HTB Equity Sale

HTB Equity Sale

Professional Development

7 Qs

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HTB Equity Sale

HTB Equity Sale

Assessment

Quiz

Other

Professional Development

Medium

Created by

Dawn Thomas

Used 30+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who should the client contact if planning to sale or staircase?

The Estate Agent

Their Solicitor/Licensed Conveyancer

The relevant HTB Authority

the Buyer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does the client need to repay when they sell their property?

20% of the sale price

20% of the market value

20% of which ever is the highest

Don't know need to wait for redemption figure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long is the valuation valid for?

60 days

1 month

6 months

3 months

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who should obtain the valuation report?

The HTB Authority

The solicitor/licensed conveyancer

The client

The agent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much notice does the HTB Authority require in order to issue the Authority to complete?

5 working days

10 workings days

15 working days

1 working day

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must you check before your exchange contracts?

That the valuation is on file

That the valuation is valid to exchange

That the valuation is valid to completion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who sends the Form B Redemption letter on completion?

MHMI

The Service Centre

The Conveyancer

Post Completion