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


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

Property Ownership

Trade Fixtures are used in a business and considered personal property. A tenant can take a trade fixture but must remove before the lease expires. If they do not remove it, it becomes the property of the landlord through Accession.

Land Use Controls And Regulations

Flood Insurance Rate Maps are used to determine insurance rates and building requirements.

Valuation And Market Analysis

Principle of Regression is building less than the value of homes in the area.

Financing

Amortized Loans are a payment structure where interest is calculated and added to the principal amount. Borrower makes equal payments over the life of the loan to pay off both the principal and interest.

General Principles Of Agency

Real estate agents must disclose any material facts that could affect the value or desirability of a property, such as known defects or neighborhood issues.

Property Disclosures

If there are any concerns about the structural integrity of the property, such as foundation or roof damage, it may be necessary to have a structural engineer inspect the property.

Contracts

Implied Contracts are created by actions or evidence.

Leasing And Property Management

The lease should specify who is responsible for maintenance and repairs of the property, including any specific obligations of the landlord and tenant.

Transfer Of Title

Home warranties only cover issues related to normal wear and tear on the home's systems and appliances.

Practice Of Real Estate

When using technology to communicate with clients or transmit confidential information, agents must ensure that appropriate security measures are in place.

Real Estate Calculations

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

Monday's Free Practice Questions

Who does the listing agent represent


A.) The buyer
B.) The seller
C.) Both the buyer and the seller
D.) Neither the buyer nor the seller


A
B
C
D

This Is A Question



You Answered:


Who does the listing agent represent


Correct Answer:
The seller

A seller's agent represents the seller or the listing broker. The seller's agent works on behalf of the seller to market and sell their property.



Next Question →

An act of the promisee from which the promisor derives a benefit or an advantage would be a definition of


A.) An unenforceable contract
B.) Negative fraud
C.) Subrogation
D.) Consideration


A
B
C
D

This Is A Question


You Answered:

An act of the promisee from which the promisor derives a benefit or an advantage would be a definition of


Correct Answer:
Consideration

By definition.



Next Question →

Occasionally, all three approaches to valuation of real property are used to arrive at a final estimate of value. However, the comparison approach is given greater weight in the appraisal of


A.) Income-producing property
B.) Service property
C.) Single-family dwellings
D.) Commercial property


A
B
C
D

This Is A Question


You Answered:

Occasionally, all three approaches to valuation of real property are used to arrive at a final estimate of value. However, the comparison approach is given greater weight in the appraisal of


Correct Answer:
Single-family dwellings

The comparison basis of appraising is most appropriate in appraising single-family dwellings.



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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