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Real Estate License Exams

(REAL-ESTATE.AE1) / ISBN : 978-1-64459-520-6
This course includes
Interactive Lessons
Gamified TestPrep
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About This Course

Skills You’ll Get

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1

Introduction

  • About This Course
  • Icons Used in This Course
  • Where to Go from Here
2

Sold! Taking a Glance at Real Estate License Exams

  • Checking Out Licensing and Exam Basics
  • Sign Me Up: Registering for the Exam
  • Knowing What to Take to the Exam … and What to Leave at Home
  • Scoring High: Figuring Out How Scores Are Determined
  • Take Two: Retaking the Exam
3

Using Successful Study and Test-Taking Techniques

  • One Word to Get You Through: PREPARE
  • Trying Terrific Test-Taking Strategies
4

The Job: It Isn’t Just Driving People Around

  • Recognizing Those in the Real Estate Business and How They Got There
  • Knowing What a Real Estate Broker/Salesperson Does
  • Understanding How a Real Estate Broker/Salesperson Gets Paid
  • Working Hard: Career Opportunities
  • Property Management: A Special Kind of Career Opportunity
  • Managing a Real Estate Office: You’re the Boss, Ms. or Mr. Broker
  • Working As an Independent Contractor
  • Focusing on Job-Related Laws That You Need to Understand
5

Understanding Agency Law

  • Becoming Someone’s Real Estate Agent: You’re Hired
  • Keeping the Faith: The Relationship between an Agent and a Principal
  • Meeting Obligations: The Relationship Between an Agent and a Customer
  • Making Money (No, Not at the Copy Machine)
  • Parting Is Such Sweet Sorrow: Ending an Agency Relationship
6

Knowing the Fair Housing Laws for Selling Real Estate

  • Practicing Fair Housing: The Basics
  • Don’t Do It: Avoiding Discriminatory Actions
  • Feeling Safe: Identifying Who’s Protected
  • Bending the Rules: Understanding Exceptions to the Law
  • Extra Coverage: Protecting the Disabled from Discrimination
  • Staying Strong: Enforcing the Law
7

Owning It: Estates and Interests

  • What Do You Own? Understanding Ownership Terms
  • Estates (Even Without the Castles)
  • Eyeing Different Ownership Rights
8

Understanding Forms of Real Estate Ownership

  • Real Estate Ownership: A Solo or Group Activity
  • Special Types of Ownership: Cooperatives, Condominiums, and More
9

Knowing the Limitations on Real Estate Ownership

  • Carrying a Not-So-Heavy Encumbrance: Private Limitations on Property Use
  • Land-Use Regulation: A Major Public Limitation
  • The Government Has Its Say: Other Public Limitations on Property Use
10

Transferring Ownership: Deeds and Title Closing

  • Doing the Deed: Delving into Deed Basics
  • Getting Closure: Title Closing
11

Giving Up or Losing Property

  • Fine by Me: Giving Up Property Voluntarily
  • By Force: Losing Property Involuntarily
  • Losing Property Very Involuntarily: Passing Title After Passing Away
12

Contracts 101

  • Agreeing to Do Something: The Basics of Making a Contract
  • So Many Choices: Examining Types of Real Estate Contracts
  • The End of the Line: Discharging a Contract
  • Breaching a Real Estate Contract
13

Leasing Property

  • Identifying Who’s Who and What’s What
  • The Usual Suspects: Preparing a Typical Lease
  • Distinguishing among Various Types of Leases
  • Breaking a Lease: Types of Eviction
  • Getting What You Paid For
14

Dealing with Environmental Government Regulations and Issues

  • Deciphering the Federal Government Alphabet Soup
  • Assessing the Environmental Effects of Building Developments
  • This Stuff Can Make You Sick: Examining Environmental Pollutants and Situations
  • Go with the Flow: Water and Waste Issues
15

Appraising Property

  • Figuring Out Appraisal Basics
  • Understanding the Importance of Location!
  • Arriving at Different Types of Value
  • Creating, Changing, and Affecting Values: Some Economic Factors
  • Finding Value by Analyzing Comparable Sales
  • Finding Value by Analyzing Replacement Cost and Depreciation
  • Finding Value by Analyzing a Property’s Income
  • Reconciling a Property’s Value
16

Finding the Money: Mortgages

  • The Way Things Work: Mortgage Basics
  • Examining Sources of (and Insurance for) Funding
  • Considerations for Lenders Accepting Mortgages
  • Grasping the Different Types of Mortgages
  • Comprehending Mortgage Repayment Plans
  • Endings You Didn’t Anticipate: Foreclosures, Assumptions, and Assignments
  • Being Fair: Consumer Protection Laws
17

It’s So Taxing: Real Estate Assessment and Taxes

  • Who Wants Your Money, and What Do They Want with It? Collecting Taxes
  • Recognizing What’s So Special about Assessments
  • Go Figure! Calculating Taxes Step by Step
  • Home Free (Sort of): Eyeing Property Tax Exemptions
  • That’s Not Right: Protesting Assessments
  • Pay or Lose: Tax Liens and Sales
18

Investing in Real Estate

  • Focusing on Property Investment
  • Partnering Up: Real Estate Investment Organization Structures
  • Spending Spree: Acquiring and Building Investments
  • Making Money by Investing in Real Estate
  • Getting Uncle Sam’s Help: The Government’s Role in Investing
  • By the Numbers: Analyzing Investment Properties
19

All in the Numbers: Real Estate Mathematics

  • Don’t Lose the Faith, but You May Have to Convert
  • Land and Buildings: Measuring Area and Volume
  • Percentages: Pinpointing What You Really Need to Know
  • Commissions: Tracking Your Moolah
  • Making Mortgage Calculations without a Fancy Calculator
  • Oh, the Pain: Calculating Taxes
  • Putting Proration into Perspective
  • Appreciating Appreciation and Depreciation
  • Estimating Appraised Value
20

Ten Things to Find Out from Your State’s Real Estate Law

  • Agency Law
  • Fair Housing
  • License Law
  • Limitations on Land Use
  • Money Stuff
  • Ownership Rights, Forms, and Theories
  • Property Disclosure
  • Tenants’ Rights and Rent Control
  • Transferring Ownership Involuntarily
  • Transferring Ownership Voluntarily
21

Ten Tips to Help You Succeed on the Exam

  • Taking the Exam as Soon as You Can
  • Knowing the Rules (and Following Them)
  • Studying Your State License Law
  • Remembering Important Vocabulary
  • Focusing on Key Concepts
  • Eating Something
  • Staying Cool, Calm, and Collected
  • Paying Attention (without Overthinking)
  • Going with Your Initial Instinct
  • Finishing the Job

Real Estate License Exams

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