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____________________ agency is the representation of two or more principals in a
transaction by the same agent.
_________________________ loans provide a "piece of the action" for insurance
companies as well as more inflation protection than a fixed rate of interest.
A package mortgage involves several properties under the same mortgage.
____________________ zoning refers to the rezoning of a small area of land in an
existing neighborhood.
The property tax rate may be expressed as a mill rate, dollars per thousand or dollars
per hundred.
The federal Equal Credit Opportunity Act prohibits discrimination based on age, sex,
marital status and ____________________.
The "To have and to hold clause" is also known as the ____________________ clause.
Monetary inflation can be controlled by keeping the growth in the monetary supply
parallel to the growth in productivity.
Outside of the closing means a party to the closing has paid someone directly and not
through the closing.
The principle that holds that maximum value realized when a reasonable degree of
homogeneity is present in a neighborhood is known as the principle of
____________________.
The homeowner has made regular mortgage payments over ten years and the housing
values in the neighborhood have steadily risen. The equity has steadily increased.
The practice of lenders to refuse to make loans in certain areas regardless of the quality
of the structure or the borrower's ability to repay the loan is called
____________________.
A municipality is installing all new traffic signals. The cost of this project would most
likely be paid for by means of a bond issue.
The first step toward mortgage loans with adjustable interest rates came in the late
1800s.
A proper legal description of land must uniquely ____________________ and bound
the parcel.
A buyer makes an initial deposit of $10,000 to buyer a $400,000 house. The buyer
withdraws the offer before the seller accepts it. The broker should dispose of the buyer's
earnest money by splitting it with the seller according to the terms of their commission
agreement.
