76 An MLO endorsement is required for a licensee who negotiates A loan for

76 an mlo endorsement is required for a licensee who

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76- An MLO endorsement is required for a licensee who negotiates A loan for single family home 77- A loan converting two properties would be best be described as 78- The MLO endorsement to a license is a requirement of The Safe Act 79- the right of rescission which applies to loans that place a lien on the borrower residence is affected 3 rd business day after signing 80- Exceptions to the licensing requirement of escrow companies include All of these 81- the brokers exemption to the escrow licensing requirements applies when the broker is s a principal in the transaction 82- Escrow licensees are prohibited from
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Doing any of these 83- on a seller closing statement the sale listing commission to be paid to a broker would generally be a Debit to the seller 84-An escrow has a duty to warn parties to the escrow of Both possible fraud and risk of transaction 85- Standard policy of title insurance covers all Except Right of parties in position 86- An extended coverage policy of title insurance covers all except Zoning regulation 87- Which tax would be most difficult to evade? Property 88-The proposition which limits the basic tax levy to 1 percent of value is Proposition 13 89- A change-of- ownership statement must be filled within how many days of change of ownership? 45 90-Every residential homeowner is entitled to an exemption from the full cash value of 7000 91-As to depreciation for tax purpose, purchasers must now use
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27.5 years for residential property 92- For a 1031 exchange to be valid All of these required 93- A residential homeowner can deduct which of the following from their total taxable income while figuring their tax bill? Both property taxes and interest payments 94- which of the following advantages are offered by a commercial sale-leaseback to the seller-lessee? Both Lease payments are deductible business expenses and capital can be freed 95- Tax shelters refer to Income taxes 96- the most abundant property type, subject to professional management, Residential 97- A lease for a definite time period would be An estate for years 98- A lease whereby the tenant pays the landlord a set rent and also pay taxes, insurance, and other properties
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None of these 99- A lease whereby the landlord receives a set rent and the landlord pays property expenses is Gross lease 100- The Court action to evict a tenant known as A 30 day notice
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  • Spring '18
  • Mortgage loan

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