Two men own a parcel of Study guides, Class notes & Summaries

Regulation Z requires the disclosure of which of following? A. Respa B. APR C. NAR D. CMA - B. APR Two men own a parcel of land as joint tenants. One of them dies, and his will stipulates that his interest will pass to his wife and, upon her death, to hiss children. What type of estate do the children have? A. Estate in reversion B. Estate in remainder C. Life estate D. No estate - D. no estate Something of value offered by one part and accepted by another as inducement to perform is...

On January 10, 2005, a buyer makes an offer to the seller's agent and gives the agent a check. In doing so, he instructs the agent to hold the check until January 30. Under these circumstances, the agent: Must accept the check as an agent of the buyer, hold it uncashed until January 30 and inform the seller accordingly Novation is most closely related to: Substitution of a new contract for an old one. (Novation is a legal term to describe replacing an old contract with a new contrac...

FINAL EXAM -NJ REAL ESTATE Questions and Answers Passed 100% The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG *ANS* Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Lu...

Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - Answer B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access C Walk-in closet D Easy access to the highway - An...

Nj Re School practice exam 2022 with all the correct answers 1 / 20 1. Regulation Z requires the disclosure of which of following? A. Respa B. APR C. NAR D. CMA: B. APR 2. Two men own a parcel of land as joint tenants. One of them dies, and his will stipulates that his interest will pass to his wife and, upon her death, to hiss children. What type of estate do the children have? A. Estate in reversion B. Estate in remainder C. Life estate D. No estate: D. no estate 3. Something of ...

The law which requires that transfers of real property ownership be in writing is known as the... - Answer- statute of frauds In a VA loan, there must be... - Answer- an approved appraisal When a land contract is entered into... - Answer- the buyer acquires equitable title A 5 bedroom, 1 bathroom residence is an example of what type of depreciation? - Answer- Functional Name 3 essential requirements for a valid deed... - Answer- 1. The buyer and seller must be named 2. Words of Conv...

Nj Re school practice exam 2022 with all the correct answers

ANTH 1120 Winter Term Questions and Answers Latest Winter term ANTH 1120: MAKING SENSE OF A CHANGING WORLD: ANTHROPOLOGY TODAY (Winter Term 2018) JANUARY 8(A)/10(B), 2018 Lecture 1 Outline: What is Medical Anthropology? Today’s Topic: What Is Medical Anthropology? -How does medical anthropology fit into Anthropology as a discipline? -What key concepts do medical anthropologists utilize in the research? -What do medical anthropologists do? What kinds of things do medical anthropologi...

ANTH 1120 Winter Term Questions and Answers Latest Winter term ANTH 1120: MAKING SENSE OF A CHANGING WORLD: ANTHROPOLOGY TODAY (Winter Term 2018) JANUARY 8(A)/10(B), 2018 Lecture 1 Outline: What is Medical Anthropology? Today’s Topic: What Is Medical Anthropology? -How does medical anthropology fit into Anthropology as a discipline? -What key concepts do medical anthropologists utilize in the research? -What do medical anthropologists do? What kinds of things do medical anthropologi...

1 PRTC OBLIGATION 1. A mango tree in the land of O is reclining towards the road. All of a sudden, without a storm or an earthquake or even strong wind, the tree falls hitting a car belonging to X causing a P20, 000 damage. The liability of O to X arises from: a. a. Law b. Contract c. Quasi –contract d. Delict e. Quasi – delict 2. The obligation of the employer to pay death benefits and funeral expenses for his employer’s death while in the course of employment as sanctioned by the Workmen...