Illinois notary Study guides, Class notes & Summaries

Illinois Notary Primer Guaranteed Success Notary Bond ️Provides coverage for damages to anyone who suffers financially from a Notary's action - intentional or not Reasonable Care ️The degree of attentiveness that a person of normal intelligence and responsibility would exhibit. Uniform Real Property Electronic Recording Act ️It's the electronic recording system for the filing of electronic real property documents executed and notarized with electronic signatures. Do you need ...

Illinois Notary Primer Test Questions And Answers 2024 Notary Bond (Answer: - Provides coverage for damages to anyone who suffers financially from a Notary's action - intentional or not Reasonable Care (Answer: - The degree of attentiveness that a person of normal intelligence and responsibility would exhibit.

Illinois Notary Exam Questions and Answers In Illinois what is the fee for Achnowledgment Oath or Affirmations with out signature Verification upon oath or affirmation(includes administration of the oath or affirmation All other Notarial Acts (Answer: - No more the $1 for each signatureper oath or affirmation

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Modern Real Estate Practice in Illinois/ 132 Qs & Ans/ . Terms like: accrued item - Answer: on a closing statement, items of expense that are incurred but not yet payable, such as interest on a mortgage loan or taxed on real property. acknowledgement - Answer: a formal declaration made before a duly authorized officer, usually a notary public, by a person who has signed a document. actual eviction - Answer: the legal process that results in the tenants being physically removed from the l...

Modern Real Estate Practice in Illinois Already Graded A+ abstract of title the condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate. acceleration clause the clause in a mortgage or deed of trust that can be enforced to make the entire debt due immediately if the borrower defau...

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1 PRTC OBLIGATION 1. A mango tree in the land of O is reclining towards the road. All of a sudden, without a storm or an earthquake or even strong wind, the tree falls hitting a car belonging to X causing a P20, 000 damage. The liability of O to X arises from: a. a. Law b. Contract c. Quasi –contract d. Delict e. Quasi – delict 2. The obligation of the employer to pay death benefits and funeral expenses for his employer’s death while in the course of employment as sanctioned by the Workmen...