This comprehensive, detailed and substantive survey of basic real estate principles is the key to passing the California Real Estate Sales Exam. Designed in its entirety around the exam?s content, this book is easy-to understand, yet rigorous in its learning models to reinforce information necessary to pass the exam. Each chapter includes a summary, highlighted important terms/concepts, practical application questions and review questions to boost user comprehension and retention of material. A practice exam improves students? test-taking confidence by allowing a simulation of the actual test-taking experience.
Provides a practical, accurate accounting of California real estate principles intended to prepare readers to pass the state real estate examination.
From the Publisher
Key Benefit: Comprehensive, detailed, and substantive -- yet accessible -- this survey of basic real estate principles is designed to prepare readers for the California Real Estate Sales Exam -- and to provide consumer data for their own real estate use. Includes a complete 150-question practice final examination — with answers and test-taking hints -- similar in format and content to the actual exam. Key Topics: Covers topics such as Legal Description, Method of Acquiring Title, and Deeds; Estates and Methods of Holding Title; Encumbrances, Liens, and Homesteads; Real Estate Agency; Real Estate Contracts; Practical Real Estate Mathematics; Introduction to Real Estate Finance; Real Estate Lenders; FHA, VA, CAL-VET Loans, and the Secondary Mortgage Market; Real Estate Appraisal; The Role of Escrow and Title Insurance Companies; Landlord and Tenant Relations; Land-Use Planning, Subdivisions, and Other Public Controls; Introduction to Taxation; Single-Family Homes and Mobile Homes; and A Career in Real Estate. Incorporates up-to-date real estate finance changes. Discusses real estate applications of the 1997 Tax Payer's Relief Act. Provides the latest update on requirements for the real estate license in California. Market: For those preparing for the California Real Estate License Exam and for anyone interested in consumer data for their own real estate use.
From the Back Cover