Multiple Choice
Recording documents in the public records informs anyone who may have a potential interest in a property of both the owner and lender. In so doing, it provides what is commonly referred to as ____________ of an interest in real property.
A) mutual assent
B) constructive notice
C) consideration
D) simultaneous issue
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Which of the following contract elements is
Q21: Since the issues in many transactions are
Q22: Since the seller often has utilized the
Q23: If a property transaction is scheduled to
Q24: When a buyer signs an offer to
Q25: The laws of some states require that
Q26: Contracts for sale may contain sections that
Q28: Certain closing costs will be prorated to
Q29: In accordance with RESPA, whenever a buyer
Q30: If property owners fail to pay their