Real Estate License Exams For Dummies, 3e

פרטים

Your ticket to passing the real estate license exam In order to become a licensed real estate agent, you must pass your state's real estate licensing exam and with this hands-on guide, you'll get everything you need to succeed. Inside, you'll find the latest and most up-to-date information on contracts, deeds, appraisals, leasing, and mortgage types, plus four full-length practice tests to help prepare you for test day. Before you know it, you'll have all the knowledge you need to pass the exam and join the ranks as a professional real estate agent. Every year, thousands of Americans make the leap to an exciting, rewarding new career in real estate. If you want to get the best possible score, Real Estate License Exams For Dummies will help you pass with flying colors and get your new career off to a great start! * Includes four sample tests with detailed answer explanations and walk-throughs * Covers real estate laws for all 50 states * Provides proven test-taking strategies and study techniques * Offers a glossary of real estate terms If real estate is your dream career, this unbeatable, bestselling guide arms you with the skills to make it a reality.

מידע נוסף

מידע נוסף
מהדורה	3rd Edition
עמודים	464
מחליף את פריט	1W118572830
פורמט	Paperback / softback
ISBN10	1119370655
יצא לאור ב	New York
תאריך יציאה לאור	26 במאי 2017
תוכן עניינים	Introduction 1 About This Book 1 Foolish Assumptions 3 Icons Used in This Book 3 Where to Go from Here 4 Part 1: Putting Real Estate License Exams into Perspective 7 Chapter 1: Sold! Taking a Glance at Real Estate License Exams 9 Checking Out Licensing and Exam Basics 9 Sign Me Up: Registering for the Exam 12 Knowing What to Take to the Exam and What to Leave at Home 13 Scoring High: Figuring Out How Scores Are Determined 14 Take Two: Retaking the Exam 15 Chapter 2: Using Successful Study and Test-Taking Techniques 17 One Word to Get You Through: PREPARE 17 Trying Terrific Test-Taking Strategies 21 Part 2: So You Want to Sell Real Estate: The Job and Basic Laws 25 Chapter 3: The Job: It Isn't Just Driving People Around 27 Recognizing Those in the Real Estate Business and How They Got There 28 Knowing What a Real Estate Broker/Salesperson Does 30 Understanding How a Real Estate Broker/Salesperson Gets Paid 32 Working Hard: Career Opportunities 33 Property Management: A Special Kind of Career Opportunity 35 Managing a Real Estate Office: You're the Boss, Ms or Mr Broker 39 Working as an Independent Contractor 40 Focusing on Job-Related Laws That You Need to Understand 41 Review Questions and Answers 43 Chapter 4: Understanding Agency Law 47 Becoming Someone's Real Estate Agent: You're Hired 48 Keeping the Faith: The Relationship between an Agent and a Principal 54 Meeting Obligations: The Relationship Between an Agent and a Customer 57 Making Money (No, Not at the Copy Machine) 59 Parting Is Such Sweet Sorrow: Ending an Agency Relationship 61 Review Questions and Answers 62 Chapter 5: Knowing the Fair Housing Laws for Selling Real Estate 67 Practicing Fair Housing: The Basics 67 Don't Do It: Avoiding Discriminatory Actions 69 Feeling Safe: Identifying Who's Protected 73 Bending the Rules: Understanding Exceptions to the Law 74 Extra Coverage: Protecting the Disabled from Discrimination 76 Staying Strong: Enforcing the Law 76 Review Questions and Answers 76 Part 3: It's All Mine: Owning and Transferring Real Estate 81 Chapter 6: Owning It: Estates and Interests 83 What Do You Own? Understanding Ownership Terms 83 Estates (Even Without the Castles) 85 Eyeing Different Ownership Rights 88 Review Questions and Answers 90 Chapter 7: Understanding Forms of Real Estate Ownership 93 Real Estate Ownership: A Solo or Group Activity 93 Special Types of Ownership: Cooperatives, Condominiums, and More 98 Review Questions and Answers 100 Chapter 8: Knowing the Limitations on Real Estate Ownership 103 Carrying a Not-So-Heavy Encumbrance: Private Limitations on Property Use 103 Land-Use Regulation: A Major Public Limitation 111 The Government Has Its Say: Other Public Limitations on Property Use 117 Review Questions and Answers 119 Chapter 9: Transferring Ownership: Deeds and Title Closing 123 Doing the Deed: Delving into Deed Basics 123 Getting Closure: Title Closing 135 Review Questions and Answers 143 Chapter 10: Giving Up or Losing Property 147 Fine by Me: Giving Up Property Voluntarily 147 By Force: Losing Property Involuntarily 148 Losing Property Very Involuntarily: Passing Title After Passing Away 151 Review Questions and Answers 152 Part 4: A House Is Made of Lots of Paper: Legal and Physical Issues 157 Chapter 11: Contracts 101 159 Agreeing to Do Something: The Basics of Making a Contract 159 So Many Choices: Examining Types of Real Estate Contracts 162 The End of the Line: Discharging a Contract 167 Breaching a Real Estate Contract 168 Review Questions and Answers 169 Chapter 12: Leasing Property 173 Identifying Who's Who and What's What 173 The Usual Suspects: Preparing a Typical Lease 175 Distinguishing Among Various Types of Leases 177 Breaking a Lease: Types of Eviction 178 Getting What You Paid For 178 Review Questions and Answers 180 Chapter 13: Dealing with Environmental Government Regulations and Issues 183 Deciphering the Federal Government Alphabet Soup 184 Assessing the Environmental Effects of Building Developments 186 This Stuff Can Make You Sick: Examining Environmental Pollutants and Situations 187 Go with the Flow: Water and Waste Issues 191 Review Questions and Answers 192 Part 5: You Want How Much? Valuation and Financing of Real Estate 195 Chapter 14: Appraising Property 197 Figuring Out Appraisal Basics 197 Understanding the Importance of Location! 200 Arriving at Different Types of Value 201 Creating, Changing, and Affecting Values: Some Economic Factors 202 Finding Value by Analyzing Comparable Sales 205 Finding Value by Analyzing Replacement Cost and Depreciation 208 Finding Value by Analyzing a Property's Income 213 Reconciling a Property's Value 217 Review Questions and Answers 218 Chapter 15: Finding the Money: Mortgages 221 The Way Things Work: Mortgage Basics 221 Examining Sources of (and Insurance for) Funding 226 Considerations for Lenders Accepting Mortgages 231 Grasping the Different Types of Mortgages 233 Comprehending Mortgage Repayment Plans 235 Endings You Didn't Anticipate: Foreclosures, Assumptions, and Assignments 240 Being Fair: Consumer Protection Laws 243 Review Questions and Answers 245 Chapter 16: It's So Taxing: Real Estate Assessment and Taxes 249 Who Wants Your Money, and What Do They Want with It? Collecting Taxes 249 Recognizing What's So Special about Assessments 250 Go Figure! Calculating Taxes Step by Step 250 Home Free (Sort of): Eyeing Property Tax Exemptions 256 That's Not Right: Protesting Assessments 257 Pay or Lose: Tax Liens and Sales 258 Review Questions and Answers 259 Chapter 17: Investing in Real Estate 263 Focusing on Property Investment 263 Partnering Up: Real Estate Investment Organization Structures 267 Spending Spree: Acquiring and Building Investments 268 Making Money by Investing in Real Estate 270 Getting Uncle Sam's Help: The Government's Role in Investing 272 By the Numbers: Analyzing Investment Properties 276 Review Questions and Answers 278 Chapter 18: All in the Numbers: Real Estate Mathematics 283 Don't Lose the Faith, but You May Have to Convert 284 Land and Buildings: Measuring Area and Volume 284 Percentages: Pinpointing What You Really Need to Know 288 Commissions: Tracking Your Moolah 289 Making Mortgage Calculations without a Fancy Calculator 293 Oh, the Pain: Calculating Taxes 295 Putting Proration into Perspective 297 Appreciating Appreciation and Depreciation 298 Estimating Appraised Value 301 Review Questions and Answers 303 Part 6: You're Ready: Taking Practice Exams 307 Chapter 19: Practice Exam One 309 Chapter 20: Answers and Explanations to Practice Exam One 321 Chapter 21: Practice Exam Two 333 Chapter 22: Answers and Explanations to Practice Exam Two 345 Chapter 23: Practice Exam Three 357 Chapter 24: Answers and Explanations to Practice Exam Three 369 Chapter 25: Practice Exam Four 383 Chapter 26: Answers and Explanations to Practice Exam Four 395 Part 7: The Part of Tens 409 Chapter 27: Ten Things to Find Out From Your State's Real Estate Law 411 Agency Law 412 Fair Housing 412 License Law 412 Limitations on Land Use 413 Money Stuff 413 Ownership Rights, Forms, and Theories 413 Property Disclosure 414 Tenants' Rights and Rent Control 414 Transferring Ownership Involuntarily 415 Transferring Ownership Voluntarily 415 Chapter 28: Ten Tips to Help You Succeed on the Exam 417 Taking the Exam as Soon as You Can 417 Knowing the Rules (and Following Them) 418 Studying Your State License Law 419 Remembering Important Vocabulary 419 Focusing on Key Concepts 419 Eating Something 420 Staying Cool, Calm, and Collected 420 Paying Attention (without Overthinking) 420 Going with Your Initial Instinct 421 Finishing the Job 421 Index 423
זמן אספקה	21 ימי עסקים