Fannie Mae, Freddie Mac, and Ginnie Mae are tested on every real estate exam. Learn the 3 key differences and how to answer exam questions correctly.
The Sherman Antitrust Act prohibits price fixing, group boycotting, market allocation, and tie-ins in real estate. Violations carry up to $1M in fines.
Agency relationship binds an agent to act in a client’s best interest. Master the 4 creation methods and 6 OLDCAR duties to pass your real estate exam.
Real property includes land and anything permanently attached. Personal property includes movable items not attached.
In the secondary market real estate, investors buy existing loans. Lenders sell their 30-year mortgages here to get cash and fund new home buyers.
A deed is the document that transfers ownership. Title is the legal right of ownership. You need both. Check out this guide for real estate exam students.