Episode 081 - Real Estate Exam Questions 35

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

 

00:00 – 100,000 downloads!!! What an incredible accomplishment and it is thanks to all of you! You rock!!!

03:10 – Recent state grads: Kate, Mapnr, Grant, Kristy, Ashley, Michelle, Essence, Allie, Vaughn, Karen, Matt (IN), Anita, Anne, Kim, Courtney, Lynn, Gail, Maggie, Alecia, Tina, and Susan.

03:45 – Email from Susan. Stick with it. You WILL pass.

07:35 – Watch the discount schools. You get what you pay for.

09:30 – What should a broker do when an agent wants to leave them? What about real estate leads and pending transactions? What if the broker suspects unethical behavior?

18:13 – What do PITI payments include? Principal, Interest, Taxes, and Insurance. It does not include PMI, MIP, or HOA dues.

22:02 – Real property is defined as what? It does not include mobile homes or cemetery lots, which are personal property.

24:55 – What is ingress and egress? Simply it means in and out.

26:45 – Are oral/verbal agreements enforceable? Difference of enforceable and unenforceable contract versus a valid and void/illegal contract. Statute of frauds.

30:55 – Who can you call when a person is on the Do Not Call List/Registry.

33:10 – What does a zoning map show and what does the comprehensive plan include?

35:55 – What rule must an owner follow if one conflicts with another: building codes, zoning, and deed restrictions?

39:40 – Servient versus dominant tenement in an easement. Servient serves another property owner. Dominant dominates another property owner.

 

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