Overview
Real Life Real Estate: Arizona Agency Law This course explains how agency is created and defines the various agency relationships that exist. Learn how to discern the differences between the real estate licensees’ fiduciary duties to clients and their six general duties to customers. Meets 3 hour mandatory Agency Law Requirement.
Deeds As one of the most common instruments of title conveyance all real estate professionals need a clear understanding of how and when to use deeds. This course teaches you the differences between titles and deeds, types of deeds, as well as what is required and when to use them. Meets 3 hour mandatory Fair Housing requirement.
Real Estate Appraisal This course covers the theories, rules, duties and activities that guide the real estate appraisal process. An appraiser must also conduct him or herself professionally, ethically and honestly. There are guidelines regarding professionally and ethically correct behavior of appraisers as well which are also covered by this course. The entire appraisal process should be carried out in the best possible way for consumers and licensees as well as the real estate market.
Arizona Ethics This module is designed as a 3-hour course to educate students on ethics in the real estate industry and to better understand the NAR® Code of Ethics, its enforcement procedures, and practical use of the guidelines set forth therein. The student must pass a comprehensive final exam to receive credit for the module. Because real estate agents usually work and specialize in local communities, they tend to build rapport very quickly. To build reputable associations, agents should win the trust and respect of the people they work with by adhering to the highest morals and ethical practices, thus ensuring client loyalty.
Arizona Contract Law This course covers Arizona real estate purchase contracts, standards, regulation forms as well as various other elements of a contract. In addition this course covers your role, rights and obligations as a licensee/broker as well as those of your clients. Learn how to fill out and explain one of the most common contracts and the answers to frequently asked questions. Meets 3 hour mandatory Contract Law requirement.
Real Life Real Estate: Disclosure Issues This course provides detailed information regarding laws and regulations governing disclosure requirements for the Licensee, the Buyer, and the Seller in residential real estate transactions in the state of Arizona. It will address new disclosure laws that have come into effect recently, and legal precedent that further underscores the need for full and proper disclosure by all parties. This course will also examine some very common “real life real estate” disclosure dilemmas, and offer expert advice on how to handle them. We will also review what the Arizona Department of Real Estate requires to be disclosed by licensees and brokers, as well as some of the accepted disclosure forms provided by the Arizona Association of Realtors. Property Management This module covers the basic functions of the property manager, including administrative duties, leasing practices, and the manager’s relations to the owner and the tenants. It explains how to construct a management agreement so that the manager and the owner understand one another’s roles. Licensees will benefit from understanding the types of property management, as well as the duties that successful property managers must fulfill.
Titles and Records This course provides an understanding of the process of recording, types of public records and the difference between titles and deeds. Essential knowledge which helps avoids complications concerning property ownership rights. Meets 3 hour mandatory Real Estate Legal Issues requirement.
Commissioners Rules This course provides detailed information on the laws and regulations governing the real estate industry in Arizona. It provides a comparison of different governmental and industry regulations, as well as the most recent changes in the Commissioner’s Substantive Policy Statements. Meets 3 hour Commissioner’s Standards requirement.
Course Outline
•Arizona Ethics (3 hours) •Agency Law (3 hours) •Deeds (3 hours) •Arizona Contract Law (3 hours) •Disclosures (3 hours) •Titles and Records (3 hours) •Property Management (3 hours) •Commissioner’s Rules (3 hours)