Stringham - Study guides, Class notes & Summaries

Utah Stringham Real Estate Vocab Latest Version Rated A+ 3/1 ARM A loan with three years of the same rate then rate adjustments every year thereafter. 12 HOUR NEW AGENT COURSE The continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. 72-HOUR RIGHT OF RESCESSION All borrowers must receive this notice if the loan is a refinance loan. ABANDONMENT When a tenant leaves a property before the expiration of the lease agr...

Sales General Exam (Stringham) Latest Questions & Answers Solved 100% Correct!!

Utah Law Exam (Stringham) Questions and Answers Already Graded A A sales agent who offers a guarantee that if the listing does not sell within six months the agent will buy the listing, must also: (a) A licensee is convicted of a criminal offense. (b) Provide a bond to back the guarantee. (c) Provide complete written details of the guarantee before the property is listed. (d) Notify the Division of Real Estate in advance of the terms of the guarantee. Provide complete written details o...

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Sales General Exam - Stringham Real Estate School |Questions & Answers| Verified 100% Correct!!

Utah Law Exam (Stringham) Questions With 100% Verified Answers. A sales agent who offers a guarantee that if the listing does not sell within six months the agent will buy the listing, must also: (a) A licensee is convicted of a criminal offense. (b) Provide a bond to back the guarantee. (c) Provide complete written details of the guarantee before the property is listed. (d) Notify the Division of Real Estate in advance of the terms of the guarantee. - answerProvide complete written deta...

Sales General Exam (Stringham) Questions With 100% Verified Answers. Under the law of emblements, which of the following situations is true? (a) The seller deeds the property to the buyer but has rights to the crop. (b) The buyer gets the land, the seller gets the farm house. (c) The buyer gets everything, and after harvesting the crop, gets the profits from it. (d) Everything goes to the buyer and the seller has no further rights to anything on the property. - answerThe seller deeds the ...

Utah Stringham Real Estate Exam Questions With 100% Verified Answers. 3/1 ARM - answerA loan with three years of the same rate then rate adjustments every year thereafter. 12 HOUR NEW AGENT COURSE - answerThe continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. 72-HOUR RIGHT OF RESCESSION - answerAll borrowers must receive this notice if the loan is a refinance loan. ABANDONMENT - answerWhen a tenant leaves a property befo...

GENERAL PARTNER - A partner who has full authority to make decisions, act for the partnership, and has full liability for the business dealings of the partnership. ACCELERATION CLAUSE - Allows a loan to become due and payable immediately if certain requirements are not met, such as making payments, maintaining the physical condition of the property or paying property taxes and hazard insurance. IMPOUND, RESERVE OR ESCROW ACCOUNT - A trust account established to set aside funds for future n...