Podcast
Questions and Answers
Which of the following is a key concept tested in the PSI real estate exam?
Which of the following is a key concept tested in the PSI real estate exam?
- Credit scores
- Property taxes
- Supply and demand (correct)
- Interest rates
Which of the following is NOT a type of property ownership?
Which of the following is NOT a type of property ownership?
- Fee simple
- Joint tenancy
- Leasehold (correct)
- Tenancy in common
What is the purpose of a title search in real estate transactions?
What is the purpose of a title search in real estate transactions?
- To verify the legal ownership of a property (correct)
- To assess the condition of a property
- To determine the market value of a property
- To calculate property taxes