Real Estate License Exams

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Ownership Rights on the Real Estate License Exam

A variety of rights come with real estate ownership and you’ll need to know about these for the Real Estate License Exam. Some of these include water rights, air rights, surface rights, subsurface rights [more…]

Economic Factors that Affect Value for the Real Estate License Exam

Value doesn’t just happen; people have to create it. Most of these personal actions that will be covered on the Real Estate License Exam, usually called [more…]

What You Should Know about Liens for the Real Estate License Exam

Real estate liens are financial claims against property. A lien exists with certain characteristics, which you should know for the Real Estate License Exam. How and why you permit someone to place a lien [more…]

Easement Basics on the Real Estate License Exam

Categories of easements are pretty simple and often are part of the Real Estate License Exam. You’ll see information about gross and appurtenant easements, which involve the person who benefits from the [more…]

Deed Restrictions on the Real Estate License Exam

You will need to know the types of deed restrictions for the Real Estate License Exam. A deed restriction is a limitation on the use of your property that appears in the deed to your property and is put [more…]

What You Should Know about Encroachments and Adverse Possession for the Real Estate License Exam

The Real Estate License Exam will expect you to know something about encroachments and adverse possession. The ultimate limitation on the use of your real estate is losing the use of it or, in some cases [more…]

Zoning Ordinances on the Real Estate License Exam

A zoning ordinance, which in some municipalities is called the zoning code, is a set of rules covered on the Real Estate License Exam that control what property in the municipality can be used for and [more…]

What You Should Know about Subdivisions for the Real Estate License Exam

The Real Estate License Exam will have a few questions about subdivisions. A subdivision is one piece of land that has been divided into two or more pieces of land. These individual pieces of property [more…]

Residence Construction Regulations You Should Know for the Real Estate License Exam

You thought it took bricks and wood and nails and cement to build a house, right? It does, but the Real Estate License Exam will expect you to know about the paper involved. Building construction, residential [more…]

Government Public Property Limitations on the Real Estate License Exam

Government plays a major role in how land is used. There will be questions concerning the role of government on the Real Estate License Exam. Public limitations on land use exist at all levels of government [more…]

Deed Requirements You Need to Know for the Real Estate License Exam

As you will need to know for the Real Estate License Exam, the requirements for a valid deed have been passed down through history by common practice and law so that no one can have any misunderstandings [more…]

Types of Deeds You Need to Know for the Real Estate License Exam

You must deal with several different kinds of deeds for the Real Estate License Exam. Different deeds serve different purposes, and although all convey ownership, they differ in the kinds of warranties [more…]

Real Estate License Exam: What Happens before the Closing

For the Real Estate License Exam, you’ll need to know about the things that happen between the time the sales contract is signed and the day of closing title when transfer of ownership of the property [more…]

Real Estate License Exam: What Happens after the Closing

A few things take place after the closing. You will need to know the basics for the Real Estate License Exam. Although ownership of the property changed from seller to buyer at the closing, the final closing [more…]

Real Estate License Exam: What Happens at the Closing

The Real Estate License Exam will ask you questions about what happens when the big day finally arrives: the buyer, seller, attorneys, and you, the agent, meet to close on the title to the property. The [more…]

Voluntary Transfer of Property Basics for the Real Estate License Exam

Real Estate License Exam questions about transfer of property tend to be definitional, using short cases to get the right answers out of you. Most of the time, [more…]

Involuntary Alienation Basics for the Real Estate License Exam

Sometimes your property can be taken against your wishes, or for some other reason it can be lost. The Real Estate License Exam will ask you about these types of situations, generally known as [more…]

What You Should Know about Death and the Transfer of Property for the Real Estate License Exam

You may well wonder why the subject of wills and passing title to property after death is a subject that Real Estate License examiners want you to know something about. After all, wills and estates are [more…]

Agency Agreements You Should Know for the Real Estate License Exam

You need to know a few specific details about agency agreements for the Real Estate License Exam. Just remember that an agency agreement, signed by a real estate agent and a client, establishes the agent [more…]

Sales Contract Basics for the Real Estate License Exam

Real estate sales contracts indicate a buyer’s and a seller’s agreement to exchange property for (usually) money. The Real Estate License Exam will ask questions about the elements necessary to make a [more…]

What You Should Know about Discharging a Contract for the Real Estate License Exam

Discharging a contract means ending the contract in one of several appropriate ways. Real Estate License Exam questions on this topic tend to focus on the definitions of these different ways of ending [more…]

What You Should Know about Breaching a Contract for the Real Estate License Exam

These situations you’ll need to know for the Real Estate License Exam are the kind in which one of the parties but not the other refuses to do what he or she promised in the contract to do. A number of [more…]

Lease Laws and Provisions on the Real Estate License Exam

Real Estate License Exams will ask questions regarding leases. Because a lease is a legal document, it’s a good idea to have attorneys review them, both as a landlord and as a tenant. Even fill-in-the-blank [more…]

Types of Leases on the Real Estate License Exam

Though different types of leases have common features and have the same minimum legal requirements, the Real Estate License examiners will expect you to know the different purposes they serve. Exam questions [more…]

What You Should Know about Renting Nonresidential Space for the Real Estate License Exam

There is a somewhat unique situation that happens when you rent nonresidential space. The Real Estate License Exam may ask you about it, regardless of whether you encounter it in your future profession [more…]

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