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This is a Multiple Answer type question.  Please choose EACH…

This is a Multiple Answer type question.  Please choose EACH correct response. Which of the following are true statements regarding ALTA?

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Multiple ChoiceThe presumption of law that charges a purchas…

Multiple ChoiceThe presumption of law that charges a purchaser with the responsibility of learning about all title matters that would result from an inspection of the property or an examination of the public real property records is known as:

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TRUE/FALSELoan policies, obtained primarily to protect the l…

TRUE/FALSELoan policies, obtained primarily to protect the lender, require a more stringent title search than an owner’s policy. 

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TRUE/FALSEParalegals are often involved in the preparation a…

TRUE/FALSEParalegals are often involved in the preparation and review of leases. 

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Multiple Choice – Dropdown box A bona fide purchaser is a pe…

Multiple Choice – Dropdown box A bona fide purchaser is a person who purchases property in [blank] for valuable consideration without notice of any claim to or interest in the property by any other party.

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TRUE/FALSEIf property is located in more than one county, it…

TRUE/FALSEIf property is located in more than one county, it may be necessary to conduct a title examination in each county in which the property is located.

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Multiple Choice: Please read the following hypothetical scen…

Multiple Choice: Please read the following hypothetical scenario and answer the question that follows. Bob Wilson purchased 168 acres of beautiful land from John Smith. Bob did not realize that a year ago John borrowed a large sum of money from his older sister, Sue Smith, using the land as collateral for the loan. John had, in fact, drawn up a mortgage document and given it to his sister (Sue) but he never recorded it in the probate office of the county courthouse. Bob Wilson used a real estate attorney (Clyde Harper) to close on the property. The attorney’s paralegal ordered a title search and the search showed that John had “good title” to the land. Bob paid for the land in full with a certified check the day of the closing and the very next week John flew to Jamaica and left no forwarding address (he paid cash for a small business, which was a small bar on the beach with an attached apartment, where he planned to live out his days). Sue found out that John had sold the property and left the country.  She did not know his location in Jamaica and she was terribly upset about the entire circumstance.  She immediately made an appointment with a different attorney (Joe Morgan) because she wanted to take legal action to try to get her money from Bob based on the mortgage drawn up by her brother John. (Please choose the best possible answer to the following question) Most likely, attorney Joe Morgan will inform Sue that:

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TRUE/FALSEOne of the reasons it is so important to record re…

TRUE/FALSEOne of the reasons it is so important to record real estate documents and examine public records regarding sales of real property is because of the existence of the “bona fide purchaser for value rule”. 

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Multiple Choice: Drop-down boxRelated to the scenario above,…

Multiple Choice: Drop-down boxRelated to the scenario above, Sam Goodson has signed a [blank] lease.

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Which of the following statements concerning the chemical st…

Which of the following statements concerning the chemical structure of an antibody is FALSE?A) Antibodies are formed of four polypeptide chains.B) Antibodies have two long peptide chains known as heavy chains.C) Antibodies have two short peptide chains known as light chains.D) The stem and arm are connected by a hinge.E) The heavy and light chains are connected by hydrogen bonds.

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