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In a situation where all the documents are not yet available but it would be difficult to
reschedule the closing meeting, the parties may agree to a ____________________
closing.
Under a construction loan, also called a(n) ____________________ loan, money is
advanced as construction takes place.
A(n) ____________________ contractor is one who contracts to do work according to
their own methods and is responsible to his employer only for the results of that work.
The funds for a loan secured by a deed of trust are supplied by the beneficiary.
____________________ means the borrower retains the right to possess and use the
property while it serves as collateral.
An agreement by the insurer to modify a basic policy, also called a rider or attachment,
is known as a(n) ____________________.
Buildings or other improvements do not need to be mentioned in the deed because they
are considered to be part of the ____________________.
Continuing education requirements exist for the purpose of requiring licensees to stay
up-to-date in their field.
An oral will, more properly known as a nuncupative will, is a will spoken by a person
who is very near death.
To recall and make void is to ____________________.
During a "dry closing" the deed is disbursed to the buyer.
Separate property can be conveyed or mortgaged without the signature of the owner's
spouse.
An accounting of funds to the buyer and the seller at the completion of a real estate
transaction is called a settlement statement.
Regulation Z deals with annual percentage rates.
An example of a limited common element could be an assigned
____________________ stall.
Property owned before marriage and property acquired after marriage by gift,
inheritance, or purchase with separate funds are all considered the couple's community
property.
