Author Question: Ann Nielson is closing on her purchase of a townhome. Her annual property taxes are 3,600. The taxes ... (Read 164 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
Ann Nielson is closing on her purchase of a townhome. Her annual property taxes are 3,600. The taxes are due on April 30th of each year. Ann is closing on July 15th. Her first full payment on her mortgage will be on September 1st. What is the maximum amount that Ann can be required to pay into escrow for the taxes?
 A)600 or two months' taxes
 B)600 or two months' taxes plus two months or 1,200
 C)1,800
 D)3,600

Question 2

Rob and Cher Morgan own a single-story home in a subdivision in Chevy Chase, Maryland. Their neighbors who live behind them have nearly completed a renovation and remodeling project of their home whereby they will be adding a second story and attic space. The result is that the Morgans' backyard is under shade most of the day. Also, the Morgans feel their privacy is breached because, from the second story, all of the Morgans' backyard and windows are visible.
 A) The Morgans have a right to light and could obtain an injunction against the second story.
 B) The construction and renovation are a trespass to the Morgans' light.
 C) Absent any state statute, the Morgans have no rights to stop the renovation and remodeling.
 D) The neighbors' renovation is a nuisance for its interference with the Morgans' use and enjoyment of their property.



lkoler

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library