Valid MLO Dumps shared by ExamDiscuss.com for Helping Passing MLO Exam! ExamDiscuss.com now offer the newest MLO exam dumps, the ExamDiscuss.com MLO exam questions have been updated and answers have been corrected get the newest ExamDiscuss.com MLO dumps with Test Engine here:
Which of the following documents is a real estate conveyance?
Correct Answer: A
A quit claim deed is a legal document used in real estate transactions to convey ownership or interest in a property from one party to another. It transfers the grantor's interest in the property without any warranties or guarantees about the property's title. * Promissory notes (B) represent a borrower's promise to repay a loan. * Mortgage instruments (C) create a lien on the property but do not convey ownership. * Occupancy certificates (D) certify that a property complies with regulations for occupancy but are not involved in transferring ownership. References: * Real Estate Law on property conveyances * Fannie Mae Deed and Title Transfer Guidelines