Or Notice Of Completion Quiz

5 Questions | Total Attempts: 54

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Or Notice Of Completion Quiz

This quiz is based on the Notice of Completion training that was completed on 12/31/09.


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Questions and Answers
  • 1. 
    In OR Commitments, the Informational Notes are unnumbered so an A/5N is used to reflect a NOC that has recorded one year prior to the plant date.
    • A. 

      True

    • B. 

      False

  • 2. 
    A Notice of Completion is reflected if the recording date is within one year of the plant date.
    • A. 

      True

    • B. 

      False

  • 3. 
    A Notice of Completion is not reflected in which of the following:
    • A. 

      Prelim

    • B. 

      Subdivision Guarantee

    • C. 

      TSG/JFG

    • D. 

      Commitment

  • 4. 
    The X/4 is shown after the L/9 in a Lot Book Report.
    • A. 

      True

    • B. 

      False

  • 5. 
    If an Extended Policy is requested, the Notice of Completion should be shown in Informational Notes as the first item as an A/5.
    • A. 

      True

    • B. 

      False