Warranty Deed = Warranty or Guarantee that the guarantor has legal title to the property. Seller Promising the buyer that he owns the property and has the right to sell

Property not sold, free of debt and other claims and seller is responsible for any faults with property.

General Warranty Deed = Seller is guaranteeing there is no issues with the title going back to the original land grant.

Title Insurance/Companies = Guard against possible claims and leins. Verified that title to the property is clean.

Special Warranty Deed = Covers the time when the seller owned the property/title.

Specific Performance

It might seem obvious to us now that no one should be discriminated against when trying to buy a house, but that wasn't always the case. It took many federal acts to finally provide legal protection against discrimination. To pass the real estate exam, you must know what these acts are and who they protect. As a real estate agent, you must understand the federal fair housing laws and apply them in real-life practice.

In this segment we go over:
- The Civil Rights Act of 1866
- The Supreme Court case Jones versus Alfred H. Mayer Company
- The Fair Housing Act of 1968
- The Americans with Disabilities Act (ADA)

Federal Acts Related to Fair Housing

Different Types of Easements

A life estate is the ownership of land for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when ownership of the property either reverts to the original owner or passes to another person.  

Let’s explain this using the story of a life estate, creatively modified so that you can pass your exam.

Life Estate Explained

What is the Secondary Market?

Metes and Bounds

Warranty Deeds Explained

Bargain And Sale Deeds

Who is Giving and Who is Receiving? The -OR -EE Rule

What is a real estate agent?

What is a License?

Real Estate Exam Prep: Videos, Practice Exams, Audio Lessons, Private Lessons, and more!

Warranty Deeds Explained

PrepAgent

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Mitchell Nicole

Mitchell Nicole

Mitchell Nicole

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