{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 100 - Real Estate Exam Questions: Fee Simple and Life Estates","description":" Episode 100 - Real Estate Exam Questions: Fee Simple and Life Estates Going through state exam questions to help real estate students pass their state exam. &amp;nbsp;  01:20 \u2013 We hit episode number 100!!!  02:35 \u2013 Be careful where you get your information for your exam questions. Not all are the same. Watch for state specific topics versus the general\/national portion of the exam.  06:20 \u2013 Example: the value of a point in relation to the interest rate reduction.  08:10 \u2013 List of recent grads: Sara, Jamila, Sharon, Breanna, Tim, Kap, Jaquie, Natalie, Shana, Austin, Sheila, Simon, Grant, Marlainna, Maya, Kennedy, Deborah, Sydney, Bridgette, Michael, John, April, Janeva, Martina, Elishia, Jessica, Naomi, Christina, Matthew, Maria, Sophia, Loren, Brandi, Eric, Dominique, Odonel, Jordan, Mark, Dana, Andres, James, Kiana, Anitra, Dayanna, Nathanial, Tatiyon, and David.  09:15 \u2013 Messages from Sara and Tatiyon. Common theme: breathe and listen to all the A-Ha episodes.  14:30 \u2013 Episode Focus: fee simple, fee simple absolute, fee simple defeasible, and life estates.  16:10 \u2013 Freehold and Non-Freehold estates.  19:00 \u2013 Fee simple and fee simple absolute.  21:40 \u2013 Fee simple defeasible:  a qualified fee estate that is subject to the occurrence or nonoccurrence of some specified event.  23:30 \u2013 Three forms of fee simple defeasible: determinable, subject to condition subsequent, and subject to executory limitation. One main difference: if the condition is not met, who gets the property?  27:30 \u2013 Determinable versus subject to condition subsequent; words and phrases distinguish them; how does the property go back to the original grantor; lawsuit required? Possibility of reverter or right of reentry (power of termination.)  30:45 \u2013 Fee simple subject to condition subsequent: right of reentry\/power of termination; the original grantor must bring a court action to exercise their right to reenter the property.  36:35 \u2013 Watch who has the future interest. Is it the original grantor or some third party?  38:10 \u2013 Life estate; life tenant; pur autre vie; remainder and reversion\/reversionary interest; when is a life estate inheritable or transferable?  40:45 \u2013 Pur autre vie examples. What can a life estate holder do? Inheritable.  44:55 \u2013 What happens when the defined life is extinguished, who gets the property interest? Reversion\/reversionary interest or remainder interest (remainderman).  49:45 \u2013 Legal life estate \u2013 state law that recognizes dower and curtsey rights, or homestead right.  51:10 \u2013 Exam questions  1:06:15 \u2013 April\u2019s episode will be about fair housing. Come back for more to help you pass the real estate exam.  &amp;nbsp;  Go to  www.ahareep.com  and sign up for the program for only $35, use discount code: legendary15 to save 15% off.  &amp;nbsp;  Go to  www.indianarealestateinstitute.com  for Indiana real estate classes. &amp;nbsp; A-Ha LINKS  &amp;nbsp; Email info@ahareep.com  &amp;nbsp; Web www.ahareep.com &amp;nbsp; Facebook https:\/\/www.facebook.com\/AHA.REEP &amp;nbsp; 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\/29135253\/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\/29135253"}