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Before you pass your real estate exam, there are a number of real estate terms you should know! PrepAgent has compiled the top 10 real estate vocabulary that you must know before you take the real estate test. Study these 10 real estate concepts explained in simple terms! It's the best way to pass your real estate exam. Serious about passing your real estate exam? Sign up with PrepAgent to get more videos, thousands of interactive exam questions with explanations, 5x a week live webinars, and so much more! Get 25% off exam prep today! https://www.prepagent.com/sign-up?cod... For your prelicensing courses, check out AceableAgent with the link below: https://www.aceableagent.com/?utm_sou... Don't forget to subscribe to our channel! Follow us on Instagram: / joejuter / prep_agent Join our free private Facebook group to get help from others taking the exam: / prepagent Join our new agent's group to exchange ideas with other real estate professionals: / 851499591705861 Join Joe as he covers the following key concepts: Real vs Personal Property Real Property – Immovable Personal Property – Movable Estates in Property Freehold vs Less That Freehold Less Than Freehold Estate for Years Periodic Tenancy Estate at Will Estate at Sufferance Less Than Freehold Estate for Years Periodic Tenancy Estate at Will Estate at Sufferance Government Powers PETE Police Power Eminent Domain Taxation Escheat Types of Ownership Concurrent Estates- Ownership With Others Severalty – Sole Ownership Concurrent Estates Joint Tenancy Tenancy in Common #RealEstateConcepts #RealEstateVocabulary #RealEstateTerms 0:00 Introduction 0:25 Top 10 most important concepts to know to pass your real estate exam 0:38 Real property - immovable personal property - movable 2:53 Freehold Fee simple absolute Fee simple defeasible Life estate 3:42 PETE Police power Eminent domain Taxation Escheat 5:25 Concurrent estates Joint Tenancy Tenancy in common 5:37 Joint Tenancy Time Title Interest Possession Right of survivorship 6:33 STUD Scarcity Transferability Utility Demand 8:13 Market Data approach Cost Replacement Approach Capitalization income approach 9:39 Title Ownership 10:59 1968 Steering Blockbusting Panic Peddling Panic Selling Redlining