| 3 | Real Property Characteristics | 3 | National: fixtures, legal descriptions, land use | | 4 | Ownership and Title | 2 | National: ownership forms, deeds, title insurance | | 5 | Property Value and Appraisal | 1 | National: 3 approaches to value, depreciation | | 6 | Contracts | 2 | National: CALCO elements, PSA, contingencies | | 7 | Real Estate Practice | 1 | National: antitrust, MLS, property management | | 8 | Financing and Settlement | 1 | National: loan types, RESPA, TILA | | 9 | Real Estate Math | 1 | National + TN: commission, proration, deed/mortgage tax |

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