Real Estate Principals lesson 3
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show | a charge imposed
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specific lien | show 🗑
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general lien | show 🗑
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all liens are encumbrances but? | show 🗑
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voluntary lien | show 🗑
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promissory note? | show 🗑
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straight note (term note) | show 🗑
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show | not constant
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in a partially automized loan | show 🗑
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show | negative amortization is the result
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amortization? | show 🗑
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amortization tables? | show 🗑
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nominal rate | show 🗑
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effective rate | show 🗑
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simple intrest | show 🗑
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show | simple interest
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variable interest | show 🗑
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negotiable instruments | show 🗑
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is a trust deed or mortgage contract a negotiable instruent | show 🗑
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show | selling a note for a cheaper value than face amount
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show | the borrowers would be committed both together and seperatley
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show | joint and several note
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trust deed or mortgage contract | show 🗑
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mortgage contract has how many patries? | show 🗑
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show | three
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show | trustor-owner,beneficiary-lender,trusteee-nutral third party
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show | reconveyance deed
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how long does a foreclosure on a trust deed take? | show 🗑
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in a mortgage contract how long does an owner have to redeem? | show 🗑
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show | a sheriff's deed
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show | trustee's deed
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show | up until five days before the sale of the property
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show | until the day of sale
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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