California Real Estate Principles 9th Edition McKenzie Test Bank
Product details:
- ISBN-10 : 0538739657
- ISBN-13 : 978-0538739658
- Author: McKenzie, Dennis J., Brady, Mary Ellen,
Continuing the legacy of this well-known text, authors Brady and Estes have fully updated and re-energized the content to accurately represent modern real estate practice in California today. Coverage of the SAFE Act and its impact on mortgage brokers has been added along with current information on homestead laws, buyer’s agency, senior community exceptions to fair housing laws, and much more. Each chapter includes learning objectives, preview, summary, highlighted important terms, practical applications and review questions to boost user comprehension and mastery of material. Designed entirely around the salesperson exam’s content, this book is easy-to understand, yet rigorous in its learning models to reinforce information necessary to pass the exam. The 150-question practice exam included is similar in format and content to the actual real estate salesperson exam with answers and test-taking hints.
Table contents:
- Unit 1: The Business of Real Estate
- Learning Objectives
- Key Terms
- The Real Estate Law
- Real Estate Brokerage
- Activities of a Real Estate Broker
- Business Opportunity Brokerage
- Prepaid Rental Listing Service License
- Exemptions From Real Estate Licensing Requirements
- Real Estate Licensing Requirements
- Enforcement of the Real Estate Law
- Licensee Conduct
- Other Activities of the California Department of Real Estate
- Professional Associations
- Summary
- Open for Discussion
- Unit 1 Review Questions
- Unit 2: The Nature of Real Property
- Learning Objectives
- Key Terms
- Historical Perspective
- Real Property and Personal Property
- Land Description
- Summary
- Open for Discussion
- Unit 2 Review Questions
- Unit 3: Ownership of Real Property
- Learning Objectives
- Key Terms
- Estates in Land
- Taking Title to Real Estate
- Business Ownership of Real Estate
- Summary
- Open for Discussion
- Unit 3 Review Questions
- Unit 4: Transferring Real Estate
- Learning Objectives
- Key Terms
- How Real Estate May Be Acquired
- Deeds
- Summary
- Open for Discussion
- Unit 4 Review Questions
- Unit 5: Encumbrances
- Learning Objectives
- Key Terms
- Encumbrances to Real Estate
- Liens
- Bankruptcy
- Easements
- Restrictions
- Encroachments
- Homesteads
- Summary
- Open for Discussion
- Unit 5 Review Questions
- Unit 6: The Law of Agency
- Learning Objectives
- Key Terms
- The Concept of Agency
- How an Agency Relationship Is Created
- Agency Agreements
- Rights and Duties of Principal and Agent
- Termination of an Agency
- Summary
- Open for Discussion
- Unit 6 Review Questions
- Unit 7: Contracts
- Learning Objectives
- Key Terms
- What Is a Contract?
- Elements of a Contract
- Discharging a Contract
- Real Estate Contracts
- Summary
- Open for Discussion
- Unit 7 Review Questions
- Unit 8: Financing Real Estate
- Learning Objectives
- Key Terms
- Purposes of Financing Real Estate
- Cost of Credit
- Real Estate as Security
- Real Estate Lenders—The Primary Mortgage Market
- Federal Disclosure Requirements
- Other Loan Considerations
- Summary
- Open for Discussion
- Unit 8 Review Questions
- Unit 9: Government-Sponsored and Other Financing
- Learning Objectives
- Key Terms
- Government-Sponsored Financing
- Creative Financing
- The Secondary Mortgage Market
- Summary
- Open for Discussion
- Unit 9 Review Questions
- Unit 10: Escrow and Title Insurance
- Learning Objectives
- Key Terms
- Escrow
- Escrow Procedures
- Title Insurance
- Summary
- Open for Discussion
- Unit 10 Review Questions
- Unit 11: Real Estate Taxation
- Learning Objectives
- Key Terms
- Property Taxation
- Federal Income Taxes
- State Income Tax
- Summary
- Open for Discussion
- Unit 11 Review Questions
- Unit 12: Landlord and Tenant
- Learning Objectives
- Key Terms
- The Leasehold
- Mobilehome Tenancies
- Other Lease Arrangements
- Property Management
- Rent Control
- Credit Reporting
- Summary
- Open for Discussion
- Unit 12 Review Questions
- Unit 13: Real Estate Appraising
- Learning Objectives
- Key Terms
- Appraiser Licensing
- What Is a Real Estate Appraisal?
- The Appraisal Process
- Sales Comparison Approach
- Cost Approach
- Income Capitalization Approach
- Reconciliation and the Appraisal Report
- Summary
- Open for Discussion
- Unit 13 Review Questions
- Unit 14: Residential Design and Construction
- Learning Objectives
- Key Terms
- Building Construction Standards
- Architecture
- Design and Function
- Construction Stages
- Manufactured Homes
- Property Condition Disclosures
- Summary
- Open for Discussion
- Unit 14 Review Questions
- Unit 15: Government Control of Land Use
- Learning Objectives
- Key Terms
- Land-Use Regulations
- Subdivisions
- Fair Housing Laws
- Summary
- Open for Discussion
- Unit 15 Review Questions
- Appendix A: Math
- Appendix B: Internet Resources
- Glossary
- Answer Key
- Copyright
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