Settlement Escrow

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Question 1 of 1

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485547

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The document evidence the VA guarantee of a mortgage loan on behalf of a veteran borrower is called:

Select the correct answer(s).

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485548

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Under the TRID Rule, who is responsible for content, delivery, and timing of disclosures mandated by the Rule?

Select the correct answer(s).

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485549

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Florida industry data reporting laws require that required revenue, loss, and expense data be transmitted to the Office of Insurance Regulation [OIR] annually by _____ of the year after the reporting year.

Select the correct answer(s).

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485550

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Which of the following would be considered the unauthorized practice of law if performed by a non-attorney title agent?

Select the correct answer(s).

(0/0)

485551

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Under the TRID Rule, on a simultaneous-issue [SI] purchase/sale/finance transaction, the title premium for the loan policy [LP] must be disclosed on the Loan Estimate and Closing Disclosure as:

Select the correct answer(s).

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485552

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While it is essential for notaries to perform all required duties fully and to the best of their ability, it is essential that they do not overstep their commissioned authority. Notaries are state-commissioned public officials [F.S. Chapter 117] empowered to preform specified notarial acts, within the boundaries of the state in which they are commissioned. What would NOT be included among authorized act?

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485553

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The simple interest rate of a mortgage loan is reflected on the:

Select the correct answer(s).

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485554

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A Florida title agency must maintain errors and omissions insurance in the minimum amount of $ with maximum deductible of $ _.

Select the correct answer(s).

(0/0)

485555

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On the purchase/sale/finance transaction, the settlement agent must comply with all the following EXCEPT:

Select the correct answer(s).

(0/0)

485556

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On a mortgage finance transaction subject to the TRID Final Rule, what is the first document that must be reviewed with the borrower?

Select the correct answer(s).

(0/0)

485557

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By statute, if at closing the seller signs an affidavit swearing that there is no person in possession of the property or with a claim of possession to the property except the seller, the title policy ____ rights or claims of parties in possession not shown by the public records.

Select the correct answer(s).

(0/0)

485558

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Title agents who prepare documents or conduct closings NOT incident to the issuance of title insurance may be guilty of unauthorized practice of:

Select the correct answer(s).

(0/0)

485559

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The closing agent certification required for FHA loans is regulated under the:

Select the correct answer(s).

(0/0)

485560

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By statute, if at closing the seller signs an affidavit swearing that no improvements have been made to the property within the past 90 days for which payment has not been made in full, the title policy____ any lien or right to a lien for services, labor, or material furnished which is imposed by law and not shown by the public record.

Select the correct answer(s).

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485561

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Settlement Escrow

Question 1 of 1

Time Left

The document evidence the VA guarantee of a mortgage loan on behalf of a veteran borrower is called:

Select the correct answer(s).

(0/0)

Under the TRID Rule, who is responsible for content, delivery, and timing of disclosures mandated by the Rule?

Select the correct answer(s).

(0/0)

Florida industry data reporting laws require that required revenue, loss, and expense data be transmitted to the Office of Insurance Regulation [OIR] annually by _____ of the year after the reporting year.

Select the correct answer(s).

(0/0)

Which of the following would be considered the unauthorized practice of law if performed by a non-attorney title agent?

Select the correct answer(s).

(0/0)

Under the TRID Rule, on a simultaneous-issue [SI] purchase/sale/finance transaction, the title premium for the loan policy [LP] must be disclosed on the Loan Estimate and Closing Disclosure as:

Select the correct answer(s).

(0/0)

Select the correct answer(s).

(0/0)

The simple interest rate of a mortgage loan is reflected on the:

Select the correct answer(s).

(0/0)

A Florida title agency must maintain errors and omissions insurance in the minimum amount of $ ____ with maximum deductible of $ _____.

Select the correct answer(s).

(0/0)

On the purchase/sale/finance transaction, the settlement agent must comply with all the following EXCEPT:

Select the correct answer(s).

(0/0)

On a mortgage finance transaction subject to the TRID Final Rule, what is the first document that must be reviewed with the borrower?

Select the correct answer(s).

(0/0)

By statute, if at closing the seller signs an affidavit swearing that there is no person in possession of the property or with a claim of possession to the property except the seller, the title policy ____ rights or claims of parties in possession not shown by the public records.

Select the correct answer(s).

(0/0)

Title agents who prepare documents or conduct closings NOT incident to the issuance of title insurance may be guilty of unauthorized practice of:

Select the correct answer(s).

(0/0)

The closing agent certification required for FHA loans is regulated under the:

Select the correct answer(s).

(0/0)

Select the correct answer(s).

(0/0)

Which of the following would be considered the unauthorized practice of law if performed by a non-attorney title agent?

Select the correct answer(s).

(0/0)

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Rate Quiz

A Florida title agency must maintain errors and omissions insurance in the minimum amount of $ with maximum deductible of $ _.