45 hr Study guides, Class notes & Summaries
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Chapter 1 Review Questions & Practice Exam 45 hr Post licensing (100% Verified Answers)
- Exam (elaborations) • 10 pages • 2024
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Farming correct answers Specilizing n one type of property or on one particular neighborhood is 
a practice referred to as 
The sale of any improved residential property 4 units or fewer, including condo units, 
unimproved property intended for 4 units or fewer, agricultural properties 10 acres or less, leases 
with options to purchase all or airtime of improved property of 4 or fewer res. Units and 
disposition of business interest in 4 unit bldg correct answers A residential transaction is def...
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45 HR FINAL EXAM RECAP QUESTIONS AND ANSWERS
- Exam (elaborations) • 12 pages • 2023
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45 HR FINAL EXAM RECAP QUESTIONS AND ANSWERS 
 
 
 
1.	What is created on a title if there are any problems found with the physical layout of the property or in the title search results?: a cloud 
2.	A loan application exists when a consumer has submitted his or her name, income, property address, estimated value of property, amount of mortgage loan sought and:: Social security number 
3.	What part of the Closing Disclosure details the total amount of all payments on the loan and the annual perc...
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45 hr final exam recap
- Exam (elaborations) • 22 pages • 2023
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What is created on a title if there are any problems found with the physical layout of the property or in the title search results? 
a cloud 
 
 
A loan application exists when a consumer has submitted his or her name, income, property address, estimated value of property, amount of mortgage loan sought and: 
Social security number 
 
 
 
Brainpower 
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What part of the Closing Disclosure details the total amount of all payments on the loan and the annual percentage rate (APR)? 
loan cal...
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