ADREC Broker Exam study plan

ADREC Broker Exam · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Real Estate Brokerage Law and Regulatory Framework

Outline the regulatory bodies and their rulemaking authority that govern brokerage practice
Summarize the core statutory duties a broker owes under the brokerage law framework
List the penalties and disciplinary actions available for regulatory violations
Draft a one-page map linking each regulator to the activities it supervises

A one-page regulatory authority map with at least 10 regulator-to-activity links and 5 listed enforcement penalties

Week 2

Distinguish licensing tiers, eligibility criteria, and renewal obligations
Explain the duties of care, loyalty, disclosure, and confidentiality in broker-client relationships
Identify conflicts of interest and describe the required disclosure steps
Compare ethical standards against legal minimums in three scenarios

A 15-question self-quiz on licensing and duties, scored with written corrections for every missed item

Week 3

Draft a compliant brokerage agreement containing all mandatory terms
Classify agency relationships and explain how each is created and terminated
Analyze contract formation, conditions, breach, and remedies in brokerage contexts
Write short answers to 5 agency-scenario prompts citing the governing rule

A model brokerage agreement checklist with every mandatory clause annotated to its legal source

Week 4

Describe ownership interests, co-ownership forms, and restrictions on transfer
Trace the title registration process from transfer instrument to registry entry
Apply the three valuation approaches to a sample property and justify the chosen method
Compute a basic comparative market analysis from a provided data set

A 20-item mixed quiz on titles and valuation plus a worked CMA for one property, achieving 80% or higher

Week 5

Sequence the off-plan sales lifecycle from reservation to handover
Explain escrow account rules, permitted withdrawals, and project completion triggers
List developer disclosure and delivery obligations and the remedies for default
Map each escrow milestone to the document that evidences it

An escrow milestone flowchart with at least 6 stages, each tied to a required document and responsible party

Week 6

Summarize tenancy law rules on notice periods, rent increases, and security deposits
Differentiate lease types and identify clauses that create disputes
Outline the rental dispute resolution path from complaint to decision
Draft responses to 4 tenancy-dispute scenarios citing the applicable rule

A dispute-resolution path diagram plus 4 written scenario responses reviewed against the statute

Week 7

Explain mortgage structures, pre-approval steps, and broker disclosure duties in financing
Apply anti-money-laundering controls including customer due diligence, source-of-funds checks, and suspicious-transaction reporting
Identify data-protection obligations for client records and consent handling
Evaluate 3 advertisements for compliance with marketing and disclosure rules

An AML and data-protection compliance checklist of at least 12 checkpoints plus a written audit of 3 sample advertisements

Week 8

Two completed timed practice exams with a domain-by-domain error log showing improvement on the second attempt

Week 2: Score 80% or higher on the licensing and duties self-quiz and explain every missed item in writing

Week 4: Score 80% or higher on the titles and valuation quiz and submit a defensible CMA

Week 6: Correctly resolve at least 3 of 4 tenancy-dispute scenarios against the statutory rule

Week 8: Score 75% or higher on both timed practice exams with the second attempt showing fewer errors in the weakest domains