NY Real Estate study plan

Define the core property concepts - real vs. personal property, fixtures, air and subsurface rights - and classify 20 given items correctly

Distinguish the forms of ownership and tenancy (severalty, joint tenancy, tenancy in common, tenancy by the entirety) by stating creation requirements and survivorship rules for each

Identify and describe the recognized methods of describing and measuring land, including metes and bounds, lot-and-block, and the government survey system

Explain the difference between a lien, an easement, an encroachment, and a license, and place each in the correct encumbrance category

Trace how title passes from seller to buyer by sequencing the steps of a deed transfer, from contract through recording

Distinguish the types of deeds and the covenants each carries, and select the correct deed for five described scenarios

Explain the function of recording statutes, constructive notice, and title insurance in protecting a purchaser

Summarize the New York rules on adverse possession, transfer of title by operation of law, and the effect of a death of a co-owner

Outline the New York licensing framework: who must be licensed, license classes, sponsorship and team requirements, and renewal and continuing-education obligations

State the statutory duties and prohibited conduct that trigger disciplinary action by the Department of State, including commingling, undisclosed dual compensation, and records retention

Describe the agency-disclosure requirements imposed by New York law and when the disclosure must be delivered

Explain the scope of the attorney-general oversight of offerings and the rules on advertising and Internet listing of properties

Identify the required elements of a valid real estate contract and explain how the statute of frauds applies to listings, contracts, and leases

Compare the standard broker-prepared contract forms and the attorney's role in New York residential transactions

Analyze contingencies, escrow provisions, and remedies for breach, and predict the outcome of four hypothetical breaches

Explain the effect of attorney approval clauses, home-inspection provisions, and lead-paint disclosure on contract enforceability

Compute monthly mortgage payments, LTV ratios, and closing-cost allocations using the standard amortization and proration formulas

Distinguish the loan instruments, the types of mortgage lenders, and the regulations governing mortgage disclosures and escrow accounts

Sequence the steps of a closing in New York, from clear-to-close through recording, and identify the role of each party at the table

Explain the function of the closing disclosure, the deed transfer, and the title policy at settlement

Distinguish the brokerage relationship types recognized in New York and the point at which each is created

Enumerate and apply the fiduciary duties of loyalty, obedience, disclosure, confidentiality, accounting, and reasonable care to five realistic fact patterns

Explain the broker's duties of care and accounting, including the handling of escrow funds and client funds

Analyze dual agency and designated agency scenarios and state when disclosure and informed consent are required

Outline the federal and New York fair housing statutes and identify the protected classes and the practices they prohibit

Distinguish disparate treatment from disparate impact and apply both theories to two advertising or screening scenarios

Explain the ethical obligations of the licensee under the real estate code of ethics and state licensing law, including advertising accuracy and disclosure of conflict of interest

Identify consumer-protection requirements in New York, including disclosure of agency, property condition, and lead-based paint

Synthesize all five domains by completing timed, full-length practice exams under exam conditions

Diagnose weak domains from the score reports and re-drill the two lowest-scoring areas

Recall the key definitions, statutes, and formulas from memory without reference to notes