Features of Michigan Real Estate License Exam Prep (MI-RELEP):

• National Principles & Law Key Point Review (60 pages)
• Real Estate Math Key Formula Review & Practice (20 pages)
• Michigan-Specific Laws and Practices (22 pages)
• National Practice Tests (500 questions)
• Michigan Practice Tests (100 questions)
• Michigan Sample Exam (100 questions)

We know the real estate licensing exam can be tough, and very nerve-wracking to prepare for. That’s why we created Michigan Real Estate License Exam Prep (MI-RELEP) the way we did. Since we have been managing real estate schools and developing curriculum for forty years, we know how all this works – or fails to work.

MI-RELEP is comprehensive in that it contains both key content review and testing practice. And the text review is Michigan-specific – not just simplistic national content, but terse, relevant and accurate Michigan laws and regulations presented as a well-organized set of state ‘key point reviews’ ideal for pre-test memorization. But let’s not dismiss the importance of national content either. MI-RELEP’s national key point reviews are a succinct compression of tested national principles and practices that comprise the national portion of state license exams from coast to coast. Our content is drawn from our own national textbook, Principles of Real Estate Practice – one of the most widely used principles textbooks in the country. Finally, our national content, as well as our question selection, is further tailored to the state testing outline promulgated by PSI for Michigan. Thus the breadth and depth of the law reviews and test questions reflect the topic emphasis of your state’s testing service and your Michigan license exam.

A word about the test questions… MI-RELEP’s testing practice section consists of ten national practice tests, six state practice tests, and one state exam sample test. The practice tests are roughly 50 questions in length and the sample test is 100 questions. The test questions are designed to cover the content covered by the law reviews – which reinforces your learning of the total body of information tested by your state exam. The questions are direct, to the point, and designed to test your understanding. When you have completed a given test, you can check your answers against the answer key in the appendix. You may also note that each question’s answer is accompanied by a brief explanation, or “rationale” to further reinforce your understanding.

In the end, as you know, it’s all up to you. Unlike other publications, we are not going to tell you that using this book will guarantee that you pass your state exam. It still takes hard work and study to pass. But we have done our best here to get you ready. Following that, the most we can do is wish you the best of success in taking and passing your Michigan real estate exam. So good luck!!

Features of Michigan Real Estate License Exam Prep (MI-RELEP):

• National Principles & Law Key Point Review (60 pages)
• Real Estate Math Key Formula Review & Practice (20 pages)
• Michigan-Specific Laws and Practices (22 pages)
• National Practice Tests (500 questions)
• Michigan Practice Tests (100 questions)
• Michigan Sample Exam (100 questions)

We know the real estate licensing exam can be tough, and very nerve-wracking to prepare for. That’s why we created Michigan Real Estate License Exam Prep (MI-RELEP) the way we did. Since we have been managing real estate schools and developing curriculum for forty years, we know how all this works – or fails to work.

MI-RELEP is comprehensive in that it contains both key content review and testing practice. And the text review is Michigan-specific – not just simplistic national content, but terse, relevant and accurate Michigan laws and regulations presented as a well-organized set of state ‘key point reviews’ ideal for pre-test memorization. But let’s not dismiss the importance of national content either. MI-RELEP’s national key point reviews are a succinct compression of tested national principles and practices that comprise the national portion of state license exams from coast to coast. Our content is drawn from our own national textbook, Principles of Real Estate Practice – one of the most widely used principles textbooks in the country. Finally, our national content, as well as our question selection, is further tailored to the state testing outline promulgated by PSI for Michigan. Thus the breadth and depth of the law reviews and test questions reflect the topic emphasis of your state’s testing service and your Michigan license exam.

A word about the test questions… MI-RELEP’s testing practice section consists of ten national practice tests, six state practice tests, and one state exam sample test. The practice tests are roughly 50 questions in length and the sample test is 100 questions. The test questions are designed to cover the content covered by the law reviews – which reinforces your learning of the total body of information tested by your state exam. The questions are direct, to the point, and designed to test your understanding. When you have completed a given test, you can check your answers against the answer key in the appendix. You may also note that each question’s answer is accompanied by a brief explanation, or “rationale” to further reinforce your understanding.

In the end, as you know, it’s all up to you. Unlike other publications, we are not going to tell you that using this book will guarantee that you pass your state exam. It still takes hard work and study to pass. But we have done our best here to get you ready. Following that, the most we can do is wish you the best of success in taking and passing your Michigan real estate exam. So good luck!!

Real Estate Math Express is a concise, easy-to-study test preparation guide to help real estate students improve their real estate math scores to pass the state licensing test. The primary feature of Real Estate Math Express is that it contains all necessary formulas and practice questions in 70+ pages. This enables you to truly cram for the math portion of your state’s licensure test, memorize key formulas, and walk into the exam site having all the essential material in your short-term memory!

So, if you want a truly rapid review resource, Real Estate Math Express is for you. No frills, no lengthy explanations…..just key formulas, definitions, corresponding examples and practice questions.

Real Estate Math Express can be broken down into 3 major parts:

• Math Formulary
• Math Questions
• Answer Key

The math formulary is the section that introduces each major real estate math topic and its corresponding formula(s). Real Estate Math Express covers numerous topics ranging from basic math to capitalization rates to prorations and finally to closing cost calculations.

Once the math formulas have been mastered, there are over 110 sample questions for you to practice with. Each question has both an answer and an explanation of the correct answer at the end of the book.

Real Estate Math Express is a concise, easy-to-study test preparation guide to help real estate students improve their real estate math scores to pass the state licensing test. The primary feature of Real Estate Math Express is that it contains all necessary formulas and practice questions in 70+ pages. This enables you to truly cram for the math portion of your state’s licensure test, memorize key formulas, and walk into the exam site having all the essential material in your short-term memory!

So, if you want a truly rapid review resource, Real Estate Math Express is for you. No frills, no lengthy explanations…..just key formulas, definitions, corresponding examples and practice questions.

Real Estate Math Express can be broken down into 3 major parts:

• Math Formulary
• Math Questions
• Answer Key

The math formulary is the section that introduces each major real estate math topic and its corresponding formula(s). Real Estate Math Express covers numerous topics ranging from basic math to capitalization rates to prorations and finally to closing cost calculations.

Once the math formulas have been mastered, there are over 110 sample questions for you to practice with. Each question has both an answer and an explanation of the correct answer at the end of the book.

Principles of Real Estate Practice in Michigan contains the essentials of the national and Michigan real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Michigan license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide.

The text is tailored to the needs of the pre-license student. It is designed to

– make it easy for students to learn the material and pass their real estate exam

– prepare students for numerous career applications

– stress practical, rather than theoretical, skills and knowledge.

Principles of Real Estate Practice in Michigan is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ many years in real estate education.

Table of Contents

• The Real Estate Business
• Rights in Real Estate
• Interests and Estates
• Ownership
• Encumbrances and Liens
• Transferring and Recording Title to Real Estate
• Real Estate Leases
• Land Use Planning and Control
• Legal Descriptions
• Real Estate Contract Law
• Agency
• Listing Agreements
• The Brokerage Business
• Contracts for the Sale of Real Estate
• Real Estate Market Economics
• Appraising and Estimating Market Value
• Real Estate Finance
• Real Estate Investment
• Real Estate Taxation
• Ethics: Laws and Practices
• Closings
• Real Estate Licensing and Regulation
• Risk Management
• Property Management
• Michigan Licensing Regulation
• Rules Governing Licensees
• Contractual Relationships
• Housing Regulations
• Property-Related Disclosures
• Other Points of Law and Practice
• Glossary of Residential Style and Construction Terms
• Glossary of General Real Estate Terms
• Index

Principles of Real Estate Practice in Michigan contains the essentials of the national and Michigan real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Michigan license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide.

The text is tailored to the needs of the pre-license student. It is designed to

– make it easy for students to learn the material and pass their real estate exam

– prepare students for numerous career applications

– stress practical, rather than theoretical, skills and knowledge.

Principles of Real Estate Practice in Michigan book is streamlined, direct, and to the point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors’ many years in real estate education.

Table of Contents

• The Real Estate Business
• Rights in Real Estate
• Interests and Estates
• Ownership
• Encumbrances and Liens
• Transferring and Recording Title to Real Estate
• Real Estate Leases
• Land Use Planning and Control
• Legal Descriptions
• Real Estate Contract Law
• Agency
• Listing Agreements
• The Brokerage Business
• Contracts for the Sale of Real Estate
• Real Estate Market Economics
• Appraising and Estimating Market Value
• Real Estate Finance
• Real Estate Investment
• Real Estate Taxation
• Ethics: Laws and Practices
• Closings
• Real Estate Licensing and Regulation
• Risk Management
• Property Management
• Michigan Licensing Regulation
• Rules Governing Licensees
• Contractual Relationships
• Housing Regulations
• Property-Related Disclosures
• Other Points of Law and Practice
• Glossary of Residential Style and Construction Terms
• Glossary of General Real Estate Terms
• Index