This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discuss the most prevalent reasons individuals file for bankruptcy. What will be an ideal ... (Read 45 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Aug 3, 2018
Discuss the most prevalent reasons individuals file for bankruptcy.
 
  What will be an ideal response?

Question 2

What is a title report and what role does it play in the real estate transaction?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Aug 3, 2018
Answer to Question 1

Student should discuss loss of employment, divorce, death of a spouse, natural disasters, living beyond one's means, poor money management, and economic conditions.

Answer to Question 2

A title report is a summary report that provides a legal description of the real estate, describes how the sellers acquired ownership, identifies anything impacting that ownership, and lists items that might affect the ability to give good title to the buyer. Its role is to list any clouds on the title.
In order for good title to be conveyed all the clouds on title must be removed. So in essence the title report lists items the seller must resolve to convey good title.


laurencescou

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Aug 3, 2018
Thanks


chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Aug 3, 2018
Welcome :)


« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
A biological profile from the bony remains of an individual may be preferable to a DNA profile for a A biological profile from the bony remains of an individual may be preferable to a DNA profile for a
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
A medical assistant listening to the patient and physician discuss the patient's care. A medical assistant listening to the patient and physician discuss the patient's care.
Client files are kept in alphabetical order in locked file cabinets. Client files are kept in alphabetical order in locked file cabinets.
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library