GA Real Estate Exam Practice Questions and Answers 100% Correct(RATED A+)
When applying for a loan, what is a fixed rate? - ANSWER-A loan that has a predetermined repayment interest rate What act prohibits discrimination based on race or color? - ANSWER-Civil Right Acts Of 1866 What is the financial document that contains a written promise to fulfill a certain payment? - ANSWER-Promissory note What is the term used to describe the act of replacing an existing mortgage with another? - ANSWER-Refinancing What are not examples of an appurtenant right? - ANSWER-Furnace, swimming pool, air conditioning etc. What is the name given to the banking option that allows a customer to deposit a specified amount for a predetermined period of time? - ANSWER-Certificate of deposit If a seller nets $225,000 after paying a 10% fee, what was the total he received? - ANSWER-$225,000/(1-0.1)=$250,000
Written for
- Institution
- GA Real Estate
- Course
- GA Real Estate
Document information
- Uploaded on
- September 1, 2023
- Number of pages
- 12
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
ga real estate exam practice questions and answers
-
ga real estate exam stuvia
-
when applying for a loan what is a fixed rate
-
what act prohibits discrimination based on race or
Also available in package deal