FIN 3351 Study Guide - Mortgage Broker, General Agent, Escrow
Document Summary
The obligation and duty the broker owes to the owner: general agent: business firm, in its business relationships. one who is empowered to represent a principal, often a, internet marketing: services, to market properties, and to provide information about specific properties. 13 key terms: all plus: counteroffer, parol evidence rule, respa: Is a federal law that requires federally chartered unacceptable, the seller makes a new price. Look at the contract! or insured lenders (banks, etc. ) to provide buyers and sellers of 1 to 4 family homes, cooperatives and condominiums with information on settlement costs. Loan closing information must be prepared on this form. Anything of value given to induce another party. The transfer of the original lessee"s rights under. Event at which possession and title to real estate the lease contract to another tenant. normally are transferred from seller to buyer to enter into a contract satisfied by or for a party to a contract (see #34!!)