Trustee vs trustor - Study guides, Class notes & Summaries

Aceable Agent - Law of Contracts Questions & Answers 2024 ( A+ GRADED 100% VERIFIED)

DEED - Answer The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - Answer A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - Answer A trustee is an individual person given control of property in trust with a legal obligation to administer it solely for...

DEED OF TRUST - ANSWER-A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - ANSWER-A trustee is an individual person given control of property in trust with a legal obligation to administer it solely for the purposes specified. The trustor is the borrower. ENCUMBRANCE - ANSWER-Any restriction, encroachment, claim, or lien on a property (such as a m...

DEED - ANSWERSThe legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - ANSWERSA security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - ANSWERSA trustee is an individual person given control of property in trust with a legal obligation to administer it solely for the p...

Aceable Agent - Law of Contracts Question and answer 2023 verified DEED The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR A trustee is an individual person given control of property in trust with a...

Aceable Agen5 Questions with complete solution 2023/2024DEED - correct answer The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - correct answer A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - correct answer A trustee is an individual person given con...

Aceable Agent Questions and ready answers 2023/2024 DEED - correct answer The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - correct answer A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - correct answer A trustee is an individual person given cont...

Aceable Agent - Law of Contracts Solved Completely!! Aceable Agent - Law of Contracts Solved Completely!! DEED - ANSWER The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - ANSWER A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - ANSWER A trustee is an ...

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Mo Statute 339 - ANSWER-License Law RSMO 1986 License Law - ANSWER-Any person who performs a RE service on behalf of another party for CONSIDERATION must be licensed; i.e. broker transactions, managing property, appraising, counseling, syndicating, auctioning Consideration - ANSWER-Includes $ compensation, exchange of free services, or any other valuable good or service that a person expects to be paid (Vital in license law requirement) MO Real Estate Commission (MREC) - ANSWER--authori...