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

Author Question: The lender's specific requirements that must be observed in connection with the loan documents ... (Read 16 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Aug 3, 2018
The lender's specific requirements that must be observed in connection with the loan documents before the attorney or closing agent may be authorized to record documents and disburse the loan funds is the:
 
  a. Recordation and disbursement letter
  b. Good faith letter
  c. Closing instruction letter
  d. Loan commitment letter

Question 2

Distinguish between a condition and a covenant.
 
  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

jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Aug 3, 2018
Answer to Question 1

C

Answer to Question 2

A condition is a fact or event, the happening or nonhappening of which creates or
extinguishes an absolute duty to perform, and a covenant is that absolute duty.


Beheh

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Aug 3, 2018
Thanks


jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Aug 3, 2018
Welcome :)


« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

The enhancement effect observed by Emerson. The enhancement effect observed by Emerson.
Alexander Fleming photographed in his lab where he observed the natural competition between a fungus Alexander Fleming photographed in his lab where he observed the natural competition between a fungus
Darwin observed that tortoises on islands that are arid tend to have saddle-shaped shells, allowing Darwin observed that tortoises on islands that are arid tend to have saddle-shaped shells, allowing
Measuring the Specific Gravity of Urine with a Refractometer Measuring the Specific Gravity of Urine with a Refractometer
Site-specific recombination event catalyzed by RAG1 and RAG2 Site-specific recombination event catalyzed by RAG1 and RAG2
Video: Body plan of euglena Animation

For a complete list of videos, visit our video library