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Jobisdone [24]
2 years ago
14

Margot and Steve owned several rental properties at the time of their divorce. The divorce decree gave ownership to Margot in re

turn for a cash payment by Steve. Fast forward six years, and Margot is ready to sell the properties. She soon discovers, though, that Steve's name is still on the title. What's her best course of action
Business
1 answer:
artcher [175]2 years ago
7 0

The best course of action is to ask Steve to generate quit-claim deeds on the properties. Even though the divorce decree grants ownership to Margot, she can't convey the properties until Steve either produces quit claim deeds OR agrees to convey the properties with her.

<h3><u>What is real estate?</u></h3>
  • Real Estate is referred to as the land as well as any permanent, whether natural or man-made, structures or improvements related to the property, such as houses.

Learn more about Real estate with the help of the given link:

brainly.com/question/10336196?referrer=searchResults

#SPJ4

<u></u>

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Answer:

Option D is the correct answer to this question.

Explanation:

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3 years ago
On March 31. 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,810. The balance in the firm's che
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Answer:

Both requirements 1 and 2 are the same, but I guess one refers to a bank reconciliation statement and the other one to a cash account reconciliation.

Bank account reconciliation:

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reconciled bank account $11,110

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3 0
3 years ago
Masters Corp. issues two bonds with 20-year maturities. Both bonds are callable at $1,050. The first bond is issued at a deep di
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Answer:

Explanation:

a)

The YTM of the bond at par value is equals to its coupon rate, 8.75%. Other things being equal, this 4% coupon rate bond will be more eye-catching as the coupon rate is lower than the current market yields, and its price is far below the call price. So, if yields drop, capital gains on the bond will not be restricted by the call price.

b)

If an investor foresees that yields will fall considerably, the 4% bond proposes a better expected return.

c)

Implicit call protection is offered in the sense that any likely fall in yields would not be nearly enough to make the firm consider calling the bond. In this sense, the call feature is almost irrelevant

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