This comprehensive pre-licensing course provides an in-depth exploration of fundamental principles, practices, and laws governing the real estate industry at both national and New Jersey-specific levels. Through detailed examination of key topics, participants will gain a thorough understanding of essential concepts and regulations essential for success in the real estate profession.
Section I: National Principles, Practices, and Laws This section delves into the foundational elements of the real estate business, covering topics such as real estate professions, brokerage, ownership structures, encumbrances, leasing essentials, legal descriptions, contract law, agency relationships, conveyance contracts, market economics, appraisal, finance, investment, taxation, professional practices, closings, licensing, risk management, and property management.
Section II: New Jersey Principles, Practices, and Laws Specifically tailored to the regulatory environment of New Jersey, this section provides detailed insights into the state’s real estate commission, brokerage regulations, agency and business practices, real estate contracts, housing regulations, and other pertinent laws and practices unique to the state.
Throughout the course, learners will engage with case studies, chapter tests, real estate mathematics, practice examinations, and glossaries, ensuring a comprehensive grasp of the material. By the end of the course, participants will be equipped with the knowledge and skills necessary to navigate the complexities of the real estate industry, whether operating nationally or within the regulatory framework of New Jersey.