2026 STUDY SHEET FULL SOLUTION VIEW
AHEAD
◉ FHA mortgage loans
Answer: may be prepaid without penalty
◉ line described as "north 90 degrees East"
Answer: runs east and west
◉ changes to property for ADA (disabilities act)
Answer: must be economically feasible
◉ license involuntary inactive status
Answer: 2 years
◉ Township directly west of T28S, R19E
Answer: T28S, R18E
◉ Interest 10%, 6 discount points
Answer: effective rate 10.75%
, ◉ multiple offers on a property
Answer: present all offers, disclose all details
◉ Veterans Administrative loan
Answer: honorable discharge, owner occupied, certificate
◉ Special assessment liens
Answer: add value to the property
◉ Document received after final mortgage payment
Answer: Satisfaction of mortgage
◉ Statute for time periods to file suit
Answer: Statute of limitations
◉ Property Management growth
Answer: due to absentee ownership
◉ Investigator for the DBPR
Answer: files a report to the DBPR, only facts