70 Terms in this set
The CE shop 75-HR GA Final Exam Missed
Questions & Answers Latest Update
What method is most A sworn written request for investigation of a
expedient when asking complaint against a licensee, instructor, or license
GREC to investigate a applicant is most expedient.
complaint?
In terms of A license is permission to do something on
encumbrances, what's a another's land without actually possessing any
license? interest or ownership in the land.
What type of taxation LLCs enjoy the same pass-through taxation as do
does a limited liability partnerships and sole proprietorships, but with the
company enjoy? limited liability of a corporation.
Which of the following is The seller must satisfy all existing liens in order to
a closing cost that's provide clear title to the buyer.
usually paid by the
seller?
Seller Financing: An installment land contract is
financed by the seller and usually results in the
The installment land
seller maintaining legal title to the property until the
contract is what type of
loan is paid off, while the borrower maintains
financing?
equitable title, which means that the borrower has
full rights to use and enjoy the property.
, 70 Terms in this set
A marketable title provides assurance that there are
What's a marketable title? no unrecorded liens or claims on the property.
AKA. A property with a title that is free and clear.
It is fallen out of favor, is no longer used in some
states, and is not allowed by FHA. The practice of
Which of the following
seeking deficiency judgments has fallen out of favor
statements is true about
and is no longer used in some states. Also, the FHA
the practice of seeking
does not allow deficiency judgments against loans it
deficiency judgments?
has insured, and the VA discourages them against
loans it's guaranteed.
What is it called when Adverse possession occurs when someone other
someone other than the than the owner claims title to real property.
owner claims title to real
property?
The primary sources of The primary sources of law in Georgia include case
law in Georgia include law, common law, and statutory law.
case law, common law,
and______ _.
Real estate syndicates are organizations with many
What is a real estate
investors who jointly participate in a real estate
syndicate?
investment.
What type of agency Single
relationship exists if an
agent from ABC Realty
represents a buyer and
the seller is affiliated with
Net Realty?
The CE shop 75-HR GA Final Exam Missed
Questions & Answers Latest Update
What method is most A sworn written request for investigation of a
expedient when asking complaint against a licensee, instructor, or license
GREC to investigate a applicant is most expedient.
complaint?
In terms of A license is permission to do something on
encumbrances, what's a another's land without actually possessing any
license? interest or ownership in the land.
What type of taxation LLCs enjoy the same pass-through taxation as do
does a limited liability partnerships and sole proprietorships, but with the
company enjoy? limited liability of a corporation.
Which of the following is The seller must satisfy all existing liens in order to
a closing cost that's provide clear title to the buyer.
usually paid by the
seller?
Seller Financing: An installment land contract is
financed by the seller and usually results in the
The installment land
seller maintaining legal title to the property until the
contract is what type of
loan is paid off, while the borrower maintains
financing?
equitable title, which means that the borrower has
full rights to use and enjoy the property.
, 70 Terms in this set
A marketable title provides assurance that there are
What's a marketable title? no unrecorded liens or claims on the property.
AKA. A property with a title that is free and clear.
It is fallen out of favor, is no longer used in some
states, and is not allowed by FHA. The practice of
Which of the following
seeking deficiency judgments has fallen out of favor
statements is true about
and is no longer used in some states. Also, the FHA
the practice of seeking
does not allow deficiency judgments against loans it
deficiency judgments?
has insured, and the VA discourages them against
loans it's guaranteed.
What is it called when Adverse possession occurs when someone other
someone other than the than the owner claims title to real property.
owner claims title to real
property?
The primary sources of The primary sources of law in Georgia include case
law in Georgia include law, common law, and statutory law.
case law, common law,
and______ _.
Real estate syndicates are organizations with many
What is a real estate
investors who jointly participate in a real estate
syndicate?
investment.
What type of agency Single
relationship exists if an
agent from ABC Realty
represents a buyer and
the seller is affiliated with
Net Realty?
