Joint Tenancy vs Tenants in Common Explained | Alberta Real Estate & Mortgage Exam Prep
Release Date: 05/20/2026
Default Insurance vs Title Insurance What’s the Difference
Alberta Real Estate Tutor
Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Confused about default insurance and title insurance? They are not the same thing. Default Insurance (High-Ratio Mortgage Insurance) When a buyer has a high-ratio mortgage — meaning: ✔️ Down payment is less than 20% ✔️ Loan-to-Value (LTV) is greater than 80% …the borrower is generally required to obtain default insurance. Default insurance protects the lender if the borrower defaults on the mortgage. Example: A lender has a $200,000 mortgage, but after a default and...
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Commercial Real Estate Capital Stack First Mortgages, Mezzanine Loans & Junior Debt Explained
Alberta Real Estate Tutor
Trying to understand first mortgages, mezzanine loans, junior mortgages, and the capital stack in commercial real estate? Think of the capital stack as the mix of debt and equity used to finance a commercial property purchase or development. For example, on a $5 million commercial project, a bank may not finance the entire amount — especially on higher-risk projects with limited leases, construction timelines, or uncertain cash flow. In many cases: ✔️ First Mortgage – Usually the primary loan, often provided by a bank, with first priority on the property. ✔️ Mezzanine Loan /...
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Can a Brokerage Use a Client List for Marketing Consent Rules Explained
Alberta Real Estate Tutor
Can a Brokerage Use a Client List for Marketing? Consent Rules Explained Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Can a brokerage use its client list for marketing without getting additional consent? It depends on what the marketing is for. In real estate, client relationships are typically between the brokerage and the client, with the real estate professional acting on behalf of the brokerage. Because of that, a brokerage may send communications connected to its real estate business, such as: ✔️...
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Buyer Deposits Is There a Rule for When the Buyer Must Pay Audio
Alberta Real Estate Tutor
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How Long is a Property Valuation Good For Audio
Alberta Real Estate Tutor
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Are Residential Mortgages Really Simple?
Alberta Real Estate Tutor
Are Residential Mortgages Really Simple? | Alberta Mortgage Exam Prep Are residential mortgages simple… or can they be just as complex as commercial deals? Many students assume commercial mortgages are complicated and residential mortgages are straightforward. That assumption can cost you marks on the Alberta mortgage licensing exam. In this video from The Alberta Real Estate School, we break down why residential mortgages are not always simple. Here’s what makes a “simple” residential mortgage complex: • Business owners with multiple corporations • High net worth individuals with...
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Joint Tenancy vs Tenants in Common Explained | Alberta Real Estate & Mortgage Exam Prep
Alberta Real Estate Tutor
With Tenants in Common, each owner holds a separate ownership share, and their interest passes to their estate — not automatically to the co-owner. Example: If two friends purchase a rental property together and register as joint tenants, one friend’s share would automatically transfer to the other upon death. That may not align with their estate planning intentions. This is why understanding ownership structures is critical — especially when co-owners are not spouses. Spouses are commonly registered as joint tenants, but when unrelated parties are involved, a discussion about ownership...
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How to Use Active Listings in a CMA | Alberta Real Estate Exam Prep
Alberta Real Estate Tutor
How to Use Active Listings in a CMA | Alberta Real Estate Exam Prep When preparing a Comparative Market Analysis (CMA), should you use only sold properties — or do active listings matter too? This is a very common Alberta real estate exam question, and it’s also a real-world conversation you will constantly have with sellers. In this video from The Alberta Real Estate School, we break down: • Why SOLD properties are the foundation of a CMA • Why ACTIVE listings still matter when setting a listing price • How the Principle of Substitution impacts pricing strategy • Why overpriced...
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Classes of Real Estate Licenses in Alberta Explained | RECA Exam Prep
Alberta Real Estate Tutor
Classes of Real Estate Licenses in Alberta Explained | RECA Exam Prep Can you hold more than one real estate license in Alberta? And what exactly does “class of license” mean? This is a commonly misunderstood topic on the Alberta real estate and mortgage licensing exams — and it shows up in tricky RECA-style questions. In this video, we break down: • The four classes of real estate licenses in Alberta: Brokerage, Broker, Associate Broker, and Associate • The three classes of mortgage licenses: Brokerage, Broker, and Associate • Why you can only hold one class of license at a time...
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What’s the difference between a CMA, a real estate appraisal, and an income analysis?
Alberta Real Estate Tutor
This is one of the most tested comparison questions on the Alberta real estate and mortgage licensing exams — and understanding the distinction is critical. In this video from The Alberta Real Estate School, we break down the differences clearly and simply: CMA (Comparative Market Analysis) • Prepared by a real estate professional • Used to help buyers write offers • Used to help sellers determine listing price • Based primarily on sold comparable properties • Cannot be used for lender or legal purposes A CMA is a pricing tool — not a formal valuation for financing or legal...
info_outlineWith Tenants in Common, each owner holds a separate ownership share, and their interest passes to their estate — not automatically to the co-owner.
Example: If two friends purchase a rental property together and register as joint tenants, one friend’s share would automatically transfer to the other upon death. That may not align with their estate planning intentions. This is why understanding ownership structures is critical — especially when co-owners are not spouses.
Spouses are commonly registered as joint tenants, but when unrelated parties are involved, a discussion about ownership structure is essential. This topic is heavily tested in:
• Fundamentals of Real Estate
• Practice of Residential Real Estate
• Fundamentals of Mortgage Brokerage
• Alberta licensing exams (RECA)
At The Alberta Real Estate School, we focus on helping you understand not just what the answer is — but why it matters in real transactions. Subscribe for weekly Alberta real estate and mortgage exam breakdowns.
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