©2011 Cengage Learning
Contents
Ch 1: Introduction to Real Estate
Ch 2: Part I: Legal Description, Method of Acquiring
Title, Deeds
Ch 2: Part II: Estates and Methods of Holding Title
Ch 3: Encumbrances, Liens, Homesteads
Ch 4: Real Estate Agency
Ch 5: Real Estate Contracts and Mandated Disclosures
Ch 6: Practical Real Estate Mathematics
Ch 7: Introduction to Real Estate Finance
Ch 8: Part I: Real Estate Lenders
©2011 Cengage Learning
Contents
Ch 8: Part II: FHA, VA, and Cal-Vet Loans and the
Secondary Mortgage Market
Ch 9: Real Estate Appraisal
Ch 10: The Role of Escrow and Title Insurance
Companies
Ch 11: Landlord and Tenant Relations
Ch 12: Land-Use Planning, Subdivisions, Fair Housing,
and Other Public Controls
Ch 13: Introduction to Taxation
Ch 14: Single-Family Homes and Mobile Homes
Ch 15: Part I: A Career in Real Estate
Ch 15: Part II: The Department of Real Estate License
Examination Requirements
©2011 Cengage Learning
Syllabus
CHAPTER TOPIC
1
Introduction
California Real Estate History
Real and Personal Property Rights
Fixtures
2
Part I:
Land Descriptions
Acquisition of Title
Transfer of Real Property
Recordation System
Part II:
Estates
Holding Titles
3
Encumbrances
Liens
Homestead Law
©2011 Cengage Learning
CHAPTER
4
5
6
TOPIC
Syllabus
Agency
Agency Violations
Regulation of Brokers and Salespersons
Termination of a Real Estate Agency
Real estate contracts
Legal requirements for enforceable contracts
Authorization to sell: Listing Agreement
Purchase agreement: Deposit receipt & disclosures
Sample contracts
Appendix: Case study using sample forms
Practical real estate mathematics
Fundamentals
Variables
Square footage and area calculation
Prorations
Documentary transfer tax
Use of financial tables
©2011 Cengage Learning
Syllabus
CHAPTER
7
8
TOPIC
Introduction to real estate financing
Financing instruments
Foreclosure process—Trustee’s sale
Truth-in-Lending, equal credit opportunity, RESPA
Real Property Loan Law
Appendix A: Wraparound deed of trust
Appendix B: Leverage
Part I: Lenders
Qualifying for a real estate loan
Institutional Lenders
NonInstitutional Lenders
Private Mortgage Insurance
Part II: FHA, VA, Cal-Vet Loans and the secondary mortgage
market
Government role in real estate financing
Secondary mortgage market
Appendix: Case study—Qualifying for a home loan
©2011 Cengage Learning
Syllabus
CHAPTER
9
10
11
©2011 Cengage Learning
TOPIC
Real estate appraisal
Appraisal concepts
Depreciation
Appraisal methods
Escrow and title insurance companies
Escrow
Title insurance companies
Closing costs
Landlord and Tenant Relations
Leases
Duties and Responsibilities of the parties
Eviction and Termination of Rental Agreements
Property Management
Syllabus
CHAPTER
12
13
14
TOPIC
Land-use, planning, subdivisions
Government land-use planning
Subdivisions
Common interest developments (CID)
Housing and construction laws
Fair housing
Real estate taxation
Real property taxes
Income taxes
Other taxes
Single-family houses and mobile homes
Home construction styles
Condominiums
Vacation homes
Rent or buy?
©2011 Cengage Learning
Syllabus
CHAPTER
15
TOPIC
Part I:
Structure of the real estate industry
License requirements and competition
Personal preparation to enter the real estate industry
Selling Business opportunities
Part II:
The Real estate License Examination in Detail
Comprehensive Practice Examination with Answers
Final Exam (Ch 1-15) Date: _________________
Time:___________
©2011 Cengage Learning
Location:__________________