New Star Real Estate Education

PASS the RE Exam by Memorizing the RE Rules
by Improving Your Memory Capacity
with the Mnemonic Technique.

We teach you how to memorize the Real Estate rules using the mnemonic technique.
What is a mnemonic technique?
Mnemonic techniques help you memorize rules with patterns using acronyms. This technique will help you to store information in your memory. There are many real estate rules you need to remember. With the mnemonic memory technique and studying over 1000 questions that may come up in the State exam, you can pass the State Exam at one time.

Sample Mnemonics

R            S     F           S        P           E        P     F

RICMAS   UII   UII        LCGF    PCEED    SIPA   IIU    Maria

Sample Rules to Remember

Types of Real Estate  (RICMAS)

          .Residential

          .Industrial

          .Commercial

          .Mixed use

          .Agricultural

          Special purpose

 Forces of Supply and Demand (UII)

          Uniqueness of property

Immobility of property

Immobility of Buyer

Factors affecting Supply (LCGF)

          .Labor force availability

          .Construction and material costs

          .Government Control

          .Financial policies

Factors affecting Demand (PDEW)

          .Population

          .Demographics

          .Employment

          .Wage level

Bundle of Legal Rights (PCEED)

•       Right of possession

•       Right to control the property within the framework of the law

•       Right of enjoyment

•       Right of exclusion (keep others from entering or using)

•       Right to disposition (to sell, transfer, dispose of or encumber the property)

Four Economic Characteristics  (SIPA)

          .Scarcity

    .Improvements

          .Permanence of investment

.Area preference

Three Physical characteristics (IIU)

          .Immobility

          .Indestructibility

          .Uniqueness

Legal Tests of a Fixture (MARIA)

          .Method of annexation

          .Adaptability of the item for the land’s ordinary use

          .Relationship of the parties

          .Intention of the person in placing the item on the land

          .Agreement of the parties