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.
Title and deed are two different things in real estate. Title is the concept of ownership; a deed is the document that transfers it. Learn the key differences and what to expect on the real estate license exam.
The bundle of rights in real estate defines the 5 legal rights that come with property ownership. Learn what each right means, how they can be separated, and what to expect on the real estate license exam.
Agency relationships in real estate define the fiduciary bond between agent and client. Learn the types of agency, how they are created, and what to expect on the real estate license exam.