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Broker Pre-License Topics (60 Hrs.)

Chapter #1: The Real Estate Business
6 Topics | 1 Exam
Chapter 1 – Audio Version
Introduction: Study Plan
Real Estate Professions
Real Estate Brokerage
Professional Organizations
Regulation and Licensing
Chapter #1: The Real Estate Business
Chapter #2: Rights in Real Estate
3 Topics | 1 Exam
Real Estate as Property
Real Versus Personal Property
Regulation of Real Property Interests
Chapter #2: Rights and Interests in Real Estate
Chapter #3: Interests and Estates
3 Topics | 1 Exam
Interests and Estates in Land
Freehold Estates
Leasehold Estates
Chapter #3: Interests and Estates
Chapter #4: Ownership
7 Topics | 1 Exam
Time-Shares
Sole Ownership
Co-Ownership
Estates in Trust
Ownership by Business Entities
Condominiums
Cooperatives
Chapter #4: Ownership
Chapter #5: Encumbrances and Liens
7 Topics | 1 Exam
Encumbrances
Easements
Encroachments
Licenses
Deed Restrictions
Liens
Foreclosure
Chapter #5: Encumbrances and Liens
Chapter #6: Transferring & Recording Title To Real Estate
5 Topics | 1 Exam
Involuntary Title Transfer
Title to Real Estate
Wills
Deeds of Conveyance
Title Records
Chapter #6: Transferring and Recording Title to Real Estate
Chapter #7: Leasing Essentials
4 Topics | 1 Exam
Default and Termination
The Lease Contract
Uniform Residential Landlord and Tenant Act
Types of Lease
Chapter #7: Leasing Essentials
Chapter #8: Land Use Planning and Control
4 Topics | 1 Exam
Public Land Use Control
Real Estate Planning
Environmental Controls
Private Land Use Control
Chapter #8: Land Use Planning and Control
Chapter #9: Legal Descriptions
5 Topics | 1 Exam
Metes and Bounds
The Rectangular Survey System
Recorded Plat Method
Describing Elevation
Methods of Legal Description
Chapter #9: Legal Descriptions
Chapter #10: Fundamentals of Contract Law
4 Topics | 1 Exam
Contract Validity and Enforceability
Contract Creation
Classifications of Contracts
Contract Termination
Chapter #10: Fundamentals of Contract Law
Chapter #11: National Agency Practices
4 Topics | 1 Exam
Agency Disclosure Rules
Forms of Real Estate Agency
Fiduciary Duties
The Agency Relationship
Chapter #11: National Agency
Chapter #12: Listing Agreement: An Overview
4 Topics | 1 Exam
Fulfillment and Termination
Agreement Clauses
Review of Legal Foundations
Types of Listing Agreement
Chapter #12: Listing Agreements – An Overview
Chapter #13: General Brokerage Practices
5 Topics | 1 Exam
Function and Organization
The Sponsoring Broker-Salesperson Relationship
Operating a Real Estate Brokerage
Business Brokerage
Syndications and Securities Brokerage
Chapter #13: General Brokerage Practices
Chapter #14: Overview of Conveyance Contracts
4 Topics | 1 Exam
Contract for Sale
Sale Contract Provisions
Option-To-Buy Contract
Contract for Deed
Chapter #14: Overview of Conveyance Contracts
Chapter #15; Real Estate Market Economics
2 Topics | 1 Exam
The Market System
Real Estate Market Dynamics
Chapter #15: Real Estate Market Economics
Chapter #16: Appraising and Estimating Market Value
6 Topics | 1 Exam
Real Estate Value
Appraising Market Value
The Sales Comparison Approach
The Cost Approach
The Income Capitalization Approach
Regulation of Appraisal Practice
Chapter #16: Appraising and Estimating Market Value
Chapter #17: Real Estate Finance
7 Topics | 1 Exam
Anatomy of Mortgage Lending
Initiating a Mortgage Loan
Qualifying for a Mortgage Loan
Closing a Loan
Laws Affecting Mortgage Lending
The Mortgage Market
Types of Real Estate Loans
Chapter #17: Real Estate Finance
Chapter #18: Real Estate Investment
6 Topics | 1 Exam
Investment Fundamentals
Real Estate as an Investment
Real Estate Investment Entities
Taxation of Real Estate Investments
Investment Analysis of a Residence
Investment Analysis of an Income Property
Chapter #18: Real Estate Investment
Chapter #19: Real Estate Taxation
4 Topics | 1 Exam
Taxing Entities
Ad Valorem Taxation
Special Assessments
Tax Lien Enforcement
Chapter #19: Real Estate Taxation
Chapter #20: Professional Practices
3 Topics | 1 Exam
Fair Housing Laws
Property Disclosures
Other Professional Practices
Chapter #20: Professional Practices
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Chapter #3: Interests and Estates

Broker Pre-License Topics (60 Hrs.) Chapter #3: Interests and Estates
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