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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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!!

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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

Title Searchs ensure that the seller has legal ownership of the property and that there are no outstanding liens or encumbrances on the title.

Land Use Controls And Regulations

Maintenance Requirements require the property owner to maintain the property in a certain condition or to perform certain maintenance tasks regularly.

Valuation And Market Analysis

The cost approach is useful when the property being appraised is a type that is not frequently sold and does not generate income.

Financing

Quitclaim Deed recorded by the Vendee could also be used to remove Cloud On Title.

General Principles Of Agency

The buyer's agent has a fiduciary responsibility to act in the best interests of the buyer and provide them with professional advice and guidance throughout the home buying process.

Property Disclosures

If there are concerns about the plumbing or electrical systems in the property, it may be necessary to have a licensed plumber or electrician inspect the property.

Contracts

Contingencies are items placed into the contract that allow the buyer to back out and obtain their earnest money deposit back, minus any expenses they incurred during escrow.

Leasing And Property Management

The Consumer Price Index (CPI) is a commonly used index for adjusting lease rates in commercial leases.

Transfer Of Title

Loan Estimate Form (Good Faith Estimate)must be delivered to the borrower ithin three business days from the loan application. Borrower must acknowledge receipt, then has ten days to cancel or continue.

Practice Of Real Estate

Constructive Fraud is best described as ignorance. Lying without knowing.

Real Estate Calculations

Residential property is depreciated over 27.5 years

Monday's Free Practice Questions

What type of company is responsible for ensuring that the title is clear of any liens or other issues that could prevent the sale from being completed


A.) Facilitator
B.) Escrow Company
C.) Title Company
D.) Real Estate Attorney


A
B
C
D

This Is A Question



You Answered:


What type of company is responsible for ensuring that the title is clear of any liens or other issues that could prevent the sale from being completed


Correct Answer:
Title Company

A title company is responsible for conducting a title search on the property to ensure that the title is clear of any liens or other issues that could prevent the sale from being completed. The title company also issues a title insurance policy to protect the buyer and lender in case any issues arise with the title in the future.



Next Question →

Which type of delivery involves physically handing over the deed to the buyer


A.) Actual delivery.
B.) Constructive delivery.
C.) Conditional delivery.
D.) Contingent delivery.


A
B
C
D

This Is A Question


You Answered:

Which type of delivery involves physically handing over the deed to the buyer


Correct Answer:
Actual delivery.

Actual delivery refers to physically handing over the deed to the buyer. It involves the physical transfer of the document from the seller to the buyer, signifying the intent to transfer ownership.



Next Question →

Property is sold at a trustee's sale and goes to the highest bidder. The trustor has


A.) An equity of redemption time of one year
B.) An equity of redemption time of 90 days
C.) No recourse
D.) 111 days to pay off the loan balance


A
B
C
D

This Is A Question


You Answered:

Property is sold at a trustee's sale and goes to the highest bidder. The trustor has


Correct Answer:
No recourse

Once the trustee's sale has been held, the trustor (borrower) has no further recourse against the property. Equity of redemption occurs only in a court foreclosure sale.



Next Question →

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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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