Real-estate salesperson license (national portion) flashcards

What's in it

Every deck follows the course outline, with tags you can study or suspend topic by topic. Open a deck to study its free sample right here.

Study guide

Topics covered

The decks follow the order of the course outline. Numbers are cards per topic.

• Real vs Personal Property 9
• Bundle of Rights & Estates 10
• Leaseholds 11
• Co-ownership 10
• Entities & Shared Ownership 6
• Legal Descriptions 11
• Encumbrances 13
• Government Powers 7
• Zoning & Land Use 7
• Water Rights 5
• Environmental Issues 6
• Agency Relationships 13
• Fiduciary Duties 10
• Listing Agreements 8
• Contract Law 12
• Sales Contract Provisions 9
• Deeds & Title 13
• Closing & RESPA 9
• Fair Housing 15
• Antitrust 4
• Advertising & Disclosure 5
• Mortgage Instruments 10
• Loan Types 9
• Loan Costs & Qualifying 9
• Foreclosure 6
• Secondary Market 3
• Lending Laws 4
• Appraisal Principles 10
• Sales Comparison Approach 5
• Cost Approach 9
• Income Approach 5
• Real Estate Math 27

A study plan

• 11 new cards a day covers everything in a month, leaving the last weeks for review.
• 6 new cards a day covers everything in two months, leaving the last weeks for review.
• 5 new cards a day covers everything in three months, leaving the last weeks for review.

Willys schedules reviews for you (FSRS spaced repetition), so the daily number above is only for new cards; reviews of what you have learned come back on their own. Study a topic's cards right after you meet it in class, suspend topics you have not reached yet, and use the app's quiz mode in the final two weeks.

How to get these decks

1. Install Willys on your iPhone, iPad or Mac — App Store. 14-day free trial, then $14.99 a year.
2. In Willys, tap Exam Library at the top of your Decks (or Browse Exam Library… under the + button), find the exam on its shelf or by search, tick it and tap Add.
3. Study. The exam comes in as its own collapsible folder, every card scheduled by FSRS spaced repetition. Nothing you already have is changed.

About these cards

Review status: Second-reader reviewed, with corrections applied.

Checked against:

• Checked against the U.S. EPA/HUD lead-based paint disclosure rule (24 CFR Part 35 / 40 CFR Part 745), EPA radon and asbestos guidance, and CERCLA (42 U.S.C. 9601 et seq.); public domain U.S. government sources.
• Checked against the BLM Manual of Surveying Instructions for the Public Land Survey System (public domain). General real estate principles written from author knowledge; no textbook or question-bank text copied.
• Checked against the Fair Housing Act (42 U.S.C. 3601 et seq.), HUD fair housing regulations (24 CFR Part 100), RESPA and Regulation X (12 CFR Part 1024), the TILA-RESPA Integrated Disclosure rule (12 CFR 1026.19), the Sherman Act (15 U.S.C. 1) and ADA Title III; public domain U.S. government sources.
• General agency, contract and conveyancing principles written from author knowledge; no textbook or question-bank text copied.
• Buyer-agency and compensation cards reflect the NAR settlement practice changes effective 17 August 2024; the assistance-animal card reflects HUD FHEO's May 2026 enforcement memo.
• Checked against the Truth in Lending Act and Regulation Z (12 CFR Part 1026), the Equal Credit Opportunity Act and Regulation B (12 CFR Part 1002), and the Homeowners Protection Act (12 U.S.C. 4901 et seq.); public domain U.S. government sources.
• VA home loan guaranty checked against 38 U.S.C. 3702, 3703 and 3729 and VA.gov's purchase-loan and Certificate of Eligibility pages; the market value definition against the interagency definition in 12 CFR 34.42(h); checked 2026-10-13; public domain U.S. government sources.
• Appraisal concepts checked against general USPAP terminology; all worked math computed by the author. No textbook or question-bank text copied.
• Checked against the Fair Housing Act (42 U.S.C. 3601 et seq.), HUD fair housing regulations (24 CFR Part 100), RESPA and Regulation X (12 CFR Part 1024), the TILA-RESPA Integrated Disclosure rule (12 CFR 1026.19), the Truth in Lending Act and Regulation Z (12 CFR Part 1026) and the Homeowners Protection Act (12 U.S.C. 4901 et seq.); public domain U.S. government sources.
• Rectangular survey items checked against the BLM Manual of Surveying Instructions for the Public Land Survey System (public domain); appraisal concepts against general USPAP terminology. All worked math computed by the author with hypothetical numbers.
• Original questions written for this deck; no official exam, textbook or question-bank items were copied. National principles only: state license law and other state-specific rules are excluded, and proration conventions are stated in each question.
• Buyer-agency and compensation questions reflect the NAR settlement practice changes effective 17 August 2024; the assistance-animal question reflects HUD FHEO's May 2026 enforcement memo.

These are independent study notes written for Willys. They are not official exam material, may contain mistakes, and are no substitute for your course, your teacher or the exam owner's own publications. Found an error? Tell us — corrections ship as a new version of the deck.

Not legal advice. These cards cover the national portion of the exam only. State law and your state's exam content are not included; check your state's licensing authority.

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