86,762 verified 4-option questions Double-checked by independent solution

Real Estate Salesperson · Study Guide

Real Estate Salesperson Study Guide

Short lessons written for the national portion of the Real Estate Salesperson exam, plus 4,428 practice questions with explanations.

What is included

73 lessons in 8 sections: Real property characteristics, legal descriptions and property use, Forms of ownership, transfer and recording of title, Property value and appraisal, Real estate contracts and agency, Real estate practice, Property disclosures and environmental issues, Financing and settlement, Real estate math calculations
Audio in English and Spanish for every lesson, with the section being read highlighted
Spanish text for every lesson
Check yourself questions with explanations in every lesson
1,458 flashcards for quick review
4,428 Real Estate Salesperson practice questions with explanations

Study guide included with Real Estate plans · from $25.49

Every lesson in full, the audio, Check yourself questions and the full Real Estate Salesperson practice bank in one account. One payment, no subscription.

See Real Estate plans

Real property characteristics, legal descriptions and property use

10 lessons · 71 min

Real Versus Personal Property, Fixtures and Emblements7 min readOpen lesson Physical and Economic Characteristics of Land6 min read Legal Description Methods, Metes and Bounds and Surveys8 min read Rectangular Survey System and Lot and Block6 min read Police Power, Eminent Domain, Taxation and Escheat7 min read Deed Restrictions, Covenants and HOA Rules7 min read Zoning, Building Codes and Subdivision Regulations8 min read Easements, Licenses and Encroachments7 min read Water, Air and Mineral Rights8 min read Liens and Lien Priority7 min read

Forms of ownership, transfer and recording of title

8 lessons · 57 min

Bundle of Rights, Fee Simple and Life Estates7 min readOpen lesson Leasehold Estates and Types of Leases9 min read Condominiums, Cooperatives and Timeshares6 min read Severalty, Tenancy in Common and Joint Tenancy7 min read Marital Property, Trusts and Business Entities7 min read Deeds: Valid Elements, Delivery and Types7 min read Wills, Descent and Involuntary Alienation7 min read Recording, Title Search and Title Insurance7 min read

Property value and appraisal

9 lessons · 60 min

Market Value, Price and the Characteristics of Value7 min readOpen lesson Principles of Value: Highest and Best Use, Substitution and Change6 min read Conformity, Contribution and Plottage6 min read The Appraisal Process and Reconciliation7 min read Appraisal Regulation: FIRREA, USPAP and Licensing6 min read Licensee Pricing Tools: CMAs, Broker Price Opinions and AVMs7 min read Income Approach, Cap Rates and Rent Multipliers7 min read Sales Comparison Approach7 min read Cost Approach and Depreciation7 min read

Real estate contracts and agency

10 lessons · 71 min

Agency Relationships: Principal, Client and Customer7 min readOpen lesson Fiduciary Duties and Duties to Customers7 min read Subagency, Dual Agency and Designated Agency7 min read Listing and Buyer Representation Agreements7 min read Essential Elements of a Valid Contract8 min read Types of Contracts and Enforceability7 min read Breach, Remedies and Damages6 min read Purchase Agreements, Earnest Money and Contingencies7 min read Options, Installment Contracts, Leases and Assignment7 min read Offers, Counteroffers and Multiple Offers8 min read

Real estate practice

9 lessons · 65 min

Fair Housing Act and Protected Classes7 min readOpen lesson Steering, Blockbusting, Redlining and Fair Housing Ads7 min read ADA Accessibility and Reasonable Accommodations8 min read Broker Supervision, Liability and Scope of Expertise6 min read Antitrust Laws in Brokerage7 min read Commissions, MLS and Trust Accounts8 min read Advertising, Do Not Call and Consumer Privacy8 min read Fraud, Misrepresentation and Errors and Omissions Insurance7 min read Property Management and Landlord Tenant Relations7 min read

Property disclosures and environmental issues

8 lessons · 54 min

Seller Disclosures, Material Facts and Latent Defects7 min readOpen lesson Lead-Based Paint Rules7 min read Asbestos, Radon, Mold and Indoor Air Hazards6 min read CERCLA, Superfund and Site Assessments7 min read Groundwater, Storage Tanks and Brownfields6 min read Clean Air and Water Acts, Wetlands and Flood Zones8 min read Stigmatized Property and Offender Registry Notices6 min read Licensee Liability, Inspections and Home Warranties7 min read

Financing and settlement

10 lessons · 72 min

Promissory Notes, Mortgages and Deeds of Trust7 min readOpen lesson Mortgage Markets and Loan Underwriting7 min read FHA, VA and USDA Loans7 min read Loan to Value, Mortgage Insurance and Discount Points8 min read Conventional, Fixed-Rate and Adjustable-Rate Loans7 min read Seller Financing, Equity Loans and Specialty Loans6 min read Truth in Lending, Regulation Z and TRID6 min read RESPA, Equal Credit and Predatory Lending8 min read Default, Foreclosure and Short Sales8 min read Closing Procedures, Prorations and Disbursement8 min read

Real estate math calculations

9 lessons · 63 min

Area, Acreage and Unit Conversions6 min readOpen lesson Seller Net Proceeds and Buyer Cash to Close7 min read Commission and Agent Splits8 min read Closing Prorations, Transfer Taxes and Closing Costs10 min read Discount Points, PITI and Amortization5 min read Loan to Value, Down Payment and Interest7 min read Income Property: NOI, Cap Rates and Multipliers6 min read Listing Price, Property Taxes and Equity7 min read Investment Returns, Appreciation and Depreciation7 min read

Study guide included with Real Estate plans

Every lesson in full, the audio, Check yourself questions and the full Real Estate Salesperson practice bank in one account.

See Real Estate plans

Already a member? Log in

Sample lessons: Real Versus Personal Property, Fixtures and Emblements · Bundle of Rights, Fee Simple and Life Estates · Market Value, Price and the Characteristics of Value · Agency Relationships: Principal, Client and Customer · Fair Housing Act and Protected Classes · Seller Disclosures, Material Facts and Latent Defects · Promissory Notes, Mortgages and Deeds of Trust · Area, Acreage and Unit Conversions

Original lessons written for Real Estate Salesperson practice. Exam names are trademarks of their owners; tests.global is not affiliated with them.