Chapter 27

Ten Things to Find Out from Your State’s Real Estate Law

IN THIS CHAPTER

Bullet Finding out about agency, fair housing, and license laws

Bullet Checking out rules regarding land use, money, property, and rentals

Bullet Getting the scoop on various ownership issues

Licenses for real estate brokers and salespersons are granted by each state. The problem that creates in writing a book about taking the real estate license exam is that every state has its own laws governing real estate procedures, practices, and license law. Enough factors don’t vary from state to state to fill an exam review book, which, of course, is what you’re reading right now. On the other hand, some space inevitably must be devoted to information that may be specific to each state.

This chapter gives you a list of issues (in alphabetical order) that you need to find out about in your own state before you take the real estate exam. I touch on ten categories of subjects that you need to research. For more information on the general subject matter, you can consult the chapter on that particular issue. (Fear not — I provide handy cross-references for you. Now that’s service!)

The two things I need to warn you about are the ...

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