Test Drive/Lesson One | Introduction

  Terms

  Learning Objectives

Upon completion of Test Drive, you should be able to:

•  List the different types of listing contracts;
•  Describe the basic anatomy of a standard listing form;
•  Describe the Doctrine of Agreed Boundary;
•  List the various security devices used in most real estate transactions;
•  Describe the transfer of title "subject to" the existing loan;
•  Describe current anti-deficiency legislation;
•  Calculate payment schedules and balance at maturity;
•  Describe California's laws relating to prepayment penalties.

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