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So in todays real estate exam prep video, Im gonna discuss two key real estate terms that you have to know for your real estate exam. And quite honestly, for whatever reason many students, they struggle with these two concepts. And so what I wanna do is make sure that you understand the differences between the two. That can be the difference between you missing one or two questions on your real estate exam. They are timeshares and vacation licenses. So Im gonna start with a timeshare first, what is a timeshare? Well first of all, any type of property can be designated as a timeshare, but typically we see timeshares in those really popular vacation areas like Key West, Myrtle Beach, Hawaii, those type of deals. And it can be typically a condo or even a single family home. Like in Florida, its very common to see single family homes on the beach or single family homes in Hawaii to be designated as a timeshare. Now, the purchaser is buying an interval ownership in that piece of propert