THINKING OF EXPANDING YOUR HORIZONS?

               THINKING OF A CAREER CAPABLE OF

                   MULTIPLE STREAMS OF INCOME?

                                       THEN

  THINK ABOUT BECOMING A REAL ESTATE LICENSEE!!

                          A WONDERFUL WORLD

                                         OF

                     FINANCIAL POSSIBILITIES!!

Twenty years from now you will be more disappointed

by the things that you didn't do than by the ones you

did do.

So throw off the bowlines. Sail away from the safe

harbor. Catch the trade winds in your sails.

Explore, dream and discover the amazing world of real

estate.

Adler, Toro and Associates School of Real Estate's vast

experience in the industry will prepare you for your

extraordinary journey.

           HAVE YOU EVER WONDER 

   WHAT IS ON A REAL ESTATE EXAM?

Real estate exams cover several competencies and key

concepts. Licenses are issued at the state level, so each

state has the authority to create and administer its own

test. Each real estate exam has a general section and a

state-specific section. Exam questions are multiple

choice. A state's real estate commission may change

the exam questions and layout periodically to deter

test-takers from cheating.

                   PROPERTY

The real estate exam covers a variety of concepts

related to property. The exam covers property classes,

types of property ownership and property transfer

rules. The exam covers land use regulations, including

government rights as well as private and public

controls. Candidates must know land characteristics

and the various legal descriptions of property.

       REAL ESTATE REGULATIONS

A portion of the real estate exam is dedicated to federal

laws that govern real estate practices. Candidates must

have knowledge of fair housing and fair credit laws as

well as landlord-tenant laws. This portion also covers

ethical issues related to brokers, agents and other real

estate professionals.

                         MATH

The real estate exam covers real estate calculations

and various mathematics concepts. License candidates

must understand how to calculate property taxes as

well as how to make general lending calculations. Other

real estate calculations include calculations for

mortgages and property values.

                    FINANCING

Licensed agents must possess a general knowledge of

real estate finance concepts. The exam tests the

candidate's knowledge of different types of real estate

loans and the different sources of loans. The exam also

covers various government programs, mortgages and

credit laws.

         REAL ESTATE VALUATION

License candidates must understand real estate

valuation and the different methods of estimating real

estate value. The exam covers competitive market analysis as well as which transactions require property appraisals.

      CONTRACTS AND DISCLOSURES

The real estate exam covers contractual relationships

between buyers and sellers. Candidates must have

knowledge of general contract law. Candidates must

possess property-specific contract knowledge including

purchase agreements, lease agreements, counteroffers

and rescissions. Further, the exam covers numerous

real estate disclosures such as material facts and

property condition disclosures.

                STATE SPECIFIC

A portion of the real estate exam is dedicated to state-

specific statutes and regulations. The state-specific

portion covers licensing requirements as well as

continuing education, license renewal and transfer

rules as required by the New Jersey Real Estate

Commission. This portion also covers state laws

governing licensee activities and state-specific real

estate laws such as property ownership and transfer

rules, landlord-tenant laws, fair housing rules and

other state-specific disclosures.

       ADLER, TORO AND YOU, PERFECT TOGETHER

                          CONTACT SAMANTHA

                        1 - 973 - 839 - 1112

                                 OR

                    1 - 201 - 546 - 7154