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 82 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 toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in
“To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This “To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This
Both individuals and organizations do impression management, trying to communicate messages about ... Both individuals and organizations do impression management, trying to communicate messages about ...
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
A pedigree for a rare autosomal recessive trait. In these pedigrees, most affected individuals have A pedigree for a rare autosomal recessive trait. In these pedigrees, most affected individuals have
The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library