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8 Cards in this Set

  • Front
  • Back

Real property lines including mortgages are

Exclusively personal property

Economic rent is rent

Received for comparable space in the economic open market

When lenders use the term debt income ration they are referring to

A loan qualifying tool

Hansen purchased a 1,500 promissory note secured by a secon trust deed at 20% discount. The note was repaid in 12 monthly installments of 132 each including interest at 9 per annum. The return on the original investment is most nearly

31%

When legal title is transferred as a result of the sale of the real estate encumbered by a deed of trust, it is always necessary

For the grantor to deliver a deed

Interest rates on trust deed load are primarily determined by which of the following

Interest rates fluctuate according to the laws of supply and sema

Salesperson Kingstown presented to broker weight buyer kingsford offer to purchase seller bright wood real estate personal note in the amount of 1k broker wright should inform

Seller brighwood should be informed prior to acceptance that the deposit is promissory

Which of the following is not essential to a valid deed

It must be acknowledge