Episode 070 - Exam Questions 24

Episode 070 - Exam Questions 24 Going through state exam questions to help real estate students pass their state exam.   01:50 – National (General) versus State exam. 05:00 – Some states have one, mixed test. Some states have two separate portions. 06:15 – Advice in taking the state exam: study and focus on one portion of the exam or the other. 10:05 – When retaking an exam, do not expect to see the same questions on subsequent exams. 11:35 – Do criminal convictions keep you from getting a real estate license? 14:00 – Kelsi called Brian out on a question. 15:35 – Difference between express contract and implied contract. 18:10 – Life estate issues when a life estate holder dies before the end of the life estate. 25:10 – What circumstance should a buyer investigate water rights? 27:50 – Must a licensed agent list their own property with their brokerage? 31:25 – Who decides where earnest money is deposited? 33:33 – A low loan-to-value ratio equals a high down payment and high equity. Inverse relationship between loan and down payment. 36:35 – What deed gives the least warranty to a grantee? 40:20 – Proration concerns when a buyer assumes a loan from a seller. Who is debited and who is credited?   A-Ha LINKS   Email [email protected]   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A