To pass the real estate licensing exam, student will need to know and understand how someone take title to real property. In this video I will explain several key real estate terms you will need to know and understand how to apply them. They are:
Joint Tenancy (With Rights of Survivorship) - Ownership in real property by 2 or more people with rights of survivorship
Tenants in Common - An interest in real property held by 2 or more persons, without rights of survivorship
Severalty - Sole ownership. Ownership of real property by one person
Community Property - Property aquired by either spouse during their marriage
Bequeath - To transfer property by will
Best of luck with your studies...
✅ Subscribe for more FREE tips on how to do YouTube better:
https://www.youtube.com/therealestateclassroom?sun_confirmation=1
➡️More Real Estate Exam Prep Videos
https://www.youtube.com/channel/UCX8T62xtXly22K9l-VEOHuA/playlists?view_as=subscriber
🛑Recommended Videos
How to Calculate Property Taxes
https://youtu.be/Y8un1yjgfII
💕My Most Watched Videos:
Real Estate Agent Bookkeeping Spreadsheet - Updated for 2020
https://youtu.be/0l7kWqs5eoQ
👉 The Real Estate Agent's Business Plan Template:
https://youtu.be/Ci29MOCYRx4
You can find me hanging out most days on Facebook!
Facebook: https://www.facebook.com/askpaulv
New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.
Email me: [email protected]
Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
P. O. Box 540725
Omaha, NE 68154
(402) 660-0395
This description may contain affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!
P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.
Cheers,
Paul Vojchehoske