Property-Only study materials
Property-Only study resources

Property-Only study plan

Property-Only · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Property Ownership and Interests & Real Estate Math and Calculations

  • Define and distinguish the bundle of rights, freehold estates (fee simple absolute, fee simple defeasible, life estate), and leasehold estates, writing a one-line definition and one example for each

  • Classify ten fact patterns as tenancy in common, joint tenancy, tenancy by the entirety, or community property, and state the survivorship and severance rule applied in each

  • Compute proration of property taxes and rent for three closing scenarios using both the 365-day and 30-day-month methods, and reconcile the difference

  • Build a one-page formula sheet covering area, percentage, proration, and commission calculations, then solve five practice problems without notes

Your checkpoint

A 15-question self-made quiz on ownership interests and proration math, scored at 80% or better with every missed item corrected in writing

Week 2

Property Ownership and Interests & Property Contracts and Transfer of Title

  • Trace each step of a voluntary transfer from listing through recording, and identify at which step title, equitable title, and risk of loss pass

  • Compare general warranty, special warranty, bargain and sale, and quitclaim deeds on the covenants each contains

  • Explain constructive, inquiry, and actual notice, and apply them to three recording-act fact patterns including a race-notice jurisdiction

  • Draft a one-page comparison of the three recording statutes (race, notice, race-notice) with a worked priority example for each

Your checkpoint

A completed title-transfer flowchart plus three written priority-of-claims analyses, each concluding with the prevailing party and the statute relied on

Week 3

Property Contracts and Transfer of Title & Encumbrances, Liens, and Easements

  • Identify the required elements of a valid real estate purchase contract and flag which missing element makes a sample contract unenforceable

  • Distinguish encumbrances from liens, and classify five liens as voluntary or involuntary and as general or specific

  • Analyze how easements are created (express, implied, prescriptive, necessity) and how they are terminated, applying each to a short scenario

  • Explain marketable title, title insurance, and the difference between standard and extended coverage, and list the typical exceptions on a commitment

Your checkpoint

A written contract-and-title review of one sample purchase agreement, listing at least eight findings with the clause or doctrine supporting each

Week 4

Encumbrances, Liens, and Easements & Fair Housing and Consumer Protection

  • Describe the seven protected classes under the federal Fair Housing Act and identify which additional protections are commonly added at state or local level

  • Distinguish disparate treatment from disparate impact, and apply both theories to three advertising or screening scenarios

  • Explain reasonable accommodation and reasonable modification obligations, and write two compliant responses to hypothetical tenant requests

  • Identify prohibited practices under consumer protection rules for advertising, disclosure, and referral fees, and rewrite two noncompliant advertisements

Your checkpoint

A compliance checklist of at least 12 do/don't items covering advertising, screening, accommodations, and disclosures, plus two rewritten compliant ads

Week 5

Agency and Fiduciary Duties & Financing and Mortgages

  • Distinguish express, implied, and ostensible agency, and determine in three scenarios whether an agency relationship exists and who the agent represents

  • List fiduciary duties (care, obedience, loyalty, disclosure, accounting, confidentiality) and identify which duty is breached in five short vignettes

  • Explain dual agency, designated agency, and transaction brokerage, and state the required disclosures for each in your jurisdiction

  • Compare conventional, FHA, VA, and USDA loan features, and compute principal and interest on a fixed-rate loan using the amortization formula

  • Prepare a loan comparison table showing down payment, mortgage insurance, and eligibility requirements for four loan programs

Your checkpoint

A one-page fiduciary duty matrix (duty, definition, example breach, remedy) plus a completed four-program loan comparison table

Week 6

Valuation and Market Analysis & Real Estate Math and Calculations

  • Apply the sales comparison approach by selecting and adjusting comparables for time, location, and features, and justify each adjustment direction

  • Explain the cost approach and income approach, and compute a gross rent multiplier and a capitalization-rate value estimate

  • Calculate gross commission splits, seller net proceeds, and buyer closing costs for three full transaction scenarios

  • Compute loan-to-value, points, discount points, and monthly housing expense ratio, and state whether a sample borrower meets a 28/36 qualifying standard

Your checkpoint

Three complete transaction worksheets (commission, seller net, buyer costs, LTV, and qualifying ratios) with all arithmetic shown and a one-paragraph reconciliation of the three valuation approaches

Week 7

Land Use and Property Management & Encumbrances, Liens, and Easements

  • Explain zoning classifications, nonconforming use, variance, special exception, and spot zoning, and classify five land-use scenarios

  • Describe the purpose and effect of subdivision plat approval, building codes, and environmental overlays on a development project

  • Compare the property management roles of leasing, maintenance, budgeting, and owner reporting, and draft a monthly owner report outline

  • Distinguish deed restrictions from zoning ordinances and identify which controls in two conflicting scenarios

  • Review a sample lease for at least six legally significant clauses and explain the risk each allocates

Your checkpoint

A land-use and lease review memo of at least 400 words covering five scenarios with the governing doctrine and outcome for each

Week 8

Fair Housing and Consumer Protection & Agency and Fiduciary Duties & Property Contracts and Transfer of Title

  • Synthesize fair housing, agency, and contract rules into a pre-listing and pre-closing compliance sequence for a single transaction

  • Complete two timed 50-question mixed practice exams and log every error by domain and cause

  • Re-drill the two lowest-scoring domains until each reaches 80% accuracy on a fresh set of items

  • Write a one-page exam-day reference sheet of formulas, deadlines, and protected classes from memory, then verify it against your notes

Your checkpoint

Two scored timed practice exams with an error log and a verified one-page exam-day reference sheet

Milestones

Week 2: Score 80% or better on a 20-question quiz covering ownership interests and title transfer, with no unresolved arithmetic errors on proration items

Week 4: Complete the fair housing compliance checklist and pass a 15-question encumbrance and consumer protection quiz at 80% or better

Week 6: Finish all three transaction worksheets with correct totals and correctly classify at least four of five valuation and financing scenarios

Week 8: Achieve 80% or better on both timed 50-question mixed exams and show improvement in the two previously weakest domains