Texas real e Samenvattingen, Aantekeningen en Examens

An acceleration clause is included in which of the following...? The mortgage Both the promissory note and mortgage The promissory note The lien - Answer- The promissory note? Collateral - - Answer- Marketable real or personal property which a borrower pledges as security for a loan. In mortgage transactions, specific land is the collateral. Promissory Note - - Answer- Following a loan commitment from the lender, the borrower signs a note, promising to repay the loan under stipulated t...

Texas Real Estate Property Management Final Exam 2023 Test Questions With Correct Answers Elaborated

Texas Real Estate Law - SAE Champions School Of Real Estate Exam

Why do lenders collect reserve funds at the property closing? A) To get a higher yield in their investment B) To be sure money will be available for tax and insurance purposes C) To have extra money that will accrue interest D) To hedge against increases in taxes or insurance premiums - Answer- B) To be sure money will be available for tax and insurance payments The cost recovery period for land improvements is how long? A) 15 years B) 25 years C) 27.5 years D) 30 years - Answer- A)...

Aceable Agent Texas Real Estate Principles I Question and answer 100% correct 2023Broker's Price Opinion (BPO) A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property Closing The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount Comparative Market Analysis (CMA) A report comparing the prices of sold homes tha...

Texas Real Estate Finance Final Exam Questions 20232024

TEXAS NURSING JURISPRUDENCE AND ETHICS FOR TEXAS NURSES REAL EXAM 2023/2024 LATEST VERSION 100 QUESTIONS AND CORRECT ANSWERS|GUARANTEED PASS A BON investigator in the enforcement division collected evidence that supports the BON's formal charges against a nurse regarding violations of the NPA and board rules. Attempts to notify the nurse via standard and certified mail at the nurse's last address of record have been returned to the BON office as being "undeliverable or not at this address...

supply - The amount of goods offered for sale within a given market at a given price during a given time period. General Agent - A property manager is an example of what type of agent? Special Agent - A real estate agent is an example of what type of agent? Residential, Commercial, and Industrial - The general uses of real property include the following: Market Comparison Approach - A means of comparing similar type properties would have recently sold to the subject property is known...

Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilatera...