Bonus Episode – December 2023
Thoughts from a law school student about the real estate licensing exam.
00:00 – I missed my 100th episode. Thank you!!! Welcome to the 101st show.
04:35 – For Indiana classes go to www.indianarealestateinstitute.com
06:05 – Just finished my last final exam for the first semester of law school. A few thoughts. Remember why you are doing this. For me, it is my family and kids.
09:40 – What is your attitude? Do not let up on the gas. Keep your head in the game. Do not stop, quit, or slow down! You Got This!!
10:50 – Growth mindset: you might fail. So what!? A test does not define you. Stay positive. The test is a gate, but not an indicator of your intelligence. The test does not define you. Don’t let it beat you down.
13:00 – I’m not telling you this is easy. I am telling you it is worth it!
13:30 – List of recent grads: Sheila, Tylea, Kylie, Kayla, Clay, Randall, Ashley K., Ashley B., Ashley D., Joe, Abby, Brody, Cristian, Kamaljit, Taylor, Shawna, Mary, Adam, Amber, Kimberly, Zach, Ashia, Elijah, Cameron, Jamie, Kyle, Doug, Brock, Jeanne, Garrett, Taytem, Jacob, Tiffany, Kendra, Desmond, Crystal, Connor, Matt, Carl, Tara, Brenda, Kevin, Kayla, Rhett, Rene, Shannon, Hanna, Joan, Jonathan, Samantha, April, Keeley, Sharon, and Nikki.
15:00 – Messages from Steven and Dana.
19:30 – Episode Focus: topics I learned from law school about real estate.
21:10 – Adverse possession; tacking and tolling.
31:20 – Co-ownership: rights of co-owners, and actions such as partition, waste, and cost allocation.
51:40 – Estates: Fee simple, fee simple absolute, fee simple defeasible – determinable, subject to condition subsequent, and subject to executory limitation.
59:40 – Life estate, life estate pur autre vie; what can a life estate holder do? Reversionary interest versus remainder interest.
1:06:30 – Leasing of property: lease, covenant of quiet enjoyment, implied warranty of habitability, and constructive eviction. Assignment and sublease
1:14:55 – Statute of frauds; enforceable versus unenforceable.
1:17:35 – Deeds: recording, actual notice, constructive notice, and recording acts.
1:26:3 – More to come in future episodes: zoning, contracts, easements, eminent domain, private covenants and servitude, and regulatory takings.
1:27:20 – January’s episode will be about agent and fiduciary responsibilities.
Go to www.ahareep.com and sign up for the program for only $35, use discount code: legendary15 to save 15% off.
Go to www.indianarealestateinstitute.com for Indiana real estate classes.
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