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The 3rd Edition of this popular, user-friendly textbook is designed to help anyone interested in becoming a California real estate salesperson or broker acquire the knowledge of real estate that they will need to pass the required real estate examination. Special features of this text include: • More than 600 questions of the type used on California salesperson and broker examinations are included. These questions come at the end of each chapter and in the 150-question practice examination. Rather than merely indicating which of the possible answers is correct, a detailed answer to each question is presented, allowing the reader to assess his or her strengths and weaknesses — and to hone test-taking skills — before exam day. • Keywords used in each chapter are listed at the end of each chapter, and each of these important keywords is defined in the extensive glossary. • Many helpful figures and tables are presented throughout the book to assist readers in visualiz