Minnesota 15 Hour Package

$129.00

15 Credit Hours | Online HD Video Courses | Includes 1 Hour each of Broker Management, Fair Housing and Agency

  • 3.75 Hour Real Estate Module: Agency, Fair Housing, and Energy Efficiency (Approval #1028937)
  • 4.25 Hour Real Estate Contracts  (Approval #1022726)
  • 3 Hour Code of Ethics (Approval #1021691)
  • 4 Hour Lead Paint Awareness (Approval #1022262)

Description

PACKAGE CONTENTS:

 


MN 2019-2020 Real Estate Module:
Agency, Fair Housing, and Energy Efficiency

Salesperson & Broker Required Module
Timed Outline


Course Description

This course covers Agency Law, its history, foundation, and Minnesota License laws regarding Agency relationships in a real estate transaction. This course will also look at federal Fair Housing law, its history, laws, and regulations. Prohibitions under the federal Fair Housing Act and the Minnesota Human Rights Act will be covered.

The energy efficiency portion of the course will cover the importance of home energy assessments in existing homes and an overview of the MN market for energy efficiency in new homes and building codes. It will also cover the need and importance of a pre-construction HERS report and provide resources for more information.

Note: Completion of this 2019-2020 General Module WILL also satisfy the broker module training requirement as required in §82.61(i) for 2019-2020. (In other words, there will be no separate broker module course for 2019-2020).
Note: Completion of this 2019-2020 General Module WILL also satisfy the required 1- hour of Fair Housing and the required 1-hour of Agency Law training as required in §82.61.(c):(1) (2).

After completing this course participants will be able to:

  • Understand Agency Law and MN license laws on Agency relationships
  • Learn about the Federal Fair Housing Act
  • Understand the Minnesota Human Rights Act
  • Understand prohibited acts under Fair Housing law
  • Understand energy efficiency and surrounding laws
  • Be better equipped to serve buyers and sellers in today’s complex real estate transactions
  • Understand Why Energy Efficiency Matters:
    • What makes a home green?
    • Home Energy Assessments for Existing homes
    • Justifying costs: pre-construction HERS report
    • Other resources available

AGENCY LAW

LESSON 1 – 30 minutes

I.  COURSE OBJECTIVES

II. HISTORY OF AGENCY LAW

A.  License law in Minnesota

III. FOUNDATION FOR AGENCY LAW

A. Customer versus Client Relationship
B. Broker/Agent Relationship
C. Common Law & Fiduciary Duties

1. Obedience
2. Loyalty
3. Disclosure
4. Confidentiality
5. Duty to Account
6. Reasonable Care

LESSON 2 – 15 minutes

IV. RELATIONSHIPS IN A REAL ESTATE TRANSACTION

A. Disclosure Form

1. Signatures

B. Agency Roles – Understanding your Duties and Obligations

1. Seller Representative
2. Buyer Representative
3. Sub-agent
4. Dual Agent
5. Facilitator

LESSON 3 – 20 minutes

V.  AGENCY RELATIONSHIPS RISK MANAGEMENT

A. Intruding on exclusive agency relationship of another broker
B. Dealing with unrepresented parties on the other side of a transaction
C. Issues with co-listings*
D. Licensees purchasing from or selling to their own client*
E. Licensees changing brokerages and effects on agency relationships

FAIR HOUSING

LESSON 1 – 20 minutes

VI. HISTORY OF FEDERAL FAIR HOUSING LAW

A. Civil Rights Act of 1866
B. Plessy vs. Ferguson

C. “Separate but Equal”
D. Exclusionary Zoning
E. Fair Housing Act of 1968
F. Fair Housiong Amendments
G. Federal Fair Housing and Minnesota Human Rights Act

1. Race
2. Color
3. National Origin
4. Religion
5. Gender
6. Disability
7. Family Status
8. Marital Status
9. Sexual Orientation
10. Status with regard to public assistance

LESSON 2 – 20 minutes

VII. UNDERSTANDING PROHIBITED ACTS

A. Refusal to sell or rent
B. Discrimination in terms, conditions or privileges of sale
C. Advertising
D. Denying availability
E. Blockbusting and steering
F. Failure to make reasonable accommodations
G. Lending discrimination and “Redlining”

LESSON 3 – 15 minutes

VIII. DISABILITY AND ASSISTANCE ANIMALS

A. What is an assistance animal?

1. “Companion animal,” “service animal,” etc.
2. Species
3. Tasks performed by animals

B. What is a disability?
C. Americans with Disabilities Act versus FHA

1. Public spaces versus housing

D. ADA implications for real estate licensees

1. Places of public accommodation (offices, open houses, and even websites)
2. What kind of accommodations
3. Penalties (and “trolls”)

E. FHA implications for real estate licensees

1. Property Management

a. Allowing assistance animals, not “pets”
b. Landlord perspective/rights

i. Damages and nuisance from assistance animals
ii. Potentially “fake” service animals and recourse

IX. HOMEOWNERSHIP AND RACE IN MN

A. NAR/HUD “At Home with Diversity” Training
B. Homeownership Opportunity Alliance (HOA)

1. Members: REALTORS, MN Mortgage, Minneapolis, Homeownership Center, MFHA, non-profits that helo immigrants

ENERGY EFFICIENCY

LESSON 1 – 25 minutes

X. WHY GREEN (ENERGY EFFICIENCY) MATTERS

A. Climate Science and Economics

1. Environmental change has effects on our quality of life and the cost of living
2. Big business and government is driving adoption of change – energy models, regulation, cost of doing nothing – preparedness & resiliency
3. Climate zone and utility costs and how it affects sustainability & costs

B. What makes a home green?

1. Site Orientation
2. Energy Efficiency
3. Indoor Air Quality
4. Materials that last, perform, and provide maximum sustainability
5. Affordability – cost of ownership, energy costS
6. What can be done to an existing home for energy efficiency and sustainability and comfort

LESSON 2 – 25 minutes

C. Who what and why of Home Energy Assessment for Existing Homes

1. What is an energy assessment?  Building survey of GLA, sq. ft. of windows, walls, ceiling, doors, and foundation and their thermal values.
2. Assessment is more than a report – it ties to a set benchmark that the results become a tool for appraiser & lender, energy designer and baseline for contractor to compare future improvements.
3. Who can do an energy assessment and why energy rater needs to be trained and certified
4. HES & HERS are a national standard assessment recognized by secondary mortgage market
5. Home inspectors certified for HES, HERS energy raters certified by RESNET
6. Provides rating score for Regional Multiple Listing Service (RMLS) that appraiser and underwriter can put a value on too

D. Overview of MN Market for Energy Efficiency in New Homes & Building Codes (C-10Min) (I-12Min)

1. Energy Modeling – tools available and where have we come since 1980
2. Key new elements of 2015 MN residential building code
3. Where are we going on a path to net zero construction

LESSON 3 – 15 minutes

E. Justifying cost: The importance of pre-construction HERS report

1. Why lender wants to see a pre-construction audit and HERS/HES rating report
2. The HERS & HES report includes a projected energy costs of before and after
3. Provides behind the walls R rating, HVAC equipment size & air & water sealing opportunities
4. HERS report prioritizes the energy rater in level of field diagnostics measures done*

5. Importance of pre-construction HES rating to existing home for lender + retrofit contractor

F.    Overview/resources

1.    Energy Efficiency
2.    Introduction to basic building science of existing homes since 1970
3.    Overview of building science today in high performance homes
4.    Valuation methods that require data competency and 3rd Party database RMLS
5.    How to identify documents that influence sales and valuation professionals
6.    High performance financing rules and how to market these homes
7.    Working with green fields in RMLS
8.    Department of Commerce, Home Energy Guide

EXAMINATION (40 minutes)

Total Course length: 225 minutes (3.75 hours)


Real Estate Contracts


COURSE SYLLABUS

Course Description

This class will explore contracts and forms related to the Minnesota real estate transactions. Special emphasis will be placed on the contract issues that come up in day-to-day businesses so agents will be better equipped to serve buyers and sellers after instruction on what is contractually required. 

After completing this course participants will be able to:

  • Have a better understanding of what is required by law in real estate contracts;
  • Examine various contracts, addendums, and agreements and review forms issues that create problems in real estate transactions;
  • Learn to avoid contractual perils and pitfalls;
  • Be better equipped to serve buyers and sellers in today’s complex real estate transactions

 


 

Welcome and Course Objectives

Lesson 1 Elements of a Binding Contract 

  1. Bilateral versus unilateral
  2. Enforceability
  3. Essential elements

Assessment 

Lesson 2 Elements of a Binding Contract cont.

  1. MN Plain Language statute
  2. Performance
  3. Discharge
  4. Breach
  5. Remedies
  1. Assignability
  2. When clients should seek legal advice

Assessment

Lesson 3 Representation Contracts and Facilitator Services Agreements

  1. Agency Relationships

Assessment 

Lesson 4 Representation Contracts and Facilitator Services Agreements cont. 

  1. Listing Contract
  2. Buyer Representation Contracts
  3. Facilitator Services Agreements: Buyer & Seller

Assessment 

Lesson 5 Disclosure Issues 

  1. Seller Disclosure in Residential Property
  2. Seller Disclosure Alternatives
  3. Other Seller Disclosure Requirements

Assessment 

Lesson 6 Purchase Agreement

  1. Parties’ Names
  2. Property address
  3. Ernest money obligations
  4. Fixtures
  5. Personal Property
  6. Price
  7. Deeds
  8. Property taxes and assessments
  9. Linked Devices
  10. Possession
  11. Title and examination
  12. Mechanics Liens
  13. Definition of dimensions
  14. Risk of Loss
  15. Time is of the essence
  16. Entire Agreement
  17. Default
  18. FIRPTA
  19. Final acceptance

Assessment 

Lesson 7 Counter Offers and Addenda 

  1. Standard terms
  2. Signatures required on the purchase agreement
  3. Conventional
  4. FHA
  5. DVA
  6. Contract for Deed

Assessment 

Lesson 8 Seller Contributions 

  1. Closing Costs

Condominium Townhouse CIC Addendum

  1. Calculation of days
  2. Exempt properties
  3. Right to cancel provision

Contingency Addendum Sales of Buyer’s Property

  1. Mechanics of the contingency

Inspection Contingency

  1. Types of inspections
  2. Mechanics of the contingency
  3. Cancellation
  4. Material fact disclosure

As Is Addendum

  1. Seller disclosure alternatives with waiver
  2. Limitation of Seller Liability/legal advice
  3. Warranties
  4. Risk of loss

Cancellation of a Purchase Agreement

  1. Cancellation agreement signed by both parties
  2. Refusal to sign a cancellation
  3. Statutory cancellation
  4. Earnest money issues

One Time Showing Contract

  1. Secures compensation
  2. Specific buyer

Assessment

Lesson 9 Roundtable Discussions 

Assessment 

Final Assessment


Code of Ethics


COURSE SYLLABUS

Course Description

Realtors should recognize that the interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. They require the creation of adequate housing, the building of functioning cities, the development of productive industries and farms, and the preservation of a healthful environment.

Such interests impose obligations beyond those of ordinary commerce. They impose grave social responsibility and a patriotic duty to which Realtors should dedicate themselves, and for which they should be diligent in preparing themselves. Realtors, therefore, are zealous to maintain and improve the standards of their calling and share with their fellow Realtors a common responsibility for its integrity and honor.

This course outlines the standards of practice expected of licensed realtors, and provides several case studies to illustrate those standards.


CODE OF ETHICS AND STANDARDS OF PRACTICE

Introduction and Preamble

Article 1 Duties to Clients and Customers

1. Obligations
2. Agency Relationships
3. Disclosure
4. Offers
5. Confidentiality
6. Due Diligence

Articles 2-9

1. Misrepresentation
2. Discovery
3. Compensation and Commissions
4. Conflict of Interest
5. Contracts

Articles 10-14 Duties to the Public

1. Discrimination
2. Professional Standards
3. Standards of Competence
4. Consultive Services
5. Transparency
6. Kickbacks
7. Advertising

Articles 15-17 Duties to Realtors

1. Libel
2. Exclusivity
3. Solicitations
4. Disputes
5. Mediation and Arbitration

Business Ethics, NAR Code of Ethics and Pathways to Professionalism

1. History of NAR
2. Business Ethics
3. Professionalism
4. Enforcement
5. Arbitration Guidelines

Case Studies

1. Article 1
2. Article 12
3. Article 17
4. Commercial Cases
5. Conclusion

Final Assessment


 

Lead Paint Awareness 


Course Description

Traditional renovation work can create significant dust-lead hazards if lead-based paint is disturbed. Contaminated dust generated by traditional renovation work can cause lead poisoning in children, pregnant women, healthy adults, and even pets. Practical changes in work practices can minimize and contain dust. The use of lead-safe work practices makes the job safer and reduces liability exposure. This course will teach you how to perform or supervise lead-safe work practices safely and effectively. This course is not a qualifier for RRP Certification. You must complete an EPA accredited course for Certified Renovator Status.

After completing this course participants will be able to:

  • Understand the dangers inherent in lead paint, including the risks and difficulties involved in renovation projects that involve older structures.
  • Summarize the EPA and HUD rules required of Certified Firms and Certified Renovators.
  • Determine if lead-based paint affects your work, and how to educate owners and residents in target housing, or owners and adult representatives in child-occupied facilities about how the work will affect lead in their property, and how to plan the work so that it is lead safe.
  • Outline the process of proper set up so that dust and debris created by the work do not contaminate the property and leave behind lead contaminated dust.
  • Describe how to effectively clean up dust generated by the work performed in the home or child- occupied facility; how Certified Renovators conduct a cleaning verification; and how to dispose of renovation waste.

Lesson 1 – Regulations

*Learning Objectives: 1) Explain the role of the Certified Renovator. 2) Outline some of the EPA regulations surrounding lead paint renovation. 3) Explain why we are concerned with lead-contaminated dust.

1.  The RRP Rule

A.  Firm Certification
B.  Individual Certification
C.  Standards

2.  HUD Lead Safe Housing Rule

A.  Safe Practices
B.  Testing
C.  Training

Lesson 2  Testing for Lead Based Paint 

*Learning Objectives:  1) Describe the regulatory requirements that affect renovation work.  2) Identify the recommended testing methods.

1.  Educate Owners and Residents:

A.  Renovate Right Pamphlets
B.  Residential
C.  Child-Occupied Facilities
D.  Common Areas

2.  Determining Lead Paint Presence

A.  Test Kits
B.  Other tests
C.  Decision Logic Charts

Lesson 3  Review of Set-up Practices

*Learning Objectives:  1) Establish containment systems that will keep dust inside of the work area to allow you to clean more efficiently at the end of the day and at completion of the job.  2) Outline best practices for reducing dust and dust exposure.

1.  What is Containment?

2.  Interior Containment

A.  Access/Signs
B.  Coverings
C.  Doors/Windows
D.  Entry to work area

3.  Exterior Containment

A.  Work Area
B.  Doors/Windows

Lesson 4  Review of Prohibited Practices, Personal Protective Equipment and Dust Control 

*Learning Objectives:  1) Describe work practices prohibited under the RRP Rule because they create dangerous amounts of dust and paint chips.  2) Identify practices to use to control dust, debris or paint chips.

1.  Prohibited Practices

2.  Specialized Tools

A.  HEPA vacuums

3.  Personal Protection Equipment

4.  Controlling the Dust

A.  Vacuuming the dust
B.  Disposal

Lesson 5  Cleaning Activities and Checking Your Work 

*Learning Objectives:  1) Know how to conduct an effective cleaning.  2) Describe safe disposal practices.  3) Indicate how to check your work.

1.  Effective Cleanup

A.  Top to Bottom
B.  All Surfaces
C.  Checking your work

2.  Interior Requirements

A. Visual Inspection
B.  Cleaning Verification
C.  Dust Clearance Exam

3.  Exterior Requirements

A.  Sheeting
B.  Disposal

Lesson 6  Recordkeeping 

*Learning Objectives:  1) Determine what records Certified Renovators and Certified Firm Managers must retain for each job. 2) Understand the time requirements for various records.

1.  On-the-job Records

A.  Documents
B.  Individuals
C.  Common Areas
D.  Child Occupied Facilities

2.  Non-Certified Worker Training

A. Documentation

3.  Sample Reporting

Lesson 7 Training Non-Certified Renovation Workers 

*Learning Objectives:  1) Describe the roles of trained, non-certified renovation workers. 2) Outline the most important steps for training non-certified workers.

1.  Teaching Lead Safe Work Practices

2. Role of Certified Renovator/Non-Certified Workers

3. Steps for Teaching

A. Steps to Lead Safe Renovation, Repair and Painting

4. Documentation

Final Assessment 

Appendices

1.  EPA’s Renovation, Repair and Painting Program Final Rule

2.  U.S. Department of Housing and Urban Development (HUD) Requirements
3.  Renovate Right:  Important Lead Hazard Information for Families, Child Care Providers and Schools

4.  Small Entity Compliance Guide to Renovate Right

5.  Steps to LEAD SAFE Renovation, Repair and Painting

6.  Hands-on Exercises

7.  State and Local Regulations

8 .  Regulatory Status of Waste Generated by Contractors and Residents from Lead-based Paint Activities Conducted in Households

9.  For More Information


Course instructors will be available by email or telephone between 8am and 6pm 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)

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