Author Question: Ann Nielson is closing on her purchase of a townhome. Her annual property taxes are 3,600. The taxes ... (Read 203 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?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library