Foreclosure by sale Study guides, Class notes & Summaries
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Law of Contracts - Champions Test: Questions & Answers: Guaranteed A+ Score Guide
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The TREC residential contract forms are: 
 (Ans- Drafted by the Broker Lawyer Committee 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: 
(Ans- fraud 
 
Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. 
(Ans- goods 
 
If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: 
(Ans- Enter into a Seller's Temporary Residential Lease 
 
The Buyer and Seller Temp...
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Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct
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Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct Q: According to value a. Police power b. Ad valorem c. Taxation d. Escheat e. Condemnation Answer: B Q: The government retains the following rights in lands, EXCEPT: a. Eminent domain b. Allodial c. Police Power d. Taxation Answer: B Q: If a landowner sues the government in order to force it to buy his or her land, this is called: a. Reverse condemnation b. Forward condemnation c. Inverse condem...
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| LATEST EXAM UPDATES| 2024/25 |MO REAL ESTATE EXAM SMART EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/
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MO REAL ESTATE EXAM SMART EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ 
Under a Listing agreement, who would be the client? 
The Salesperson 
The broker 
The Seller 
They Buyer - -The Seller 
A property was sold by a foreclosure sale. The sale did not produce enough money to satisfy all the 
debts on the property. What could the creditor who weren't paid now file? 
A deed in lieu of foreclosure 
An estoppel certificate 
A deficiency judgement 
A blanket Mortgage - -A deficien...
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PSI PA Real Estate Practice Exam
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The economic characteristics of land are - Answer- scarcity, location, and durability 
 
A major difference between freehold and nonfreehold estates is that all freehold estates - Answer- are of indeterminable duration 
 
An easement can be terminated by - Answer- merger of titles 
 
The land description T3N, R4W Principal Meridian refers to what method of property description? - Answer- Rectangular survey 
 
Tenants are still in their rental property even though their lease has expired. The lan...
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Texas Principles of Real Estate 2 Exam| Complete Guide with Questions and Verified Answers| Already Grade A| 2023/ 2024 New Updated
- Exam (elaborations) • 88 pages • 2023
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Texas Principles of Real Estate 2 Exam| 
Complete Guide with Questions and Verified 
Answers| Already Grade A| 2023/ 2024 New 
Updated 
 
QUESTION 
What does a buyer receive until the debt is fully paid in case of installment land sales contract? 
 
Answer: 
 Equitable title 
 
 
QUESTION 
What type of loan is considered an expandable one? 
 
Answer: 
 Open-end 
 
 
 
QUESTION 
When a buyer borrows from the seller in addition to the lender, this is known as what? 
 
Answer: 
 Purcha...
Too much month left at the end of the money?
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MN Real Estate State Test Practice Questions with Verified Solutions
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MN Real Estate State Test Practice 
Questions with Verified Solutions 
 
Carmen was hired by the Navarreses to build a walk-in closet. She included a lien notice in the 
original contract. The Navarreses have provided final payment. What does Carmen need to do to 
remove the lien associated with this contract? Deliver a lien wavier to the Navarreses. 
 
Which of the following might qualify for reimbursement from the Minnesota Petroleum Tank 
Release Cleanup Fund (Petrofund)? Six years ago, Miles...
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Bermuda Real Estate and Licensing Exam with Complete Solution Latest 2024/2025.
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Bermuda Real Estate and Licensing Exam with Complete Solution Latest 2024/2025. 
Defect/Cloud in the title - Ans Conflicting claims that prevent the absolute legal 
conveyance of CLEAR TITLE 
Period to Period is a type of leasehold that: - Ans Has no specific expiration but the 
length is specified (like a month to month lease) 
Net Lease - Ans lease in which the tenant pays some or all of the operating 
expenses of the property in addition to rent. Often commercial. 
Adverse Possession - Ans A ...
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RECA Residential Exam Questions and Answers 100% Correct 2024
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RECA Residential Exam Questions and Answers 100% Correct 2024 
Fiduciary Representation 
- Trust and confidence 
- Best interests 
- Loyalty 
5 Ds of Role Clarity 
1. Discuss 
2. Determine 
3. Document 
4. Disclose 
5. Do 
Must disclose in writing 
- the nature of services provided 
- whether professional has entered into representation relationship with other party 
- any conflicts of interest 
- any other facts that may influence consumers decision to proceed with 
relationship 
made to clari...
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New York Real Estate Exam Review | Questions with 100% Correct Answers | Verified | Latest Update 2024 | 28 Pages
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1-A broker legitimately may pay all or part of Real estate commission to a 
a. seller 
b. salesperson 
c. buyer 
d. friend who provides a listing lead - -B: Salesperson can accept compensation only from their 
sponsoring broker. 
2-The minimum age for a New York real estate broker's license is 
a. 19. 
b. 18. 
c. 20. 
d. 21. - C. As of July 1,2008 to become a broker you must be 20 years old. 
3-Which of the following acts would require a real estate license in New York 
a. Sale of one's own pr...
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PSI PA Real Estate Practice Exam Questions and Answers 100% Solved
- Exam (elaborations) • 59 pages • 2023
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PSI PA Real Estate Practice Exam Questions and Answers 100% Solved The economic characteristics of land are scarcity, location, and durability 
A major difference between freehold and nonfreehold estates is that all freehold estates are of indeterminable duration 
An easement can be terminated by merger of titles 
The land description T3N, R4W Principal Meridian refers to what method of property description? Rectangular survey 
Tenants are still in their rental property even though their lease h...
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