Real Estate Exam Topics

Everything's Covered!

Our exam system covers all of the topics you need to know in order to pass the National real estate exam:



  • Property Ownership

  • Land Use Controls And Regulations

  • Valuation And Market Analysis

  • Financing

  • General Principles Of Agency

  • Property Disclosures

  • Contracts

  • Leasing And Property Management

  • Transfer Of Title

  • Practice Of Real Estate

  • Real Estate Calculations

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Our State Exam Preparation System Involves Three Key Areas

Crash Courses
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Designed To Teach You Everything That You Need To Know To Pass The State Exam.

Practice Exams
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Learn How To Breakdown The Questions On The Exam & Test Your Level Of Readiness.

Refreshers
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There Is A Lot Of Information To Remember. These Are Designed To Refresh On All The Topics.

We Include All Of These Tools With Our System!


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Real Estate Salesperson Exam System



Toolbox We Include Every Tool!
  • Practice Questions
  • Crash Course Training
  • Topic Specific Exams
  • Unlimited Simulators
  • State Exam Flash Cards
  • Real Estate Glossary
  • State Exam Study Guide
  • State Exam Audio Series
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*Subscription time begins when the system is started, not when registered. Subscriptions must be used within one year from the registration date. All plans have discounted renewal options, if needed.



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Erik H.
License Masters makes the entire process as simple as possible and are quick to respond to any questions. I will 100% continue to use them in the future.

Heather T.
I PASSED! I highly recommend License Masters! I took their Crash Course the Saturday before my exam date.I also did their practice exams over and over until I got over 70%. Guess what?! I finished the exam FIRST and Passed! Woohoo! Do yourself a favor and work with License Masters. 💯😊🏡 You got this!

Najin I.
The crash course went over all the important concepts for the exam and the exam prep got me familiar to the types of questions you see on the actual exam. There were 10 practice exams (each 100 questions) and an exam simulator which had 150 questions. You could also do practice questions based on each specific topic which was super helpful. After finishing all the practice tests and the exam simulator I went to my state’s exam super confident and passed the first time. I didn’t use any study material other than the study guide and the practice questions from license masters and I thought that was more than enough. I highly recommend license master crash course and exam prep to anyone who is planning to take the California Salesperson exam.

Marisa D.
I passed my brokers exam on the first try. Having access to the material, the crash course review and the availability to ask clarifying questions was super helpful. Because I took the simulator tests a few times I knew I could finish the test in about two hours. This gave me confidence that I could stop and take a break when I needed to because I had plenty of time. I took a water break and was still the first one to finish. I would highly recommend this school to anyone who wishes to pass on the first try!! Thank you Lynda for being such an encouragement!!! Well worth the investment!!!!

Leilany S.
License Masters worked perfectly for me. I studied the flash cards and did at least 10 questions a day from their prep exams then when I knew I was ready, I sat down and did the 100 questions. I have a busy schedule so this 100% worked for me. I passed my Real Estate Exam first try. Taking the crash course near your exam date helps alot too. That package I took with me to study before I took my State Exam, it helped me retain the information. One thing I can advise is to use the flash cards and read the vocab as you are taking your pre license courses. That way you have some prior wisdom.

Mardi F.
I would highly recommend this school. I took the crash course on a Wednesday and then used all of their study materials and exams everyday up until my Broker's exam the following Tuesday. Ryan was so helpful and a great instructor. He also responded to emails right away. I passed my exam the first time!!

Petra M.
I highly recommend License Masters. I took the one day- crash course to help right before the exam and passed. Very professional and the instructor answered all of my questions.

Ludmila G.
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Lizette M.
I had a very nice experience using their studying methods, was smooth and very easy to study. I truly recommend this school.



The Key To Passing The National Exam Is Understanding The Topic Areas


National Exam Topics Pie Chart


Monday's Free Key Points
Key Point's are important bullet points that relate to National exam topic areas.

Property Ownership

Alluvium / Alluvion is the depositing of land from a water source such as a river bend.

Land Use Controls And Regulations

Mitigation of radon may involve installation of a venting system to reduce the concentration of the gas inside the home.

Valuation And Market Analysis

Principle of Progression is building beyond the value of homes in the area.

Financing

Primary Market is where consumers go to borrow money.

General Principles Of Agency

A power of attorney is a legal document that allows an individual (principal) to delegate authority to another person (agent / attorney-in-fact) to act on their behalf in certain matters.

Property Disclosures

If hazardous waste was stored or disposed of on the property, it must be disclosed to potential buyers.

Contracts

Voidable contracts could go forward or not go forward.

Leasing And Property Management

The lease should specify the circumstances under which either party may terminate the lease, and the procedures for doing so.

Transfer Of Title

If the grantor is declared legally incompetent, then the title transfer is void.

Practice Of Real Estate

Antitrust refers to laws and regulations that are intended to promote competition in the marketplace and prevent anti-competitive practices by businesses.

Real Estate Calculations

Property taxes are typically calculated based on the assessed value of a property and the tax rate set by the local government. The assessed value is usually a percentage of the property's fair market value and is determined by the local assessor's office.

Monday's Free Practice Questions

In complying with RESPA, a lender must furnish the prospective borrower an information booklet prepared by HUD no later than the third business day from which of the following dates


A.) The date the uniform settlement statement is delivered to the borrower
B.) The date of the opening of escrow on the sales transaction
C.) The date the lender receives the borrower's loan application
D.) The borrower requests a copy


A
B
C
D

This Is A Question



You Answered:


In complying with RESPA, a lender must furnish the prospective borrower an information booklet prepared by HUD no later than the third business day from which of the following dates


Correct Answer:
The date the lender receives the borrower's loan application

RESPA requires the delivery of a good faith estimate and the HUD booklet no later than the third business day from the date the application is received.



Next Question →

Accretion is title to land acquired by


A.) The state government
B.) An owner of adjoining land by natural causes
C.) The federal government
D.) None of the above


A
B
C
D

This Is A Question


You Answered:

Accretion is title to land acquired by


Correct Answer:
An owner of adjoining land by natural causes

Accretion is the gradual and imperceptible addition of land by alluvial / alluvium deposits of soil through natural causes, such as along shoreline, by movement caused by streams or rivers. The added land becomes the property of the owner where the deposits rest.



Next Question →

Which of the following approaches to value estimate tends to be the easiest to arrive at


A.) Market comparison
B.) Replacement
C.) Income
D.) Comparable sales


A
B
C
D

This Is A Question


You Answered:

Which of the following approaches to value estimate tends to be the easiest to arrive at


Correct Answer:
Comparable sales

When an appraiser can find comparable properties in which to base the value of the subject property, it is ultimately easier to arrive at a value than the other methods.



Next Question →

Great Job!!!

We Strongly Believe That Passing The State Exam Involves Two Key Areas:
· Understanding The Topics On The State Exam
· Recognizing These Topics In The Questions

Our real estate exam system will reinforce topics by utilizing questions specific to the National real estate exam.

Crash Courses: Designed to help you understand the topics on the state exam.

Practice Exams: Reinforce topics and make it easier to recognize them in questions.


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