Welcome back to the Bar Exam Toolbox podcast! In today's installment of our "Listen and Learn" series, we're focusing on Real Property. In particular, we're diving into the tricky subtopic of mortgages and priorities. 

In this episode, we discuss:

• What is a promissory note?
• Mortgages and purchase money mortgages
• What is a deed of trust?
• How the money from a foreclosure is distributed
• The recording process in different jurisdictions
• Tackling two mortgages hypos, from the February 2014 and July 2002 California bar exams

Resources:

• “Listen and Learn” series (https://barexamtoolbox.com/bar-exam-toolbox-podcast-archive-by-topic/bar-exam-toolbox-podcast-explaining-individual-mee-and-california-bar-essay-questions/#listen-learn)
• Brainy Bar Bank (https://barexamtoolbox.com/brainy-bar-bank/)
• California Bar Examination – Essay Questions and Selected Answers, February 2014 (https://www.calbar.ca.gov/Portals/0/documents/admissions/gbx/February2014CBXSelectedAnswers_R.pdf)
• California Bar Examination – Essay Questions and Selected Answers, July 2002 (https://juraxbar.com/wp-content/uploads/2016/04/July-2002-CBX.pdf)
• Podcast Episode 39: Tackling a California Bar Exam Essay: Real Property (https://barexamtoolbox.com/podcast-episode-39-tackling-a-california-bar-exam-essay-real-property/)
• Podcast Episode 65: Tackling an MEE Real Property Essay Question (https://barexamtoolbox.com/podcast-episode-65-tackling-an-mee-real-property-essay-question/)

Download the Transcript
(https://barexamtoolbox.com/episode-146-listen-and-learn-mortgages-and-priority/)

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Thanks for listening!

Alison & Lee