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Exam Number : CA-Real-Estate
Exam Name : California Real Estate exam (DRE)
Vendor Name : Real-Estate
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CA-Real-Estate exam Format | CA-Real-Estate Course Contents | CA-Real-Estate Course Outline | CA-Real-Estate exam Syllabus | CA-Real-Estate exam Objectives

Appropriate knowledge of the English language, including reading, writing, and spelling; and of arithmetical computations common to real estate and business opportunity practices.
An understanding of the principles of real estate and business opportunity conveyancing; the general purposes and general legal effect of agency contracts, deposit receipts, deeds, deeds of trust, chattel mortgages, bills of sale, mortgages, land contracts of sale, and leases; and of the principles of business, land economics and appraisals.
A general and fair understanding of the obligations between principal and agent; the principles of real estate and business opportunity transactions, and the code of business ethics pertaining thereto; as well as of the provisions of the law relating to real estate as administered by the Real Estate Commissioner.

- Classes of Property
- Property Characteristics
- Encumbrances
- Types of Ownership
- Descriptions of Property
- Government Rights in Land
- Public Controls
- Environmental Hazards and Regulations
- Private Controls
- Water Rights
- Special Categories of Land

- Law, Definition and Nature of Agency Relationships, Types of Agencies, and Agents
- Creation of Agency and Agency Agreements
- Responsibilities of Agent to Seller/Buyer as Principal
- Disclosure of Agency
- Disclosure of Acting as Principal or Other Interest
- Termination of Agency
- Commission and Fees
- Responsibilities of Agent to Non-Client Third Parties

- Value
- Methods of Estimating Value
- Financial Analysis

- General Concepts
- Types of Loans
- Sources of Financing
- Government Programs
- Mortgages/Deeds of Trust/Notes
- Financing/Credit Laws
- Loan Brokerage
- Types of Loan Originators

- Title Insurance
- Deeds
- Escrow
- Tax Aspects
- Special Processes
- Transfer through Court Supervision
- Types of Vesting

- Trust Account Management
- Fair Housing Laws
- Truth in Advertising
- Record Keeping Requirements
- Agency Supervision
- Permitted Activities of Unlicensed Sales Assistants
- DRE Jurisdiction and Disciplinary Actions
- Licensing, and Continuing Education Requirements and Procedures
- California Real Estate Recovery Fund
- General Ethics
- Technology
- Property Management
- Commercial/Industrial/Income Properties
- Specialty Areas
- Transfer Disclosure Statement
- Natural Hazard Disclosure Statements
- Disclosure of Material Facts Affecting Property Value
- Need for Inspection and Obtaining/Verifying Information
- Reports
- Servicing Diverse Populations

- General
- Listing Agreements
- Buyer Broker Agreements
- Offers/Purchase Contracts
- Agreements
- Promissory Notes/Securities
- Purchase/Lease Options
- Advanced Fee

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The California Real Estate exam is a standardized test that individuals must pass in order to become licensed real estate professionals in California. The exam is designed to assess an individual's knowledge and understanding of California real estate laws, principles, practices, and procedures. The exam covers a wide range of topics, including real estate finance, property ownership and transfer, contracts, agency relationships, and real estate appraisal.

The California Real Estate exam is administered by the California Bureau of Real Estate and consists of two parts: the national portion and the California state-specific portion. The national portion of the exam is based on national real estate principles and practices and is the same for all states. The California state-specific portion of the exam is unique to California and covers syllabus such as California real estate laws, regulations, and procedures.

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Passing the California Real Estate exam is an important step towards becoming a licensed real estate professional in California. In addition to passing the exam, candidates must also meet other eligibility requirements, such as completing pre-licensing education, passing a background check, and submitting a licensing application and fee.

Once licensed, real estate professionals in California can work in a variety of fields, including residential and commercial real estate sales, property management, real estate appraisal, and real estate brokerage. The California real estate market is one of the largest and most competitive in the country, making it an attractive career choice for individuals looking for a challenging and rewarding career in the real estate industry.

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