Who is an assignor of a lease?
A) a tenant who partially transfers his or her rights under a lease
B) a tenant who transfers all of his or her rights under a lease
C) a landlord whose property has been assigned
D) a landlord who sells property that has already been leased
B
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A mortgage broker pays for title services on behalf of a developer. In return, the developer agrees to refer prospective buyers to the mortgage broker. Who has violated RESPA?
a. The mortgage broker b. The developer c. Both the mortgage broker and the developer d. Neither the broker nor the developer
Hyde Corp.'s cash budget showed total available cash less cash disbursements. What does this amount equal?
a. Ending cash balance b. Total cash receipts c. The excess of available cash over cash disbursements d. The amount of financing required