Bert Rodgers Schools wants you to be fully prepared for success on the state licensing exam. Below you will find feedback from the state highlighting areas that recent test takers have struggled with. While studying, please make sure to pay extra attention to these topics.
December 2019
Chapter 2: REAL ESTATE LICENSE LAW AND QUALIFICATIONS FOR LICENSURE
- Review 61J2-3.009, F.A.C.- All persons holding active or inactive licenses as brokers or sales associates must satisfactorily complete a minimum of 14 hours of instruction of 50 minutes each as the Commission has prescribed or approved during each license renewal period excluding the first renewal period of their current license.
Chapter 8: REAL PROPERTY RIGHTS
- Review the definition of separate property—real property owned by either spouse before marriage.
- Review the legal test for fixture—intent of the parties, relationship or agreement of the parties, method of annexation or attachment, and adaptation of the item (IRMA).
Chapter 9: TITLE, DEEDS, AND OWNERSHIP RESTRICTIONS
- Review the definitions for special purpose deeds such as the guardian’s deed, personal representative’s deed, committee’s deed and tax deed.
- Review the different easements such as easement in gross and easement by necessity.
Chapter 11: REAL ESTATE CONTRACTS
- Review Option Contracts—it is a unilateral contract that must be in writing and signed to be enforceable.
Chapter 14: REAL ESTATE-RELATED COMPUTATIONS AND CLOSING OF TRANSACTIONS
- Review the calculation for interest on assumed mortgages and pay attention to the number of days seller owns the property in the month of closing.
- A new Purchase Money Mortgage is entered as a credit to the buyer and as a debit to the seller.
Chapter 15: THE REAL ESTATE MARKET AND ANALYSIS
- Review the physical characteristics of the real estate market—
indestructible, immobile, and unique.
Chapter 18: TAXES AFFECTING REAL ESTATE
- Review the calculations for special paving assessments—remember to split the cost of the assessment in half.