CeMAP Module 2 Test Papers 2008 / 09 Q&A's

You are bidding on x3 Specimen CeMAP 2 2008/9 papers. This includes the questions and answers

EVERYTHING you need to pass CeMAP 2 FIRST TIME.

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Mortgages syllabus

The Mortgages module is split into four units and focuses upon, law, practice policy and markets, application, payments methods and products and post completion issues.

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Sample Questions:

1.         What minimum percentage of the land of a residential property must be used as a dwelling by a borrower or his relatives if any loan secured against it by means of a first legal mortgage is to be regulated by the MCOB Rules?

A          20%.

B          25%.

C          40%.

D          50%.

2.         In relation to registered land, possessory title means that:

A          it is not possible to guarantee freehold title.

B          the land is freehold.

C          the title, as registered, is defective.

D          the title deeds may be missing.