Deed docume - Study guides, Class notes & Summaries

NSA EXAM PREP REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Borrower's Certification Authorization - -This document certifies all of the information provided the loan application is true and complete. Errors & Omissions (E&O) and Compliance Agreement - -This states that if there are any typographical or clerical errors on the closing documents, the borrower would agree to sign any documents that had to be corrected. Flood Hazard Notice - -This indicates whether or not the property...

Real Estate Test Exam Illinois 2024. implied agency - ANSWER legal finding that your behavior implied a legal relationship (intent) express agency - ANSWER no ambiguity in behavior. explicitly define legal relationship real estate - ANSWER = land + improvements (any addition to land, regardless of aesthetics) real property - ANSWER = interest benefits and rights that go with land real estate (belongs to deed holder) appurtenance - ANSWER - anything associated with a property, includ...

Section 15A essentially provides that, by signing the preparation certificate the preparer accepts responsibility for the accurancy of the facts as prescribed in regulation 44A which provides that the preparer of the deeds is responsible to ensure the following:  All copies of the deeds or documents are identical on date of lodgment.  All the applicable township and other conditions have been correctly brought forward from the previous title deed in the case of a deed of transfer...