)*dw 
 
Friction 1: Mortgagor and Originator - correct answer The borrower may not even be aware of the financing options availa...
-
NYREI Terms Exam Questions and Answers
- Exam (elaborations) • 25 pages • 2023
- Available in package deal
-
- $12.49
- + learn more
NYREI Terms Exam Questions and Answers 
Accession - CORRECT ️️ Gives property owners the right to everything 
produced by their land 
Accessory Apartment - CORRECT ️️ an apartment within a single family 
dwelling 
Accord and Satisfaction - CORRECT ️️ an agreement to accept something 
different (usually less) from what the original contract required 
Accretion - CORRECT ️️ the gradual addition of land by the forces of nature 
actionable fraud - CORRECT ️️ fraud meeting certain...
-
WASHINGTON STATE MANAGING BROKER EXAM QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.| latest update 2024/25|
- Exam (elaborations) • 21 pages • 2024
-
- $9.49
- + learn more
WASHINGTON STATE MANAGING BROKER EXAM QUESTIONS AND 
ANSWERS, GRADED A+/ VERIFIED. 
At what point has listing agent earned a commission? - -When a ready, willing, and able buyer is 
found. If the seller backs out after accepting the offer, even if the buyer agrees to a rescission, the 
commission is still due. 
At closing, a sale doesn't go through because the seller's anticipated transfer to another city gets suddenly 
postponed, and the seller no longer wants to sell. Does the seller owe...
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia