This pre-licensing course satisfies Florida's pre-license education requirements for anyone who meets the state’s prequalifications and wants to become a real estate professional.
The beginning of the course covers important topics for any new real estate professional, including an overview of real estate as a business and laws that govern real estate licensees and their activities. Then, you’ll learn about agency relationships, required disclosures, and the rules and requirements a brokerage and licensee must follow.
Next, the course looks at violations of license law, penalties, investigations, and use of the Real Estate Recovery Fund. After that, you’ll explore legislation related to the real estate industry, including the Fair Housing Act. The course then pivots to an examination of various types of housing which utilize shared ownership, as well as types of estates and the difference between real and physical property. Following that, the course explores types of deeds and how property is transferred.
Additional topics include the different methods of legal descriptions for property, as well as real estate calculations. After that is a section on real estate contracts, contract clauses, contract law, fraud, and negligence.
The next section focuses on residential mortgages and sources of financing for real estate transactions. This includes looking at various aspects of closing a transaction, including calculations, transaction steps, and the paperwork involved.
After that, you’ll learn about real estate values and the physical and economic characteristics they depend on. This is followed by a section that examines how real estate is valued through appraisals and why they are used. The next section discusses the pros, cons, and methods of real estate investing, as well as the work of brokering businesses.
From there, you’ll study the types of taxes that affect real estate and which types of real estate receive special tax treatment. The course ends with a discussion on the purpose and methods of community zoning and planning.
To promote comprehension and retention of course materials, each section of the course ends with a quiz that covers the content from the preceding section. The course also includes a 100-question exam that includes questions from each section of the course.
Course Format: Text
Credit Type: Salesperson
Course ID(s): 0022053 (Lic# CRS27231)
Approved By: Florida Department of Business & Professional Regulation (DBPR)
- The Business of Real Estate
- The Real Estate Business [9 Activities]
- 01. Real Estate Basics (Video)
- 02. Key Terms
- 03. Introduction to the Real Estate Business
- 04. Real Estate Brokerage
- 05. Property Management (Video)
- 06. Development and Construction
- 07. The Role of Government
- 08. Professional Organizations
- 09. Basics of Real Estate - Review (Video)
- Quiz 1 (10 questions)
- The Real Estate Business [9 Activities]
- Real Estate License Law
- Real Estate License Law and Qualifications for Licensure [14 Activities]
- 01. Licensing Summary (Video)
- 02. Key Terms
- 03. History and Purpose of Real Estate License Laws
- 04. License Categories
- 05. Licensing Provisions (Video)
- 06. General Licensure Provisions
- 07. Application Requirements
- 08. Sales Associate License Requirements
- View Additional Activities
- 09. Broker License Requirements
- 10. Mutual Recognition Agreements with Other States
- 11. Information Included on Real Estate License
- 12. Registration vs. Licensure
- 13. License Renewal Education
- 14. Real Estate Services
- Quiz 2 (15 questions)
- Real Estate License Law and Commission Rules [8 Activities]
- 01. License Law & the Real Estate Commission (Video)
- 02. Key Terms
- 03. Regulation by Department of Business and Professional Regulation (DBPR)
- 04. Division of Real Estate
- 05. Florida Real Estate Commission; Rules Governing Internal Organization and Operation; 61J2-20
- 06. License Renewal and License Statutes
- 07. Multiple Licenses and Group Licenses
- 08. Conclusion to License Law & FREC (Video)
- Quiz 3 (10 questions)
- Real Estate License Law and Qualifications for Licensure [14 Activities]
- Relationships and Brokerage Activities
- Authorized Relationships, Duties, and Disclosure [14 Activities]
- 01. Authorized Relationships, Duties, and Disclosure
- 02. Key Terms
- 03. Fiduciary Duties (Video)
- 04. Concept of Agency
- 05. Disclosure Requirements
- 06. General & Special Agency (Video)
- 07. Authorized Brokerage Relationships
- 08. Consent to Transition From Single Agent to Transaction Broker
- View Additional Activities
- 09. Designated Sales Associate (Video)
- 10. Designated Sales Associate
- 11. Record Keeping (Video)
- 12. Record Keeping and Retention
- 13. Terminating Brokerage Relationship
- 14. Conclusion
- Quiz 4 (10 questions)
- Real Estate Brokerage Activities and Procedures [14 Activities]
- 01. Real Estate Brokerage Activities and Procedures
- 02. Key Terms
- 03. Brokerages (Video)
- 04. Brokerage Offices
- 05. Guidelines for Advertising
- 06. Escrow (Trust) Accounts
- 07. Broker/Sales Associate Licensee as Expert in Specific Aspects of Property Transfer
- 08. Commissions (Video)
- View Additional Activities
- 09. Brokers Commissions
- 10. Change of Employer
- 11. Types of Business Entities (Video)
- 12. Types of Business Entities
- 13. Trade Names (Chapter 865.09, F.S.)
- 14. Personal Assistants
- Quiz 5 (15 questions)
- Authorized Relationships, Duties, and Disclosure [14 Activities]
- Violating the Law
- Violations of License Law, Penalties, and Procedures [10 Activities]
- 01. Violations of License Law, Penalties, and Procedures
- 02. Key Terms
- 03. Disciplinary Actions (Video)
- 04. Disciplinary Procedures (Chapters 120, F.S.; 455, F.S.; 475, F.S.; 60Q and 61J2 of the Florida Administrative Code)
- 05. Commission Meeting (Probable-Cause Panel Members are Excused)
- 06. Violations & Penalties (Video)
- 07. Violations and Penalties
- 08. Real Estate Recovery Fund (Video)
- 09. Real Estate Recovery Fund
- 10. Conclusion
- Quiz 6 (15 questions)
- Violations of License Law, Penalties, and Procedures [10 Activities]
- Federal and State Laws
- Federal and State Laws Pertaining to Real Estate [8 Activities]
- 01. Federal Laws Pertaining to Real Estate (Video)
- 02. Key Terms
- 03. Federal Laws
- 04. Federal Laws (cont.)
- 05. Federal Laws (cont.)
- 06. Fair Housing Practices (Video)
- 07. Florida Residential Landlord-Tenant Act
- 08. Conclusion to State & Federal Law (Video)
- Quiz 7 (10 questions)
- Federal and State Laws Pertaining to Real Estate [8 Activities]
- Property
- Property Rights: Estates and Tenancies; Condominiums, Cooperatives, Community Development Districts, Homeowner Associations and Timesharing [13 Activities]
- 01. Introduction to Property Rights (Video)
- 02. Key Terms
- 03. Land, Real Estate, and Real Property
- 04. Real Versus Personal Property
- 05. Bundle of Rights & Estates (Video)
- 06. Basic Property Rights
- 07. Freehold Estates
- 08. Types of Ownership (Video)
- View Additional Activities
- 09. How Ownership Can Be Held
- 10. Leases (Video)
- 11. Leasehold (Nonfreehold) Estates
- 12. Cooperatives, Condominiums, and Timesharing
- 13. Conclusion
- Quiz 8 (20 questions)
- Title, Deeds, and Ownership Restrictions [16 Activities]
- 01. Titles, Deeds, and Ownership Restrictions
- 02. Key Terms
- 03. Titles & Deeds (Video)
- 04. Concept of Title
- 05. Transfer by Voluntary Alienation
- 06. Transfer by Involuntary Alienation
- 07. Notice to Legal Title
- 08. Protection of Title
- View Additional Activities
- 09. Private Land Use Controls (Video)
- 10. Deeds
- 11. Liens & Lien Priority (Video)
- 12. Ownership Limitations and Restrictions
- 13. Ownership Limitations and Restrictions: Easements
- 14. Ownership Limitations and Restrictions: Leases
- 15. Ownership Limitations and Restrictions: Liens
- 16. Conclusion
- Quiz 9 (20 questions)
- Legal Descriptions [10 Activities]
- 01. Legal Descriptions
- 02. Key Terms
- 03. Other Types of Legal Descriptions (Video)
- 04. Legal Descriptions (Video)
- 05. Purpose of Legal Descriptions
- 06. Types of Legal Descriptions
- 07. Types of Legal Descriptions: Government Survey System
- 08. Types of Legal Descriptions: Lot and Block Survey Method
- 09. Assessor's Parcel Numbers
- 10. Conclusion
- Quiz 10 (7 questions)
- Property Rights: Estates and Tenancies; Condominiums, Cooperatives, Community Development Districts, Homeowner Associations and Timesharing [13 Activities]
- Contracts
- Real Estate Contracts [15 Activities]
- 01. Real Estate Contracts
- 02. Elements of a Contract (Video)
- 03. Key Terms
- 04. Contracts in General
- 05. Essentials of a Contract
- 06. Classifications of Contracts
- 07. Clauses of a Contract (Video)
- 08. Contract Negotiation
- View Additional Activities
- 09. Types of Listing Agreements (Video)
- 10. Contracts Important to Real Estate
- 11. Contracts Important to Real Estate: Sales Contracts
- 12. Contracts Important to Real Estate: Sales Contracts and Material Defects Disclosure
- 13. Contracts Important to Real Estate: Option Contracts
- 14. Misrepresentation and Fraud
- 15. Conclusion
- Quiz 11 (25 questions)
- Real Estate Contracts [15 Activities]
- Mortgages
- Residential Mortgages [13 Activities]
- 01. Residential Mortgages
- 02. Key Terms
- 03. Mortgages (Video)
- 04. Mortgage Concepts
- 05. Essential Elements of the Mortgage
- 06. Elements of Mortgages (Video)
- 07. Common Mortgage Features
- 08. Assignment of Mortgage
- View Additional Activities
- 09. Methods of Purchasing Mortgaged Property Encumbered by an Existing Mortgage Loan
- 10. Land Development Loans and Construction Loans
- 11. Loan Default (Video)
- 12. Default
- 13. Conclusion
- Quiz 12 (15 questions)
- Types of Mortgages and Sources of Financing [17 Activities]
- 01. Types of Mortgages and Sources of Financing
- 02. Key Terms
- 03. Qualifying for a Loan
- 04. Conventional Mortgages (Video)
- 05. Conventional Mortgages
- 06. Common Types of Mortgages
- 07. Custom Mortgages
- 08. Government-Backed Loans (Video)
- View Additional Activities
- 09. Government-Insured FHA Program
- 10. VA Loan Guarantee Program
- 11. Primary Sources of Home Financing
- 12. TILA-RESPA (Video)
- 13. Secondary Mortgage Market
- 14. Mortgage Fraud (Video)
- 15. Mortgage Fraud
- 16. Laws Regarding Fair Credit and Lending Procedures
- 17. Conclusion (Video)
- Quiz 13 (20 questions)
- Residential Mortgages [13 Activities]
- The Closing
- Real Estate-Related Computations and Closing of Transactions [13 Activities]
- 01. Real Estate-Related Computations and Closing of Transactions
- 02. Key Terms
- 03. Real Estate Math (Video)
- 04. Basic Real Estate Computations
- 05. Steps of Closing (Video)
- 06. Preliminary Steps to Closing
- 07. Prorated Expenses
- 08. State Transfer Taxes
- View Additional Activities
- 09. Other Charges
- 10. Rules of Thumb
- 11. TRID Forms (Video)
- 12. Key Concepts Regarding Closing Disclosure
- 13. Conclusion
- Quiz 14 (10 questions)
- Real Estate-Related Computations and Closing of Transactions [13 Activities]
- The Real Estate Market, Appraisal, and Investment
- Real Estate Markets and Analysis [7 Activities]
- 01. The Real Estate Markets and Analysis
- 02. Key Terms
- 03. Physical Characteristics of Property (Video)
- 04. Physical Characteristics of Real Estate
- 05. Highest and Best Use
- 06. Economic Characteristics of Land
- 07. Conclusion
- Quiz 15 (5 questions)
- Real Estate Appraisal [12 Activities]
- 01. Real Estate Appraisal
- 02. Key Terms
- 03. Regulation of Appraising - FIRREA
- 04. Appraisal & Valuation (Video)
- 05. Concept of Value
- 06. Value and Appreciation (Video)
- 07. Principles of Value
- 08. Introduction to the Three Approaches to Value
- View Additional Activities
- 09. Preparing a CMA (Video)
- 10. Preparing a Comparative Market Analysis (CMA)
- 11. Preparing a Comparative Market Analysis (CMA): Common Elements of Comparison
- 12. Conclusion
- Quiz 16 (10 questions)
- Real Estate Investments and Business Opportunity Brokerage [13 Activities]
- 01. Real Estate Investments and Business Opportunity Brokerage
- 02. Key Terms
- 03. Risk, Leverage & Liquidity (Video)
- 04. Investment Real Estate Terminology
- 05. Types of Investment Properties (Video)
- 06. Types of Investments
- 07. Advantages of Real Estate Investments
- 08. Disadvantages of Investing in Real Estate
- View Additional Activities
- 09. Risk and Reward of Commercial Investments (Video)
- 10. Assessment of Risk
- 11. Nature of Business Brokerage
- 12. Nature of Business Brokerage: Expertise Required in Business Brokerage
- 13. Conclusion
- Quiz 17 (10 questions)
- Real Estate Markets and Analysis [7 Activities]
- Taxes
- Taxes Affecting Real Estate [9 Activities]
- 01. Taxes Affecting Real Estate
- 02. Real Estate and Income Taxes (Video)
- 03. Key Terms
- 04. Calculating Property Taxes (Video)
- 05. Real Property Taxation
- 06. Real Property Taxation: Special Assessments
- 07. Federal Income Taxes
- 08. Federal Income Taxes: Investment Real Estate
- 09. Conclusion
- Quiz 18 (5 questions)
- Taxes Affecting Real Estate [9 Activities]
- Planning, Zoning, and the Real Estate Industry
- Planning and Zoning [15 Activities]
- 01. Planning and Zoning
- 02. Key Terms
- 03. Planning and Zoning (Video)
- 04. Planning and Zoning
- 05. Local Planning Agency
- 06. Comprehensive or Master Plans (Video)
- 07. Florida's Growth Policy and Community Planning Act (CPA)
- 08. Zoning, Land Use Restrictions, and Building Codes
- View Additional Activities
- 09. Appeals and Exceptions
- 10. Environmental Requirements
- 11. Flood Zones
- 12. Common Environmental Issues (Video)
- 13. Indoor and Outdoor Environmental Hazards
- 14. Lead Based Paint Hazards (Video)
- 15. Review and Conclusion (Video)
- Quiz 19 (15 questions)
- Planning and Zoning [15 Activities]
- Final Exam
- Final Exam (100 questions)
- Student Affidavit
- Course Completion
- Mandatory Questionnaire
- Certificate of Completion
- Guaranteed Next Business Day Reporting
