The elements that make an agreement enforceable and the vocabulary the exam uses to test them, what happens when someone does not perform and what remedies follow, the sales contract from offer to acceptance to equitable title, how agency is created and terminated and what the fiduciary duties actually require, the listing agreements and how compensation is negotiated after the 2024 practice changes, and the fair housing law that a licensee breaks most easily by being helpful.
Score 80% or higher to earn a certificate.
Areas IV and V of the national outline, the two largest on the exam at 26 of the 80 scored questions between them. Contract law and agency disclosure are heavily state-specific: the forms, the required disclosure timing and whether dual agency is permitted at all are set where you are licensed.