2011 Cengage Learning

2011 Cengage Learning

ContentsCh 1: Introduction to Real EstateCh 2: Part I: Legal Description, Method of Acquiring Title, DeedsCh 2: Part II: Estates and Methods of Holding TitleCh 3: Encumbrances, Liens, HomesteadsCh 4: Real Estate AgencyCh 5: Real Estate Contracts and Mandated DisclosuresCh 6: Practical Real Estate MathematicsCh 7: Introduction to Real Estate FinanceCh 8: Part I: Real Estate Lenders

2011 Cengage Learning

2011 Cengage Learning

ContentsCh 8: Part II: FHA, VA, and Cal-Vet Loans and the Secondary Mortgage MarketCh 9: Real Estate AppraisalCh 10: The Role of Escrow and Title Insurance CompaniesCh 11: Landlord and Tenant RelationsCh 12: Land-Use Planning, Subdivisions, Fair Housing, and Other Public ControlsCh 13: Introduction to TaxationCh 14: Single-Family Homes and Mobile HomesCh 15: Part I: A Career in Real Estate Ch 15: Part II: The Department of Real Estate License Examination Requirements2011 Cengage Learning

2011 Cengage Learning

Syllabus CHAPTERTOPIC 1 IntroductionCalifornia Real Estate HistoryReal and Personal Property RightsFixtures2Part I: Land DescriptionsAcquisition of TitleTransfer of Real PropertyRecordation SystemPart II:EstatesHolding Titles3Encumbrances LiensHomestead Law

2011 Cengage Learning

2011 Cengage Learning

Syllabus CHAPTERTOPIC 4AgencyAgency ViolationsRegulation of Brokers and SalespersonsTermination of a Real Estate Agency 5Real estate contractsLegal requirements for enforceable contractsAuthorization to sell: Listing AgreementPurchase agreement: Deposit receipt & disclosuresSample contractsAppendix: Case study using sample forms6Practical real estate mathematicsFundamentalsVariablesSquare footage and area calculationProrationsDocumentary transfer taxUse of financial tables2011 Cengage Learning

2011 Cengage Learning

Syllabus CHAPTERTOPIC 7 Introduction to real estate financingFinancing instrumentsForeclosure processTrustees saleTruth-in-Lending, equal credit opportunity, RESPAReal Property Loan LawAppendix A: Wraparound deed of trustAppendix B: Leverage8Part I: LendersQualifying for a real estate loanInstitutional LendersNonInstitutional LendersPrivate Mortgage InsurancePart II: FHA, VA, Cal-Vet Loans and the secondary mortgage marketGovernment role in real estate financingSecondary mortgage marketAppendix: Case studyQualifying for a home loan2011 Cengage Learning

2011 Cengage Learning

SyllabusCHAPTERTOPIC9Real estate appraisalAppraisal conceptsDepreciationAppraisal methods10Escrow and title insurance companiesEscrowTitle insurance companiesClosing costs 11Landlord and Tenant RelationsLeasesDuties and Responsibilities of the partiesEviction and Termination of Rental AgreementsProperty Management2011 Cengage Learning

2011 Cengage Learning

SyllabusCHAPTERTOPIC 12Land-use, planning, subdivisionsGovernment land-use planningSubdivisionsCommon interest developments (CID)Housing and construction lawsFair housing13Real estate taxation Real property taxesIncome taxesOther taxes14Single-family houses and mobile homesHome construction stylesCondominiumsVacation homesRent or buy?2011 Cengage Learning

2011 Cengage Learning

SyllabusCHAPTERTOPIC 15Part I:Structure of the real estate industryLicense requirements and competitionPersonal preparation to enter the real estate industrySelling Business opportunitiesPart II:The Real estate License Examination in DetailComprehensive Practice Examination with AnswersFinal Exam (Ch 1-15) Date: _________________

Time:___________ Location:__________________ 2011 Cengage Learning

2011 Cengage Learning

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