1 lenders will not accept a mortgage as security on, Ask an Expert

Finance

1. Lenders will not accept a mortgage as security on property unless a written estimate of its fair market value has been provided to the lender. This writen estimate of fair market value is called?

2. Which type of ownership combines estate in severalty and tenancy in common?

A. LLC

B. cooperative

C. joint tenancy

D. condo

3. Each of the following is a characteristic of property rights EXCEPT that rights

A. Can be used only when permission is given

B. are claims the government is obligated to enforce

C. are enduring

D. may not be revoked without due process or just compensation

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92267921

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