Courses included in package:

• Real Property Ownership and Land Use
• Fair Housing
• Environmental Hazards
• MI CE Laws, Rules

Real Property Ownership & Land Use
The objective of this course is to impress the meaning of real property ownership and the difference between real estate and personal property on the student. Although these terms are commonly used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers.

Fair Housing
This course covers broad issues on fair housing laws. Specifically, the student will learn: what fair housing laws exist, what classes of individuals are covered under these laws, how discrimination is defined in real estate, how can one avoid discriminating practices, and what the consequences are for non-compliance with fair housing laws.

Environmental Hazards
This module covers major environmental hazards. The objective of this module is to familiarize licensees with environmental issues since they have a responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a property’s value, so buyers, sellers, lenders and licensees all can be affected by them.

Michigan CE Laws, Rules, & Court Cases
This module covers Michigan’s real estate license law and regulatory information. In particular it will look at the state occupational code and general rules of the Occupational Board. Additionally, it will delve into regulatory acts such as the Seller Disclosure Act and inspection issues.

Approved Course Number(s):

• L3409
• L3407
• L5161

Courses included in package:

• Liens, Taxes, and Foreclosures
• Fair Housing
• Contracts, Purchases, and Sales Agreements

Liens, Taxes & Foreclosures
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.

Fair Housing
This course covers broad issues on fair housing laws. Specifically, the student will learn: what fair housing laws exist, what classes of individuals are covered under these laws, how discrimination is defined in real estate, how can one avoid discriminating practices, and what the consequences are for non-compliance with fair housing laws.

Contracts Purchase & Sales Agreements
In this module, the student will learn about the types of general contracts as well as the different kinds of real estate contracts. The module begins by providing the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds.

Approved Course Number(s):

• L3406

Courses included in package:

• MI CE Laws, Rules, & Court Cases
• Liens, Taxes, & Foreclosures

Michigan CE Laws, Rules, & Court Cases
This module covers Michigan’s real estate license law and regulatory information. In particular it will look at the state occupational code and general rules of the Occupational Board. Additionally, it will delve into regulatory acts such as the Seller Disclosure Act and inspection issues.

Liens, Taxes & Foreclosures
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.

Approved Course Number(s):

• L5161