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The following property description is an example of which method of describing real estate? "Starting at a point on the southerly side of Victoria Štreet, 100 feet easterly from the corner formed by the intersection of the southerly side of Victoria Street and the easterly side of Monterey Street; then.." A - rectangular survey B - metes and bounds C - lot, block, and tract D - government survey

The following property description is an example of which method of describing real estate? "Starting at a point on the southerly side of Victoria Štreet, 100 feet easterly from the corner formed by the intersection of the southerly side of Victoria Street and the easterly side of Monterey Street; then.." A - rectangular survey B - metes and bounds C - lot, block, and tract D - government survey

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The following property description is an example of which method of describing real estate? "Starting at a point on the southerly side of Victoria Street, 100 feet easterly from the corner formed by the intersection of the southerly side of Victoria Street and the easterly side of Monterey Street; then..." A - rectangular survey B - metes and bounds C - lot, block, and tract D - government survey Question 2 A loan applicant has no funds for a down payment but has income in the form of public assistance sufficient to repay the loan. What law prevents discrimination by the lender towards the loan applicant due to the source of her income? A - Real Estate Settlement Procedures Act (RESPA) B - Truth in Lending Act C - Equal Credit Opportunity Act D - Community Reinvestment Act of 1977
Transcribed Image Text:The following property description is an example of which method of describing real estate? "Starting at a point on the southerly side of Victoria Street, 100 feet easterly from the corner formed by the intersection of the southerly side of Victoria Street and the easterly side of Monterey Street; then..." A - rectangular survey B - metes and bounds C - lot, block, and tract D - government survey Question 2 A loan applicant has no funds for a down payment but has income in the form of public assistance sufficient to repay the loan. What law prevents discrimination by the lender towards the loan applicant due to the source of her income? A - Real Estate Settlement Procedures Act (RESPA) B - Truth in Lending Act C - Equal Credit Opportunity Act D - Community Reinvestment Act of 1977
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