Real Estate Principles - California

• Lesson 1: Introduction to Real Estate
• Lesson 2: Real Estate in California
• Lesson 3: Estates, Transfers, and Titles
• Lesson 4: Encumbrances 
• Lesson 5: Agency and Its Responsibilities
• Lesson 6: Contracts
• Lesson 7: Leasing
• Lesson 8: Escrows and Title Insurance
• Lesson 9: Real Estate Finance, Part 1
• Lesson 10: Real Estate Finance, Part 2
• Lesson 11: Appraisal
• Lesson 12: Subdivisions and Government Control
• Lesson 13: Taxation of Real Estate
• Lesson 14: California Real Estate License Law
• Lesson 15: Real Estate Math, Part 1
• Lesson 16: Real Estate Math, Part 2
• Final Exam

Upon completion of this course, you will be able to:

• Describe the difference between land, real estate, and real property.
• Recognize the difference between real property and personal property.
• Outline the basic features of the metes and bounds survey method.
• Identify and summarize the different estates in land
• Discuss the various types of alienation
• Differentiate between title and deed
• Describe encumbrances, encroachments, and easements
• Recall types of liens
• Describe real estate agency relationships
• Recognize the fiduciary duties the agent owes to the client
• Describe the different types of listings
• List the required elements of a valid contract
• Summarize the contract classifications
• List the common terms and conditions found in sales contracts
• Summarize the types of leasehold estates
• Explain eviction processes
• List the provisions commonly found in lease agreements
• Identify the duties of landlords and tenants under the Uniform Residential Landlord and Tenant Act
• Describe the types of leases used
• Describe escrow accounts and what they contain
• Identify the documents that make up a property's title history
• Describe the elements and processes involved in title searches and title insurance
• Describe promissory notes
• Define amortization
• Discuss loan payments
• Explain how simple interest and amortization work
• Summarize different types of loans
• Discuss the economic indicators and market characteristics of the residential real estate market
• Explain how lenders qualify a borrower for a real estate loan
• Identify and explain the fundamental concepts and terminology used in real estate valuation and appraisal.
• Recognize the valuation principles used in real estate appraisal.
• Apply value theories to arrive at purchase prices of real estate.
• Discuss the purpose for planning and zoning.
• Describe the types of zones that might be established by local ordinances
• Explain the purpose of the federal fair housing laws and identify the protected classes covered by the Fair Housing Act.
• Name the seven activities considered illegal under the fair housing laws.
• Be familiar with the concepts of discrimination/implicit and explicit bias.
• Identify taxing entities
• Describe ad valorem taxation
• Summarize the major provisions of CA license law
• Use equations to calculate interest.
• Explain amortization.
• Apply the principles of prorating

Real Estate Principles

360training.com, Inc.
DRE Sponsor ID# S0656
6504 Bridge Point Parkway, Suite 100, Austin, TX 78730
https://www.360training.com/
PHONE: (877) 881-2235
EMAIL: accreditation@360training.com

TITLE: Real Estate Principles

AUTHOR: This course is authored by the instructional design staff and contracting subject matter experts of 360training.com.

COPYRIGHT DATE: 11/23/2023

PAGES: 1133

EDITION: This is the first online edition of the Real Estate Principles course published by 360training.com, Inc.

COURSE DESCRIPTION: This comprehensive real estate Pre-license course begins with an overview of the California real estate market and the characteristics of land, real estate, real property, and personal property, as well as property ownership, estates in land, and ownership transfer. We explore agency relationships, fiduciary duties, listing agreements, real estate contracts, and leasing. Escrow, deed, title, and real estate financing are also discussed.

This course then examines real estate appraisals, real estate markets, value principles, land use controls, environmental issues, and property taxation. A module covering California real estate license law is also included. The closing module demonstrates how to perform common real estate calculations.

The course includes information obtained from the California Department of Real Estate, California Association of REALTORS® which is where the forms were obtained; the National Association of REALTORS® and information was obtained on the CalVet program from the California Department of Veterans Affairs. We have used the content references from websites including www.dre.ca.gov; www.car.org; www.nar.realtor; www.calvet.ca.gov and others.

COST: $80 for ordering a single course.

COURSE HOURS: 45

DELIVERY METHOD: The correspondence course material and exam will be administered online. Students will be expected to read each lesson and complete the accompanying exercises, chapter assessments and the final exam.

REFUND POLICY: It is very important to us that you are satisfied with your purchase. In the unfortunate event that you are unsatisfied, you may be eligible for a refund, subject to the conditions noted below.

1. Your purchase was made no more than 72 hours prior to your refund request.
2. You have NOT:
   • Attempted any portion of a test or exam
   • Requested or been issued a certificate of completion
   • Completed 50% or more of the purchased course
   • Received notification that training materials or other merchandise have been shipped

If you meet all of these criteria, you must submit your refund request in writing via e-mail to Support@360training.com within 72 hours of your course purchase, along with a receipt evidencing your proof of purchase and an explanation for why you are requesting a refund.

Further, no refund will be issued for:

• Any training materials or merchandise that have been shipped
• Any associated national, state, and local mandated regulatory fees
• Failure to pass quizzes, final exams, or any other in-course assessment requirements within the allotted attempts (per course guidelines)
• Failure to pass identity validation requirements (including validation of state or government identification, security questions or any other required methods, per course guidelines
• Course expirations (per course guidelines)
• Expedited processing or mailing of certificates, training materials or other merchandise once the requested expedite has been fulfilled as promised

Requested refunds that are approved may take up to 10 business days to reflect in your account. Refunds will only be issued to the same payment method used during the initial purchase.

Course Specific Policies
Notwithstanding the foregoing, any course-specific terms, conditions, or policies presented during registration that may be inconsistent with the refund policy specified above, will supersede those listed in this refund policy. If you would like to inquire if there are any specific terms or policies for the course you are looking to purchase, please contact us.

VALIDATION REQUIREMENTS: Our authentication system incorporates a mechanism for preventing fraud by ensuring that the student registered for the course is engaged in the course material. During course enrollment, students create a personal registration profile by entering personal information on a secure page so that the provider may process certification. The required information may include driver’s license number, address, and form of payment. During registration, the system also prompts the user for additional personal validation information used during the course: “How many doors does your vehicle have?” / “How did you renew your driver’s license last?” / etc.

Randomly, the user is prompted with a personal validation question at several points during the course; these questions are based on the answers provided by the student during registration. Additionally, the questions are timed and must be answered correctly for the trainee to proceed with the course. If the question supplied is incorrect, the course is temporarily suspended and the trainee is prompted to call the provider to explain why they failed validation. Their information is verified by a trainer who can then remotely unlock the course to allow the student to proceed with the coursework. If this personal information is not verified, the provider will suspend the student from any further access, refund any tuition payments collected and take the appropriate administrative enforcement actions. This validation sequence is enforced randomly on multiple occasions upon entering, taking and exiting the course.

CORRESPONDENCE COURSE IDENTIFICATION STATEMENT: All participants are required to submit one of the below identifications upon course launch and must use the same information immediately before the final exam to unlock it. The student must also provide a picture of their driver’s license upon course launch.

• A current California driver’s license.
• A current identification card described in Section 13000 of the California Vehicle Code.
• Any identification of the participant issued by a governmental agency or a recognized real estate related trade organization within the immediately preceding five years which bears a photograph, signature and identification number of the participant.

Participants will have 30 seconds to respond to the validation questions in 3 attempts or the course will lock.

COURSE CONTENT / TIME LIMITS: This online course consists of spending a minimum of 45 hours reading and studying the course material, taking the lesson/module quizzes, and passing a final examination. The final examination can be taken a minimum of 18 days from the date the student has had access to the course materials. No two courses can be completed in less than five weeks. Students must spend a minimum of 2.5 weeks studying each course. The maximum time students have to complete a course is one year from the date of registration. If students fail the final examination, they can take an alternate final examination one time. However, students must wait a minimum of another 18 days studying the course materials before they can re-take the final examination. If students fail the final examination two times, they will need to re-enroll in the course and pay the enrollment fee.

FINAL EXAMINATION: The proctored final exam is closed-book and consists of 100 multiple choice questions. Students are allowed 1 hour and 40 minutes to complete the final exam and need to score a minimum of 60% to pass. Internet final exams cannot be printed or downloaded, and the exam will automatically time-out at 1 hour and 40 minutes (or 100 minutes). Under no circumstances shall the final exam be furnished directly to the students.

Please note that the student will have (2) chances to take the final exam.

As required by California Department of Real Estate regulations, if you do not pass the exam on the first attempt, you must wait a minimum of 18 days before you will be allowed to retake the exam.

COURSE COMPLETION CERTIFICATES / RECORDS: Course completion certificates will be issued immediately upon passing the final examination (to be printed by the student). Records of course completion certificates will be maintained indefinitely to allow students to receive a duplicate certificate if needed.

PROBLEMS / COMPLAINTS: Persons seeking to resolve problems or complaints should contact 360training.com, Inc. at the address or telephone number above or visit the https://www.360training.com/support page.

COURSE PROVIDER COMPLAINT STATEMENT: A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in “RE 340” in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, “RE 340A” is also available.

ONLINE EVALUATION STATEMENT: A course and instructor evaluation is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in “RE 318A” in the search box located in the upper right corner of the home page.

DRE DISCLAIMER STATEMENT: This course is approved for statutory/pre-license education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructors, authors, or lecturers.

When Does My Course Expire?

Your course will expire one (1) year after you purchase it (the date you submit payment), unless the course itself indicates otherwise.

For more information about course expiration dates, please read Terms of Use.

How Quickly Will I Get My Certificate of Completion?

Once you finish your course and pass any required exams, you can print your certificate of completion right away.

What Can I Do If I Lose My Certificate?

If you lose your certificate of completion and need a new one, you can contact customer service at (877) 881-2235 or support@360training.com.

What If I Need a Refund for My Training Course?

If for some reason you are not happy and would like a refund, send us a request within 72 hours of purchase. Here are the eligibility requirements you must meet:

• Your purchase was made no more than 72 hours prior to your refund request.
• You have NOT
  • Attempted any portion of a test or exam.
  • Requested or been issued a certificate of completion.
  • Completed 50% or more of the purchased course.

If you meet all of these criteria, submit your refund request in writing via email to support@360training.com with a proof-of-purchase receipt and an explanation for why you are requesting a refund.

You can find more information about our refund policy here.