State exam final preps

The purpose of a binder deposit (earnest money) includes all of the following, but

The second mortgage on the buyers closing statement should be entered as which of the following?

Cindy is a tenant of an apartment complex and is a friend of the owner. The owner is going on an extended vacation and has asked Cindy to manage the apartment complex for him while gone. In return Cindy will receive free rent, and for each unit she rents, she'll receive $300. If Cindy takes the job, who (if any) have broken the law?

All of the following items are relevant when estimating the value of a business, but

Which of the following is the federal law that requires a buyer to receive a loan estimate of closing costs?

According to Florida's Save Our Homes Act, the assessed value of homestead property cannot be increased in any one year by more than which of the following?

Which term is used to describe a property use that predates the current zoning ordinance but is allowed to exist for at least a period of time?

What is a parol contract?

The broker's responsibility at the closing is to do what?

Which appraisal principal states that when a higher-priced property is constructed in an area of lower-priced properties, the higher-priced property will decrease in value toward the level of the less expensive properties in the area?

The federal reserve has several methods for controlling the money supply. Which of those methods is generally considered to be least effective method?

Paul paid a $1,200 security deposit. He has reached the end of his lease and is vacating the premises. What must is landlord do?

If a mortgage loan payment consists of interest only, what term refers to the final payment that includes the full amount borrowed?

Property that is contained within today's residential subdivision is normally described using which of the following methods of legal description?

Which clause in a mortgage requires the lender to acknowledge performance by the borrower?

What is the term used in real estate transaction to describe the party who receives an offer?

Under what government power can the state acquire the title to a piece of property, if they cannot locate the proper owner?

With which type of warrant does the grantor of a deed promise that they will sign any documents in the future that would be necessary to maintain quiet title?

Which clause found in a mortgage would state that the lender could only look to a property itself for satisfaction of the mortgage debt?

A seller gives a buyer a deed but the buyer moved into the property without recording it. Which method of providing evidence of ownership has been used?

Which secondary lender was originally created to purchase conventional loans that were originated by savings and loan associations?

In the cost depreciation approach to value, all of the following cost estimating methods are available to help estimate the building reproduction cost but

A licensee who negotiates a contract between the seller and purchaser for the sale of real estate without notice is in violation of the statue of frauds. What will be the result?

In order to help maintain and possibly improve the values in a subdivision the developer may make a series of rules to be recorded to ensure conformity. These rules are called what?