Real Estate study plan
Real Estate · Give each week a clear focus.
8 weeks · About 7 hours per week
Real Estate Practice and Licensing & Fair Housing and Consumer Protection
Outline the licensing lifecycle (pre-license education, exam, license issuance, renewal, and continuing education) from memory
Distinguish agency duties owed by licensees from general consumer-protection obligations in transaction scenarios
Define key fair-housing terms (protected classes, steering, blockbusting, redlining, reasonable accommodation) and write one original example of each
Map each of the 10 exam domains to its percentage weight and rank them by study priority
Your checkpoint
A one-page weighted domain map plus a 25-term fair-housing and licensing glossary written in your own words
Fair Housing and Consumer Protection & Agency and Non-Agency Relationships
Classify ten written scenarios as permitted or prohibited conduct under fair-housing and consumer-protection rules, citing the governing principle for each
Explain advertising, disclosure, and recordkeeping duties that attach to licensees in listing and representation contexts
Compare agency relationship types (single agency, dual agency, designated agency, transaction brokerage) and state who owes what to whom
Draft a script for disclosing agency status to a prospective client in plain language
Your checkpoint
A 10-scenario fair-housing/consumer-protection classification sheet with justifications and a written agency-disclosure script
Agency and Non-Agency Relationships & Contracts
Trace the creation, performance, breach, and termination of an agency relationship using a single fact pattern
Identify the essential elements of a valid contract and apply them to a purchase agreement outline
Sort common contract clauses (contingencies, earnest money, inspection, financing, default) into their functional categories
Explain the statute of frauds and when a written agreement is required
Your checkpoint
A completed agency-and-contract flow chart for one hypothetical transaction, from listing appointment through closing
Real Property Characteristics, Legal Descriptions, and Property Ownership & Real Estate Mathematics and Valuation
Describe the legal description methods (metes and bounds, lot-and-block, government survey) and when each is used
Convert between fractions, decimals, and percentages and compute commission, proration, and percentage-change problems without a calculator error
Compute area for rectangular and irregular parcels and convert among square feet, acres, and square miles
Distinguish ownership forms (severalty, tenancy in common, joint tenancy, community property) and their survivorship consequences
Your checkpoint
A 20-problem math and legal-description worksheet solved with work shown, scored at 80% or better
Real Estate Mathematics and Valuation & Financing
Apply the three approaches to value (sales comparison, cost, income) to simple appraisal scenarios and select the most appropriate approach
Compute gross rent multiplier, capitalization rate, and net operating income from given figures
Compare loan types (conventional, FHA, VA) and identify down-payment, insurance, and eligibility differences
Calculate monthly mortgage payment components (principal, interest, taxes, insurance) and explain amortization and points
Your checkpoint
A valuation-and-financing problem set (15 items) with a written explanation of which approach or loan product fits each scenario
Financing & Leases and Property Management
Distinguish leasehold estates (estate for years, periodic tenancy, tenancy at will, tenancy at sufferance) with an example of each
Compare the rights and duties of landlord and tenant, including security deposits, habitability, and eviction basics
Explain how financing contingencies and loan underwriting affect lease and purchase transactions
Compute rent proration, security-deposit handling, and simple operating budgets for a small rental property
Your checkpoint
A lease-review memo analyzing one sample lease clause-by-clause against landlord-tenant and financing principles
Transfer of Property & Land Use and Environmental Regulations
Sequence the steps of a property transfer from contract to recording and identify the documents involved at each step
Explain title concepts (title insurance, deed types, encumbrances, adverse possession) and how each affects marketability
Summarize zoning, subdivision, and land-use controls and how they constrain development
Identify environmental hazards and disclosure obligations (lead-based paint, wetlands, contamination) and the regulations that trigger them
Your checkpoint
A transfer-and-land-use timeline annotated with the deed, title, zoning, and environmental documents required at each stage
Real Estate Practice and Licensing & Fair Housing and Consumer Protection & Real Property Characteristics, Legal Descriptions, and Property Ownership & Agency and Non-Agency Relationships & Contracts & Financing & Leases and Property Management & Real Estate Mathematics and Valuation & Transfer of Property & Land Use and Environmental Regulations
Complete two full-length timed practice exams and log every missed question by domain and error type
Re-study the two lowest-scoring domains using the error log until missed-question counts drop
Rehearse fair-housing and licensing scenarios aloud to confirm recall under time pressure
Review the weighted domain map and confirm each domain has been touched at least twice
Your checkpoint
An error-log summary showing domain-by-domain accuracy on both practice exams, with a written remediation note for each domain below 75%
Milestones
Week 2: Score at least 80% on a self-made 20-question quiz covering licensing, fair housing, and agency duties
Week 4: Complete the math and legal-description worksheet at 80% or better with all work shown
Week 6: Explain aloud, without notes, the differences among loan types and leasehold estates
Week 8: Score 75% or better on both timed practice exams, with no domain below 70%