Episode 077 - Real Estate Exam Questions 31

Episode 077 - Real Estate Exam Questions 31 Going through state exam questions to help real estate students pass their state exam.   03:35 – Be care of scammers on our FaceBook page. 06:12 – Prorations: 360 day year; bankers year. Check our class videos on our YouTube channel. 13:20 – What can and cannot terminate an offer to purchase real estate? 18:17 – What type of lease includes a fixed or base rent and a percentage of the cost to maintain the building? Answer: Net lease. 22:47 – How should a buyer take ownership if they want to ensure their spouse receives the property upon the first party’s death? What should the broker suggest? 26:15 – A contract is terminated if what happens? Answer: impossible to perform. 29:15 – What are private land use controls? Answer: deed restrictions. 31:33 – What is required when an owner lists their property for sale “as is”? Answer: seller must disclose defects.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A