Épisodes

  • Real Estate Exam [National] 13, Fee Simple Defeasible Explained

    Real Estate Exam [National] 13, Fee Simple Defeasible Explained
    Jan 19 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • The definition of fee simple defeasible and how ownership can be terminated. • How to identify fee simple determinable through durational language like so long as and its automatic reversion. • The requirements for fee simple subject to condition subsequent, including the need for legal action. • The difference between the possibility of reverter and the right of re-entry. • Mnemonic devices and word triggers to correctly identify estate types on the national exam. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    5 min
  • Real Estate Exam [National] 12, Fee Simple Absolute Explained

    Real Estate Exam [National] 12, Fee Simple Absolute Explained
    Jan 18 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • Why Fee Simple Absolute is considered the highest form of property ownership and how it is defined as an estate of inheritance. • The distinction between Fee Simple Absolute and Fee Simple Defeasible including the importance of strings attached language. • The four government powers that limit absolute ownership remembered through the mnemonic PETE. • The specific rights included in the bundle of rights and how they apply to fee simple owners. • Common exam traps regarding the duration of estates and the differences between police power and eminent domain. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 min
  • Real Estate Exam [National] 11, Appurtenances and Emblements Explained

    Real Estate Exam [National] 11, Appurtenances and Emblements Explained
    Jan 17 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • The definition of appurtenances and why they run with the land. • The distinction between fructus industriales and fructus naturales. • How the rule of emblements protects tenant farmers’ personal property rights. • Common exam traps regarding fruit trees versus annual field crops. • Why appurtenant easements transfer automatically during property sales. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    5 min
  • Real Estate Exam [National] 10, Water Rights Riparian and Littoral Explained

    Real Estate Exam [National] 10, Water Rights Riparian and Littoral Explained
    Jan 16 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • The fundamental difference between riparian rights for flowing water and littoral rights for stationary water. • How to determine property boundaries for navigable versus non-navigable rivers. • The core principles of the doctrine of prior appropriation and the role of state permits. • Definitions and exam applications for land changes including accretion, erosion, avulsion, and reliction. • Effective mnemonics and mental shortcuts to distinguish between various water-related legal concepts. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 min
  • Real Estate Exam [National] 09, Air Rights and Subsurface Rights Explained

    Real Estate Exam [National] 09, Air Rights and Subsurface Rights Explained
    Jan 15 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • Real property ownership is three-dimensional, extending from the earth core to the heavens unless legally restricted. • Subsurface rights include minerals, oil, and gas, which can be severed from the surface land and sold separately. • Air rights are divisible and valuable in urban areas, though subject to federal aviation laws for navigable airspace. • Natural resources transition from real property to personal property the moment they are extracted from the ground. • The concept of subjacent support ensures that subsurface owners do not compromise the physical stability of the surface. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    5 min
  • Real Estate Exam [National] 08, Lot and Block System Explained

    Real Estate Exam [National] 08, Lot and Block System Explained
    Jan 14 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam real estate exam. In this episode you will learn: • The lot and block system is primarily used for high-density urban and suburban subdivisions. • A plat map must be approved by local government and recorded in public records to be legally valid. • A complete legal description includes the lot number, block number, subdivision name, county, and state. • The "Big Blocks hold Little Lots" mnemonic helps distinguish between the two primary units of measurement. • The recorded plat method replaces previous descriptions like metes and bounds for individual parcel sales. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 min
  • Real Estate Exam [National] 07, Rectangular Survey System Explained

    Real Estate Exam [National] 07, Rectangular Survey System Explained
    Jan 13 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam real estate exam. In this episode you will learn: • The fundamental roles of Principal Meridians and Base Lines in the legal description grid. • How to differentiate between the dimensions and total area of townships versus sections. • The specific boustrophedon numbering pattern used for the thirty-six sections in a township. • Mathematical shortcuts for calculating total acreage from complex fractional legal descriptions. • How to identify exam traps involving the word AND and the conversion of acres to square feet. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    6 min
  • Real Estate Exam [National] 06, Metes and Bounds Legal Description Explained

    Real Estate Exam [National] 06, Metes and Bounds Legal Description Explained
    Jan 12 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • Why the Point of Beginning (POB) is the most critical element for a valid legal description. • The distinction between metes as measurements and bounds as directional boundaries. • Why physical monuments legally supersede written measurements in property disputes. • The requirement for survey descriptions to follow a clockwise path to ensure the closure of the boundary. • How to identify metes and bounds terminology like degrees, minutes, and seconds compared to other survey methods. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 min