| Category |
Pass
Rate |
Questions
Given |
Correct
Answers |
| Property Ownership |
86% |
7 |
6 |
| Classes of Property |
|
2 |
2 |
| Land Characteristics and Property Descriptions |
|
2 |
2 |
| Encumbrances |
|
1 |
1 |
| Types of Ownership |
|
2 |
1 |
| Land Use Controls and Regulations |
100% |
7 |
7 |
| Goverment Rights in Land |
|
1 |
1 |
| Public Controls Based in Police Power |
|
5 |
5 |
| Private Controls |
|
1 |
1 |
| Valuation and Market Analysis |
67% |
6 |
4 |
| Value |
|
2 |
1 |
| Methods of Estimating Value |
|
2 |
2 |
| Competitive Market Analysis |
|
1 |
1 |
| Transactions Requiring Formal Appraisal |
|
1 |
0 |
| Financing |
86% |
7 |
6 |
| General Concepts |
|
0 |
0 |
| Types of Loans |
|
1 |
0 |
| Sources of Loan Money |
|
1 |
1 |
| Government Programs |
|
2 |
2 |
| Mortgages / Deeds of Trust |
|
1 |
1 |
| Financing / Credit Laws |
|
2 |
2 |
| Laws of Agency |
90% |
10 |
9 |
| Law, Definition, and Nature of Agency Relationship |
|
1 |
1 |
| Common Types of Agency Agreements in Real Estate
|
|
1 |
1 |
| Agency Duties |
|
4 |
3 |
| Disclosure of Agency |
|
1 |
1 |
| Commission and Fees |
|
3 |
3 |
| Mandated Disclosures |
100% |
7 |
7 |
| Property Condition Disclosure Forms |
|
2 |
2 |
| Material Facts |
|
5 |
5 |
| Contracts |
90% |
10 |
9 |
| General Knowledge of Contract Law |
|
4 |
4 |
| Offers/Purchase Agreements |
|
1 |
1 |
| Counteroffers/Multiple Counteroffers |
|
1 |
1 |
| Leases as Contracts |
|
3 |
3 |
| Recission and Cancellation Agreements / Other Contracts |
|
1 |
0 |
| Transfer of Property |
83% |
6 |
5 |
| Title Insurance |
|
0 |
0 |
| Deeds |
|
1 |
0 |
| Escrow or Closing |
|
2 |
2 |
| Tax Aspects |
|
1 |
1 |
| Special Processes (e.g. Probate, Foreclosure) |
|
1 |
1 |
| Practice of Real Estate |
80% |
10 |
8 |
| Fair Housing Laws |
|
3 |
1 |
| Advertising and Misrepresentation |
|
2 |
2 |
| Agent Supervision |
|
1 |
1 |
| Ethical Issues |
|
1 |
1 |
| Broker/Salesperson Agreements |
|
1 |
1 |
| Real Estate Calculations |
100% |
6 |
6 |
| General Math Concepts |
|
0 |
0 |
| Property Tax Calculations (not Prorations) |
|
1 |
1 |
| Lending Calculations |
|
1 |
1 |
| Calculations for Transactions |
|
2 |
2 |
| Calculations for Valuation |
|
1 |
1 |
| Mortgage Calculations |
|
1 |
1 |
| Specialty Areas |
100% |
4 |
4 |
| Property Management and Landlord/Tenant |
|
1 |
1 |
| Subdivisions |
|
1 |
1 |
| Commercial Property/Income Property |
|
1 |
1 |
| Business Opportunities |
|
1 |
1 |