CALIFORNIA REAL ESTATE SALESPERSON EXAM CONTENT

CALIFORNIA EXAM CONTENT

NOTE: To pass the salesperson examination and become eligible for a license, examinees must correctly answer at least 70 % of the questions on the test, which is 105 out of 150 questions answered correctly.

  • Property Ownership and Land Use Controls and Regulations (approximately 18% of exam).
    • Classes of property
    • Property characteristics
    • Encumbrances
    • Types of ownership
    • Descriptions of property
    • Government rights in land
    • Public controls
    • Environmental hazards and regulations
    • Private controls
    • Water rights
    • Special categories of land
  • Laws of Agency (approximately 12% of exam).
    • Law, definition and nature of agency relationships, types of agencies, and agents
    • Creation of agency and agency agreements
    • Responsibilities of agent to seller/buyer as principal
    • Disclosure of agency
    • Disclosure of acting as principal or other interest
    • Termination of agency
    • Commission and fees
  • Valuation and Market Analysis (approximately 12% of exam).
    • Value
    • Methods of estimating value
  • Financing (approximately 13% of exam).
    • General concepts
    • Types of loans
    • Sources of financing
    • How to deal with lenders
    • Government programs
    • Mortgages/deeds of trust/notes
    • Financing/credit laws
    • Loan brokerage
  • Transfer of Property (approximately 9% of exam).
    • Title Insurance
    • Deeds
    • Escrow
    • Reports
    • Tax aspects
    • Special processes
  • Practice of Real Estate and Mandated Disclosures (approximately 24% of exam).
    • Trust account management
    • Fair housing laws
    • Truth in advertising
    • Record keeping requirements
    • Agent supervision
    • Permitted activities of unlicensed sales assistants
    • DRE jurisdiction and disciplinary actions
    • Licensing, continuing education requirements and procedures
    • California Real Estate Recovery Fund
    • General ethics
    • Technology
    • Property management/landlord-tenant rights
    • Commercial/industrial/income properties
    • Specialty areas
    • Transfer disclosure statement
    • Natural hazard disclosure statements
    • Material facts affecting property value
    • Need for inspection and obtaining/verifying information
  • Contracts (approximately 12% of exam).
    • General
    • Listing agreements
    • Buyer broker agreements
    • Offers/purchase contracts
    • Counteroffers/multiple counteroffers
    • Leases
    • Agreements
    • Promissory notes/securities

The above information was obtained from the dre web site http://www.dre.ca.gov/salesqs.htm

CALIFORNIA REAL ESTATE BROKERS EXAM CONTENT

NOTE: To pass the brokers examination and become eligible for a license, examinees must correctly answer at least 75 % of the questions on the test, which is 150 out of 200 answered correctly.

  • Property Ownership and Land Use Controls and Regulations (approximately 15% of exam).
    • Classes of property
    • Property characteristics
    • Encumbrances
    • Types of ownership
    • Descriptions of property
    • Government rights in land
    • Public controls
    • Environmental hazards and regulations
    • Private controls
    • Water rights
    • Special categories of land
  • Laws of Agency (approximately 12% of exam).
    • Law, definition and nature of agency relationships, types of agencies, and agents
    • Creation of agency and agency agreements
    • Responsibilities of agent to seller/buyer as principal
    • Disclosure of agency
    • Disclosure of acting as principal or other interest
    • Termination of agency
    • Commission and fees
  • Valuation and Market Analysis (approximately 11% of exam).
    • Value
    • Methods of estimating value
  • Financing (approximately 13% of exam).
    • General concepts
    • Types of loans
    • Sources of financing
    • How to deal with lenders
    • Government programs
    • Mortgages/deeds of trust/notes
    • Financing/credit laws
    • Loan brokerage
  • Transfer of Property (approximately 10% of exam).
    • Title Insurance
    • Deeds
    • Escrow
    • Reports
    • Tax aspects
    • Special processes
  • Practice of Real Estate and Mandated Disclosures (approximately 27% of exam).
    • Trust account management
    • Fair housing laws
    • Truth in advertising
    • Record keeping requirements
    • Agent supervision
    • Permitted activities of unlicensed sales assistants
    • DRE jurisdiction and disciplinary actions
    • Licensing, continuing education requirements and procedures
    • California Real Estate Recovery Fund
    • General ethics
    • Technology
    • Property management/landlord-tenant rights
    • Commercial/industrial/income properties
    • Specialty areas
    • Transfer disclosure statement
    • Natural hazard disclosure statements
    • Material facts affecting property value
    • Need for inspection and obtaining/verifying information
  • Contracts (approximately 12% of exam).
    • General
    • Listing agreements
    • Buyer broker agreements
    • Offers/purchase contracts
    • Counteroffers/multiple counteroffers
    • Leases
    • Agreements
    • Promissory notes/securities

The above information was obtained from the dre web site http://www.dre.ca.gov/bexamqs.htm

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