Register now to access 7 million high quality study materials (What's Course Hero?) Course Hero is the premier provider of high quality online educational resources. With millions of study documents, online tutors, digital flashcards and free courseware, Course Hero is helping students learn more efficiently and effectively. Whether you're interested in exploring new subjects or mastering key topics for your next exam, Course Hero has the tools you need to achieve your goals.

2 Pages

CHAPTER NINE

Course: BUSI 127, Fall 2007
School: Pacific
Rating:

Word Count: 262

Document Preview

Unformatted Document Excerpt

Coursehero >> California >> Pacific >> BUSI 127

Course Hero has millions of student submitted documents similar to the one
below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Real Estate Chapter 9 CHAPTER NINE FINANCING THE REAL ESTATE I. Introduction A. Three types of security arrangements: 1. Secured Transaction (personal property) 2. Suretyship (Third party) 3. Mortgage (Real Property) B. This chapter focuses on mortgages: terms, the transaction, etc. Definitions A. <a href="/keyword/promissory-note/" >promissory note</a> - a promise, in writing, to pay a specified sum at a specified time. Identify debtor (borrow) and payee (bank) 1. Recourse Note- Borrower personally liable, banks likes this (Commercial property ONLY) 2. Nonrecourse Note- Provides no personal liability to borrower, borrower likes this (Commercial property ONLY) 3. Clauses that could be in the <a href="/keyword/promissory-note/" >promissory note</a> a. Acceleration Clause- In an event of default, entire amount is due b. Due on Sale Clause- Entire amount of mortgage due on transfer c. Prepayment Penalty- Penalty for bank's lost of future interest given to borrower's paying early (largely commercial) d. Interest Rate- Usury and ARM (adjusted rate mortgage) B. Deed of Trust- an instrument serving the same function as a mortgage, where borrower places title to property in trust to secure repayment of a loan owed to the beneficiary of the trust. Mortgagor (borrower) and mortgagee (bank/lender) 1. Included in Deed of Trust a. Description of Collateral b. Require Borrower to maintain insurance c. Assignment of Rents (additional collateral), for commercial 2. Page 294 C. Loan Agreement 1. Only applies if it is a Commercial loan 2. Includes: a. Loan amount b. Purpose c. Security interest 3. Warranties 4. If you default, bank puts in "receiver" to deal with normal operations and run the commercial property, the owner loose rights to property even without foreclosure II. J. Duong 1

Find millions of documents on Course Hero - Study Guides, Lecture Notes, Reference Materials, Practice Exams and more. Course Hero has millions of course specific materials providing students with the best way to expand their education.

Below is a small sample set of documents:

Stambovsky v. Ackley

Pacific - BUSI - 127

Judy Duong Prof. Dhooge Real Estate Law Oct. 18, 2007 Stambovsky v. Ackley 169 A.D. 2d 254, 572 N.Y.S.2d 672 (1991) Operative Facts 1. Jeffrey M. Stambovsky, a resident of New York City, was horrified to find out that he had recently signed a contrac

CHAPTER 13

Pacific - BUSI - 157

Commercial Law Chapter 12 CHAPTER 13 CAPACITY AND LEGALITY I. Contractual Capacity- the legal ability to enter into contractual relationships. Parties to a contract must have mental capacity to understand the seriousness of their legal obligation A.

CHAPTER 11

Pacific - BUSI - 157

Commercial Law Chapter 11 CHAPTER 11 AGREEMENT (MUTUAL ASSENT) I. Requirements of the Offer A. Elements necessary for an Offer to be effective: 1. Offeror has serious intent to become bound by the offer 2. Terms of the contract are definite and compl

CHAPTER 10

Pacific - BUSI - 157

Commercial Law Chapter 10 CHAPTER 10 CONTRACTS AND E-CONTRACTS: NATURE AND TERMINOLOGY I. An Overview of Contract Law A. Introduction 1. Contract law deals with among other things, the formation and keeping of promises a. Reflects our social values b

CHAPTER 8

Pacific - BUSI - 157

Commercial Law Chapter 8 CHAPTER EIGHT INTELLECTUAL PROPERTY I. Trademarks and Related Property A. Introduction 1. Intellectual Property- consists of products that result from intellectual, creative processes. Forms of intellectual property: a. Trade

CHAPTER 14

Pacific - BUSI - 157

Commercial Law Chapter 14 CHAPTER 14 GENUINENESS OF ASSENT I. Introduction A. Genuineness of Assent 1. "Meeting of the minds" 2. Voluntary consent to enforce contract 3. Contracts that lack genuineness of assent is either void or voidable B. Affect t

HIS 12 - ComStrength

Michigan - HIST - 218

Communist Strength, Saigon Weakness 2/8/2008 10:08:00 AMEarly 1960 Initial balance of military forces favored Saigon Because Saigon was internationally recognized authority in South, Diem could draw on foreign support (including that of the US) o B

HIS 13 - Commstrength2

Michigan - HIST - 218

Communist Strengths, Saigon Weaknesses 22/11/2008 10:05:00 AMDespite enormous inferiority in manpower and technology, how could NLF prevail? Sympathetic political environment, produced o Higher degree of organizational resilience o More efficient

1st homework

Johnson & Wales University - Providence - ENG - 1001

Max Neufeld 9/06/07 HOSP1001When I am personally a guest at a hotel or restaurant the way I evaluate there service is bye seeing what they were able to do and how well they were able to do it under there specific circumstances. I realize that all r

IAH 211A recitation HW #1

Michigan State University - IAH - 211A

Nick Calkins A37632942 Section 3Recitation HW Assignment #1OPTION 1 Newspaper Name: New York Times Article Title: Protests Bring New Violence in Kenya Author: Jeffrey Gettleman-Gettleman studied at Oxford where he obtained an extensive knowledg

HIS 14 - TheoriesUS

Michigan - HIST - 218

Theories of US Involvement2/13/2008 10:07:00 AMEisenhower administration helped start Vietnam. By Kennedy, country had begun disintegrating. Kennedy faced with interesting choices. Theories: Economic objectives motivated the US to get involved an

study guide 1

Michigan State University - CJ - 110

Review SheetIndirect Rule (ID) Indirect rule provided European power with an effective method for controlling Africa and its peoples without the use of excessive force. Be keeping power within the hands of local chiefs, there was less risk of revol

WRA essay 2

Michigan State University - WRA - 130

Gabruk 1 Jonathan Gabruk Dr. Cheu WRA 130 Section 005 10:20-12:10 Essay 2 Final Draft 2-20-07 No Cures to Essentialism Cures a Gay Man's Odyssey exhibits Martin Duberman's struggle with his dubious conception of his sexuality. Critical landmarks in h

HIS 15 - KennedyViet

Michigan - HIST - 218

Kennedy Vietnam's The Place2/18/2008 10:06:00 AMKennedy had to decide whether to abandon Saigon or keep the government in power with a higher level of American support Chose the latter 5 Aspects of his continuity from Eisenhower to him to Johnso

EC 360 PS#2

Michigan State University - ECON - 360

Nick Calkins A37632942 Problem Set #21) If Monopoly Air is in fact a natural monopoly, why would another firm (Upstart Airways) enter the market? In a natural monopoly it is cheaper for a single firm to produce rather than using two or three firms.

IAH exam assignment

Michigan State University - IAH - 211A

Nick Calkins A37632942 Henderson p.169 -But the amazons had put their backs to the poles and the hammock rose and moved forward. And the screams, the excitement! The roars, the deep drum noises, as if the animals were speaking again by means of the s

HIS 16 - DiemOverthrow

Michigan - HIST - 218

Diem's Overthrow, Saigon's Disintegration2/20/2008 10:07:00 AMConventional wisdom of 1950s that said Diem was the miracle man was quickly deteriorating by the 1960s Many critics in the State Department He was still supported by Lyndon Johnson, most

His 2 - NonCommunistMovements

Michigan - HIST - 218

Non-Communist Movements1/9/2008 11:09:00 AMThe American created Saigon regime of the 1960 showed continuity with anti-communist movements that were largely ineffective. 3 Non-communist movements: Frank (French)-Lovers o Before WWII, some Vietname

HIS 2-6 - Impact of TET

Michigan - HIST - 218

Impact of Tet on US 1968 Elections3/21/2008 10:07:00 AMDomestic watershed comparable to LBJ's escalation of the war in 1965, except now the US was pushed in the opposite direction Whitehouse was forced to stop open-ended troop increases Had to b

His 6 - War through 1951

Michigan - HIST - 218

War Through 19511946-1954 Vietnam and French fight Vietminh1/23/2008 10:07:00 AMDomestic support Preached social revolution Solid rural base, pro-French groups were isolated in the country side Military o Better intelligence than French Vast s

HIS 5 - Indochina War

Michigan - HIST - 218

First Indochina War Start of Hostilities1/18/2008 10:06:00 AM1945, 1954, 1965, 1975 Communist-led forces seized or were about to seize power within Vietnam. Each time except last, foreign powers and local anti-communist Vietnamese tried to contain

HIS 2-8 - Negotiating an End

Michigan - HIST - 218

Nixon Negotiating an End3/26/2008 10:09:00 AMNixon's plan to leave Vietnam had two aspects Strengthening position of Saigon government on the ground so that it could survive withdrawal Negotiating with Hanoi a formal end to the war Why was a for

HIS 4 - To August Revolution

Michigan - HIST - 218

To The August RevolutionCommunist uprising to free Vietnam from French Hanoi major strategic area Vietminh came to power in urban heart of Vietnam August 1945 August revolution 5,000 communist out of some 17 million population WW2 transformed commu

HIS 2-2 - Limits of Attrition

Michigan - HIST - 218

The Limits of Attrition and Pacification3/7/2008 10:04:00 AMUS Armed forces won every significant battle of the Vietnam War Firepower piled up mounds of enemy dead Close to 1 million PLAF and PAVN (communist) fighters killed during war o 50,000 A

HIS 2-3 - Domestic Strains

Michigan - HIST - 218

Domestic Strains of the War 1965-673/14/2008 10:07:00 AMCosts major constraint on LBJ and American intervention in Vietnam Anti-war sentiment in the US worked together with enemy's battlefield success o More Americans showed anti-war sentiment, h

Sociology 1

Michigan - HIST - 218

Sociology 1 (Patricia Hill Collins)Papers3/18/2008 1:10:00 PMWhen citing coursepack, cite the page numbers in the text (not the coursepack). Cite the year that coincides with the year of the publication in which you found the information. Hill C

Sociology 2

Michigan - HIST - 218

Sociology 2Matrix of Inequality (Domination/Oppression) Institutional/Structural3/27/2008 1:03:00 PMo Overarching macro structure of society, policies, laws Cultural/Symbolic o Images, norms, values, broadly symbolic stuff Individual/Biographic

HIS 2-4 - Domestic Results 2

Michigan - HIST - 218

Domestic Costs of the War 1965-67 [2]3/17/2008 10:07:00 AMEconomic Situation Only 10% of GNP spent on war (compared to 13% in Korea, 40% in WW2, .7% in Iraq) On average, $400,000 spent per Vietcong kill LBJ o Failed to cut non-military social spendi

HIS 2-5 - TET

Michigan - HIST - 218

Tet3/19/2008 10:07:00 AMCommunist forces in the South under heavy pressure Suffered heavy losses whenever they attacked US Knew they couldn't get the Americans out NLF had to institute a military draft for PLAF o Taxes raised sharply o Decreased

HIS 2-7 - Nixon Improving Saigon 69-72

Michigan - HIST - 218

Nixon Improving Saigon's Chances 69-723/24/2008 10:05:00 AMNixon had to accept some sort of withdrawal from Vietnam Sensed that a high-level war would ruin his presidency just like LBJ If Nixon was committed to withdrawing troops, it's less clear w

HIS 2-12 - Lessons of Vietnam

Michigan - HIST - 218

Lessons of Vietnam3 Attempts to draw lessons from the Vietnam War Victory was Possible4/4/2008 9:28:00 AMo US could have won in Vietnam if we had followed a different course o The problem was not the ends, but the means Non-communist Vietnam wa

HIS 3 - Birth of Communism

Michigan - HIST - 218

Birth of Communism1/11/2008 10:06:00 AMEarly 1930s in dilapidated house, 9 Vietnamese intellectuals met to form communist party. By 1931, party had directed powerful peasant uprising against French police and landlords suppressed by French forei

HIS 9 - Geneva

Michigan - HIST - 218

Geneva and Its Implications2/3/2008 4:22:00 AMAfter Dien Bien Phu, Vietminh controlled 2/3 of Vietnam In was unrealistic to expect war would be settled apart from conflict First Indochina war settled at international conference in Geneva, Summer

HIS 8 - Evol of US Policy

Michigan - HIST - 218

Evolution of US Policy 1945-1954French involvement ended with Dien Bien Phu American involvement in Indochina was gradual1/30/2008 10:04:00 AMReversal of original policy in some ways o Originally, some US people adopted neutralism, some actually

HIS 7 - To Dien Bien Phu 51-54

Michigan - HIST - 218

To Dien Bien Phu 1951-19541/25/2008 10:07:00 AMHow was France going to escape the growing dilemma in Vietnam? "French must either commit to full-scale mobilization or withdrawal" French leadership refused to make such a decision o Full-scale mobi

HIS 1 - Vietnamese History

Michigan - HIST - 218

Vietnamese History1/7/2008 10:10:00 AMAmerican war strategists didn't look into Vietnamese history, didn't understand social atmosphere Some argue that by August 1945, the anti-communist cause was lost in Vietnam. Communism = Nationalism. lectur

Sociology 3

Michigan - HIST - 218

Sociology 34/3/2008 1:06:00 PMFemale athletes as posing a Destabilizing Tendency (Dworkin & Messner) What is potentially being destabilized? o Patriarchy o Gender Order Because of the way sport as an institution works in our society o The way spo

HIS 2-11 - UN Impact

Michigan - HIST - 218

UN's Impact on the USConservative Trend Began under Nixon, flourished under Regan4/2/2008 9:28:00 AM1969-1979 American/Soviet Relations described by an improvement of understanding "De Tante" Arms-control agreements, trade agreements, winding d

HIS 2-10 - End of Illusion

Michigan - HIST - 218

End of Illusion SE Asia Since War3/31/2008 10:07:00 AMPredictions American leaders predicted that a communist takeover in Vietnam would lead to a bloodbath of Saigon officials, landlords, and their families o Also expected to destroy the modern

HIS 2-9 - Saigon's Collapse

Michigan - HIST - 218

Finale Saigon's Collapse3/28/2008 10:09:00 AMAmerican troops enter the war in strength in 1965 in what was described as an invasion of NV into SV. There was no really physical invasion. The insurgency was based in the North, but it was physicall

HIS 2-1 - EscalationLBJ

Michigan - HIST - 218

The Politics of Escalation Under LBJ3/3/2008 10:06:00 AMBy 1965, Saigon government on the verge of disintegration North Vietnamese entering SV through Ho Chi Minh trail Would US accept collapse of its client state or take charge of the war itself

2007-Civil-Rights-Report

UPenn - HIST - 210

e Status of Muslim Civil Rights in the United States 2007P R E S U M P T I O N O F G U I LTCouncil on American-Islamic RelationsThe Council on American-Islamic Relations (CAIR) is a non-profit grassroots organization dedicated to presenting an

act_453_elliott_larsen_8772_7

UPenn - HIST - 210

Act No. 453 Public Acts of 1976 Approved by Governor January 13, 1977 As Amended by Act 162, Public Acts of 1977 Act 153, Public Acts of 1978 Act 446, Public Acts of 1978 Act 93, Public Acts of 1980 Act 170, Public Act of 1980 Act 202, Public Acts of

122705_FarmingtonReport

UPenn - HIST - 210

_ The Farmington Report: Civil Rights for Native Americans 30 Years Later_New Mexico Advisory Committee to the U.S. Commission on Civil Rights[November 2005]This report of the New Mexico Advisory Committee to the United States Commission on Ci

bushcivilrights

UPenn - HIST - 210

U.S. Commission on Civil RightsOffice of Civil Rights EvaluationRedefining Rights in AmericaThe Civil Rights Record of the George W. Bush Administration, 20012004Draft Report for Commissioners' Review September 2004U.S. Commission on Civil Ri

guide-civil-rights

UPenn - HIST - 210

Careers in Civil Rights and Civil Liberties2007 Summer Fellow Peter Hill 2006 Summer Fellows Katie Berlent Andrea Gomes Kate Joyce Levan Moulton Caitlin Sullivan 2001 Summer Fellow Jason K. StearnsBernard Koteen Office of Public Interest Advising

2007EBME202_Quiz1

Case Western - PHI - 202

QUIZ 112341. Observe the 3 serial transfer functions on the board 1, 2, 3. The overall transfer function 4 will have the approximate form (shape) of transfer function A. 1 +B. 2 C. 3 D. None of these 2. Circulating norepinephrine (adrenalin

Ch0_Jan11

Case Western - PHI - 202

PHYS 121 MechanicsChapter 0Chapter 0MECHANICS: The Motion of Bodies and how the Motion Depends on the Forces Acting on those BodiesWHAT IS A BODY? For this course, we usually refer to blocks of wood, cars, air particles, planets, even people, e

2007EBME202_Quiz3_KEY

Case Western - PHI - 202

Instructions: Put your name on PART I of the scansheet. Write your name and course (EBME 202) in the place provided on the right side of PART I. Use a #2 pencil to completely fill the spaces. Select the single best answer for each of the following qu

2007EBME202_Quiz2_KEY

Case Western - PHI - 202

Quiz 2: Answer Key 1. Parasympathetic nerve fibers that terminate in the heart will synapse on _ receptors and cause the heart to _ a. Beta1- slow down b. Alpha1 speed up c. M1 slow down d. N1 speed up 2. Electrical activity spreads from one cardi

VA1