Real Estate Test Prep Webinar - Mortgage vs Trust Deed
Dive into a comprehensive 52-minute real estate exam preparation webinar covering crucial topics such as promissory notes, mortgages, trust deeds, and various types of agency. Explore the historical origins of mortgages, understand the differences between mortgagors and mortgagees, and learn about the security measures lenders employ. Delve into the concepts of trustor, trustee, and beneficiary, as well as the distinctions between general and special agency. Examine the role of real estate licensees as general agents in property management, and grasp the concept of implied agency. Conclude by mastering the four essential elements of value: demand, utility, scarcity, and transferability. Enhance your real estate knowledge and boost your exam readiness with this informative webinar.