COMPLETE Michigan Real Estate Continuing Education Package #2

$119.00

18 credit hours | Online HD Video Courses | No Tests | Includes 8 hours of Legal Updates

  • 2 Hour Legal Updates 2018 Laws and Rules Update
  • 2 Hour Legal Updates 2018 Real Estate Case Law
  • 2 Hour Legal Updates 2018 Federal Real Estate Laws Update
  • 2 Hour Real Estate Taxes
  • 3 Hour Intro to Property Management and the Accidental Commercial Agent
  • 3 Hour Drones In Real Estate
  • 4 Hour Cultural Intelligence
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Description

PACKAGE DETAILS:

 


2018 Laws and Rules Update


Course Description

The purpose of this course is to address the most recent regulatory rules and regulations that pertain to the real estate industry in Michigan. It will provide an understanding and working knowledge of a license holder’s responsibilities and obligations related to rule changes, requirements, duties, violations and agency. This course sets out specific requirements and best practices.

After completing this course participants will be able to:

  • Understand the history behind and the current position of dower laws in Michigan
  • Outline the most recent changes in MI Occupational law, Brownfield redevelopment, and Corporations Online Filing System
  • Be aware of pending legislation
  • Gain a better understanding of agency disclosure

MI 2018 Laws and Rules Update

Lesson 1

1. Dower
2. Occupational Code Changes

Lesson 2

1. Occupational Code Changes cont.

Lesson 3

1. Occupational Code Changes cont.
2. Unlicensed Real Estate Practitioners
3. Michigan Thrive Law

Lesson 4

1. Principal Residence Forms
2. Good Jobs for Michigan
3. New Corporations Online Filing System
4. Pending Legislation

Lesson 5

1. Agency
2. Fiduciary
3. Types of Agency
4. Disclosure

Lesson 6

1. Vicarious Liability
2. Designated Agency

 


2018 Real Estate Case Law


Course Description

Studying case law is an effective way to see how the law plays out in the real world. These Michigan specific cases address issues that are of importance to real estate professionals, including valuation, principal residence exemptions, inverse condemnation, contract law, adverse possession and property management.

After completing this course participants will be able to:

  • Understand some long-standing principals of law that are of importance to property owners and real estate professionals
  • Understand case law and how it pertains to a specific legal issue
  • Correlate legal standards to the practice of real estate

MI 2018 Real Estate Case Law

Lesson 1

1. Assessor Valuation
2. Menards vs. City of Escanaba

Lesson 2

1. Principal Residence Exemption
2. Contract Law
3. Inverse Condemnation

Lesson 3

1. Recording
2. Municipal Regulations and Annexation
3. Adverse Possession

Lesson 4

1. Property Management
2. Variances
3. Practicing Safe Real Estate


2018 Federal Real Estate Laws Update


Course Description

The purpose of this course is to address the most recent federal laws that pertain to the real estate industry. It will provide an understanding and working knowledge of federal legislation that impacts the practice of real estate.

After completing this course participants will be able to:

  • Outline the history of, and the impact of the Clean Water Act
  • Be aware of how the Americans with Disabilities Act relates to property management
  • Gain a better understanding of tax related legislation
  • Recall the most important aspects of Fair Housing, disclosure, and consumer protection laws as they relate to real property

MI 2018 Federal Real Estate Laws Update

Lesson 1

1. Federal Court System
2. Clean Water Act
3. Cases

Lesson 2

1. Clean Water Act Case
2. Americans with Disabilities Act
3. Service and Emotional Support Animals

Lesson 3

1. Tax Cuts and Jobs Act
2. Fair Housing Cases
3. Property Condition Disclosure
4. Cases
4. RESPA Cases
5. Independent Contract Status
6. Income Tax Changes

Lesson 4

1. Integrated Disclosure
2. Best Practices

Lesson 5

1. Lead Paint Disclosure
2. Cases
3. FAQs


Taxes


COURSE SYLLABUS

Course Description

It is important to realize understanding tax laws is an integral part of running a successful real estate business. The ramifications of ignorance or inaccuracy in recordkeeping, tax responsibilities, or employer/employee relationships are severe and will bring a business down in short order. There are also many aspects of real property ownership, including depreciation, deductions, exchanges and more, that will greatly affect whether a business thrives or dies. Any real estate professional who plans to run their own business should be aware of the benefits, pitfalls, and requirements surrounding property related taxes.

After completing this course participants will be able to:

  • Recognize the benefits of real property ownership, as well as 1031 exchanges, depreciation, and loss.
  • Understand the tax responsibilities, hiring provisions and recordkeeping requirements of an employer.
  • Be able to outline the specifics of real property indebtedness.

 TAXES

Lesson 1

1. Tax Liabilities
2. Employment Taxes

a. Social Security
b. Medicare
c. FUTA

3. Hiring
4. Documentation
5. Reporting and Depositing
6. Penalties
7. Expenses

Lesson 2 

1. Taxable Income
2. Home Office
3. Recordkeeping
4. Accounting
5. Income Benefits of Property Ownership

Lesson 3

1. Deductible Items
2. Gains
3. Self-Directed IRAs

Lesson 4 

1. Partial Sales or Condemnations
2. Depreciation
3. Passive Loss
4. Section 1031 Exchanges
5. Indebtedness
6. Case Studies

Final Assessment 


 

INTRO TO PROPERTY MANAGEMENT
AND THE ACCIDENTAL COMMERCIAL AGENT


COURSE SYLLABUS

Course Description

Property Management. Are you ready to take the plunge into the world of property management? Perhaps you have been on the leasing side of the business and have been presented opportunities to manage the property you have leased, or your investor clients desperately require the skills of a property manager to handle their portfolio. Maybe you just see the cash flow potential of managing a property and want to get on board with this flow. Whatever the reason, this course will outline the property management business.

The Accidental Commercial Agent. As agents and brokers, we grow our business and knowledge in steps. Perhaps we start our career with a mentor or as an administrative member of an instructional team. Maybe we start with rentals, then work with buyers while moving up to sales until we gain the confidence and the clients to extend into the commercial realm. If this describes you, then this course is for you. It will provide the agent with a basic working knowledge of the commercial environment; the practices, customs and ethical considerations therein.

After completing this course in its entirety, participants will be able to:

  • Discuss the services and expectations that the property manager provides the landlord and the tenant.
  • Outline ethical considerations for the conduct and operation of a property management business.
  • To provide the agent with a basic working knowledge with the types and terms commonly discussed and used in commercial real estate.
  • To discuss and analyze ethical considerations in the commercial practice and how to incorporate these ethical considerations into a best practices doctrine and business model.

PROPERTY MANAGEMENT

Lesson 1 

Property Manager Definition
Property Owner Services
Property Manager Role
Management Contract

Lesson 2 

Property Types
Contract Elements
Tenant and Owner Relations
Rental Application

Lesson 3 

Applicant Approval
Security Deposits
Knowing the Owners
Regulatory Environment

Lesson 4 

Fair Housing
Ethical Considerations and Best Practices

THE ACCIDENTAL COMMERCIAL AGENT

Lesson 1 

Introduction
Residential vs. Commercial
Property Types
Commercial Entry Points
Agent Representation

Lesson 2 

Commissions
Leasing Terms and Types

Lesson 3 

Clauses in a Lease
CAP Rate
Ethical Considerations

 

Drones in Real Estate


Course Description

Drones are the new tool companies are raving about for their marketing and personal use. There are many potential uses for drones in the real estate industry, but there are rules and regulations set in place that currently don’t allow them. So why should you care? Because you need to stay up to date with technology and ahead of the competition. This course is designed to familiarize business owners with the practical use of drone technology. The following topics will be discussed:

►Types of UAV/Drone Technology

 Federal Rules and Regulations associated with UAVs

► Cost of Drones (Pros and Cons)

► Drones in your Industry (overview)

► Acquiring Images

Upon completion of this course, participants will:

  • Become knowledgeable about available technology and proper use of drones.
  • Learn the basics of aerial survey and mapping.
  • Explain the FAA application process for an FAA 333 Exemption.
  • Learn the benefits of UAV application in marketing and advertising.

DRONES IN REAL ESTATE

Overview 

1. Introduction
2. Types
3. Overhead Imagery

Types of Drones 

1. Large Platform
2. Most Popular
3. First Person View
4. Considerations

Federal Rules and Regulations 

1. Drone Act
2. FAA 333 Exemption
3. Minimum Requirements
4. FAA Recommendations

Costs 

1. More FAA Recommendations
2. How Drones can Help
3. Realistic Costs of Drones

Industry Uses 

1. Agriculture
2. Utility
3. GIS
4.  Construction
5. Excavation
6. Pros and Cons

Surveying and Mapping 

1. New Technology
2. Real Estate
3. Architects
4. Construction
5. Surveying
6. Placement of Materials
7. Site Access

Measuring and Scanning 

1. Measuring Stockpiles
2. Roof Inspections
3. Thermal/Infra-red

Marketing and Advertising 

1. Real Estate
2. Resort and Hotel
3. Banners
4. Brand Awareness

Security 

1. FCC Rules on Jamming
2. Airport and Port Security
3. Event Protection
4. Prisons
5. Infrastructure
6. Heat/Thermal/Infra-Red

Acquiring Imagery 

1. Locations
2. Still vs. Video
3. Hazards
4. Lighting
5. Shadows and Color
6. Buyers


Cultural Intelligence and Real Estate


COURSE SYLLABUS

Course Description

Real Estate professionals across the United States increasingly operate within multi-cultural business environments which are strikingly diverse. The course is designed to equip licensees with an understanding of how to increase their Cultural Intelligence and leverage the unique benefits which can be obtained through being culturally proficient.

Students will also gain an understanding of the role of Fair Housing and how awareness of the laws and REALTOR Code of Ethics are beneficial to enhancing Cultural Intelligence (CQ) and providing an exceptional level of service to people from a variety of backgrounds. This course will explore highlights of recent cases in the real estate and lending industries as they relate to Fair Housing.


PART 1

Lesson 1

  • What is Culture?
  • Characteristics
  • Visible vs. Invisible Culture
  • Benefits and Liabilities of Culture

Lesson 2

  • Why Cultural Intelligence Matters
  • What is Cultural Intelligence?
  • Multi-cultural Market
  • International Buyers

Lesson 3

  • Benefits of CQ
  • Forms of Intelligence
  • CQ Assessment Tool

Lesson 4

  • Taking the Assessment
  • Key Takeaways
  • 4 CQ Capabilities

PART 2

Lesson 1

  • Global Clusters
  • Cluster Groupings

Lesson 2

  • CQ Advantage
  • Values
  • Ratings
  • Personal Orientation
  • CI Teams

Lesson 3

  • Adaption Styles
  • Negotiating across Cultures

Lesson 4

  • Personal Communication Style
  • Reaching Consensus
  • Cultural Ethnocentrism
  • Cultural Sensitivity

PART 3

Lesson 1

  • Cultural Sensitivity
  • Unconscious Bias

Lesson 2

  • Implicit Association Test
  • Cultural Diversity

Lesson 3

  • Common Forms of Biases
  • CI Real Estate Professionals
  • Realtor Code of Ethics
  • Fair Housing

Lesson 4

  • Race, Color and National Origin
  • Disability
  • Lending
  • Disparate Impact

 


Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@onlinecti.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance, Privacy and Refund Policy).

290,773 Courses Taken
The course was very informative and well put together. I’ve taken many classes and this was one of the better online courses I’ve taken. I truly enjoyed it!
Dominic Coloutes from Florida
 
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