Mortgagee clause Study guides, Class notes & Summaries
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Florida Claims Adjuster Multiple choice questions Exam | 206 Questions with 100% Correct Answers
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Florida Claims Adjuster Multiple choice questions Exam | 206 Questions with 100% Correct Answers 
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a lo...
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FLORIDA CLAIMS ADJUSTER LATEST EXAM 2023-2024/CLAIMS ADJUSTER (FLORIDA) 270+ REAL EXAM QUESTIONS AND CORRECT ANSWERS|AGRADE
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FLORIDA CLAIMS ADJUSTER 
LATEST EXAM /CLAIMS 
ADJUSTER (FLORIDA) 270+ REAL 
EXAM QUESTIONS AND CORRECT 
ANSWERS|AGRADE 
The following are basic characteristics of a property or liability 
insurance contract, except: 
A. Personal Contract 
B. Conditional Contract 
C. Loss of Settlement Contract 
D. Contract of Adhesion - ANSWER- Loss of Settlement Contract 
The Insurer's responsibility to pay for a property loss may be 
conditioned on the insured having used reasonable means to avoid the ...
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FLORIDA CLAIMS ADJUSTER ACTUAL EXAM 2023/2024/CLAIMS ADJUSTER (FLORIDA) 270+ REAL EXAM QUESTIONS AND CORRECT ANSWERS|A+ GRADE
- Exam (elaborations) • 59 pages • 2023
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FLORIDA CLAIMS ADJUSTER ACTUAL EXAM 2023/2024/CLAIMS ADJUSTER (FLORIDA) 270+ REAL EXAM QUESTIONS AND CORRECT ANSWERS|A+ GRADE 
 
 
 
 
 
The following are basic characteristics of a property or liability insurance contract, except: 
A.	Personal Contract 
B.	Conditional Contract 
C.	Loss of Settlement Contract 
D.	Contract of Adhesion - ANSWER- Loss of Settlement Contract 
 
The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to ...
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Champions School of Real Estate - Real Estate Finance Latest Update Rated A+
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Champions School of Real Estate - Real 
Estate Finance Latest Update Rated A+ 
 
A loan unable to be sold to Fannie Mae or Freddie Mac (i.e. A sub-prime loan) Non- 
Conforming Loan 
 
VA Veteran's administration - assists veterans in the purchase of housing by guaranteeing 
loans) 
 
Seller's equity Cash price minus the loan balance 
 
A clause often found in a blanket loan allowing the borrower to obtain partial releases of specific 
lots by making required lump sum payments. Release Clause 
...
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LA Claims Adjuster Property and Causality Practice Exam 1 Questions and Answers 100% Pass
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LA Claims Adjuster Property and Causality Practice 
Exam 1 Questions and Answers 100% Pass 
Insurable Interest - Answer- ______in the property and would suffer a financial loss if 
the property were damaged by an insured peril, their family members (names need not 
be listed in the policy), and others such as a lien holder, for example, the bank that 
holds the mortgage on a house. 
Cause of Loss Forms - Answer- ____establish and define the causes of loss (or perils) 
for which coverage is provi...
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National Real Estate Exam - Guide to Pearson Vue Book, Question sections coverage. Rated A+. Verified.
- Exam (elaborations) • 8 pages • 2023
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National Real Estate Exam - Guide to Pearson Vue Book, Question sections coverage. Rated A+. Verified. 
 
 
An estate for years - -The phrase definite duration refers to: 
 
A periodic tenancy - -A lease that automatically renews itself, in the absence of notice, is: 
 
$66,666 - -A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 
 
Signed by the grantor - -A requirement of a valid deed is that the deed be: 
 
The Truth In Lending...
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Pearson Vue Property Insurance Practice Test 100% Correct Solved
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Pearson Vue Property Insurance 
Practice Test 100% Correct Solved 
1. Which of the following perils is covered under the Commercial Property Basic Cause 
of Loss form? 
1. A. Collapse 
2. B. Sinkhole collapse 
3. C. Falling objects 
4. D. Breakage of glass - Correct Answer ️️ -Answer: B Sinkhole Collapse 
The National Flood Insurance Program provides coverage for losses caused by all of 
the following occurrences EXCEPT: 
A. 
mudslides 
B. 
runoff from heavy rain 
C. 
overflow of tidal water...
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Florida Claims Adjuster Exam Questions and Answers 100%Solved
- Exam (elaborations) • 13 pages • 2024
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The following are basic characteristics of a property or liability insurance contract, except: 
A. Personal Contract 
B. Conditional Contract 
C. Loss of Settlement Contract 
D. Contract of Adhesion - ANSWER-Loss of Settlement Contract 
 
The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to avoid the loss, to protect the property against further loss, and to give the insurer proof of the loss is defined as? 
A. Conditional Con...
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6.20 All Lines Adjuster- Florida- Review of Quizzes (100% Verified with correct answers)
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The deductible correct answers The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? 
 
Replacement cost correct answers Which loss settlement provides new for old? 
 
the claims adjuster's role in the insurance industry includes correct answers Give appropriate legal advice and write binding contracts 
 
following are examples of a peril correct answers Lighting, Explosion and Fire 
 
The abandonment clause correct answers The clau...
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PEARSON VUE PROPERTY INSURANCE PRACTICE TEST Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
- Exam (elaborations) • 28 pages • 2024
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1. Which of the following perils is covered under the Commercial Property Basic Cause 
of Loss form? 
1. A. Collapse 
2. B. Sinkhole collapse 
3. C. Falling objects 
4. D. Breakage of glass 
Correct Answer: Answer: B Sinkhole Collapse 
The National Flood Insurance Program provides coverage for losses caused by all of 
the following occurrences EXCEPT: 
A. 
mudslides 
B. 
runoff from heavy rain 
2 
C. 
overflow of tidal waters 
D. 
water-main breakage 
Correct Answer: Answer: D Water-Main Break...
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