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Exam Number : CA-Real-Estate
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Vendor Name : Real-Estate
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CA-Real-Estate exam Format | CA-Real-Estate Course Contents | CA-Real-Estate Course Outline | CA-Real-Estate exam Syllabus | CA-Real-Estate exam Objectives


Appropriate knowledge of the English language- including reading- writing- and spelling; and of arithmetical computations common to real estate and business opportunity practices.
An understanding of the principles of real estate and business opportunity conveyancing; the general purposes and general legal effect of agency contracts- deposit receipts- deeds- deeds of trust- chattel mortgages- bills of sale- mortgages- land contracts of sale- and leases; and of the principles of business- land economics and appraisals.
A general and fair understanding of the obligations between principal and agent; the principles of real estate and business opportunity transactions- and the code of business ethics pertaining thereto; as well as of the provisions of the law relating to real estate as administered by the Real Estate Commissioner.

- Classes of Property
- Property Characteristics
- Encumbrances
- Types of Ownership
- Descriptions of Property
- Government Rights in Land
- Public Controls
- Environmental Hazards and Regulations
- Private Controls
- Water Rights
- Special Categories of Land

- Law- Definition and Nature of Agency Relationships- Types of Agencies- and Agents
- Creation of Agency and Agency Agreements
- Responsibilities of Agent to Seller/Buyer as Principal
- Disclosure of Agency
- Disclosure of Acting as Principal or Other Interest
- Termination of Agency
- Commission and Fees
- Responsibilities of Agent to Non-Client Third Parties

- Value
- Methods of Estimating Value
- Financial Analysis

- General Concepts
- Types of Loans
- Sources of Financing
- Government Programs
- Mortgages/Deeds of Trust/Notes
- Financing/Credit Laws
- Loan Brokerage
- Types of Loan Originators

- Title Insurance
- Deeds
- Escrow
- Tax Aspects
- Special Processes
- Transfer through Court Supervision
- Types of Vesting

- Trust Account Management
- Fair Housing Laws
- Truth in Advertising
- Record Keeping Requirements
- Agency Supervision
- Permitted Activities of Unlicensed Sales Assistants
- DRE Jurisdiction and Disciplinary Actions
- Licensing- and Continuing Education Requirements and Procedures
- California Real Estate Recovery Fund
- General Ethics
- Technology
- Property Management
- Commercial/Industrial/Income Properties
- Specialty Areas
- Transfer Disclosure Statement
- Natural Hazard Disclosure Statements
- Disclosure of Material Facts Affecting Property Value
- Need for Inspection and Obtaining/Verifying Information
- Reports
- Servicing Diverse Populations

- General
- Listing Agreements
- Buyer Broker Agreements
- Offers/Purchase Contracts
- Agreements
- Promissory Notes/Securities
- Purchase/Lease Options
- Advanced Fee



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Real-Estate course outline

How respectable Are online real property schools? | CA-Real-Estate test questions and Cheatsheet

on-line real property colleges provide practicing by way of the internet for any person who desires to work within the industry as a true property agent (salesperson) or broker. acquiring a real property license on-line appears like a sensible manner to head. It seems excellent for someone desperate to change careers with no need to stop working at their existing job. but do on-line real property faculties provide great schooling?

Investopedia spoke with Andy Smith, whose event and abilities in real property gives stunning insight into the area of online real estate education. To establish context for their dialog, Andy shared the following outlines of the main components and classifications of precise estate training:

add-ons of precise estate practising

These accessories are commonly coated by way of all sorts of precise estate training, including through on-line schools.

  • Pre-licensing (commonly comprises a national portion and a state component)
  • examination prep
  • post-licensing (required by some states to be "absolutely certified" and in a position to function to your own)
  • carrying on with training (necessities vary through state; plus the national association of Realtors (NAR) has mandatory ethics requirement every three years)
  • advanced schooling (designations & specializations)
  • Classifications of precise property working towards

    How real property schooling takes region is called its classification. online schools primarily utilize the primary two classifications.

  • Synchronous courses. These are like in-person classes, and they maintain set meeting instances the place the professor instructs rookies over Zoom or a similar service (i.e., college students and instructors are collectively in time but not distance).
  • Asynchronous courses. These are classes that do not hold scheduled meetings. college students complete work at and meet project time limits in a greater self-paced time frame. This may also be called "distance learning" (i.e., college students and instructors are separated by using time and distance).
  • reside in-person courses. These are average courses the place a category meets on a regular agenda, with face-to-face guideline (i.e., students and instructors are collectively in time and distance).
  • Hybrid classes. students may find this in some circumstances. These lessons present a mixture of synchronous or reside in-adult work and asynchronous activities. 
  • What follows is their edited dialog with Andy Smith:

    Defining online precise estate faculties

    Investopedia: What are online real property colleges and who're they for?

    Andy Smith: on-line real property faculties are schooling suppliers that present real estate classes by way of the net, in preference to the ordinary brick-and-mortar, in-adult system. Their offerings can cover a wide array of real estate training wants, including pre-licensing, submit-licensing, examination prep, continuing education, certification, and designation practising. Or they could focus on a extra certain area of interest. courses will also be offered self-paced or on a greater typical schedule and may be offered synchronously or asynchronously.

    americans pursuing a true property license are sometimes employed in an additional job whereas taking classes, so on-line classes are a pretty good option; online lessons for carrying on with training lessons are additionally an outstanding option for the reason that most realtors are working and probably busy. 

    I enjoy the convenience of taking the courses i will on my schedule and from the consolation of home if possible. Pre-COVID, the state of North Carolina required their annual 4-hour replace course to be taken live in the lecture room. all the way through COVID, they made an exception and accredited are living, synchronous on-line classes. All other working towards can be achieved online, synchronously or asynchronously, to supply students alternate options.

    on-line real property school Curriculum

    Investopedia: What should a pretty good online real property faculty curriculum look like?

    Smith: The typical course curriculum has to comply to the individual state necessities for licensing. each course in the curriculum should still have a smartly-defined constitution laid out in a course syllabus or identical doc and encompass overarching course aims; course gaining knowledge of ambitions; educational methods used; materials the scholar must achieve, including software and hardware; along with contact suggestions for technical help and the instructor's identify and call data.

    by the way, states dictate content material on pre- and submit-licensing lessons. carrying on with education classes usually offer instructors leeway, even though the content material ought to be permitted via the state.

    educational pace and equipment

    Investopedia: Is guideline customarily on the scholar's pace or does it observe a more inflexible constitution?

    Smith: This, I think, largely depends upon the category of coaching you might be doing. if you're in a pre-licensing class, specifically one it truly is synchronous, it be more doubtless you could have a stricter time table to get in the course of the path. Many post-licensing courses, if relevant to your state, could be greater structured as smartly. consider of them greater like taking a school category online. carrying on with training classes, above all electives, tend to be more self-paced.

    Investopedia: What are some valuable instructional tools that more suitable on-line schools make use of?

    Smith: Most colleges can have as a minimum fundamental presentation fabric, always which includes a slide display and accompanying script or course guide. The "improved" on-line schools will present extra elements and perhaps greater interactive facets. Some facets might be brief video clips to spotlight key aspects; periodic summary or review elements, growth tests, or equivalent; progress dashboards; and extra potent entry to instructors.

    development of the more interactive type lessons is high priced, so you will are likely to see these with the national or colossal regional schooling providers and for the pre-licensing lessons that many individuals will take. lots of the training suppliers have examples of their direction content material on their web sites and potential students should check those out for themselves. if you believe the more interactive trend is more advantageous perfect for your learning vogue, you should restrict your search to the better suppliers.

    Certification Versus Accreditation

    Investopedia: What physique offers oversight of online real property faculties?

    Smith: faculties should be authorised (or certified) by way of each and every state's regulatory authorities. here's the state's Division of real estate or equivalent.

    Certification through the state if required for all true property colleges, including online faculties. Accreditation is optional, even though tremendously preferred from an schooling viewpoint, in keeping with Smith.

    Investopedia: How are online real estate schools permitted?

    Smith: not all online real estate schools are authorized, per se; even though, as a former academic, accreditation is very vital from an training viewpoint. schools should be authorised with the aid of each and every state's regulatory authorities.

    Two accreditation their bodies for online faculties (one for popular online and one mainly for true estate faculties) are foreign Distance schooling Certification core (IDECC) and The affiliation of precise property License legislations (ARELLO). I look at this as IDECC accredits a school's on-line educating methods (beginning) and effectiveness, and ARELLO accredits the school's real estate specific suggestions (content).

    Investopedia: How can potential college students make sure a selected school is accepted? 

    Smith: colleges that are accepted will usually identify this on their website. moreover, potential college students can go to the IDECC and ARELLO web sites and look them up. That tips, along with instructor profiles, is on most sites, enabling students to try the journey and qualifications of school body of workers, together with even if instructors have CDEI (licensed Distance training teacher) certification.

    where to go to bitch

    Investopedia: the place do students go to complain if there may be an issue? 

    Smith: reckoning on the nature of the issue, college students may still to to their instructor or college first and to the state regulatory body 2d. State real estate division websites may additionally have extra suggestions. North Carolina, for instance, has a complaint kind for students to make use of to supply counsel involving complaints towards schooling suppliers. The path define or syllabus should still additionally tackle the scholar grievance method.

    pros and Cons of on-line real property faculties

    Investopedia: What are some pros and cons of on-line precise property schools?

    Smith: comfort and adaptability are definite pros. So is the fact that there is not any deserve to travel to a classroom atmosphere. Others may additionally consist of rate reductions in training, go back and forth, and related expenses. The means to look at anywhere and each time, the flexibility to work all through the day and complete coursework in the night or on weekends, is a huge plus. ultimately, the pliability to take classes if you happen to are competent or obtainable (as opposed to having to stay up for the next quarter, as an example) is also an abilities.

    On the cons facet (and depending on the classification of on-line guide), you may also fail to see interactions between students and lecturers, the capacity to ask questions that arise within the second, or get quick feedback from your instructor. also lacking, personal connections with fellow college students and instructors, networking, and usual relationship building.

    evaluating online to In-grownup classes

    Investopedia: How do online schools evaluate to in-grownup classes?

    Smith: when it comes to the backside-line, efficaciously finishing the training, i might say there is terribly little difference. In regular with schooling, even if in school room or online, I always say you get out of it what you set into it. 

    I've taken courses by using every system and i've taught courses by every method (normal 4 years on campus for bachelor's, evening and weekend courses for MBA, and on-line courses for a different grasp's diploma in own financial planning) as a pupil and on the different facet as a university professor. 

    I feel in-adult classes are more suitable usual in some circumstances. One, for the motives mentioned together with the inability of non-public interplay and networking. Two, I also believe it depends upon what class of researching you're doing. I believe typical classes for pre-licensing may well be a fine element for some college students — or a synchronous online path. If on-line is more suitable for you for anything rationale, it'll really nonetheless meet your necessities.

    other real estate academic options

    Investopedia: What alternatives are there for someone looking for a real property license?

    Smith: here's mostly state elegant, but I believe many states will exchange some faculty classes in lieu of training necessities. When i used to be first licensed in Colorado, i was credited with assembly their 168-hour pre-licensing requirement in response to my school coursework. North Carolina has an identical exception to satisfy its pre-licensing necessities.

    Some states also have a technique to evaluate a route or other activities for continuing education credit score. Some colleges, basically group faculties, offer pre-licensing and put up-licensing courses.

    The charge of an online real property education

    Investopedia: How a whole lot do online precise property schools cost?

    Smith: commonly speakme, online courses are usually cheaper [than in-person classes]. evaluating pre-licensing between states is difficult based on distinct necessities. In North Carolina, for example, online pre-licensing lessons latitude from $249 to $479. N.C. pre-licensing requires 75 hours of training. A famous local schooling provider expenses $495 for the pre-licensing type in grownup and presents a small bargain for the online version. The native group college in my city offers in-adult for $295, which indicates it will pay to store round. 

    the same seek Colorado, my outdated state, suggests online pre-licensing courses working around $300, despite the fact that Colo. requires 168 hours of training. In Texas, as yet another illustration, online lessons run around $seven-hundred and require 270 hours of training. 

    I currently accomplished my continuing schooling requirements, and a four-hour, synchronous Zoom category became $50 in preference to what is continually round $seventy five for an in-grownup reside class. Pre-licensing courses likely have similar comparisons however also differ broadly from state to state in line with what number of hours of coursework are required. 

    Availability of student help

    Investopedia: What, if any, student aid is attainable for online real estate schools?

    Smith: i am not aware of any student fiscal assist. In some situations, a pupil can be capable of use Va. advantages, like GI invoice for some coursework, doubtless in general pre-licensing. different types of loans, promises, scholarships, or possibly organisation guidance could be purchasable as well, so potential college students may still research all alternatives. 

    I don't feel fiscal information is as accessible because it could be for a degree-granting program. [If the state offers credit for university classes,] school coursework could also deliver entry to extra ordinary fiscal tips.

    Job prospects upon getting Your License

    Investopedia: Do individuals who rent new true property brokers or salespeople care how you got your education? 

    Smith: No. online courses put together students for their future just in addition to on-campus classes as a result of they comply with the same instructions and canopy the identical content material as required through the state regulatory corporations.

    assistance for potential online real property learners

    Investopedia: what's your advice to any person thinking about taking on-line precise property lessons?

    Smith: Assuming you have got carried out the preliminary analysis regarding jobs or careers in precise estate and are relatively bound you want to pursue it, i like to recommend going to your state's precise property governing body's website to be trained more state specific guidance. Most of those sites will lay out the requirements to get licensed and to reside licensed, together with the training necessities. 

    Many, if not most, will additionally deliver hyperlinks to permitted training suppliers, information on flow rates for every of the pre-licensing training suppliers, and assistance on the subject matters the pre-licensing training covers. 

    as far as no matter if to take on-line or in-adult courses, i would suggest self-contrast of your gaining knowledge of fashion and which route start method best suits you. agree with the professionals and cons of each, the availability of coaching to fulfill your schedule, and make your determination in line with that.




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