General
Real Estate Law – 50 Questions
Characteristics of contracts
Purchase contracts
Essentials of contracts
Breach of contracts and Remedies
Offers and Counteroffers
Options
Earnest money
Statute of Frauds
First right of refusal
Judgments
Attachments
Mechanic’s liens
Nature of real property
Recordation
Priority of liens
Types of encumbrances
Easements
Encroachments
Deed Restrictions
Truth in Lending
Sherman Antitrust
Fair Housing
ADA
Brokerage/Agency
– 30 Questions
Agent responsibilities
Types of listing agreements
Termination of Agency
Role and responsibility of licensees
Disclosure
Types of Agents
Property management
Leases
Ownership/Transfer
– 40 Questions
Adverse possession
Assessments
Eminent Domain
Estates in land
Fixtures/personal property
Government Rights
Homestead rights
Wills
Inheritance
Police Power
Property Taxation
Tenancies
Voluntary/Involuntary alienation
Water rights
Zoning
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Appraisal
– 20 Questions
Market data approach
Cost approach
Income approach
Principles of value
Finance
– 30 Questions
Foreclosure
Forfeiture
Conventional loans
FHA/VA loans
Financing instruments
Primary/secondary markets
Repayment methods
Private loans
Closing/Settlement
– 8 Questions
Closing statements
Prorating
Title insurance
RESPA
Legal
Descriptions – 6 Questions
Lot and Block
Metes and Bounds
Government Survey
Math
– 16 Questions
Interest on loans
Rate of returns
Principles of value
Commissions
Net to seller
Profit
Depreciation
Book Value
Assessed value
Property taxation
Area
Acreage
Perimeter
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