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MyCampus Real Estate Law and Conveyancing II Quiz navigation A 5 6 Question 1 If there is more than one mortgage against a property, their priority is based on their Not yet answered 8 10 11 12 Marked out of 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Next page 31 32 Finish attempt ... Time left 3:58:49MyCampus Real Estate Law and Conveyancing II Quiz navigation 2 A 5 6 Question 10 An interest in real property that exists only during a person's lifetime is known as a n the property. Not yet answered 8 10 11 12 Marked out of 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Previous page Next page 31 32 Finish attempt ... Time left 3:56:48MyCampus Real Estate Law and Conveyancing II Quiz navigation A 5 6 Question 2 Most conventional mortgages are not permitted to be in excess of of the appraised value of the property, although a Not yet answered loan can be made in excess of that amount if it is insured. 10 11 12 Marked out of 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Previous page Next page 31 32 Finish attempt ... Time left 3:58:20MyCampus Real Estate Law and Conveyancing II Quiz navigation A 5 6 Question 3 The most common method to remove or withdraw a mortgage from a title is called a document. Not yet answered 10 11 12 Marked out of 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Previous page Next page 31 32 Finish attempt ... Time left 3:58:07MyCampus Real Estate Law and Conveyancing || Quiz navigation QJ Star A' 'interest rate IS one that uctuates according to the prime rate (or other fixed rate) charged by the lender's Net yet ., answered bank. Marked out of 100 Finish attempt .. Time left 3:57:53 MyCampus Real Estate Law and Conveyancing II Quiz navigation 2 4 5 6 Question 5 If a mortgagee has issued a demand letter and no arrangement has been reached for the payment of mortgage arrears, the next step Not yet in the foreclosure process is for the mortgagee to file a with the Supreme Court and serve it on the answered 8 9 10 11 12 Marked out of mortgagor. 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Previous page Next page 31 32 Finish attempt ... Time left 3:57:42MyCampus Real Estate Law and Conveyancing II Quiz navigation Question 6 2 A 5 6 A takes place when a lender has a property listed for sale under the supervision of the court. Not yet answered 8 9 10 11 Marked out of 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Next page Previous page 31 32 Finish attempt ... Time left 3:57:31MyCampus Real Estate Law and Conveyancing II Quiz navigation 2 A 5 6 Question 7 A conventional mortgage which is insured is known as a mortgage Not yet answered 9 10 11 12 Marked out of 1.00 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Next page Previous page 31 32 Finish attempt ... Time left 3:57:23MyCampus Real Estate Law and Conveyancing || Quiz navigation Qtor 8 Whenever there is a Purchase Agreement for land, two statutes that must always be complied with are the and the Not yet answered Marked out of 100 Select one Ol' more: C] Land Ownership Act :1 Land Title Act :1 Landlord and Tenant Act :1 Property Law Act C] Real Estate Act Finish attempt .. Time left 3:57:08 Previous page MyCampus Real Estate Law and Conveyancing II Quiz navigation 2 4 5 6 Question 9 arises when two or more people own real property together in such a way that there is a right of Not yet answered survivorship. 9 11 12 Marked out of 1.00 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Previous page Next page 31 32 Finish attempt ... Time left 3:56:58