Episode 061 - State Exam Questions 15

Going through more exam questions to help real estate students pass their state exam.

03:10 – How can students get help with state specific questions?

05:40 – What duties does an agent have with a seller? Watch who is the selling agent. It is the buyer's agent.

08:55 – What to do when a promissory note is provided as earnest money?

011:25 – Who is responsible if an agent, who is working for a broker, is alleged of illegal conduct?

14:25 – What is required when a broker is also an owner of a title company?

16:08 – What happens with verbal commitments, even when involving a tenant occupied property?

19:20 – How to calculate discount points. $125,000 x 80% = $100,000 x 2% = $2,000.

23:20 – What is required when an existing home does not meet current building code?

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