The documents sent by the real estate lender to the escrow agent or closing attorney in order to conduct the closing is the:
a. Loan package
b. Escrow bundle
c. Closing status documents
d. Escrow trust confirmation
A
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The owner of a store sees that a patron has started to head towards an open elevator pit but does not
call out a warning to the patron, who falls into the pit. The patron will claim that a suit against the owner is not barred because of the doctrine of A) "momentary forgetfulness" B) last clear chance C) "knowledge of peril" D) "avoidable consequences"
?Describe the parties' duty to disclose under FRCP 26 and its relationship with traditional methods of discovery.
What will be an ideal response?
In the past, a short sale resulted in a large tax burden to the former homeowner in the amount of the uncollected and forgiven mortgage debt. Some relief for this burden is now found in:
a. The doctrine of estoppel. b. The Making Home Affordable Program. c. The Mortgage Forgiveness Debt Relief Act. d. A loan modification.
What was the basis of the discrimination claimed in Levy v. Louisiani?
a. Discrimination based on gender b. Discrimination based on marital status c. Discrimination based on birth status d. Discrimination based on social status