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Q: What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. tax account, B. reserve account, C. assessed account, D. escrow account
A: D. Escrow account
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Original conversation
User: What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. tax account, B. reserve account, C. assessed account, D. escrow account

Weegy: D. Escrow account
Expert answered|cher34|Points 173|

User: Which of the following types of taxes paid are not allowable deductions on your tax return? A. state income taxes, B. property taxes, C. use taxes, D. personal property taxes

Weegy: C. use taxes
Expert answered|cher34|Points 173|

Question|Rated good
Asked 9/4/2010 10:39:11 PM
Updated 9/4/2010 11:12:48 PM
1 Answer/Comment
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D. Personal property taxes
Added 9/4/2010 11:12:48 PM
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Questions asked by the same visitor
Which type of property ownership allows each person to own his or her share independently and retains the right to transfer that share by sale or will?
Weegy: Selling a shared ownership property can be quite complex and requires considerable thought as to the best way to progress. [ [ Unlike a traditional property sale, there are multiple different ways to structure the sale, each of which can work well depending on the requirement of the owner, the landlord and the prospective purchaser. ] ] (More)
Question
Expert Answered
Updated 9/4/2010 9:51:11 PM
1 Answer/Comment
For information go to
Added 9/4/2010 9:51:11 PM
Which term describes the person who pays money for the privilege of using someone else's vehicle or property for a set period of time? A. lessee, B. renter, C. party of the first part, D. lessor
Weegy: B renter User: What is the term used to describe the situation when a person dies without a valid will? (More)
Question
Expert Answered
Updated 9/4/2010 11:34:57 PM
2 Answers/Comments
Intestate
Added 9/4/2010 10:51:41 PM
Correction to the first part of the question it should be A. lessee and not renter. Renters don't have a specified time frame but lessee do when they sign a specified contract to rent the property or vechicle.
Added 9/4/2010 11:34:57 PM
What is the term used to describe the situation when a person dies without a valid will?
Question
Not Answered
Updated 9/4/2010 10:51:06 PM
1 Answer/Comment
The term is intestate.
Added 9/4/2010 10:51:06 PM
What type of retirement benefit plan is based on a formula that considers your years of service and highest salary? A. fixed salary plan.
Question
Not Answered
Updated 9/5/2010 6:28:49 AM
1 Answer/Comment
A defined benefit plan
Added 9/5/2010 6:28:49 AM
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