Floating lien Study guides, Class notes & Summaries

Timeshare Test #3 100% Correctly Solved "Unit" as used in NRS 119A means: a. A lot of any size b. The total timeshare unit c. That portion of a project which is designated for separate use d. A tract of land consisting of 15 acres or more - Correct Answer ️️ -That portion of a project which is designated for separate use A timeshare resort having both whole unit owners and timeshare interest owners is referred to as: a. vacation destination resort b. tenancy in severalty resort ...

"Unit" as used in NRS 119A means: a. A lot of any size b. The total timeshare unit c. That portion of a project which is designated for separate use d. A tract of land consisting of 15 acres or more - Answer-That portion of a project which is designated for separate use A timeshare resort having both whole unit owners and timeshare interest owners is referred to as: a. vacation destination resort b. tenancy in severalty resort c. timeshare trust d. mixed used resort - Answer-mixed us...

NYS Real Estate Exam Questions And Correct Answers. Complete Verified Solutions Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. Insurance Premiums What is overage rent? Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent special agent what is the em...

Idaho state real estate test 100% correct In Idaho, a written notice is required before rent can be increased. On all periodic tenancies, the written notice must be given prior to the date the rent increase is to become effective and at least how many days before the end of the term? - Answer️️ - The landlord must give 15 days' written notice on all periodic tenancies. A landlord has had a substantial increase in property taxes. The written lease agreement is for six months. There are...

Security • Security: Assets, Perfection, Priority • Security: Legal Risks • Debentures, Enforcement, Discharge SECURITY: ASSETS, PERFECTION, PRIORITY.................................................................................... 3 WHAT IS SECURITY?.......................................................................................................................................... 3 WHY MIGHT A LENDER REQUIRE SECURITY?.............................................................

A summary of the formalities required to grant a security interest in collateral. Also describes proceeds.

997 NMLS Questions with Answers The practice of getting people to sell their homes at bargain prices by suggesting that certain ethnic groups are going to move into the area is nicknamed: -Price fixing -Redlining -Steering -Blockbusting>>>> Blockbusting You and the borrower believe an Adjustable Rate Mortgage would be best for the borrower. What is the name of the booklet you are required to give? -CHARM Booklet -ARM Disclosure -Fair Lending Practices Booklet -RESPA Bo...

theres a presumption in the law in Florida law that businesses will have some sort of real property involved, either land w physical improvement or a long term lease why is a real estate license required sell a business? commercial real estate sales commission liens what does chapter 475, part III relate to any criminal records except for minor traffic violations like speeding what information must be disclosed on the real estate application? if you have a license in anot...

FE Practice Test Questions and Answers(A+ graded 100% verified latest update)A lien is a: correct answer: claim on a property for payment of a debt According to the Model Rules, Section 240.15, Rules of Profesional Conduct, licensed professional engineers are obligated to? correct answer: practice by performing services only in the areas of their competence and in accordance with the current standards of technical competence. During the impact of two objects, which of the following is tr...

When ordering an appraisal, it is illegal to... - ANSWER-Request that the appraiser return a minimum or specific value. Mortgage professionals are permitted to communicate their own or the borrower's opinion when ordering an appraisal; however, requesting a specific or minimum value is considered improper influence of an appraiser and is a serious ethical and legal violation. Borrower credit is... - ANSWER-An amount paid by the lender to borrower for locking an interest rate at a rate higher...