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Are you ready to pass your real estate exam with flying colors? In this video, we’ll go over the top 20 real estate terms that are essential for success on your exam! Whether you're a first-time test-taker or looking to brush up on your knowledge, this guide will help you master the vocabulary and concepts that could make all the difference. Why you should watch this video: ▫️ Boost Your Confidence: With these 20 must-know terms under your belt, you’ll walk into the exam room with confidence. ▫️ Increase Your Score: Understanding these key concepts will help you answer questions correctly and improve your overall exam score. ▫️ Expert Guidance: Learn from Maggie, your trusted real estate instructor, who breaks down each term in a simple, easy-to-understand way. ▫️ Don’t miss out on the chance to ace your real estate exam! Grab your notebook, hit play, and let's get started! Videos Recommended to Watch in This Video: 🎥 Real vs. Personal Property Video: • Real Property vs. Personal Property: ... 🎥 The 3 Approaches to Value Video: • Real Estate Math: Mastering The 3 App... What You’ll Learn in This Video 00:00 - Intro 00:15 - Deed Restrictions 01:21 - Legal Test for Fixtures (MARIA) 02:19 - How to Become a REALTOR® 03:13 - Nonconforming Use 03:58 - Antitrust Regulations/Price Fixing 04:46 - Lead-Based Paint 05:42 - Zoning 06:28 - Economic/Functional Obsolescence 07:20 - Specific Performance 08:02 - Option Contracts/Unilateral Contracts 08:50 - Commingling 09:36 - Exclusive Listings 10:28 - Void/Voidable Contracts 11:43 - Blockbusting/Steering 12:24 - Liquidated Damages 13:10 - Promissory Note 13:45 - PMI (Private Mortgage Insurance) 14:24 - ARM (Adjustable-Rate Mortgage) 15:28 - Contingency 16:06 - Approaches to Value 17:36 - National Real Estate Exam Study Guide 18:26 - Outro For more helpful tips and practice questions, subscribe to my channel @JustCallMaggie and hit the notification bell 🔔 so you never miss a video. And if you're looking for even more comprehensive exam prep, check out my e-books, “The Educated Agent” and “Math for Real Estate Success” linked below. Resources: 📚 Get My E-Book: "The Educated Agent: A Savvy Guide to Real Estate" here 👉 https://justcallmaggie.com/product/th... 📈 Learn Real Estate Math: Volume 1 & 2 E-Books Available! Grab your copy today right here 👉 https://justcallmaggie.com/product/ma... 🔔 Subscribe for More Real Estate Exam Tips & Tricks! 📺 Watch Next: Contracts Made Easy - Key Concepts You Must Know! 👉 • Real Estate Contracts: 5 Essential El... Stay focused, study hard, and remember—just call Maggie! #RealEstateExam #RealEstateStudyGuide #PassYourRealEstateExam #RealEstateLicense #RealEstateVocabulary #ExamTips #RealEstateAgent #REALTORExam #RealEstateExamPrep2024