Introduction 1 Part 1: Putting Real Estate License Exams into Perspective 7 Chapter 1: Sold! Taking a Glance at Real Estate License Exams 9 Chapter 2: Using Successful Study and Test-Taking Techniques 17 Part 2: So You Want to Sell Real Estate: The Job and Basic Laws 25 Chapter 3: The Job: It Isn't Just Driving People Around 27 Chapter 4: Understanding Agency Law 47 Chapter 5: Knowing the Fair Housing Laws for Selling Real Estate 67 Part 3: It's All Mine: Owning and Transferring Real Estate 81 Chapter 6: Owning It: Estates and Interests 83 Chapter 7: Understanding Forms of Real Estate Ownership 95 Chapter 8: Knowing the Limitations on Real Estate Ownership 107 Chapter 9: Transferring Ownership: Deeds and Title Closing 129 Chapter 10: Giving Up or Losing Property 155 Part 4: A House Is Made of Lots of Paper: Legal and Physical Issues 165 Chapter 11: Contracts 101 167 Chapter 12: Leasing Property 181 Chapter 13: Dealing with Environmental Government Regulations and Issues 193 Part 5: You Want How Much? Valuation and Financing of Real Estate 207 Chapter 14: Appraising Property 209 Chapter 15: Finding the Money: Mortgages 235 Chapter 16: It's So Taxing: Real Estate Assessment and Taxes 263 Chapter 17: Investing in Real Estate 279 Chapter 18: All in the Numbers: Real Estate Mathematics 299 Part 6: You're Ready: Taking Practice Exams 323 Chapter 19: Practice Exam One 325 Chapter 20: Answers and Explanations to Practice Exam One 337 Chapter 21: Practice Exam Two 349 Chapter 22: Answers and Explanations to Practice Exam Two 361 Chapter 23: Practice Exam Three 373 Chapter 24: Answers and Explanations to Practice Exam Three 385 Chapter 25: Practice Exam Four 399 Chapter 26: Answers and Explanations to Practice Exam Four 411 Part 7: The Part of Tens 425 Chapter 27: Ten Things to Find Out from Your State's Real Estate Law 427 Chapter 28: Ten Tips to Help You Succeed on the Exam 433 Appendix: Glossary 439 Index 459.