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부동산

Real Estate Law 80

2019.05.15 15:40 Views : 98

Check Your Understanding Answers

  1. Explain marketable title.

    A marketable title is one that is so free of defects that the buyer is certain he or she will not have to defend the title.
     
  2. What is the purpose of the preliminary title report?

    The report shows the condition of the title before the loan or sale transaction.
     
  3. Describe a title insurance commitment. 

    The title insurance commitment is an agreement by the insurer to issue a title policy for a specific premium. The commitment includes the conditions and exceptions the actual policy will have. The title commitment document is in the same format as the title insurance policy but it is NOT an insurance policy.
     
  4. Who needs title insurance and why? 

    Both the buyer and the lender need title insurance. Insurance for the buyer ensures a clear title and protects his or her investment. Insurance for the lender protects the lender’s interest in the property.
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No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2202
Notice 부동산 용어 (A to Z) 2019.03.03 1440
321 Real Estate Law 26 2019.05.07 99
320 Real Estate Law 44 2019.05.09 99
319 Real Estate Law 63 2019.05.12 99
318 Real Estate Law 55 2019.05.11 100
317 TEST 14 2019.03.07 101
316 Real Estate Law 42 2019.05.09 101
315 Real Estate Law 17 2019.05.06 103
314 Real Estate Law 50 2019.05.10 103
313 Chapter 22 Conclusion 2019.03.26 104
312 Real Estate Practice - 28 (Understanding-Answers) 2019.04.26 104
311 Real Estate Law 13 2019.05.05 104
310 Real Estate Law 33 2019.05.08 104
309 Real Estate Law 45 2019.05.09 104
308 Real Estate Law 52 2019.05.10 104
307 Chapter 10 Conclusion 2019.04.16 105
306 Real Estate Law 23 2019.05.07 105
305 Real Estate Law 37 2019.05.08 105
304 Real Estate Law 77 2019.05.13 105
303 accrued expenses 미지급비용 2019.05.15 105
302 Real Estate Practice - 37 (Understanding-Answers) 2019.04.29 106
301 Real Estate Law 43 2019.05.09 106
300 TEST 15 2019.03.07 107
299 Real Estate Law 83 2019.05.15 107
298 Real Estate Law 85 2019.05.15 107
297 8645 Butte Circle Unit#601E, Huntington Beach, CA 92646 2021.12.05 107
296 CHAPTER 1 file 2019.02.27 108
295 Real Estate Practice - 38 (Understanding-Answers) 2019.04.29 108
294 Real Estate Law 20 2019.05.06 108
293 Real Estate Law 30 2019.05.07 108
292 Real Estate Law 46 2019.05.10 108