Like Crime, Property is such a big subject that it's hard to predict what will be tested across the many MBE questions dedicated to the subject. Expect to see a fair amount of questions about land sale contracts, conveyances, and mortgages.
In particular, expect a lot of questions concerning recording statutes. We noticed that the estates system is not tested as much as we anticipated (that's a good thing, right?). But there will be at least a couple of questions, so you can't just ignore estates. Landlord-tenant law will certainly come up as well. A few specific issues to note: