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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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!!

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


National Exam Topics Pie Chart


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

Property Ownership

Life Estate with Remainder - Title goes to a person named by the owner.

Land Use Controls And Regulations

International Building Code is a model building code developed by the International Code Council (ICC), and has been adopted in whole or in part by many states and local jurisdictions in the US, and it is also used as a basis for federal building codes.

Valuation And Market Analysis

The appraiser reconciles the estimates of value from each of the three approaches to arrive at a final estimate of value.

Financing

The Request For Notice Of Default would be important to the lender in a second position or more as it would allow them to be aware of the potential foreclosure on the first position loan.

General Principles Of Agency

The responsibility for the actions of an unlicensed transaction coordinator ultimately falls on the licensed real estate agent or broker who has hired them.

Property Disclosures

If the property is located near sources of air pollution, such as highways or factories, it must be disclosed.

Contracts

The one who communicated acceptance back to the offeror is the one who most deserves a commission.

Leasing And Property Management

The lease should specify the permitted uses of the property, any restrictions or limitations on use, and any required permits or licenses.

Transfer Of Title

The specific rules and requirements for each type of foreclosure vary depending on state law and the terms of the mortgage or deed of trust.

Practice Of Real Estate

Brokers should also ensure that unlicensed personnel are properly trained and supervised, and that they understand their role.

Real Estate Calculations

Straight-Line Depreciation involves dividing the cost of the property (minus the value of the land) by the estimated useful life of the property.

Tuesday's Free Practice Questions

Mrs. Kelly Clark is seeking an FHA loan. Mrs. Clark will be evaluated in relation to


A.) Marital status
B.) The loan repayment period
C.) Credit characteristics
D.) The age of the house and total square footage of the lot on which it rests


A
B
C
D

This Is A Question



You Answered:


Mrs. Kelly Clark is seeking an FHA loan. Mrs. Clark will be evaluated in relation to


Correct Answer:
Credit characteristics

The credit history of the borrower will be evaluated in securing the loan.



Next Question →

A city's master plan would include


A.) Access to water, drainage and sewage
B.) Recreational and commercial areas, as well as subdivision design
C.) Flow of intercity traffic on freeways
D.) All of the above


A
B
C
D

This Is A Question


You Answered:

A city's master plan would include


Correct Answer:
All of the above

All of these items would appear on the city's master plan as drawn up by the Planning Commission.



Next Question →

Which of the following statements is most correct concerning the rights of a life estate holder


A.) The life estate holder may not create an estate that will extend beyond the duration of the life estate
B.) It is a freehold estate
C.) It is a fee simple interest in property
D.) All of the above


A
B
C
D

This Is A Question


You Answered:

Which of the following statements is most correct concerning the rights of a life estate holder


Correct Answer:
All of the above

A life estate is all of these items.



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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