Putting Real Estate License Exams into Perspective -- Sold! Taking a Glance at Real Estate License Exams -- Checking Out Licensing and Exam Basics -- Using Successful Study and Test-Taking Techniques -- One Word to Get You Through: PREPARE -- Trying Terrific Test-Taking Strategies -- So You Want to Sell Real Estate: The Job and Basic Laws -- The Job: It Isn't Just Driving People Around -- Who's Who in the Real Estate Business, and How Do They Get There? -- What Does a Real Estate Broker/Salesperson Do? -- How Does a Real Estate Broker/Salesperson Get Paid? -- Working Hard: Career Opportunities -- Property Management: A Special Kind of Career Opportunity -- Managing a Real Estate Office: You're the Boss, Ms. or Mr. Broker -- My Own Way: Working as an Independent Contractor -- I Get It! Job-Related Laws to Understand -- Understanding Agency Law -- You're Hired: Becoming Someone's Real Estate Agent -- Keeping the Faith: The Relationship Between an Agent and a Principal -- Meeting Obligations: The Relationship Between an Agent and a Customer -- Making Money (No, Not at the Copy Machine) -- Parting Is Such Sweet Sorrow: Ending an Agency Relationship -- Knowing the Fair Housing Laws for Selling Real Estate -- Practicing Fair Housing: The Basics -- Don't Do It: Avoding Discriminatory Actions -- Feeling Safe: Identifying Who's Protected -- Bending the Rules: Understanding Exceptions to the Law -- Extra Coverage: Protecting the Disabled from Discrimination -- Staying Strong: Enforcing the Law -- It's All Mine: Owning and Transferring Real Estate -- Owning It: Estates and Interests -- What Do You Own? Understanding Ownership Terms -- Estates (Even Without the Castles) -- It's My Right: Different Ownership Rights -- Understanding Forms of Real Estate Ownership -- Real Estate Ownership: A Solo or Group Activity -- Special Types of Ownership: Cooperatives, Condominiums, and More -- Knowing the Limitations on Real Estate Ownership -- Carrying a Not-So-Heavy Encumbrance: Private Limitations on Property Use -- Land-Use Regulation: A Major Public Limitation -- The Government Has Its Say: Other Public Limitations on Property Use -- Transferring Ownership: Deeds and Title Closing -- Doing the Deed: Delving into Deed Basics -- Getting Closure: Title Closing -- Giving Up or Losing Property -- Fine by Me: Giving Up Property Voluntarily -- By Force: Losing Property Involuntarily -- Losing Property Very Involuntarily: Passing Title After Passing Away -- A House Is Made of Lots of Paper: Legal and Physical Issues -- Contracts 101 -- Agreeing to Do Something: The Basics of Making a Contract -- So Many Choices: Examining Types of Real Estate Contracts -- The End of the Line: Discharging a Contract -- I Won't Do It! Breaching a Real Estate Contract -- Leasing Property -- Identifying Who's Who and What's What -- The Usual Suspects: Preparing a Typical Lease -- Distinguishing Among Various Types of Leases -- Breaking a Lease: Types of Eviction -- Dealing with Environmental Government Regulations and Issues -- Deciphering the Federal Government Alphabet Soup -- Assessing the Environmental Effects of Building Developments -- This Stuff Can Make You Sick: Examining Environmental Pollutants and Situations -- Go with the Flow: Water and Waste Issues -- You Want How Much? Valuation and Financing of Real Estate -- Appraising Property -- Figuring Out Appraisal Basics -- Location, Location, Location! -- Arriving at Different Types of Value -- Creating, Changing, and Affecting Values: Some Economic Factors -- Finding Value by Analyzing Comparable Sales -- Finding Value by Analyzing Replacement Cost and Depreciation -- Finding Value by Analyzing a Property's Income -- I'd Like to Solve the Puzzle: Reconciling a Property's Value -- Finding the Money: Mortgages -- The Way Things Work: Mortgage Basics -- Sources of (and Insurance for) Funding -- Considerations for Lenders Accepting Mortgages -- One Size Does Not Fit All: Types of Mortgages -- It's Payback Time: Mortgage Repayment Plans -- Endings You Didn't Anticipate: Foreclosures, Assumptions, and Assignments -- Being Fair: Consumer Protection Laws -- It's So Taxing: Real Estate Assessment and Taxes -- Who Wants Your Money, and What Do They Want with It? Collecting Taxes -- Go Figure! Calculating Taxes Step by Step -- Home Free (Sort of): Property Tax Exemptions -- That's Not Right: Protesting Assessments -- Pay or Lose: Tax Liens and Sales -- Investing in Real Estate -- Back to Basics: Getting Started with Property Investment -- Partnering Up: Real Estate Investment Organization Structures -- Spending Spree: Acquiring and Building Investments -- We're in the Money: Making Money by Investing in Real Estate -- Getting Uncle Sam's Help: The Government's Role in Investing -- By the Numbers: Analyzing Investment Properties -- All in the Numbers: Real Estate Mathematics -- Don't Lose the Faith, but You May Have to Convert -- Land and Buildings: Measuring Area and Volume -- Percentages: Pinpointing What You Really Need to Know -- Commissions: Tracking Your Moolah -- Making Mortgage Calculations without a Fancy Calculator -- Oh, the Pain: Calculating Taxes -- A Good Split: Putting Proration into Perspective -- Appreciating Appreciation and Depreciation -- What's It Worth? Estimating Appraised Value -- You're Ready to Pick Up Your Pencil: Taking Practice Exams -- Practice Exam One -- Answers and Explanations to Practice Exam One -- Practice Exam Two -- Answers and Explanations to Practice Exam Two -- Ten Things to Find Out From Your State's Real Estate Law -- Ten Tips to Help You Succeed on the Exam.
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This friendly, easy-to-read guide makes studying a breeze-and pinpoints exactly what you need to know to score well on the test.
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