Topics

Valuation and market analysis (Salesperson 7%; Broker 7%) A. Appraisals 1. Purpose and use of appraisals for valuation 2. General steps in appraisal process 3.…

Topics

Transfer of Title (Salesperson 8%; Broker 7%) A. Title Insurance 1. What is insured against 2. Title searches, title abstracts, chain of title 3. Marketable…

Topics

Real estate calculations (Salesperson 10%; Broker 8%) A. Basic math concepts 1. Loan-to-value ratios 2. Discount points 3. Equity  4. Down payment/amount to be financed…

Topics

Property ownership (Salesperson 8%; Broker 10%) A. Real versus personal property; conveyances B. Land characteristics and legal descriptions 1. Types of legal descriptions; Metes and…

Topics

Property disclosures (Salesperson 6%; Broker 7%) A. Property condition 1. Property condition that may warrant inspections and surveys 2. Proposed uses or changes in uses…