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


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

Property Ownership

Acre: 43,560 sq ft

Land Use Controls And Regulations

The Energy Conservation Code sets standards for energy efficiency in buildings, including requirements for insulation, lighting, and HVAC systems.

Valuation And Market Analysis

Larger homes or lots generally have higher values.

Financing

In a Limited Partnership, the General Partner holds all of the personal liabilities for the debts of the limited partnership. Other partners are not responsible for firm debts beyond their individual investment.

General Principles Of Agency

The principal retains ultimate control over the transaction and can revoke a power of attorney or other delegation of authority at any time.

Property Disclosures

The acronym LEAD stands for: Lead-Based Paint Exposure Assessment, Reduction, and Abatement Act.

Contracts

Delivery can be made through a third party, such as a courier or delivery service, or by mail.

Leasing And Property Management

The lease should clearly identify the landlord and the tenant, including their contact information and legal names.

Transfer Of Title

Capital Gains refer to profit realized from the sale of an asset, including real estate.

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

Closing costs are fees charged by the parties involved in the transaction, such as the title company, attorney, and home inspector.

Friday's Free Practice Questions

What best describes what marketable title refers to


A.) A property's ownership status that is free from defects
B.) The ability to obtain title insurance
C.) The ease of transferring ownership to a new owner
D.) All of the above


A
B
C
D

This Is A Question



You Answered:


What best describes what marketable title refers to


Correct Answer:
All of the above

Marketable title refers to a property's ownership status that is free from defects, liens, or other legal claims. It also means that the title can be easily transferred to a new owner and makes it easier to obtain title insurance and financing.



Next Question →

Which of the following statements about real estate financing is incorrect


A.) Discounting a note indicates that it is being sold at less than the face value, or amount still owing on the principal
B.) A promissory note is security for a mortgage
C.) Although a mortgage does not transfer legal title to property, it is still considered a lien
D.) The owner of a property who borrows money and signs a mortgage is called a mortgagor


A
B
C
D

This Is A Question


You Answered:

Which of the following statements about real estate financing is incorrect


Correct Answer:
A promissory note is security for a mortgage

The mortgage is security for the promissory note, but the reverse is not true. Each of the other statements is correct.



Next Question →

When a dam broke, the flow of water cut a strip of land from the river bank. This would be known as


A.) Accretion
B.) Alluvion
C.) Reversion
D.) Avulsion


A
B
C
D

This Is A Question


You Answered:

When a dam broke, the flow of water cut a strip of land from the river bank. This would be known as


Correct Answer:
Avulsion

Avulsion is the sudden violent tearing away of land by water. Accretion is the process of gradual additions to land bordering a river or stream. Alluvion is the dirt that is added by accretion, and reversion refers to the rights of someone to property at a later time.



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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