Alabama Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 400

What is an example of a requirement in mortgages and notes?

Color of the house

Requirement to get approval before renovations

The correct answer is B. A requirement in mortgages and notes refers to conditions or terms that must be met or fulfilled in order to secure the loan or execute the agreement. The other options listed are not relevant to mortgages and notes. Option A, color of the house, is a personal preference and does not impact the loan or agreement. Option C, number of pets allowed, does not affect the terms of the mortgage or note. Option D, preferred landscaping company, is not a necessary condition for obtaining the loan or executing the agreement. Therefore, option B, requirement to get approval before renovations, is the only option that is directly related to mortgages and notes.

Get further explanation with Examzify DeepDiveBeta

Number of pets allowed

Preferred landscaping company

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy