Topics

Practice of real estate (Salesperson 13%; Broker 14%) A. Trust/escrow accounts 1. Purpose and definition of trust accounts, including monies held in trust accounts 2. Responsibility for trust monies, including […]

Topics

Leasing and Property Management (Salesperson 3%; Broker 5%) A. Basic concepts/duties of property management B. Lease Agreements 1. Types of leases, e.g., percentage, gross, net, ground 2. Key elements and […]

Topics

Land use controls and regulations (Salesperson 5%; Broker 5%) A. Government rights in land 1. Property taxes and special assessments 2. Eminent domain, condemnation, escheat B. Government controls 1. Zoning […]

Topics

General principles of agency (Salesperson 13%; Broker 11%) A. Agency and non-agency relationships 1. Types of agents and agencies 2. Other brokerage relationships (nonagents) a) Transactional b) Facilitators B. Agent’s […]

Topics

Financing (Salesperson 10%; Broker 8%) A. Basic concepts and terminology 1. Points 2. LTV 3. PMI 4. Interest 5. PITI 6. Financing instruments (mortgage, promissory note, etc.) B. Types of […]