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Pre Licensing Course
Chapter 1: Real Property Characteristics, Legal Descriptions & Property Use
Overview Of Current Market & How It Affects You As A Real Estate Agent (17:53)
Real Property VS Personal Property (26:34)
Fixtures/Tests of Fixtures (26:41)
Additional Tests of Fixtures/Mineral Rights, Water Rights (26:55)
Characteristics of Real Property/Legal Descriptions (21:09)
Metes & Bounds/Measurements & Directions (17:00)
Government Survey/Locating Land (23:49)
Chapter 1: Quiz 1
Legal Descriptions Within A Section/Public and Private Land Use Controls - Encumbrances (23:09)
Health & Safety/Building Codes/Zoning (25:13)
Public & Private Land Use Control/Restrictive Covenants (16:12)
Easements - Types, Creation, Term/Encroachment/Nuisance (20:23)
Chapter 1: Quiz 2
Chapter 2 - Forms Of Ownership | Transfer | Recording Of Title
Ownership, Estates, Rights & Interests/Forms of Ownership (27:02)
Forms of Ownership - Community Property, Tenancy by the Entirety, Forms of Business Ownership (26:40)
Forms of Business Ownership continued - General Partner, Limited Partner, Joint Venture, Franchise (23:51)
Forms of Business Ownership continued - Corporation, Limited Liability, Trust (26:27)
Real Estate Securities , Standard Subdivision, Condominium (27:14)
Estates In Real Property - Freehold Estates, Fee Simple (25:58)
Estates in Real Property - Life Estates, Dower, Termination (27:05)
Chapter 2: Quiz 1
Leasehold Estates & Types Of Leases - 4 Types of Estate for Lessees (24:56)
Types of Leases - Gross Lease (27:05)
Index Lease, Net Lease, Percentage Lease (24:16)
Oil & Gas Leases, Ground Lease/Liens & Lien Priority (21:17)
Liens & Lien Priority - Mechanic's Lien, Judgement, Attachment, Additional Liens (25:51)
Tax Rate, Homeowner Tax Exemptions/Surface & Subsurface Rights (24:34)
Chapter 2: Quiz 2
Deed & Title - Elements of Valid Deed, Not Required for a Valid Deed (24:41)
Types of Deeds - Warranty Deed, Quitclaim Deed, Sheriff's Deed, Tax Deed (25:34)
Title Transfer - Tax Sale, Adverse Possession (23:18)
Sherriff's Sale, Homestead Exemption, Foreclosure, Condemnation (20:18)
Inverse Condemnation, Escheat/Inheritance - Wills (17:55)
Recording of Title - Actual Notice, Unrecorded Deed, Priority of Recording (26:42)
Chapter 2: Quiz 3
Abstract & Title Insurance, Standard Policies/ Owner's Title Insurance Policy/Curing Title Defects (22:05)
Chapter 3 - Property Value & Appraisal
Concept of Value - Types of Value (27:17)
Additional Types of Value/Characteristics of Value (24:41)
Four Special Forces That Influence Value (26:26)
Neighborhood/Principles of Value (23:27)
Principles of Value continued (21:33)
Expressing Land Values/Appraisal Process (24:49)
Appraiser Categories/Ethics (21:17)
Chapter 3: Quiz 1
Appraisal Reports (24:15)
Contents of Appraisal Reports (19:55)
Content for Appraisal Reports continued/Methods of Estimating Value & Broker Price Opinions (BPO) (22:53)
Sales Comparison Approach (Market Data) Method (26:07)
Cost Approach Method (22:56)
Depreciation/Reproduction & Replacement Cost/Income Approach (26:14)
Gross Rent & Income Multiplier/Reconciliation/Site Analysis & Valuation (24:25)
Comparative Market Analysis/BPO/Income Tax Considerations/Income Tax Deductions (26:25)
Chapter 3: Quiz 2
Overview of Completed Appraisal Report (25:44)
Obtaining Research to Provide the Information Needed to Determine Value (26:41)
Using Your County MLS (multiple listing service) & GPS (geographical positioning system) (26:11)
Overview of How MLS Works to Obtain Research (24:27)
Using the MLS To Choose Comparables To Make Addjustments (11:03)
Using Your County GPS System (18:43)
Chapter 3: Quiz 3
Chapter 4: Real Estate Contracts & Agency
Types Of Contracts (14:41)
Required Elements of a Valid Contract (23:25)
Contract Performance - Valid VS Void Contracts (22:52)
Causes To Allow An Injured Party to Void A Contract (19:15)
Chapter 4: Quiz 1
Breach Of Contract (21:50)
Breach of Contract Continued/Statue of Limitations (17:36)
Statue of Frauds (15:03)
Sales Contract - Offer & Counteroffer/Earnest Money/Equitable Title (23:10)
Contingencies/Disputes/Assignments of Contracts/Right of First Refusal (25:37)
Chapter 4: Quiz 2
Types Of Agency & Licensee-Client Relationships (24:59)
Agency Relationship - Client/Agent & Broker/Salesperson (24:13)
Dual Agency (25:31)
Facilitator | Intermediary | Transaction Broker (18:24)
Power of Attorney/Types of Agents (17:49)
Creation of the Agency (19:32)
Chapter 4: Quiz 3
Termination of the Agency/Licensee Obligations (25:57)
Seller's Agent's Duties to Buyer (18:56)
Trust Accounts (19:31)
Trust Accounts Continued (17:08)
Independent Contractor VS Employee/Office Operations (17:34)
Commission Arrangements/Training/Office Recordkeeping (25:27)
Chapter 4: Quiz 4
Chapter 5 - Real Estate Practice
Responsibilities of Broker - Ethics (18:16)
Unauthorized Practice of Law/Brokerage Agreements Between Broker & Principal (Seller, Buyer, etc) (22:24)
Seller Representation - Types of Sale Listing Agreements (24:39)
Buyer Representation/Sale Listing Provisions (24:55)
Property Management Agreement (26:56)
Property Management Obligations & Duties/Property Maintenance/Property Maintenance, Etc. (23:44)
Property Management Contracts/Leasing Property/Lease Provisions (23:51)
Chapter 5: Quiz 1
Lease Provisions Continued (16:05)
Uniform Residential Landlord & Tenant Act (22:30)
Landlord & Tenant Rights and Responsibilities (17:05)
Termination of Agreements/Lease Termination (22:39)
Protecting Tenants/Assignment & Sublease/Rent Schedules/Security/OSHA (15:10)
Foreign Investment/Liability of Owners/Fair Housing (21:13)
Exemptions - Prohibitions, Enforcement (21:05)
Chapter 5: Quiz 2
Fair Housing Amendments Act of 1988 - Disability, Support Animals, Familial Status, Exemptions (20:22)
Americans with Disabilities Act (ADA) (14:01)
Discriminatory Advertising (22:40)
Risk Management - Supervision, Antitrust Laws, Fraud & Misrepresentation (24:13)
Types of Insurance (20:52)
Types of Insurance continued/Recordkeeping (23:07)
Chapter 5: Quiz 3
Chapter 6 - Property Disclosures & Environmental Issues
Property Conditions & Environmental Issues - Agency Disclosure, Hazardous Substances (21:49)
Hazardous Substances continued - Radon Gas, Mold, Underground Storage Tanks (23:09)
Hazardous Substances continued - Waste Disposal Sites, Fertilizers & Pesticides, Chemical Discharge (22:27)
Meth/Environmental Hazards - Flood Hazard, Clean Air, Endangered Species (23:35)
Wetland Protection/Disclosure Obligations & Liability (22:38)
Disclosure Obligations & Liability Continued (23:42)
Chapter 6: Quiz 1
Chapter 7 - Financing & Settlement
Financing Concepts & Components - Mortgage Financing, Deed of Trust (24:24)
Deed of Trust continued - Seller Financing (21:53)
Land Contracts (25:18)
Primary & Secondary Financing - Lenders (20:40)
Secondary Mortgage Market Loans (23:44)
Sources of Financing - Commercial Banks -Mortgage Bankers & Brokers - Types of Loans & Loan Programs (23:33)
Types of Loans & Loan Programs continued (24:18)
Chapter 7: Quiz 1
Types of Loans & Loan Programs - Reverse Mortgage, Blanket Mortgage, Construction Mortgage (17:52)
Types of Loans & Loan Programs - Subprime, Convertible Mortgage, Participation Mortgage (26:43)
Types of Loans & Loan Programs - Wraparound Mortgage, Bridge Loan, Personal Property Loan/Loan Terms - APR, Interest, Points (25:15)
Loan Terms - Loan Assumptions, Predatory Lending/Mortgage Clauses - Late Charges, Due-on-Sale Clause, Acceleration Clause (26:04)
Mortgage Clauses - Balloon Payment, Subordination, Default Clause/Short Sale (26:42)
Foreclosure - Reinstatement, MERS, Deficiency Judgements (26:59)
Foreclosure continued/Lender Requirements - Federal Reserve (22:03)
Chapter 7: Quiz 2
Lender Requirements - Government Loans, FHA Loans (24:11)
Lender Requirements - Department of Veteran Affairs Loans (17:43)
Lender Requirements - Buyer Qualifications (17:10)
Federal Financing Regulations & Regulatory Bodies - Truth in Lending Act (20:27)
Real Estate Settlement Procedures Act (RESPA) (16:34)
RESPA continued (21:03)
Settlement & Closing the Transaction (15:28)
Chapter 7: Quiz 3
Chapter 8 - Real Estate Math Calculations
Decimals & Percentages/Property Area Calculations - Math Calculations 1-6 (20:02)
Decimals & Percentages/Property Area Calculations - Math Calculations 7-9 (19:29)
Decimals & Percentages/Property Area Calculations - Math Calculations 10-15 (19:21)
Decimals & Percentages/Property Area Calculations - Math Calculations 16-20 (15:44)
Property Valuation/Market Analysis/ Commissions & Compensation - Math Calculations 21-25 (18:45)
Property Valuation/Market Analysis/Commission & Compensation - Math Calculations 26-29 (19:40)
Property Valuation/Market Analysis/Commission & Compensation - Math Calculations 30-35 (23:37)
Property Valuation/Market Analysis/Commission & Compensation - Math Calculations 36-40 (22:58)
Chapter 8: Quiz 1
Loan Financing Costs /Settlement & Closing Costs - Math Calculations 41-47 (24:05)
Loan Financing Costs/Settlement & Closing Costs - Math Calculations 48-53 (20:13)
Loan Financing Costs/Settlement & Closing Costs - Math Calculations 54-60 (19:09)
Investment /Property Management - Math Calculations 61-67 (24:00)
Investment/Property Management - Math Calculations 68-75 (22:17)
Investment/Property Management - Math Calculations 76-80 (25:46)
Chapter 8: Quiz 2
License Laws & Regulations
Real Estate Brokers - Definitions (25:59)
Real Estate Brokers - Terms of License, Creation of Commission (16:48)
Real Estate Brokers - Meetings, Expenses (17:55)
Real Estate Brokers - Powers of Commission, Rules, Report of Funds (21:53)
Final: Quiz 1
Real Estate Brokers - Licensing (23:10)
Real Estate Brokers - Broker's License Requiements (24:59)
Real Estate Brokers - Licensing of Nonresident , Referral Status, Criminal Convictions (23:17)
Managing Brokers - Responsibilities, Residency Requirements (20:14)
Real Estate Recovery Fund - Payment of Expenses, Limitation of Actions, Payment of Claims (18:15)
Final: Quiz 2
Real Estate Appraiser Certification /Real Estate Agency Relationships (18:02)
Real Estate Agency Relationships - Licensee Representing Seller or Landlord (21:30)
Real Estate Agency Relationships - Licensee Representing Buyer or Tenant, Licensee Acting As Limited Agent (22:44)
Real Estate Agency Relationships - Commencement & Termination of Agency Relationship/Administrative Provisions (25:52)
Final: Quiz 3
Administrative Provisions - Creditor's Duty, Violation Class A / Residential Real Estate Sales Disclosures (24:25)
Residential Real Estate Sales Disclosure/Psychologically Affected Properties (24:24)
Effect of Criminal Convictions on Licensed Persons/Effect of Delinquency in Child Support Payments (23:39)
Professional Licensing Agency Functions & Duties (24:01)
Final: Quiz 4
Listing Agreements, Offers to Purchase & Other Provisions (15:21)
Closing Statements/Attendance at Closings (12:49)
Incompetent Practice/Fee Appraisals (13:57)
Professional Licensing Standards of Practice - Compliance With Professional Standards, Meriting Disciplinary Sanctions, Summary Suspension (11:43)
Sanctions for Violations, Reinstatement of Suspended License, Adoption of Rules (18:34)
Renewal of Licenses Held by Individuals in Military Service, Military Training/ Licensing Examination (15:47)
Managing Broker Education & Destination/Continuing Education/Course Qualifications/License Activation/Distance Learning (22:57)
Operation of Broker Companies & Other Provisions Concerning Real Estate Practice (22:54)
Final: Quiz 5
Recording of Title - Actual Notice, Unrecorded Deed, Priority of Recording
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