Title insurance premiums are paid
A) once, at the time the policy is issued.
B) monthly, with the mortgage payment.
C) semiannually, along with the property taxes
Answer: A) once, at the time the policy is issued.
You might also like to view...
Jeanette Thompson, a native Texan is being sent by her company, Nestle of Switzerland, to head up a new facility in Hong Kong. Jeannette would be considered a(n):
A. Host-country national B. Third-country national C. Global trotter D. Globalite executive E. Expatriate
What are the tax consequences if Maksim makes a partial rollover of his 401(k) plan assets?
A) He must only pay income tax on the amount retained. B) He must only pay a 10% penalty on the amount retained. C) He must pay a 10% penalty plus income tax on the amount retained. D) Because partial rollovers are permitted, he does not have to pay income tax or the 10% penalty on the amount retained.