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Episode 063 - State Exam Questions 17

Going through more exam questions to help real estate students pass their state exam.

 

05:08 – What does a property manager do?

07:40 – What clause makes a mortgage unassumable?

12:20 – A broker owes a customer what?

15:55 – What is an 80-10-10 piggyback mortgage and how does it affect a borrower?

20:10 – What is the principal in the loan?

23:30 – What liability does an agent have when incorrectly completing a CMA (comparative market analysis)?

27:08 – What advise should an agent offer to a client regarding how to take title to a property?

 

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