Escrow Final Test With Questions And Answers.1.an administrator is appointed by the court if the property owner: dies without a will
2.Any discrepancy of facts presented by the beneficiary are usually cleared up by obta
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Escrow Final Test With Questions And Answers.1.an administrator is appointed by the court if the property owner: dies without a will
2.Any discrepancy of facts presented by the beneficiary are usually cleared up by obtaining a signature
of approval from: A. The buyer
B. The Seller
C. both a and b *
D. none of the above
3.as a general rule, its best to make your instructions: brief and to the point
4.Before being accepted by the office of the recorder, all deeds, deeds of trust, or any other documents
to be recorded must be acknowledged by: a notary public
5.the body of lay adopted throughout the US that standardizes: Uniform Commercial code
6.the broker will formalize the exchange with a type of deposit receipt called a: exchange agreement
7.By recording the request for notice as an accommodation, the title company will: have no liability for its
validity or sufficiency
8.CC&R's refer to: covenants, conditions, and restrictions
9.completing the settlement sheet is usually the: last step in the closing process
10.The cost of a binder policy is: 10% of the basic title insurance rate
11.a counterclaim against the beneficiary based on a dispute about the amount or terms of the obligation
is called: owners offset statement
12.the determining factor in preparing a second deed of trust is the: time of recording
13.The document that authorizes an attorney in fact to act as agent for the principal is called: a power of
attorney
14.during probate, public notice is published in a newspaper of general circulation: A. to notify creditors
that the decedents estate is being distributed
B. to notify anyone owing the decedent money that all debts are forgiven
C. to ratify the original publishing an obiturary
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