Real Estate Continuing Education

Law and Elective 2022 6 Hour course | Michigan CE Marketplace #066913

2 Legal Updates & 4 Elective Credit Hours | Online Text Course| No Tests
This course covers the changes in Laws and Rules in Michigan and the license holder's responsibilities and obligations related to rule changes, requirements, duties, and violations.  It also covers Contract Law, Errors & Omissions, and Supervision & Mangement.

Description

At Your Pace Online (AYPO) is responsible for the content of this course.

This Course Covers:

Legal Updates

Introduction to Changes in Laws and Rules in Michigan

  • Changes to Occupational Code
  • Changes in Laws & Rules in Michigan
    • State Assigns New Professional License Numbering System
    • Public Act 63 of 2020
    • Public Act 159 of 2020 in Michigan
    • Public Act 253 of 2020
    • Public Act 255 of 2020
  • Identity-Based Discrimination in Employment (US)
  • USSC Opinion – Protections Apply to Sexual Orientation or Gender Identity
  • Executive Order 13988
  • Property Management & Rentals
  • Additional Impacts of HB 4722
    • Short-term Rentals
    • Long-term Rentals
  • New Eviction Notice Requirement Effective May 3, 2021
  • Case Law 2022
    • Sellers Disclosure 
  • Michigan Property Taxes
  • Measuring Houses & Counting Rooms Using the ANSI Standards
  • Finished Area Defined
  • Building Owners & Managers Association International (BOMA International)
  • Environmental Issues and Case Studies
  • Hazardous Waste Sources
  • PFAs
  • Environmental Issues – Federal & Michigan-specific Laws
    • CERCLA (Comprehesive Environmental Response, Compensation & Liability Act of 1980)
    • RCRA (Resource Conservation & Recovery Act of 1976)
    • Michigan Laws
    • Natural Resource & Environmental Protection Act

Contract Law:

  • General Knowledge and Basic Definititions of Contract Law
    • Legal Guidelines
    • Oral vs. Written Contracts
  • Requirements for Validity
    • Competent Parties with a Legal Capacity
    • Unenforceable Contracts
  • Assignment & Novation
  • When a Contract is Considered Performed or Discharged
    • Duties of the Buyer, Seller, Additional Parties, & Their Agents
    • Conditions – Acts or Events that Must Occur Before Performance is Due
    • Substantial and Specific Performance
    • Interference With an Existing Contract
  • Breach of Contract
    • Material or Immaterial Breach
    • Consequences of a Breach
    • Privity of Contract
    • Defenses to Claims of Breach of Contract
    • Remedies for Breach
  • Contract Clauses
    • Attorney's Fees
    • Arbitration
    • Choice of Law & Jurisdiction
    • Contract Price & Payment Schedule
    • Escape
    • Exculpatory Clause
    • Indemnity
    • Liquidated Damages
    • Merger & Integration
    • Non-Waiver
    • Severability
    • "Time is of the Essence"
  • Conclusion of Basic Contract Law

Errors & Omissions

  • Errors & Omissions
    • Misrepresentation
    • Negligence
    • Fraud
    • Mistakes
  • Common Types of Problems
    • Misrepresentation: Concrete Examples
    • Property Size (Water Rights, Advertising etc.)
    • Negligence: Specific Examples
    • Fraud: Concrete Examples
  • Prevention & Mitigation
    • Protection
    • Education
    • Due Diligence
    • Written Contracts
    • E&O Insurance
  • Conclusion of Errors & Omissions

Supervision & Management

  • Characteristics of Successful Management
    • Delegation
    • Communication
    • Recognition
    • Authority
  • The Functions of Management
    • Planning
    • Organizing
    • Requisition
    • Leading
    • Controlling
  • The Employer-Employee Relationship vs Independent Contractor Relationship
    • What is an Employee?
    • What is an Independent Contractor?
    • Requirements for Employees vs Independent Contractors

If you have any questions, please call us at 1-800-727-7104 or send an email to info@onlinecti.com

Policies