53. Which legal instrument states the loan amount, interest rate, repayment method, and maturity date?
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56. Ten years ago a vacant lot in a subdivision was purchase…
56. Ten years ago a vacant lot in a subdivision was purchased for $30,500. The owner hired a general contractor to build a home on the lot. The contractor charged $375,000. The homeowner is planning to refinance the mortgage. The bank recently appraised the home at $410,000. What is the value of the property?
69. The covenant of further assurance is included in which t…
69. The covenant of further assurance is included in which type of statutory deed?
38. The statue of frauds requires thatÂ
38. The statue of frauds requires thatÂ
18. If a tenant vacates a rental unit at the end of the leas…
18. If a tenant vacates a rental unit at the end of the lease period, how many days does the landlord have by law to return the security deposit to the tenant if the landlord does NOT intend to claim part of the security deposit?
82. A Broker who chooses to maintain an escrow account may N…
82. A Broker who chooses to maintain an escrow account may NOT establish the account in a
23. Which type of business organization may NOT be licensed…
23. Which type of business organization may NOT be licensed as a real estate broker?
31. Which item is entered on the closing disclosure as a cre…
31. Which item is entered on the closing disclosure as a credit to the seller?
25. A sales associate receives an earnest money deposit on F…
25. A sales associate receives an earnest money deposit on Friday morning. Assuming no legal holidays are involved, the broker has until the end of business on which day to place the earnest money in escrow ?
55. A transaction broker does NOT have which duty?
55. A transaction broker does NOT have which duty?