Episode 076 - Real Estate Exam Questions 30

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

01:17 – Message from Wendi; how to study for the test.

05:20 – Is it worth buying test prep material?

10:35 – Difference between tenancy in common and joint tenancy, right of survivorship.

15:30 – Culpable negligence, negligent misrepresentation, and fraud. What is an agent's responsiblity?

21:30 – Trade fixture, fixture, and appurtenance issues with a commercial tenant.

27:22 – What does a home warranty cover for a previously owned home?

29:55 – What type of lease would be suited with tenants that have growing income? Percentage lease, not gross lease.

34:00 – Is a commission due to a listing agent when an offer arrives that meets the terms of the listing agreement? Watch suit for specific performance.

40:18 – What valuation approach to use for a mixed use property with commercial and living space? Income and sales comparison approach.

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