Proper borrowing - Study guides, Class notes & Summaries

NYREI Exam Prep Questions with Correct Answers A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - Answer-Periodic tenancy Physical land and everything attached to it is called - Answer-Real Estate Equipment a tenant installs for use in his or her business is called - Answer-Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethin...

What is the first priority of your pull priorities? - Pull-you must deploy the parachute What is the second priority of your pull priorities? -Pull at the proper altitude What is the third priority of your pull priorities? - Pull at proper altitude when stable You should check your altitude every time you... (3 things) - All are correct (5 seconds have passed, you complete a task, encounter difficulty) What is the first priority of your landing priorities? - Land with the wing level What i...

CLFP EXAM, Financial and Tax Accounting for Leases Questions and Answers – Latest 2024/2025. What is a primary goal of the accounting profession? correct answerConsistent treatment of like transactions to allow clarity in presentation and consistency in interpretation of financial statements prepared by various individuals or entities. How did APB (Accounting Principals Board) fail? correct answerCreated Opinion #5 (Reporting of Leases in Financial Statements of Lessees) and Opinion #7 (Ac...

A person applying for an initial registration as an agent might be asked to provide all of the following except A) citizenship information. B) employment history. C) a consent to service of process. D) fingerprints. D. Fingerprints Unlike FINRA, the USA does not require fingerprints for new registrants. Form U4 lists employment history and many other personal details. LO 2.g When a broker-dealer operates on the premises of a financial institution, certain disclosures must be ...

CLFP EXAM, Financial and Tax Accounting for Leases Questions and Answers Latest Update 2024/2025. What is a primary goal of the accounting profession? correct answerConsistent treatment of like transactions to allow clarity in presentation and consistency in interpretation of financial statements prepared by various individuals or entities. How did APB (Accounting Principals Board) fail? correct answerCreated Opinion #5 (Reporting of Leases in Financial Statements of Lessees) and Opinion #7 ...

Florida Real Estate Exam Questions | with complete solution 2023/24 Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - $1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heath...

CDFM - Module 3 Questions & Answers Questions with 100% Correct Answers Federal appropriations law can be categorized into which three topical areas? - answerPurpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - answerDoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - answerAppropriations Contract Authority Borrowing Authority Monetary Credits Offsetti...

Fiscal Law Competency 1 Exam Questions and Answers Federal appropriations law can be categorized into which three topical areas? - ANSWER Purpose, Time, and Amount (PTA) In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? - ANSWER DoD General Counsels, Courts What are the basic types of budget authority used in the Federal Government? - ANSWER Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Col...

Virginia Final Exam Questions with Correct Answers 2024 A void contract is one that is A. not in writing. B. voidable by only one of the parties. C. rescindable by agreement. D. not legally enforceable. - answerD. not legally enforceable. In order to be enforceable, real estate contracts must meet the legal requirements for contracts in general. For example, a contract signed by a minor or a "seller" who doesn't own the property in question was never legal to begin with and is thus ...

Loan Processing - ANSWERSThe process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision Underwriting - ANSWERSThe process of evaluating a borrower's loan application to determine the risk involved for the lender Funding - ANSWERSThe process of transferring funds to a title or escrow company for disbursement Servicing - ANSWERSSending monthly payment statements and collecting monthly payments, maintaining payment r...