Avanze Technologies Interview Questions and Answers

Which is fully related to process

Q1. Self introduction and checking communicational skills
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Q1. Manager asked what he see in resume
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Q1. What is CEMA? What is foreclosure?
Ans. 
CEMA stands for Consolidation, Extension, and Modification Agreement. Foreclosure is a legal process where a lender takes possession of a property due to non-payment.
• CEMA is a type of agreement used in mortgage refinancing to consolidate multiple loans into one, extend the loan term, and modify the terms of the loan.

• Foreclosure is a legal process where a lender repossesses a property from a borrower who has failed to m...read more
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Q2. What is support judgement?
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Support judgement is the act of providing assistance or guidance in making decisions or forming opinions.
• Support judgement involves offering advice, information, or feedback to help someone make a decision.

• It can also involve providing emotional support or reassurance to someone who is unsure about a decision.

• Examples include a mentor guiding a student in choosing a career path, a therapist helping a patient make a dif...read more
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Q3. What is commercial property?
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Commercial property refers to real estate used for business purposes, such as office buildings, retail spaces, and industrial facilities.
• Commercial property is used for business activities rather than residential purposes

• Examples include office buildings, retail stores, warehouses, and restaurants

• Commercial property can be leased or owned by businesses for their operations
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Q4. What is Mechanical lien?
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A mechanical lien is a legal claim against a property for unpaid work or materials provided by a contractor or supplier.
• Mechanical liens are typically filed by contractors, subcontractors, or suppliers who have not been paid for their services or materials.

• The lien allows the claimant to potentially force the sale of the property in order to receive payment for the work or materials provided.

• Mechanical liens vary by st...read more
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Q5. What is martial property?
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Martial property refers to assets acquired during a marriage that are subject to division in the event of divorce.
• Includes assets such as real estate, vehicles, bank accounts, investments, and retirement accounts acquired during the marriage

• May also include debts incurred during the marriage

• Not all assets acquired during marriage are considered martial property, such as gifts or inheritances received by one spouse
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Q1. 2 rounds technical.
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Q2. About software testing
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Q3. Software testing
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Q1. Technical Round
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Q1. What is Quitclaim deed? What is Cema mortgage?
Ans. 
A quitclaim deed is a legal document used to transfer interest in real property without any warranties or guarantees.
• It is often used in situations where the transfer of ownership is between family members or as a gift.

• Unlike a warranty deed, a quitclaim deed does not guarantee that the grantor actually owns the property being transferred.

• It is commonly used in divorce proceedings to transfer ownership of a property fr...read more
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Q2. What is foreclosure? What is support judgement ?
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Foreclosure is the legal process by which a lender takes control of a property when the borrower fails to make mortgage payments.
• Foreclosure is initiated by the lender when the borrower defaults on their mortgage payments.

• The lender takes possession of the property and may sell it to recover the outstanding loan amount.

• Foreclosure laws and procedures vary by state and country.

• Support judgement is a legal term referring...read more
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Q1. About Previous experience about banking mortgage sector shift timings
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Q2. Shift timings and travel
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Q1. Related to aws infra about ec2, how doe’s cloudwatch works About databases and other aws services
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Q2. How does s3 works
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S3 is a scalable object storage service by AWS that allows users to store and retrieve data from anywhere on the web.
• S3 stores data as objects in buckets

• Objects can be up to 5TB in size

• S3 provides high durability and availability

• Users can set permissions and access control on objects and buckets

• S3 can be used for backup and archiving, static website hosting, and data lakes
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