🔥 Rapid Fire Real Estate Questions with KJ! Another power round to help you prep faster and smarter for your real estate exam. Here’s what KJ hits in today’s session: ❓ Physical vs Economic Depreciation Physical = wear and tear Economic = external factors that hurt value (And remember, the exam calls economic depreciation obsolescence!) ❓ Alienation A classic KJ vocab word. It simply means transferring ownership or title. ❓ Wraparound Mortgage A new loan that wraps around the existing one. One
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