Chapter 5-8 Important Dates and Time Periods to Remember Flashcards
Number of days to correct minor infraction listed in notice of noncompliance
15 days
Number of days after which a final order becomes effective
30 days
Time period to file an appeal
30 days
Number of days licensee hast to accept or file a written objection to a citation
30 days
Penalty for second-degree misdemeanor
60 days and/or $500 fine
Penalty for first-degree misdemeanor
One year and/or $1,000 fine
Time period allowed to file claim against recovery fund
2 years
Maximum period of suspension
10 years
Time period after notice is posted by sheriff that eviction will take and place landlord recovers the property
24 hours
Number of days to give information booklet concerning settlement cost to loan applicant (or at time of loan application)
3 business days
Number of days for lender to provide APR disclosure (or at time of loan application)
3 business days
Number of days to give loan applicant an estimate of settlement costs (or at time of loan application)
3 business days
Number of days borrower has the right to cancel the right to cancel the loan contract following signing loan documents for home equity lines of credit, second mortgages, and refinance loans
3 business days
Time period allowed to cancel contract under the Interstate Land Sales Full Disclosure Act
7 days
Number of days for landlord to return security deposit if not making a claim on deposit
15 days
Time period for tenant to file a written objection to the landlord’s claim on deposit
15 days
Number of days for landlord to notify tenant if making a claim on the deposit
30 days
Number of days to inform tenant regarding how funds are being held
30 days
Notice to cancel resale cooperative or condominium contract
3 business days
Notice required for week-to-week tenancy at will
7 days
Notice to cancel time-share contract
10 days
Notice required to cancel month-to-month tenancy at will
15 days
Notice to cancel cooperative or condominium contract with developer
15 days
Number of days to file a construction lien (retroactive to the date of the first delivery of material or the first day of work)
90 days
Number of years of hostile possession to claim adverse possession
7 years
Minimum time period of uninterrupted use to create an easement by prescription
20 years
