Call Us 1-800-727-7104
Call Us 1-800-727-7104

Principles of Real Estate II | Texas Approval #122 Exam


30 Hour | Text Course | Instructor:  Kaplan University
Learn the fundamentals of being a licensed real estate agent with this course, which is the second part of a two-course series.  In this follow-up to Principles I, you will continue learning foundational real estate principles.

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TX Principles of Real Estate II



Course Description

The course provides a comprehensive overview of real estate principles. This is the second part of a two-course series detailing the fundamental learnings of being a licensed real estate agent. In this follow-up to Principles I, you’ll continue learning foundational real estate principles.

1. Real Estate Math

  • Key Terms/Overview
  • Calculations
  • Fractions and Percentages
  • Profit and Interest
  • Amortization, Loan Discounts and Prorating
  • Property Taxes and Insurance Premiums
  • Measurements

2. Real Estate Appraisal

  • Texas Requirements to Become an Appraiser
  • Key Appraisal
  • Appraising and the Appraisal Process
  • Value
  • Three Approaches to Value
  • Pricing a Property

3. Real Estate Financing Principles

  • Sources of Real Estate Financing
  • Mortgage Market
  • Application for Credit
  • Payment Plans
  • Conventional, FHA and VA Loans
  • Texas Loan Programs
  • Government Influence in Mortgage Lending
  • Other Financing Techniques
  • Financing Legislation

4. Control of Land Use

  • Land – Use Controls
  • Public Ownership
  • Interstate Land Sales Full Disclosure Act
  • Environmental Protection Legislation

5. Specializations

  • Leases
  • Property Management
  • Resort
  • Investment
  • Land
  • Farm/Ranch
  • REO
  • Short Sale
  • Auction
  • Foreclosure
  • Residential
  • Commercial
  • Competency Policy/Scope of Authority

6. Real Estate Investments

  • Investing in Real Estate
  • The Investment
  • The Benefits
  • Real Estate Investment Syndicates
  • Real Estate Investment Trusts
  • Real Estate Mortgage Investment Conduits

7. Leases

  • Leasing Real Estate
  • Leasehold Estates
  • Common Lease Provisions
  • Landlord and Tenant Act
  • Types of Leases

8. Property Management

  • Property Management
  • Management Considerations
  • The Management Profession

9. Estates, Transfers and Titles

  • Deeds
  • Titles
  • Public Records, Recording and Acknowledgment
  • Evidence of Title
  • Acquisition and Transfers
  • Estate Ownership
  • Transfer of a Decedent's Property
  • Voluntary Alienation
  • Involuntary Alienation

10. Closing Procedures/Closing the Real Estate Transaction

  • Pre-Closing Procedures/Closing the Transaction
  • Conducting the Closing
  • RESPA/Uniform Settlement Statement
  • Preparation of Closing Statements

Course instructors will be available by email or telephone between 8am and 6pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance, Privacy and Refund Policy).

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