"Marketable title" exists when
A) the home is reasonably priced.
B) there are several claims on the title.
C) the title is free from all claims by third parties.
D) you list the home with a real estate agent.
Correct Answer:
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Q39: "Earnest money" is equal to
A)the down payment
Q40: A net listing agreement
A)provides the seller a
Q41: Fixed rate mortgage typically have a
A)higher initial
Q42: On a fixed rate mortgage,
A)the contract rate
Q43: Closing costs are also termed
A)settlement costs.
B)recognition costs.
C)listing
Q45: Points paid at closing are for payment
Q46: You are least likely to favor added
Q47: Title insurance protects you from
A)claims on your
Q48: Which one of the following would not
Q49: A warranty on the sale of an
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