PA Real Estate study plan

PA Real Estate · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Real Estate Principles and Practices

Classify property as real versus personal, listing three examples of each and stating the rule used for the classification.
Explain the bundle of rights (surface, subsurface, air, water) and describe how each right can be severed or transferred.
Distinguish freehold estates from leasehold estates and state which estates are inheritable and which are not.
Compare tenancy in common, joint tenancy, and tenancy by the entirety on right of survivorship, unity of title, and transferability.
Define a deed restriction, easement, lien, and encroachment, and state how each affects a property's use or marketability.

One-page comparison table covering at least 12 estates, co-ownership forms, and encumbrances, self-tested to 90% recall without notes.

Week 2

Outline the residential transaction from listing appointment to closing, naming the document produced at each stage.
Describe the fiduciary duties owed by an agent and identify to whom each duty runs in a seller-agency, buyer-agency, and dual-agency situation.
Identify the deed types (general warranty, special warranty, bargain and sale, quitclaim) by the warranties each carries.
Explain the alternative methods of title transfer: testate succession, intestate succession, adverse possession, and eminent domain.
Solve 50 practice items on principles and practices and log each miss with the underlying rule.

Hand-drawn transaction timeline flowchart with at least 10 stages plus a written error log of every missed practice item.

Week 3

Complete a 50-item Domain 1 practice set and score at least 75%.
Convert between fractions, decimals, and percents and compute lot area in square feet for rectangular and irregular parcels.
Compute total commission, co-broker splits, and seller net proceeds from a stated sale price and commission rate.
Explain the difference between market value, assessed value, and sale price in a valuation context.
Write out each formula used this week in your own words.

Formula sheet containing at least 15 formulas, each with one fully worked example, plus a Domain 1 practice score of 75% or better.

Week 4

Summarize Pennsylvania salesperson licensing requirements: age, education, examination, application, and broker sponsorship.
Explain the agency and disclosure provisions of the Pennsylvania Real Estate Commission's governing statute, including the duties triggered at first substantive contact.
Describe escrow requirements: which funds must be deposited, permitted account types, and recordkeeping obligations.
Identify the rules governing advertising, team names, and internet listings under Commission regulation.
Complete a closed-book 50-item quiz on licensing, agency, and escrow and score at least 75%.

Closed-book quiz score of 75% or better with a written log mapping each missed item to the specific rule it violated.

Week 5

Explain the Seller's Property Disclosure Statement: when it must be delivered, which transactions are exempt, and what remedies a buyer has.
Describe required disclosures including lead-based paint, real estate transfer tax obligations, and notice-of-condition requirements.
Outline the disciplinary process for license law violations and rank the available penalties by severity.
Identify the function of each major paragraph in the standard agreement of sale form.
Recite from memory the key Pennsylvania deadlines, fees, and penalty ranges you have studied.

Two-page Pennsylvania law reference sheet plus an oral or written recitation of all licensing, disclosure, and penalty timelines with no errors.

Week 6

Compute prorations for property taxes, rents, and mortgage interest using both the 365-day method and the 30-day/12-month method, and explain when each applies.
Calculate loan-to-value ratio, down payment, discount points, mortgage insurance, and monthly PITI from stated terms.
Build a seller's net proceeds and buyer's closing cost statement, correctly assigning debits and credits.
Apply the sales comparison, cost, and income approaches, solving for capitalization rate, gross rent multiplier, and accrued depreciation.
Complete a 30-item timed math test with no formula sheet and score at least 80%.

Timed 30-item math test scored at 80% or above with no reference materials, plus corrected solutions for every missed problem.

Week 7

Re-attempt every item missed in weeks 1 through 6 and resolve each to a stated rule or formula.
Build a 30-card recall deck covering Pennsylvania-specific numbers: fees, deadlines, and penalty ranges.
Complete a mixed 100-item set spanning all three domains and score at least 75% overall with no domain below 70%.
Classify each error as content gap, misread question, or math slip, and state the fix for each category.

Consolidated error log with root-cause classification and a 30-card recall deck completed and self-quizzed to 90%.

Week 8

Complete three full-length timed practice exams under exam conditions with no interruptions or notes.
Review each exam the same day and close every gap identified before starting the next one.
Rebuild the math formula sheet from memory and verify it against your week 3 version.
Rate your confidence per domain and schedule your remaining study time against the lowest-rated domain.

Final practice exam scored at 80% or above with every domain at 75% or above, plus a one-page last-24-hours review sheet.

Week 2: Score 70% or better on 60 cumulative Domain 1 practice items taken untimed but closed-book.

Week 4: Pass a closed-book 50-item quiz on Pennsylvania licensing, agency, and escrow rules at 75% or better.

Week 6: Score 80% or better on a timed 30-item math and valuation test with no formula sheet available.

Week 8: Score 80% or better on a full-length timed practice exam with each of the three domains at 75% or better.