Get ready to ace your California real estate exams with your robot study buddy, ACE READYWILLINGINGAND ABLE! This audio over study guide transforms the "California Real Estate Principles Study Guide" and "California Real Estate Principles Practice Test" into an easy-to-digest audio format [previous response].
You'll find chapter-by-chapter reviews of important concepts, key terms, essential math equations, and study schedules (11-day, 17-day, and 45-day plans) to keep you on track. This guide is a crucial piece of your study puzzle, whether you're starting your pre-licensing journey or preparing to crush that exam.
The audio guide covers vital real estate concepts including:
- The Real Estate Profession (brokerage, specializations, market factors like supply and demand).
- Types of Real Estate (residential, commercial, industrial, agricultural, special-purpose, common interest ownership like condos and timeshares, group investment forms).
- Real Property Ownership (possessory/non-possessory interests, forms of ownership including community property, business structures, and trusts).
- Easements and Liens (private land-use controls, encumbrances, types of liens like voluntary/involuntary, general/specific, and lien priority).
- Agency Principles & Role of an Agent (agency relationships, fiduciary duties (OLDCAR), types of agency like single and dual agency, disclosure requirements).
- Acquisition and Transfer of Title (title vs. deed, voluntary/involuntary alienation, deed types like warranty and quitclaim, conveyance after death, marketable title, title insurance).
- Escrow and Settlement (escrow process, Closing Disclosure, buyer's and seller's closing costs, prorations).
- The Lending Process & Finance Overview (pre-qualification, pre-approval, underwriting, loan-to-value (LTV) ratios, qualifying ratios, amortization, discount points).
- Legal Land Descriptions and Measurement (metes and bounds, lot and block, government survey system, area/volume calculations).
- Leasehold Interests (freehold vs. leasehold, types of leases, commercial leases, lease elements, anti-discrimination laws, evictions).
Plug in, listen up, and get in there! You've got this!