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So, in todays real estate exam prep video, were gonna discuss two concepts that, quite honestly, Id never thought I would see on a licensing exam. However, I have received, recently, several emails from students saying that these two concepts did appear on their real estate licensing exam. And it seems that pretty much all the testing services, PSI, AMP and the rest of them, they have included these similar types of questions. So, I decided to do a video. Now, what happens is, Im sure that you have heard these two key terms before in your pre-licensing class. Many instructors, you know, typically, the very beginning of the very first night of your first class, they will throw out these two concepts to indoctrinate you into the whole process or the whole system of land ownership. But up until now, I never heard of being on the licensing exam. So, what are these two concepts? Well, they are the feudal system and the allodial systems of ownership. And the feudal system is the king own