Question and answer
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
D. Escrow account
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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|

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Asked 9/4/2010 10:39:11 PM
Updated 9/4/2010 11:12:48 PM
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D. Personal property taxes
Added 9/4/2010 11:12:48 PM
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Updated 9/4/2010 11:34:57 PM
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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
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Points 1370 [Total 17309]| Ratings 10| Comments 1270| Invitations 0|Online
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