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Promissory Note & Mortgage | Real Estate Exam

In this real estate exam prep video we dive deep into the promissory note and mortgage concept. Students will absolutely need to understand this for their real estate license exam. I highly suggest you also watch the deed of trust video. We also discuss several key real estate terms, including: Promissory Note - Mortgage - Hypothecation - Mortgagee - Mortgagor - Defeasance Clause - Alienation Clause (a.k.a. Due-On-Sale Clause) - Acceleration Clause - Assignment of Rents - Best of luck with your studies... ✅ Subscribe for more FREE tips on how to do YouTube better: https://www.youtube.com/therealestate... ➡️More Real Estate Exam Prep Videos    / @therealestateclassroom   🛑Recommended Videos How to Calculate Property Taxes    • Real Estate Math Video #5 - How To Ca...   💕My Most Watched Videos: Real Estate Agent Bookkeeping Spreadsheet - Updated for 2020    • Real Estate Agents Bookkeeping Spread...   👉 The Real Estate Agent's Business Plan Template:    • (Part 1) Real Estate Agent's Annual B...   You can find me hanging out most days on Facebook! Facebook:   / askpaulv   New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section. Email me: [email protected] Paul Vojchehoske Mr. Real Estate Seminars, Inc. The Real Estate Classroom P. O. Box 540725 Omaha, NE 68154 (402) 660-0395 This description may contain affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support! P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction. Cheers, Paul Vojchehoske