Listing agreements define the contractual relationship between a seller and their agent. Learn the 4 types — exclusive right-to-sell, exclusive agency, open listing, and net listing — and what to expect on the real estate license exam.
Dual agency occurs when one agent represents both buyer and seller in the same transaction. Learn how it works, where it is legal, and what to expect on the real estate license exam.
Fiduciary duties are the 6 legal obligations a real estate agent owes to their client. Learn OLDCAR, how duties apply, and what to expect on the real estate license exam.
Eminent domain and escheat are two of the four government powers over real estate. Learn what each means, how they differ, and what to expect on the real estate license exam.
Real property includes land and permanent attachments; personal property includes movable items. Learn the key differences, how to classify fixtures, and what to expect on the real estate license exam.
A fee simple estate is the most complete form of property ownership in real estate. Learn the types of fee simple estates, how they differ, and what to expect on the real estate license exam.