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.)

Portland Property and KriselGreer overcame the initial “bump…

Portland Property and KriselGreer overcame the initial “bump in the road” described in Question 26 above. Portland Property’s broker created a Letter of Intent for presentation to KriselGreer. (Assume that the LOI was typical/customary in form and content.) KriselGreer and Portland Property signed the LOI, and KriselGreer’s lawyers went to work on negotiating a Sale and Purchase Contract. KriselGreer spent a good deal of money on its lawyers’ work. Unfortunately, the deal permanently “cratered” before the ‘SPC’ was signed. KriselGreer insists it can compel Portland Property to go forward with the deal as described in the LOI. Portland Property disagrees. Who is correct in this scenario? (See again the assumption above.) (Select one answer only.)

The appraised market value of Brandon Towne Place is $5,000,…

The appraised market value of Brandon Towne Place is $5,000,000. Bigelow Bank holds a $2,000,000 mortgage loan on Brandon Towne Place. Alex Heath Acquisitions, which owns Brandon Towne Place, does not see a scenario where it will be able to repay the loan. Alex Heath Acquisitions has missed two loan payments. To get out from under the Bigelow Bank loan, and before Bigelow Bank could file a foreclosure case, Alex Heath Acquisitions quickly sold Brandon Towne Place to ChristyErnest Associates for $250,000. And then Alex Heath Acquisitions dissolved as an ongoing business. Assuming no other facts, Bigelow Bank can properly pursue a fraudulent transfer case to “unwind” the Alex Heath Acquisitions/ChristyErnest Associates conveyance. (Select one answer only.)

Two parallel metal plates have a uniform electric field betw…

Two parallel metal plates have a uniform electric field between them of 3 N/C.  There is a uniform magnetic field of 0.18 T applied perpendicularly to the electric field.  An electron in an electron beam is aimed between the plates as shown. b. What is the magnitude of the electric force on the electron as it travels through the electric field?  Answer in terms of “x” x10-19 N.