CeRER study plan

Define each estate in land (fee simple absolute, fee simple defeasible, life estate, leasehold) and classify 10 given scenarios by estate type without notes.

Distinguish real property from personal property by fixture rules (annexation, adaptation, intention) and write a five-rule decision checklist you can apply under time pressure.

Explain the recording system and chain of title, then trace how a deed moves from delivery to constructive notice in a written three-step summary.

Outline the required elements of a valid real estate contract (offer, acceptance, consideration, capacity, lawful purpose, statute of frauds) and match each element to a sample contract clause.

Compare the standard listing, buyer-broker, and dual-agency disclosure documents by identifying who signs each, when it must be signed, and what obligations it creates.

Sequence a full transaction timeline from pre-approval through closing, labeling each contingency deadline and the party responsible for each action.

Draft a disclosure checklist covering seller property condition, agency relationships, lead-based paint, and known material defects.

Identify the remedies for breach (specific performance, liquidated damages, rescission) and state which contract provision controls each in a typical purchase agreement.

Build a listing presentation outline that covers pricing rationale, marketing plan, net-proceeds estimate, and agency disclosure.

Practice converting a comparative market analysis into a defensible list price by adjusting for at least six property differences.

Write a buyer consultation script that establishes agency, explains fiduciary duties, and sets a showing and communication schedule.

Distinguish the duties owed to clients from those owed to customers and apply them to five short fact patterns.

Apply all three appraisal approaches (sales comparison, cost, income) to the same property and explain in writing why the reconciled value differs from each individual indication.

Compute gross rent multiplier and capitalization rate from given figures and interpret what each change signals about value.

Explain highest and best use and identify the four tests (legally permissible, physically possible, financially feasible, maximally productive) in three scenarios.

Distinguish assessed value, appraised value, and market price and describe how each is used in a transaction.

Trace a loan from application through closing disclosure, naming the document produced at each stage and the timing rule that governs it.

Compare conventional, FHA, VA, and USDA loans on down payment, insurance requirements, and property standards.

Explain the loan estimate and closing disclosure tolerance categories and identify which fees can and cannot increase.

Summarize the key federal statutes affecting transactions (fair housing, RESPA, Truth in Lending, lead disclosure) and state one practical compliance action for each.

List each fiduciary duty (care, obedience, loyalty, disclosure, confidentiality, accounting) and write a fact pattern where that duty is breached.

Identify prohibited practices under fair housing law, including steering, blockbusting, redlining, and discriminatory advertising, and rewrite three biased ad lines to be compliant.

Distinguish general agency, special agency, and subagency, and explain how representation is established and terminated.

Apply license law concepts such as commingling, earnest money handling, and required recordkeeping to five short scenarios.

Design a client communication plan covering initial contact, weekly updates, offer negotiations, and post-closing follow-up.

Practice handling three difficult client situations (low appraisal, failed inspection, competing offer) by writing a response script for each.

Explain the elements of a professional risk-management routine, including documentation, disclosure, and scope-of-authority limits.

Build a referral and follow-up system with at least five specific touchpoints and the timing for each.

Complete a full-length timed practice exam and record the score by domain to identify the two weakest areas.

Re-study the two weakest domains using your own notes and rewrite the missed concepts in your own words.

Take a second timed practice exam and compare domain scores to confirm improvement.

Consolidate all weekly deliverables into one indexed master notebook and write a one-page pre-exam summary of the highest-yield rules.