Areas to Focus for State Specific Real Estate Exam Questions.

So you have completed your Real Estate Agent Program. Now you are in search of exam questions online so you can fully PUT Your Understanding in to PRACTICE. Notice that I capitalized those two words? Yes PUT INTO PRACTICE.

You have found our National Real Estate Exam questions bank and you fill confident.

What about the state side of the Real estate exam? How do I study and specifically attack the Key concepts that are different from the National side of the real estate exam? Simple. We have research and brought together this Free but VALUABLE Guide to help you focus on the Key areas of you Real Estate exam for the Individual States.


KEY AREAS THAT WILL BE DIFFERENT

STATE VS NATIONAL REAL ESTATE LAWS


#1 Agency Law (relationship between Salesperson and His/her client)


This is the law that oversees the relationship between a client and an agent. In every state these agencies laws are most likely different. For example the state of california is notorious for having very excessive real estate laws. Out of all the state-specific exam information, agency law, we believe is one of the most important and confusing. Don't forget to Request the State Specific Exam Questions for your state when you are ready to apply what you learned. Below is the sub topics that you can use to help your studying plan

Agency Law Sub Topic

  1. Agency disclosure

  2. Buyer agency

  3. Buyer agency agreements

  4. Dual agency

  5. Listing agreements (including net listings)

  6. Transactional or facilitating brokerage

  7. Any other types of permitted or restricted laws overseeing this relationship

#2 Fair Housing

Fair housing laws is another area that is state specific real estate laws. It was created to prevent discrimination in housing sales and rentals. Although most of the laws come from the federal government, States and Big cities have added their own. The local rules and regulations usually are stricter than the federal rules. Tip, if there is ever a stand off between local laws and Federal the stricter law applies.

Fair Housing Sub Topics

  1. Protected Classes : Who are the protected groups in your State ? It is usually based on race religion. Other states may include sexual orientation and age.

  2. Exceptions to Laws : Read on the topic of fair Housing laws that have exceptions but somehow these exceptions are not permitted in your state or Big City that you will be practicing within.

  3. Buyer agency agreements

  4. Do you job and read the extra exceptions in your state under Fair housing.

As always remember to take as many practice questions as possible . This is the ONLY WAY TO APPLY what you read. So go to AgentExamBank and skip the Ridiculous prep courses. All you need to lots of practice questions. Request the state specific exam bank here https://www.agentexambank.com/state-exam-bank


#3 License Law


Remember every state has their own rules about the way you obtain your Real estate license. Yes, the exam may have a question or two regarding when to change an address or where to send your change of address form to. The best way to obtain this license law information is through your course material or going directly to Your State Real Estate License board website.


As always remember to take as many practice questions as possible . This is the ONLY WAY TO APPLY what you read. So go to AgentExamBank and skip the Ridiculous prep courses. All you need to lots of practice questions. Request the state specific exam bank here https://www.agentexambank.com/state-exam-banks.


#4 Limits on Land use in your state


We all know know that the federal government and the individual states have control over our use of land. Under the state level, things are definitely different. Here are some sub topics to reach under state real estate questions


Land use Limits Sub Topics


  1. Who Sets and Changes the Zoning Ordinances

  2. Who Grants the exceptions and variations of these Zoning ordinances For example who gives out special permit?

  3. What is required to obtain approval for these Ordinances . For Example the : the approval of a subdivision

  4. Time Limits for countering issues like Deed Restriction violation

  5. Historic land Restriction laws in your State that are still in effect.



As always remember to take as many practice questions as possible . This is the ONLY WAY TO APPLY what you read. So go to AgentExamBank and skip the Ridiculous prep courses. All you need to lots of practice questions. Request the state specific exam bank here https://www.agentexambank.com/state-exam-bank



#5 Money,Mortgage,Loan Programs


Sub Topics


  1. Find out the State Sponsored Mortgage or loan programs. Specifically what they offer to Homebuyers

  2. Find out the special incentive programs and exemptions. Senior citizens typical get certain exemption in certain loan programs.

  3. Taxes. When and how taxes are paid on property.



As always remember to take as many practice questions as possible . This is the ONLY WAY TO APPLY what you read. So go to AgentExamBank and skip the Ridiculous prep courses. All you need to lots of practice questions. Request the state specific exam bank here https://www.agentexambank.com/state-exam-bank


#6 Ownership Rights


Sub Topics


  1. Right of Survivorship in Joint Tenancy

  2. Is your state a Title Theory or Lien Theory State

  3. Tenancy of Entirety and Married couple relationship in you State

  4. Find out what these terms imply in your State : Community property, Dower, Homestead and curtesy


As always remember to take as many practice questions as possible . This is the ONLY WAY TO APPLY what you read. So go to AgentExamBank and skip the Ridiculous prep courses. All you need to lots of practice questions. Request the state specific exam bank here https://www.agentexambank.com/state-exam-bank



#7 Property Information Disclosure

This mainly pertains to the salesperson's duty to a customer not a client.What you allowed to disclose to a potential customer for a property you are representing is different in each state. See the below topic and read on them:


Sub Topics


  1. Undiscovered defects

  2. Material defects

  3. Stigmatized or bad reputational issues of a property

  4. Megan’s Law

  5. Disclosure procedures

  6. Penalties

  7. Special environmental hazards such as earthquake prone areas

#8 Tenant Rights and Rent

Here you are mainly looking for protection laws under tenants and what power landlord have and don't have. ALso look for rules surround rent control on private own buildings not public housing. Tip, please also note that city and suburbs can have control on rent.


#9 Transfer of Ownership forcefully ( involuntarily)

Sub Topics

  1. Statutory Time limits on Claims such as adverse possession,prescriptive rights on other property others

  2. Find out the Laws of Descent ( if you die without a will)


#10 Transfer of Ownership Voluntarily

Please note that the in some states, Real estate agent are responsible for far more. When an offer is accepted, attorneys typically pick up the remaining work. This may be different in your state. Below are the sub topic you should read up on:


Sub Topics

  1. Deed Validity Requirements

  2. Find out the types of Deeds that's commonly in your state

  3. Who does what in : Closing, closing cost, etc

  4. Title Insurances

  5. Property Transfers : Do they close in escrow ?

  6. Who is responsible for Property Damage when property is under contract for sale.


As always remember to take as many practice questions as possible . This is the ONLY WAY TO APPLY what you read. So go to AgentExamBank and skip the Ridiculous prep courses. All you need to lots of practice questions. Request the state specific exam bank here https://www.agentexambank.com/state-exam-bank