Nate exam 2 - Study guides, Class notes & Summaries

National Real Estate Exam 2024 Questions and Answers Already Passed When payments are made on amortized mortgage loans, the debt service includes Payment of principal, interest, taxes, and insurance on the mortgaged property A couple bought their first home, quantifying for a 30-year loan. The lender required regular, equal payments of sufficient size and number to pay all interest due on the loan and reduce the amount owed to zero by the loan's maturity date.This is most likely A ful...

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In HVACR terms, what is a feature? - correct answer A special characteristic of a product. In HVACR terms, what is a benefit? - correct answer The value the customer receives from using the feature What type of temperature is often used by customers when discussing human comfort? - correct answer Dry bulb What is an honest person? - correct answer A person who is free from fraud or deception, credible, and is marked with integrity. An honest person is fair in their dealings with other p...

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PSI NATIONAL REAL ESTATE EXAM LATEST ACTUAL EXAM WITH 200+ QUESTIONS AND CORRECT ANSWERS WITH RATIONALES ALREADY GRADED A+ (BRAND NEW!!) A landlord with a strict "no pets" policy won't rent to a woman who uses a service animal to assist with her epilepsy. Which of the following is a true statement about this situation? -This is discrimination based on disability. -This is discrimination based on familial status. -This isn't discriminatory because service animals are restricted to ...

PSI NATIONAL REAL ESTATE EXAM LATEST TEST BANK EXAM WITH 500+ QUESTIONS AND CORRECT ANSWERS WITH RATIONALES ALREADY GRADED A+ (BRAND NEW!!) A buyer is getting a fully amortized loan for $220,000. The bank will give the buyer the loan for 15 years at 5 1/2% or for 30 years at 6 1/2%. To the nearest cent, what is the difference between the monthly payments for these two loans? (BE SURE TO USE THE AMORTIZATION TABLE.) - ANSWER-$409.20. A borrower has defaulted on the mortgage. The mortgag...

B) SW¼ of the SE¼ of the NW¼ and the N½ of the NE¼ of the SW¼ C) S½ of the SW¼ of the NE¼ and the NE¼ of the NW¼ of the SE¼ D) SW¼ of the NE¼ and the N½ of the SE¼ of the SW¼ - answerThe answer is the N½ of the NE¼ of the SW¼ and the SE¼ of the NW¼. The location and size of a property can be determined using the rectangular survey system. A method of property description using monuments, distances, and compass directions is A) the plat map. B) the lot and block ...

What is Rule F? - Answer Requires that brokers use approved forms when applicable Keeps brokers in compliance with the Conway-Bogue decision What is Rule F-1? - Answer Permitted and prohibited forms modifications - Brokers may not alter the standard language as approved *Brokers may add information identifying the brokerage firm when the forms are printed

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