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Welcome to Unit 1 of Florida Real Estate Principles, Practices & Law. In this lesson, we’re building your foundation for the Florida Sales Associate state exam like laying concrete before you build the house. If you understand Unit 1, the rest of the course starts to feel a lot easier. In this video, you’ll learn (exam-focused): • What real estate is (real property vs personal property) • The “bundle of rights” and what ownership really means • Land, improvements, and the basics of legal descriptions • Government powers that affect property (police power, eminent domain, taxation, escheat) • The role of supply and demand and what drives value • Who does what in Florida real estate regulation (key agencies and purpose) • Common exam traps and how to spot them fast ⏱️ BEST WAY TO STUDY THIS VIDEO: Watch once all the way through Rewatch and pause at the questions Answer out loud before the answer is revealed Take notes on the “numbers and rules” mentioned ✅ Want to go deeper? Check the links below to enroll in our online classes and access more exam-prep support. 📌 Sponsor (supports this channel): License Closet / License 2 Close Reatly — Hang your license for 149.99 per year, with no board required. https://jointheagency.license2close.c... 💬 Comment prompt: Comment “UNIT 1” and tell me what part you want drilled next: real vs personal property, bundle of rights, or government powers. 🔔 Don’t forget to subscribe so you don’t miss the next unit. Florida laws and rules can change. Verify the most current requirements through the Florida Statutes, Florida Administrative Code, DBPR, and the Florida Real Estate Commission.