Real Estate License

The Best 2020 Real Estate Exam Prep You Will Ever Need.

For all FREE 140 practice questions for the Real Estate License Exam with complete sections - it will help you prepare for the real test.

Brokerage Responsibility and Agency Management

This section of the Real Estate Licensing Exam is about 17%, and it covers knowledge of real estate trends and developments, fair practice laws, math calculations, agency creation, closure, commissions, fees, and real estate firms.

Contracts

The Contracts section accounts for 10-12% of the exam and covers such the offer and purchase contracts, lease and listing agreements, buyer/broker agreements, and promissory notes, to name a few.

Financing

Real Estate Financing makes up about 10-17% of the exam and covers such concepts as loan types, credit laws, government financial programs, and terms and conditions.

Practice and Disclosures

This section makes up approximately 22-25% of the exam. Make sure you have studied Fair Housing laws, ethics, marketing, continuing education requirements, commercial and industrial properties, inspection reports, and disclosure requirements.

Property and Ownership Laws

This section of the Real Estate Licensing Exam is about 11-15% of the exam and covers such concepts as property classes and characteristics, types of ownership, government and personal rights to land, water rights, and environmental hazards and regulation.

Property Valuation and Appraisal

This section makes up about 15% of the exam and covers methods of determining value and factors that may influence it.