{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 086 - Real Estate Exam Questions 40","description":" Episode 086 - Real Estate Exam Questions 40 Going through state exam questions to help real estate students pass their state exam. &amp;nbsp;01:20 \u2013 Changing careers: is real estate for you?  &amp;nbsp;05:35 \u2013 Do not give out your information to people that offer test questions or having knowledge of the state exam. They don\u2019t and\/or they are putting your license in jeopardy.  &amp;nbsp;07:35 List of recent grads:  Caryn, Zach, Jory, Tyce, Jenna, Jaala, Ashley, Amiee, Robyn, Amanda, Katelyn, Sierra, Leslie, Zoe, Lisa, Delanie, Mark, Sabrian, Beau, Rocky, Kiesha, Kimberly, Jess, Shirley, Celia, Mona, Autumn, Andrea, Tricia, Mary, Kristina, Kristi, Sally, Bob, Brent, Elle, Kristin, Sophia, and Amber.  &amp;nbsp;09:15 \u2013 Message from Rocky  &amp;nbsp;12:20 \u2013 Difference between leasehold estate and estate for years.  &amp;nbsp;16:05 \u2013 Struggling with life estates? Stick with a few main principles: life estate holder aka life estate tenant they own the property based upon a life. Life estate is set on the tenant\u2019s life. Pur autre vie is based upon someone other than the tenant holder. Remainderman and reversionary.  &amp;nbsp;22:10 \u2013 Free standing cabinet is a fixture by the MARIA definition of a fixture.  &amp;nbsp;25:45 \u2013 Are sellers required to disclose psychologically affected property such as murder, death, and sex offenders.  &amp;nbsp;28:34 \u2013 What happens to an agent\u2019s license when their broker loses their license? It is suspended.  &amp;nbsp;30:45 \u2013 Is stating proximity to a religious center breaking fair housing? Yes, it is considered discriminatory advertising.  &amp;nbsp;32:00 \u2013 Is an agent required to disclose family interest in a property they are selling? Yes, for immediate family members.  &amp;nbsp;33:52 \u2013 Mortgage factor chart (mortgage payment) calculation:  $220,000 loan at 15year 5 1\/2 interest or 30 year 6-1\/2 interest. What is the difference? 220 x 8.17 (15 year, 5.5% factor) = $1,797.40; 220 x 6.32 (30 year, 6.5% factor) = $1,390.40; Difference: $1,797.40 - $1,390.40 = $407  &amp;nbsp;38:05 \u2013 What are the essential elements of a valid contract? Offer, acceptance, consideration, legality, and capacity.  &amp;nbsp;40:25 \u2013 What is the alienation clause? Due on sale clause. Mortgage must be paid off when the property is sold.  &amp;nbsp;42:18 \u2013 Listing agreement has an extension component? Is this legal and what is required?  &amp;nbsp;45:03 \u2013 What is required of an agent when the customer has questionable financial status? Relay the reservations to the agent\u2019s client.  &amp;nbsp;48:10 \u2013 Go to www.ahareep.com , sign up for the program for only $35, use discount code: legend15 to save 15% off. &amp;nbsp;A-Ha LINKS &amp;nbsp;Email info@ahareep.com  &amp;nbsp;Web www.ahareep.com Facebook https:\/\/www.facebook.com\/AHA.REEP YouTube   https:\/\/www.youtube.com\/channel\/UCrxAjI5Li4Ll3Epwcyc0i6A ","author_name":"A-Ha! Real Estate Exam Prep Podcast","author_url":"https:\/\/www.ahareep.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/26282424\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/962c19\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/26282424"}