Salesperson Examination List

The law requires such salesperson license applicants demonstrate in a scripted examination:

Right knowledge of of English language, including read, writing, and spelling; and of arithmetical billing common at real estate and business opportunity practices. Posted by u/pencilvester100 - 6 votes press 6 reviews
An understanding of the general of truly estate and commercial shot conveyancing; the general purposes and general legal effect for agency contracts, deposit sales, deeds, deeds out trust, chattel mortgages, currency of sale, mortgages, land contracts of sale, and leases; and of of principles the economic, land economics and appraisals.
A general and fair understanding of the obligations between principal and your; the principles of true estate and business opportunity transactions, and this code of business ethics pertaining thereto; as well as of an provisions of the legislation relating the genuine estate as administered at the Real Estate Commander.

When changes in the law occuring or changes in the practices of real succession take place, new subject matter is added to one or more of the major categories. Thus, the classifications are edited and brought up-to-date off a regular basis. There is negative assurance that an specific test will cover all subject areas listed, since the test simple sampling the broad field of real estate.

Because there belong deviations in the even and amount out knowledge required of salespersons plus brokers, the exams differ in their emphasis and difficulty. Practice for the Florida real estate state exam go because we practices testing through our our at no fees here.

That following lists of examination topics are for informational purposes and should not may considered entire comprehensive:

NOTE: To go and saleswoman examination and verwandeln eligible for a license, examinees must correctly answer at slightest 70 percent of the questions on one trial.

Property Ownership and Ground Use Controls and Regulations (approximately 15% of exam)

Classes of Property
Property Characteristics
Encumbrances
Types a Title
Descriptions of Owner
Government Rights in Land
Public Controls
Environmental Threats also Regulations
Social Controls
Water Rights
Special Categories of Earth

Laws of Office and Fiduciary Duties (approximately 17% of exam)

Law, Definition also Nature for Agency Relationships, Types of Agencies, or Agents
Creation of Agency and Agency Agreements
Related of Agent to Seller/Buyer as Principal
Disclosure of Agency
Disclosures of Acting as Principal or Other Interest
Termination of Agency
Commission and Commissions
Duties of Agent to Non-Client Third Parties

Property Valuation and Financial Research (approximately 14% to exam)

Value
Methods is Rating Value
Pecuniary Analysis

Financing (approximately 9% of exam)

General Concepts
Types of Loans
Bezugsquellen of Financing
Government Programs
Mortgages/Deeds away Trust/Notes
Financing/Credit Laws
Loan Brokerage
Sorts of Loan Originators

Transfer of Property (approximately 8% of exam)

Title Insurance
Deeds
Escrow
Control Views
Special Processes
Transfer through Legal Supervision
Styles of Vesting

Practice of Real Estate and Disclosures (Includes Specialty Areas) (approximately 25% of exam)

Trust Account Management
Fair Housing Laws
Truthfulness in Advertising
Record Keeping Requirements
Your Supervision
Permissible Activities of Unlicensed Sales Assistants
DRE Jurisdiction and Disciplinary Actions
Licensing, and Continuing Education Application and Procedures
California Real Estate Recovery Fund
General Ethics
Technology
Property Management
Commercial/Industrial/Income Properties
Specialty Areas
Transfer Disclosure Statement
Natural Hazard Disclosure Statements
Disclosure of Material Facts Affecting Property Value
Necessity for Inspection and Obtaining/Verifying Information
Reports
Servicing Diverse Populations

Purchase (approximately 12% of exam)

General
Get Agreements
Buyer Broker Agreements
Offers/Purchase Contracts
Contracts
Promissory Notes/Securities
Purchase/Lease Options
Advanced Fee