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...

Page 1: Principles of Real Estate II - TexasPRINS2-0 (06/20/2016) Texas Real Estate Commission P.O. Box 12188 Austin, TX 78711-2188 512-936-3000. Real Estate Financing Principles

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

Page 2: Principles of Real Estate II - TexasPRINS2-0 (06/20/2016) Texas Real Estate Commission P.O. Box 12188 Austin, TX 78711-2188 512-936-3000. Real Estate Financing Principles

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

Page 3: Principles of Real Estate II - TexasPRINS2-0 (06/20/2016) Texas Real Estate Commission P.O. Box 12188 Austin, TX 78711-2188 512-936-3000. Real Estate Financing Principles

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