This module, which contains questions and answers regarding CFP Fundamental Principal topics covered in the CFP exam. Get the CFP exam preparation you need.
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These flashcards will cover these topics:
A. Real Property – elements of a deed, types of deeds, recording statutes of deeds, real property, transfer of title to real property, duly negotiated vs. ordinary holder of document of title, types of easements, adverse possession, joint ownership, types of negotiable documents, elements of negotiable documents, lease interest, tenant’s rights, tenancy of sufferance vs. will, assignment vs. sublease, mortgage, rights of mortgagor and mortgagee, priority of payment incase of default, subject to a mortgage vs. assuming a mortgage.
B. Personal Property and Insurance – personal property, factors assessing personal property as fixtures, co-insurance formula, insurable interest, insurance of personal vs. property, title insurance contract, insurance contract voidable by insurer, subrogation, fidelity insurance. |
