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.
Such a wonderful school, they helped us, my husband and me, tremendously. So patient and professional, very knowledgeable and thorough. I sincerely recommend LicenseMasters, you will be prepared and ready in no time.

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


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

Property Ownership

Miles Square refers to shape.

Land Use Controls And Regulations

A condition might require homeowners to keep their yards well-maintained and free of clutter, in order to maintain property values in the community.

Valuation And Market Analysis

Properties located in undesirable neighborhoods, with poor access to amenities and services, and in areas with high crime rates or poor schools generally have lower values.

Financing

Non-Conforming Loan fails to meet bank criteria for funding.

General Principles Of Agency

If the death occurs during escrow, it is not terminated. If death occurs prior to escrow, it is terminated.

Property Disclosures

When a buyer agrees to accept a property in As Is condition, the buyer is not waiving any hidden defects, only the observable defects.

Contracts

Once the offer is accepted, a binding contract is formed and both parties are obligated to fulfill the terms of the contract. Both parties are bound to the terms of the contract and can face legal consequences for failing to fulfill their obligations.

Leasing And Property Management

Property managers are responsible for collecting rent from tenants and

Transfer Of Title

Judicial Foreclosure goes through the court system.

Practice Of Real Estate

Antitrust laws are designed to prevent anticompetitive practices in business, including in the real estate industry.

Real Estate Calculations

The gross sales price of the property - outstanding liens or mortgages = the net sales price

Thursday's Free Practice Questions

The Uniform Settlement Statement required by the by law shall be delivered or mailed to the borrower no later than


A.) Ten business days from the date of the loan commitment
B.) Three business days prior to the closing of the transaction
C.) One calendar day prior to the closing of the transaction
D.) At, or before, the date of settlement


A
B
C
D

This Is A Question



You Answered:


The Uniform Settlement Statement required by the by law shall be delivered or mailed to the borrower no later than


Correct Answer:
At, or before, the date of settlement

The Uniform Settlement Statement must be delivered to the borrower at, or before, closing.



Next Question →

A dual agency is legal if


A.) All parties are told before the close of escrow
B.) The buyer and seller consent to it
C.) The broker and the escrow company agree to it
D.) All parties are told after they sign the contracts


A
B
C
D

This Is A Question


You Answered:

A dual agency is legal if


Correct Answer:
The buyer and seller consent to it

In order for an agent to representing both parties and act as a dual agent the consent of both parties must be obtained.



Next Question →

A metes and bounds description of land would be used when


A.) The U.S. government geological survey system is used
B.) The streets bordering the parcel do not run due north or south
C.) The land has not been surveyed by a licensed surveyor
D.) The property is not covered by an already recorded map, and cannot be described by section, township and range designations


A
B
C
D

This Is A Question


You Answered:

A metes and bounds description of land would be used when


Correct Answer:
The property is not covered by an already recorded map, and cannot be described by section, township and range designations

Metes and bounds is a surveyor's method, so when describing a parcel not already covered by a recorded map, or not of such size as to be describable by the U.S. government survey method, metes and bounds is the method used.



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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