Questions (47) and (48) go together: San Nicolas Development…

Questions (47) and (48) go together: San Nicolas Development is developing the pro forma for Mitchell Fountains, a 25-acre mixed-use lifestyle center in downtown Lutz. San Nicolas Development is borrowing $275,000,000 from Eubank & Frank Bank, N.A. Mitchell Fountains will be developed in seven phases. Phase 1 is the retail/restaurant component, Phases 2 and 3 will be residential apartments, Phases 4, 5, and 7 will be office towers, and Phase 6 will be a mini-storage facility. Eubank & Frank Bank requires a 10% retainage from all funds it disburses to San Nicolas Development’s general contractor. San Nicolas Development has attended to this situation by making capital calls to its partners. When San Nicolas Development wants access to the retainage balances at the end of each draw, it obtains _____________________  from its general contractor. (Select one answer only.)

Questions (42) and (43) go together: Eustice Investment Port…

Questions (42) and (43) go together: Eustice Investment Portfolio 2021-W constructed Breen Tower, a 10-story condominium building containing 40 total units for sale. Eustice Investment Portfolio offers a large number of luxury elements in each unit, as well as a number of common area areas such as a spa, exercise room, a pool, and covered parking spots. Eustice Investment Portfolio has listed Breen Tower’s units for sale with Cable FLA Brokerage, Inc. While anyone, including any real estate agent or Cable FLA, can sell units at Breen Tower, Cable FLA Brokerage will be commissioned even if Cable FLA was not the “procuring cause” of the sale. Using only these facts, and assuming no other circumstances, Cable FLA Brokerage’s listing agreement with Eustice Investment Portfolio is a(n): (Select one answer only.)

An object is place 20 cm to the left of a converging lens (f…

An object is place 20 cm to the left of a converging lens (f = 10 cm). A second converging lens (f = 20 cm) is placed 60 cm to the right of the first lens. Draw the complete ray diagram for full credit. a. Find the final image distance in cm, measured relative to the second converging lens.

Long before Alzado Banque’s loan to Tweedy & Sons Developmen…

Long before Alzado Banque’s loan to Tweedy & Sons Development closed, Ms. Kroll was given basic information about the property to be collateralized by the mortgage (e.g., street address, tax parcel number). Before Alzado Banque’s lawyers could prepare the Closing Documents, Attorney Kroll issued a title _____________________  related to Tweedy & Son Development’s property. (Select one answer only.)

Questions (38) and (39) go together: Danny Burnside entered…

Questions (38) and (39) go together: Danny Burnside entered into a Purchase Agreement with Hamblin Douglass, Ltd. to buy Findley Jones Tower in Tampa. The Tower was built in 2011 by Ellen Ashby Constructors using state of the art technology and materials. An issue of concern is that the Tower was built adjacent to a former chemical manufacturing storage facility. As part of its _____________________, Danny Burnside had his engineers investigate the soil quality under and around the Tower. (Select one answer only.)

As the final predicate towards issuing the Owners and Lender…

As the final predicate towards issuing the Owners and Lender Title Policy after the sale of Lawson Circle, Attorney Gretchen Tennant recorded the Warranty Deed, Mortgage and Security Agreement, and Assignment of Leases, Rents, and Revenues at the Sumter County Recorder’s Office. The Mortgage was paid-in-full at the end of the 25-year term. The owner intended to refinance the mortgage at that time. The new lender’s attorney needed to research the deed so she could properly prepare the refinancing closing documents. She researched the County Recorder’s Grantor/Grantee index to conduct that research. (Select one answer only.)