Principles of Real Estate II - TexasPRINS2-0 (06/20/2016) Texas Real Estate Commission P.O. Box...
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PRINS2-0 (06/20/2016) Texas Real Estate Commission P.O. Box 12188 Austin, TX 78711-2188 512-936-3000 Real Estate Financing Principles Finance & regulations Suggested Length of Unit(min.) Three Approaches to Value 30 Name of Text or Workbook and Author On Page # Title of Course Provider Name QUALIFYING REAL ESTATE COURSE APPROVAL FORM PRINCIPLES OF REAL ESTATE II(30 hour course) Length of Course 30 hours FOR TREC USE ONLY Real Estate Math included Not included Comments Key Terms/Overview 10 Calculators 25 Fractions & Percentages Profit & Interest 40 40 Real Estate Appraisal Appraisal Appraising & The Appraisal Process Value 40 45 Key Appraisal Terms Texas Requirements to Become an Appraiser 25 40 Pricing a Property 20 Amortization, Loan Discounts & Prorating 50 SUBTOTAL 200 Real estate mathematics Property Taxes & Insurance Premiums Measurements 15 20 200 SUBTOTAL 25 Application for Credit Mortgage Market 30 20 Sources of Real Estate Financing Payment Plans 30 30 Conventional, FHA & VA Loans Texas Loan Programs 25 15 Govt. Infulence in Mortgage Lending Other Financing Techniques 20 15 Financing Legislation 210 SUBTOTAL
Transcript of Principles of Real Estate II - TexasPRINS2-0 (06/20/2016) Texas Real Estate Commission P.O. Box...
PRINS2-0 (06/20/2016)
Texas Real Estate Commission P.O. Box 12188
Austin, TX 78711-2188 512-936-3000
Real Estate Financing Principles Finance & regulations
Suggested Length of Unit(min.)
Three Approaches to Value 30
Name of Text or Workbook and Author
On Page #
Title of Course
Provider Name
QUALIFYING REAL ESTATE COURSE APPROVAL FORM PRINCIPLES OF REAL ESTATE II(30 hour course)
Length of Course 30 hours
FOR TREC USE ONLY
Real Estate Math included Not
included Comments
Key Terms/Overview 10
Calculators 25
Fractions & Percentages
Profit & Interest
40
40
Real Estate Appraisal Appraisal
Appraising & The Appraisal Process
Value
40
45
Key Appraisal Terms
Texas Requirements to Become an Appraiser
25
40
Pricing a Property
20
Amortization, Loan Discounts & Prorating 50
SUBTOTAL 200
Real estate mathematics
Property Taxes & Insurance PremiumsMeasurements 15
20
200SUBTOTAL
25Application for Credit
Mortgage Market 30
20Sources of Real Estate Financing
Payment Plans 30
30Conventional, FHA & VA Loans
Texas Loan Programs 25
15Govt. Infulence in Mortgage Lending
Other Financing Techniques 20
15Financing Legislation210SUBTOTAL
PRINS2-0 (06/20/2016)
Real Estate Investments Titles to and conveyance of real estate; finance and regulation
20
Resort
Auction
Specializations Licensing as a broker or salesperson
Principles of Real Estate II-Qualifying Real Estate Approval Form
On Page #
Suggested Length of Unit(min.)
FOR TREC USE ONLY
included Not
included Comments
Leases
Property Management
20
15
Land
Short Sale
Residential
Foreclosure
Investing in Real Estate
Farm/Ranch
25
50
15
Investment
REO
SUBTOTAL
Commercial
Competency policy/scope of authority
The Investment
Real Estate Investment Syndicates
Real Estate Investment Trusts
Leasing Real Estate
Leasehold Estates
Interstate Land Sales Full Disclosure Act
25Environmental Protection Legislation
25
Real Estate Mortgage Investment Conduits
The Benefits
Control of Land Use Finance & regulations
40Land-Use Controls
25Public Ownership
Landlord & Tenant Act
Common Lease Provisions
95SUBTOTAL
115SUBTOTAL
15
Leases Titles to and conveyance of real estate
Types of Leases 20
15
20
20
20
110SUBTOTAL
PRINS2-0 (06/20/2016)
Closing Procedures/Closing the Real Estate Transaction Closing Procedures
Estates, Transfers and Titles Titles & Conveyance of real estate; deed, encumbrances and liens
On Page #
Principles of Real Estate II-Qualifying Real Estate Approval Form FOR TREC USE ONLY
included Not
included Comments
15Title
20
Evidence of Title
20
Public Records, Recording & Acknowledgment
45
65Preparation of Closing Statements
Conducting the Closing
Property Management Licensing as a broker or salesperson; Ethics of practice as a license holder
20Deeds
15
Acquisitions & Transfers
20
Estate ownership
Transfer of a Decedent's Property
20
Voluntary Alienation
45
25
Involuntary Alienation
40RESPA/Uniform Settlement Statement
Pre-Closing Procedures/Closing the Transaction 50
50
30120SUBTOTAL
The Management Profession
Management Considerations
Property Management
40
Suggested Length of
Unit (min.)
TOTAL MINUTES 1500
200SUBTOTAL
200SUBTOTAL
