Real Estate License Exams for Dummies

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Author: John A. Yoegel PhD, DREI

ISBN-10: 0764576232

ISBN-13: 9780764576232

Category: Business Education & Study

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Every year, thousands of Americans make the leap to an exciting, rewarding new career in real estate. If real estate is your dream career, passing the real estate license exam is the first step to success. With real estate basics and unbeatable study tips, Real Estate License Exams For Dummies will help you pass the test with flying colors — and get your new career off to a great start. If you want to get the best possible score on the exam, you need the kind of practical test preparation guidance you’ll find here — all at a much cheaper price than you’d pay for a test preparation seminar or class. Real Estate License Exams For Dummies covers all the basics on: How — and what — to study Knowing what to expect on test day Developing the math skills you’ll need Understanding your state’s license laws and procedures Different exam formats In addition to helping you get a great score on the test and get licensed, this handy guide also covers the basics of the real estate business itself — from legal issues to taxes to contracts. For anyone preparing for the license exam, or just thinking about taking it, this unbeatable study guide answers all your most vital questions on: Careers and job opportunities in real estate How commissions and other forms of payment work Working independently or for an agency Federal fair housing laws you should know Land and ownership rights Owning through partnerships, cooperatives, and corporations Deeds, mortgages, and closings Types of real estate contracts and agreementsEnvironmental regulations Valuation and property appraisal Financing and taxes Using real estate as an investment vehicle Plus, two practice exams with answers and explanations let you test your knowledge before you take the exam, so you’ll know if you’re ready or not. Real Estate License Exams For Dummies is a helpful, straightforward resource that puts future real estate professionals on track for success.

Introduction. Part I: Putting Real Estate License Exams into Perspective. Chapter 1: Sold! Taking a Glance at Real Estate License Exams. Chapter 2: Using Successful Study and Test-Taking Techniques. Part II: So You Want to Sell Real Estate: The Job and Basic Laws. Chapter 3: The Job: It Isn’t Just Driving People Around. Chapter 4: Understanding Agency Law. Chapter 5: Knowing the Fair Housing Laws for Selling Real Estate. Part III: It’s All Mine: Owning and Transferring Real Estate. Chapter 6: Owning It: Estates and Interests. Chapter 7: Understanding Forms of Real Estate Ownership. Chapter 8: Knowing the Limitations on Real Estate Ownership. Chapter 9: Transferring Ownership: Deeds and Title Closing. Chapter 10: Giving Up or Losing Property. Part IV: A House Is Made of Lots of Paper: Legal and Physical Issues. Chapter 11: Contracts 101. Chapter 12: Leasing Property. Chapter 13: Dealing with Environmental Government Regulations and Issues. Part V: You Want How Much? Valuation and Financing of Real Estate. Chapter 14: Appraising Property. Chapter 15: Finding the Money: Mortgages. Chapter 16: It’s So Taxing: Real Estate Assessment and Taxes. Chapter 17: Investing in Real Estate. Chapter 18: All in the Numbers: Real Estate Mathematics. Part VI: You’re Ready to Pick Up Your Pencil: Taking Practice Exams. Chapter 19: Practice Exam One. Chapter 20: Answers and Explanations toPractice Exam One. Chapter 21: Practice Exam Two. Chapter 22: Answers and Explanations to Practice Exam Two. Part VII: The Part of Tens. Chapter 23: Ten Things to Find Out From Your State’s Real Estate Law. Chapter 24: Ten Tips to Help You Succeed on the Exam. Index.