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Colorado Real Estate Exam Preparation:Colorado Real Estate Exam Study Guide
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Title Theory
(Ans- lender owns, borrower has equitable title
Hypothecation
(Ans- pledging property as collateral for a loan without giving up possession
Mortgagee
(Ans- Lender
Mortgagor
(Ans- borrower
Non Judicial foreclosure
(Ans- *CO: Public trustee has power to foreclose
1.Lender complains 2. Notice given 3. trustee sells after 125 days
Strict foreclosure
(Ans- No sale.
Full legal title given to lender, loss of equity for borrower
Judicial foreclosure
(Ans- done through courts in *Title Theory states
Conversion
(Ans- illegal use of entrusted money
Comingling
(Ans- mixing client monies or mixing with personal monies
Express Agency
(Ans- Actual, formal written agreement establishing terms and conditions
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Specificaties
- School: Chamberlain College Of Nursing
- Opleiding: NURSING
- Studiejaar: 2023-2024
Document
- Rubriek: Tentamens
- Gemaakt op: 12-01-2024
- Type: .pdf
- Pagina's: 16
- Taal: English
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VolgenHello, my documents are 100% guaranteed to help you Ace in your studies, my goal is to empower and help you in your career, i represent more professional nursing specialties and other courses.
I'm a friendly person, don't hesitate to contact me.
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