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Exam Review

New: EXAM REVIEW CLASS Every Saturday

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We are now offering an EXAM REVIEW CLASS every Saturday 9:00am to 1:00pm

Cost: $25. Advance registration and payment required
Course materials included

Typical exam questions are covered in depth.

The class is open to the public

Topic Outline

  1. Property Ownership
    • Classes of Property
    • Land Characteristics and Legal Descriptions
    • Encumbrances
    • Types of Ownerships
    • Physical Descriptions of Property
  2. Land Use Controls and Regulations
    • Government Rights in Land
    • Public Controls Based in Police Power
    • Regulation of Environmental Hazards
    • Private Controls
  3. Valuation and Market Analysis
    • Value
    • Methods of Estimating Value/Appraisal Process
    • Comparative Market Analysis
    • When Appraisal by Certified Appraiser is Required
  4. Financing
    • General Concepts
    • Types of Loans
    • Sources of Loan Money
    • Government Programs
    • Mortgage/Deeds of Trust
    • Financing/Credit Laws
    • Mortgage Fraud, Predatory Lending Practices (Risks to Clients)
  5. Laws of Agency
    • Laws, Definitions and Nature of Agency Relationships
    • Creation and Disclosure of Agency and Agency Agreements (General)/Regulatory Details in State Portions
    • Responsibilities of Agent to Seller, Buyer, Landlord or Tenant as Principal
    • Responsibilities of Agent to Customers and Third Parties
    • Termination of Agency
  6. Mandated Disclosures
    • Property Condition Disclosure Forms
    • Warranties
    • Need for Inspection and Verifying Information
    • Material Facts Related to Property Condition or Location
    • Material Facts Related to Public Controls, Statutes, or Public Utilities
  7. Contracts
    • General Knowledge of Contract Law
    • Listing Agreement
    • Management Agreements (Broker Only)
    • Buyer Broker Agreements/Tenant Representation Agreements
    • Offers/Purchase Agreements
    • Counteroffers/Multiple Counteroffers
    • Leases and Lease-Purchase Agreements
    • Options and Right of First Refusal
    • Rescission and Cancellation Agreements
  8. Transfer of Title
    • Title Insurance
    • Conveyances after Death
    • Deeds
    • Escrow or Closing
    • Foreclosure, Short Sales
    • Special Processes (Broker Only)
  9. Practice of Real Estate
    • Trust Accounts (General)(Regulatory Details in State Portions)
    • Fair Housing Laws
    • Advertising
    • Agent Supervision
    • Commissions and Fees
    • General Ethics
    • Technology
    • Antitrust Laws
  10. Real Estate Calculations
    • General Math Concepts
    • Property Tax Calculations
    • Lending Calculations
    • Calculations for Transactions
    • Calculations for Valuation
    • Mortgage Calculations
  11. Specialty Areas
    • Property Management and Landlord/Tenant
    • Common Interest Ownership Properties
    • Subdivisions
    • Commercial, Industrial, and Income Property