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All right, the concept in todays video were gonna discuss is called equitable interest. It is a concept that you need to know for the real estate licensing exam but you also have to know it for just the profession as well. Were gonna This concept is part of the every everyday life of a real estate professional. And its most common, where we see it is in the buyer-seller transaction. So lets kinda map out what Im talking about here. So in a transaction, a typical transaction, we have the seller and the buyer. Now as I discussed in a previous video that was titled, it was The Parties to a Contract, and Ill leave a link down below in the video description, the parties to a real estate contract are gonna change depending on where theyre at in the process. So let me give you an example here. Initially, when were doing the negotiation, the buyer is the offeror theyre giving the offer, and the seller is the offeree because theyre receiving the offer. Once the deal is put togeth