Answer:
The HUD-1 Settlement Statement is a document that lists all charges and credits to the buyer and to the seller in a real estate settlement, or all the charges in a mortgage refinance. If you applied for a mortgage on or before October 3, 2015, or if you are applying for a reverse mortgage, you receive a HUD-1.
Reverse mortgages are the type of loan that typically uses the HUD-1 instead of Closing Disclosure.
This is because the HUD-1 allows for better organization of reverse mortgage terms, allowing everyone involved in the reverse mortgage to better understand their contractual obligations.
It is important to emphasize that the HUD-1 is a document where the terms, values and charges of a real estate contract are presented. As the HUD-1 is designed for use in real estate agreements, its use in reverse mortgages is extremely beneficial.
In relation to reverse mortgages we can state that:
These are mortgage loans;Allows the buyer to access the free value of the property.Allows the promotion of loans to older users.No monthly payment required.Based on this, we can conclude that because it is directly related to real estate loans, the HUD-1 is efficient in presenting and organizing the terms of a reverse mortgage.
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Who argues that individuals have natural rights to life, liberty, and property that constrain what government is allowed to do?
Answer:
John Locke
Explanation:
Answer:Locke
Explanation:
The Food and Drug Administration (FDA) regulates the
distribution of Gensol. The FDA is a federal executive
agency. It has rules about off-label marketing of drugs. In
order for the FDA's rule to hold the weight of law, it
must:
always hold formal hearings.
be approved by Congress.
O adopt any recommendations by the public on the
proposed rule.
publish notice of the proposed rule and allow for
comments before final publication.
Answer:
publish notice of the proposed rule and allow for comments before final publication
To prevent collisions and violations at intersections that have traffic lights, use the ___ to ensure the intersection is clear before you enter it.
Answer:
Delayed acceleration technique
Explanation:
This refers to waiting to go through an intersection until you have a chance to search for other vehicles
When a contract does not accurately reflect the intentions of the parties because of some mechanical or clerical error in the document, what legal action is necessary to correct or modify the contract? Retraction Repeal Reformation Rescission
Reformation is the answer
Hope that helped :)
he state of New Jersey says it is sovereign over certain landfilled portions of Ellis Island. The state of New York disagrees, asserting that it is sovereign over the whole of the island. New Jersey brings an action in the U.S. District Court for the Southern District of New York. Should the court hear the case
Answer:
No, it shouldn't. In the present case, it is a conflict of interest between two states: the states of New York and New Jersey, with respect to Ellis Island and the inter-jurisdictional waters of the Hudson River. Therefore, due to being a controversial matter between two states, the provisions of Article III Section 2 of the United States Constitution, which establishes the original jurisdiction of the Supreme Court in the case. In addition, in case of recourse to the internal courts of a state, a state would be brought to litigate outside its original jurisdiction.
A buyer has made an earnest money deposit of $6,500 on a house selling for $112,500. A lender has agreed to lend 85% of the purchase price at 6% interest for 30 years. If the buyer's closing costs amount to $4,375, how much additional cash must the buyer bring to closing?
Answer:
$14,750
Explanation:
Since the lender has agreed to lend 85% of the purchase price, the buyer must provide 15% of the purchase price.
Purchase Price = $112,500
Cash Deposit (15%) = 15% of 112,500 =0.15 X 112,500 =$16,875
Amount to be Paid by the buyer
= Cash Deposit + Closing Cost
=$16,875 + $4,375
=$21,250
Since the buyer has made an earnest money deposit of $6,500,
The additional cash which the buyer must bring to closing
=Amount to be Paid by the buyer - Earnest Deposit
=21250 - 6500
=$14,750
Cash is a form of legal cash than can be used to trade commodities or pay debts. The value of assets can be turned into cash quickly is commonly referred to as "cash".
Given Information:-
Deposit money=$6,500Sale price=$112,500Interest rate=6%closing costs=$4,375
Since the lender has agreed to lend 85% of the purchase price, the buyer must provide 15% of the purchase price.
Purchase Price = $112,500
Cash Deposit (15%) = 15% of 112,500 =0.15 X 112,500 =$16,875
Amount to be Paid by the buyer:-
= Cash Deposit + Closing Cost
=$16,875 + $4,375
=$21,250
Since, the buyer has made an earnest money deposit of $6,500,
The additional cash which the buyer must bring to closing
=Amount to be Paid by the buyer - Earnest Deposit
=21250 - 6500
=$14,750
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Officer Tom is executing a validly obtained search warrant in Kathryn's home. The warrant gives him the right to search every room in the house but is limited to a search for automatic weapons and handguns. When he walks into the kitchen, he sees an open box filled with small plastic bags containing small pills. A closer inspection reveals that the pills are ecstasy, an illegal narcotic. May Officer Tom seize the drugs even though the warrant did not include a search for drugs. Would the drugs be admissible in court?
Answer:
Drugs would not be admissible in court.
Explanation:
A warrant is a document that authorizes a bailiff to perform certain actions on behalf of the local court. In short, so that the police of a city can make searches in a house, arrest and confiscate objects, things and people, there must be a specific warrant that authorizes the situation, otherwise the police act against the law and have their activity disregarded. .
In the case shown in the question above, we can see that there was a warrant that made it possible to search all rooms in Kathryn's house, but it is limited to a search for automatic weapons and firearms. In this case, even if the police find illegal substances, he cannot arrest them, as he does not have this authorization. If he arrested the substances, they would be disregarded in court.
How long do you go to jail for in US for impersonating a police officer? (NOTE: I KNOW THE ANSWER, IF YOU ARE WRONG, I WILL REPORT YOU AND GET YOU BANNED FOREVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
Answer:
Depending on state law, impersonating a police officer may be considered either a felony or a misdemeanor. Punishments for impersonating a police officer include: Imprisonment up to five years :D
Alcohol is a factor in _______ % of Florida crash costs.
Alcohol is a factor in
A. 15
B. 20
C. 30
D. 40
The correct option is C). 30. Alcohol is a factor in 30% of Florida crash costs.
What is the major factor in Florida crash?Alcohol is the major factor that contributes in 25% of Florida's crash costs.
Alcohol-related crashes in Florida cost estimated around $7.8 billion to the public in 2000, including $3.5 billion in terms of monetary costs and around $4.3 billion in terms of life losses.
However, Florida has adopted "no-fault" car insurance state, that makes insurance claim process more efficient after a car accident.
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What are your final thoughts about Larry Lessig’s video and his arguments about copyright?
I believe that Larry Lessig's arguments are very important for us to understand copyright and its importance for those who own it. That's because Lessig can show us that creating something requires effort, work and dedication that are often demanded of a single person. Allowing anyone to use the work created by someone who has given so much of themselves can be cruel. In other words, through his arguments we can see that the creators have the total right to own their works and limit their destruction, since the creation of that work required so much of him / her.
24.
Most police academies strive to blend training with education.
25.
Generally, basic preservice training is academy-based training that introduces recruits
to police work, provides an overview of the justice system, and includes classes on
specific skills and knowledge areas related to police work.
In addition to the traditional skill-based subjects (e.g., firearms, defensive tactics) and
concepts (e.g., criminal law) taught in basic pre-service training, recruits should be
required to master subjects related to
26.
27.
Obedience-oriented, military-style, stress recruit training programs
28.
Stress-related training in police academies, where it exists, should
29.
The Field training officer (FTO) is a knowledgeable, seasoned, and competent officer
trained in adult education and evaluation procedures, who supervises recruits' on-the-job
(field) training
Answer:
29 the field training officer fto
legal principles applicable to execution of a will in kenya
Answer:
In testate succession, you need to file the following documents • Form P.A 78 (petition) • Form P & A 3 (affidavit) • the original will plus 2 photocopies of the will & • original death certificate. contains the prayers, if one wants to be an executor or administrator.
Explanation:
Side note: there is a PDF form on google that you can look at about this topic also.
LEA
What is rule of law
Answer:
the principle that all people and institutions are subject to and accountable to law that isfairly applied and enforced; the principle of government by law.
How did the Supreme Court's New Jersey v. T.L.O. decision affect civil
liberties for U.S. citizens?
Answer:
There was a backlash in the ruling and they felt their civil liberties would be compromised.
Explanation:
Tracy Lois Odem was caught in school smoking with some friends and her purse was searched and cigarette wrapping paper was found in it . There was an assumption of her being a marijuana smoker due to this finding. This made her to be arrested and tried and was convicted of one year in a lower court. However she appealed and was tried again by the Supreme Court which rendered the searching of her belongings as constitutional due to reasonable suspicions of her breaking the rules of the school.
A major influence on Fourth Amendment rights as well as general civil freedoms for Americans, by the Supreme Court's ruling, had on New Jersey v. T.L.O
The Supreme Court considered whether searches undertaken by school administrators in public schools were under the Fourth Amendment's purview in this decision.
Against unjustified searches and seizures upheld by the Supreme Court, the Fourth Amendment's safeguards decided that schools are subject to these protections.
The "reasonable suspicion" requirement for searches carried out by school personnel was established by the ruling in the case of New Jersey v. T.L.O.
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How might Aristotle reply to the claim that individuals should be free to pursue their own conceptions of the good life and that participating in politics is only one life option among many? a) Participating in politics, broadly conceived as the practice of deliberation, is actually the condition for the ability to pursue one’s own conception of the good life. b) One can only achieve the good by receiving the highest honors in the city. c) Although the state should guide people’s life choices, it should not enforce any conception of the good through law. d) One should avoid participating in politics only if it detracts from one’s happiness. e) All of the above.
Answer:
Correct Answer:
e) All of the above.
Explanation:
Aristotle, as one of the greatest philosopher ever lived wrote discusses on various aspect of life. One of them was his works on good life. According to him, good life is one in which a person cultivates and exercises their rational faculties which could be engaging in scientific inquiry, philosophical discussion, artistic creation, or legislation. This is because,what separate humans from animals is the human reason to rationalize things.
Answer: A
Explanation:
Which of the following best describes a green light purpose
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