California Real Estate Principles

This show provided an overview of both money type encumbrances i.e. mortgages, mechanic's liens, taxes, etc. and physical encumbrances i.e. easements, building restrictions, encroachments, etc.

This show continued the discussion of Landlord and Tenant and covered the Tenant Rental Application and different ways a rental contract can be terminated. Also, there was a detailed discussion of the different parts of the Property Management Agreement which emphasized the importance of real estate professionals knowing the complete details of the entire agreement.

This show continued the discussion of both money type encumbrances i.e. mortgages, mechanic's liens, taxes, etc. and physical encumbrances i.e. easements, building restrictions, encroachments, etc.

This show provided an overview of Escrow and Title Insurance. The sequence of steps in an escrow and who pays for the escrow and title fees. Finally, there was a detailed explanation of the Buyer and Seller Settlement Statement.

This show provided an overview of Real Estate Finance and discussed different types of promissory notes and other types of financial terms. Also, there was a detailed discussion of the different types of clauses used in financial instruments.

This show provided an overview of the basic concepts of Real Estate Appraisal and discussed issues like the structure of the appraisal process, gathering the necessary data and factors that influence a property appraisal value. Also, there was a discussion of different types of property lots affect the property's value.

This show continued a discussion of real estate financing programs. The show began with a discussion of interest only loans, loans with balloon payments, fully amortized loans and adjustable rate loans. Also, there was a discussion of mortgages and deeds of trust which serve as security instruments of real estate loans.

This show provided an overview of the requirements for obtaining a real estate salespersons or brokers license. Topics such as the difference between the 18 month conditional and four year renewable license were discussed.

This show continued a discussion of Real Estate Financial Institutions. The show opened with a discussion of the Uniform Residential Loan Application and the types of financial information required on the form. Next, there was a discussion of the different types of lenders and the roles they play in the mortgage market. Finally, lending corporations and the secondary mortgage market were covered.

This show provided an overview of Real Estate Financial Institutions and discussed economic cycles, The Federal Reserve and how it controls the money supply and how interest rates affect property values. Also, there was a discussion of shopping for a loan and the steps required for a consumer to obtain a real estate loan. Finally, the Real Estate Settlement Procedures Act (RESPA) and credit scoring were discussed.

This show provided an overview of the different types contracts used in real estate and the importance knowing the details of each contract. The elements of a contract such as capacity, mutual consent, legality, consideration, and proper writing of the contract. Also, there was a brief overview of the Statute of Frauds.

This show continued the discussion of the Statute of Frauds. Eight different ways to discharge a contract were reviewed. Also, remedies for a breach of a contract. There was also a detailed discussion of the "Residential Purchase Agreement and Joint Escrow Instructions". Finally, there was a discussion of Purchase Agreement Addendums, Counter Offers, Seller Disclosures and Option agreements.

This show provided a review of the first portion of the course to help students to prepare for the first midterm exam. Topic discussed were Introduction to Real Estate, Estates, Transfers and Titles, Landlord and Tenant, Encumbrances and Licensing, Education and Association.

This show continued the discussion Escrow and Title Insurance and stressed the importance of the real estate agent being present at the closing escrow appointment. There was a detailed discussion of the Preliminary Title Report and the Statement of Information. Also, there was a brief discussion to CLTA and ALTA title insurance policies. Finally, there was a discussion of the Real Estate Settlement Procedures Act (RESPA).

This show provided an overview of Agency and Its Responsibility. There was a detailed discussion of agent, principal, and third party in a real estate transaction. Also, there was a discussion of the different types of listings and a detailed explanation of the actual listing agreement.