Property-Only study plan
Property-Only · Give each week a clear focus.
8 weeks · About 7 hours per week
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
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
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
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
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
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
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
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