Signed by a buyer and se - Study guides, Class notes & Summaries

PVL3702 - Law Of Contract. LAW OF CONTRACT NOTES. The law of contract forms part of the law of obligations. Obligations – is a juristic bond i.t.o. which the party or parties on the one side have a right to a performance and the party or parties on the other side have a duty to render that performance. In other words, it is a legal relationship between 2 or more legal subjects. Sources of obligations are derived from the following: (1) contract (2) delict (3) from other causes: - Undu...

The CE Shop 2024 Real Estate Exam With Correct Answers 4 characteristics of value - Answer -D U S T Demand Utility Scarcity Transferability .5 elements of a valid contract - Answer -offer, acceptance, consideration, capacity, lawful purpose. Capacity - competent and of age .5 tests of real vs personal property - Answer -M A R I A Method of Annexation - attached or not and how. Adaptability of use - if removal would eliminate use. Relationship of the parties- tenant over la...

California Real Estate Exam Multiple Choice Questions and Answers 2023 An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. Answer- d. all of the above. These are elements of value. Which of the following abbreviations is associat...

California Real Estate Exam Multiple Choice Questions and Answers 2023 An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. Answer- d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NA...

Aure Tide realty End of Course practice exam already passed A Florida real estate sales associate who moves and becomes a nonresident of Florida must notify the Commission of the change of residency within how many days? 60 In case of breach by the buyer, most real estate contracts include a provision that the earnest money be regarded as Liquidated damages to the seller Subordination of a mortgage is: A later mortgage taking priority to the original Buffer Zone is an area of land that: Sepa...

An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR b. CPM c. MIP/MMI d. MBA c. MIP/MMI MIP - Mortgage I...

MPTC Criminal Law Exam Threat to commit a crime - CORRECT ANSWER-Elements: -Communicate -Crime -Reasonable fear Right of arrest: Complaint onlySources of Criminal Law - CORRECT ANSWER-Statutes Common law RegulationsSix Kinds of Intent - CORRECT ANSWER-Specific Intent Malicious General Intent Reckless Negligent Strict LiabilityThree Rights of Arrest - CORRECT ANSWER-Arrest Warrant Warrantless Arrest Complaint ApplicationThree ways an officer can arrest on misdemeanor - CORRECT A...

ESCROW EXAM STUDYGUIDE 2023...

1. Which of the fol following lowing cannot be lawf lawfully ully exercised by a non-stock corporation? a. Pay dividend b. Elect trustees c. Amend the Articles of Incorporation d. Adopt by-laws 2. A b ond issue to pay-off prior floating in indebtedness debtedness of th the e corporation issuing it is called a. Convertible bond b. Equipment bond c. Collateral bond d. Funding bond 3. 4. 5. A bond secured by stocks or other bon bonds ds or both which are owned by the debtor, the securities being de...