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In this playlist, study specific real estate concepts you need to know for the real estate exam. Learn about property rights, contract clauses, government powers, agency relationships, and so much more.
6 days ago · Download our 50 Real Estate Flashcards. In addition, PrepAgent’s online flashcards are a fun way to learn important real estate terms. The arrangement of the terms varies for a different experience each time a student views the flashcard section of the portal. The flashcards’ user interface separates the name from its description using the ...
- 4 Elements of Value: Stud
- Fixtures: Maria
- Government Powers: Pete
- Joint Tenancy: TTIP
The acronym STUD is used as a memory aid to keep the 4 elements of valuein mind. They are scarcity, transferability, utility and demand. 1. Scarcityhas to do with the supply of real estate available. The scarcer the supply of real estate available, the more valuable the property. 2. Transferability, The deal is worthless unless the seller can trans...
Let's move on tofixtures. Personal property goes with the person and real property goes with the real estate. A fixture is personal property that becomes real property. It was something that once went with the person but, for reasons of its association with the property, now goes with the real estate being sold. An example of a fixture would be a t...
To remember the government powers, think of the acronym PETE. 1. Police Power 2. Eminent Domain 3. Taxation 4. Escheat NOTE: An individual would nothave any of these rights. 1. Police power is the state's inherent right to regulate an individual's conduct or property to protect the health, safety, welfare, and morals of the community. Common exampl...
Joint tenancy can be held by two or more people. Making it a form of concurrent ownership as opposed to ownership in severalty (where a person owns a property on their own). There are four unities that must exist in order for a joint tenancy to be created: 1. Time: Each person must receive or obtain title to the property at the same time. 2. Title:...
Jul 22, 2022 · Articles. How to Pass Your UK Real Estate Exam. Discover how accredited qualifications attract clients and stakeholders. Learn valuable study strategies for acing your real estate exam and securing your future in the industry. 22 Jul, 2022. Professional Qualifications. Professional Development. Real Estate. This is a guest post by James Durr.
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- Take Our Free Real Estate Practice Exam Mini-tests. We know you’re anxious to see how well you’ll do on a full-length real estate practice exam, but before you jump into your real estate exam prep, take our free real estate practice exam mini-tests first.
- Free Real Estate Practice Exam Mini-test #1. The actual real estate licensing exam is timed, closed-book, and only allows a basic function calculator, so to get the most accurate results, put your prep materials away, don’t use Google for anything, and only use the basic functions of your calculator.
- Exam Results. For most states, the threshold for passing your real estate licensing exam is 70%. If you answered seven or more of the questions here correctly, you’re well on your way to a passing score on test day!
- 7 Hacks to Improve Your Real Estate Exam Score. If you’ve creeped on my LinkedIn account (feel free to add me!) , you’ll know that I spent some time teaching for one of the major test preparation companies as a senior instructor.
Oct 18, 2024 · Getting supervised assistance from a real estate school is one of the easiest ways to prepare for your real estate licensing exam. Our exam prep is designed to provide a fun and simple learning method. It offers the following: 1,500+ Ohio real estate exam practice questions; Customizable practice state exams; Vocabulary flashcards; Video ...
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Mar 19, 2024 · In this guide, we’ll share eight simple steps to help you prepare effectively and increase your chances of passing the real estate exam on your first attempt. By following these tips, you’ll build confidence, master key concepts, and set yourself up for success in your real estate career.
