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You have made the decision to become a licensed real estate professional. Congratulations! Real estate is an exciting and rewarding career choice, and preparing for the licensing exam is your first step toward reaching your goals. Here's the problem: the latest findings show that less than half of those who take the real estate licensing exam pass the test the first time. However, this ultimate study guide can make sure you nail the exam with no sweat. Put away the color-coded notecards and messy folders. Not only will this definitive guide give you practical advice on how to prepare and make your way to the exam, but we packed this book with easy-to-understand definitions, clear examples, and practice tests with helpful answer keys. Need to jump to a definition quickly? No worries; our in-depth glossary will have all the information you need. Subjects covered include the following: Real estate legal issues Encumbrances Real estate law Financing Leasing Escrow accounts Contracts and legal documents including leases, taxes and taxation Real estate math, terms, and definitions So much more Don't be on the losing end of the statistic; you can pass your real estate license exam, and you can do it on your first try.