©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 CHAPTERTOPIC 1 Introduction California Real Estate History Real and Personal Property Rights Fixtures 2Part I: Land Descriptions Acquisition of Title Transfer of Real Property Recordation System Part II: Estates Holding Titles 3Encumbrances Liens Homestead Law ©2011 Cengage Learning

Syllabus CHAPTERTOPIC 4Agency Agency Violations Regulation of Brokers and Salespersons Termination of a Real Estate Agency 5Real 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 6Practical real estate mathematics Fundamentals Variables Square footage and area calculation Prorations Documentary transfer tax Use of financial tables ©2011 Cengage Learning

Syllabus CHAPTERTOPIC 7 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 8Part 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 CHAPTERTOPIC 9Real estate appraisal Appraisal concepts Depreciation Appraisal methods 10Escrow and title insurance companies Escrow Title insurance companies Closing costs 11Landlord and Tenant Relations Leases Duties and Responsibilities of the parties Eviction and Termination of Rental Agreements Property Management ©2011 Cengage Learning

Syllabus CHAPTERTOPIC 12Land-use, planning, subdivisions Government land-use planning Subdivisions Common interest developments (CID) Housing and construction laws Fair housing 13Real estate taxation Real property taxes Income taxes Other taxes 14Single-family houses and mobile homes Home construction styles Condominiums Vacation homes Rent or buy? ©2011 Cengage Learning

Syllabus CHAPTERTOPIC 15Part 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:___________ Location:__________________ ©2011 Cengage Learning