Real Estate Exam Cheat Sheet 2026 | Every Formula & Definition You Need to Pass

The ULTIMATE real estate exam cheat sheet! Every formula, ownership type, and concept you need to pass your salesperson license exam in 2026. 🔑 Key Formulas: • Value = NOI ÷ Cap Rate • Cap Rate = NOI ÷ Value • GRM = Sale Price ÷ Gross Rent • LTV = Loan Amount ÷ Value • Equity = Market Value - Loan Balance • Commission = Sale Price × Rate • Daily Proration = Annual Cost ÷ 365 📐 Key Concepts: • Fee Simple Absolute = Highest ownership • Joint Tenancy = TTIP unities • Fair Housing: 7 protected classes (NO exceptions for race/color) 📚 FREE Real Estate Exam Prep: https://open-exam-prep.com/exams/real-estate-salesperson 🎓 Start FREE Practice: https://open-exam-prep.com #RealEstateExam #RealEstateCheatSheet #RealEstateFormulas #RealEstateLicense #ExamPrep2026 #FreeExamPrep #RealEstateAgent ⏱️ Timestamps: 0:00 - Introduction 0:05 - Key Facts & Stats 0:46 - Content Breakdown 1:32 - Hardest Topics 2:21 - Study Strategy & Next Steps