I think it would help to clarify because the term gets misused a lot and it's not widely understood.

"Become a real estate entrepreneur"; Which is shortest, easiest understood by Joe?

All impossible to answer.I understood that you will be putting down 20%, but is that 20% free?

Although EEMs have been available in some States since 1980, they have been little understood or marketed.

I can't answer your question, but I can tell you that laws vary by state and you want a contract that complies with your state law.It's not a bad idea to pay a lawyer to look over any contract you intend to use.Never use any contract that you don't completely understand, because a judge is going to hold you to every word of it whether you understood what you were signing or not.

She stated that she understood she had to pay rent until I re-rented the house and was fine with that.

I have yet to meet a single agent who understood the policy like an adjuster (unless he/she was an adjuster before).Is this an Arizona AmFam policy?

Deliberately attacking each other, no matter the topic, irrelevant or not. http://en.wikipedia.org/wiki/Flame_war(I dont think he understood)

I understood why David said what he said.

IMO most people that understood economics saw it coming somewhat, but very few knew it would be so bad.