Real Estate Mortgage Completion Date Quiz

Real Estate Mortgage Completion Date Quiz

Created by
@CongratulatoryHawkSEye

Questions and Answers

What is the completion date in a real estate transaction?

The date when the money is transferred to the seller and the land title is transferred to the buyer

What is the possession date in a real estate transaction?

The day the purchaser gets the keys and physical access to the property

What is the adjustment date in a real estate transaction used for?

To tally up the debits and credits to balance out the deal

What is the significance of July 1st in relation to property taxes?

<p>It is the cut-off day for taxes, marking the start of a new tax year</p> Signup and view all the answers

What does it mean when the vendor has paid the annual taxes for the property?

<p>The vendor has already settled the taxes for the current year</p> Signup and view all the answers

Match the following promotional tools with their primary usage:

<p>Personal selling = Direct interaction with potential customers to make sales Advertising = Paid communication through various media to promote a product or service Public relations = Managing the spread of information between an individual or organization and the public Sales promotion = Short-term incentives to encourage the purchase or sale of a product or service</p> Signup and view all the answers

Match the following components with their role in marketing:

<p>Target market = Specific group of potential customers for a product or service Promotional objectives = Goals to be achieved through marketing activities Proper blending of components = Creating a cohesive marketing mix to meet the needs of the target market Desired promotional objectives = The specific outcomes or results intended to be achieved through promotional efforts</p> Signup and view all the answers

Match the following terms with their definitions:

<p>Styling = Applying visual design to elements on a web page Promotion = Activities aimed at encouraging the purchase or sale of a product or service Components = Individual elements that make up a whole Scripting = Writing code to automate tasks or create interactive elements on a web page</p> Signup and view all the answers

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