Complete Utah 18 Hour Package #2

$115.00

18 Hour | Online HD Video & Narrated

  • 3 Hour Risk Management (#R170517)
  • 3 Hour Code of Ethics (#RC170520)
  • 3 Hour Fair Housing (#RC170513)
  • 3 Hour Finance (#R170514)
  • 3 Hour Agency (#RC170511)
  • 3 Hour Taxes (#RC170518)

Description

PACKAGE CONTENTS:

 


Risk Management


COURSE SYLLABUS

Course Description

Risk is the potential, or possibility that something bad or unpleasant, such as an injury or loss, will happen. The various risks we face are fines and penalties for violating the law, either intentionally or accidentally; loss of money due to damages awarded in a lawsuit; or even loss of our ability to make a living in our chosen profession. This also includes injuries to ourselves or others. Since some risk is inevitable in the marketplace, it is important to carry insurance to protect against inadvertent exposure to risk. Risk management allows you to assess, identify and then determine what kind of agreements, insurance or policies will best protect your business.


RISK MANAGEMENT

Types of Insurance

1. General Liability
2. Errors and Omissions
3. Fidelity
4. Property
5. Business Interruption
6. Directors and Officers Liability
7. Workers Compensation
8. Automobile

Choosing an Insurer

1. History
2. Rates
3. CLUE Reports

Shifting Risk

1. Incorporation
2. Loss Prevention

Cyber Crime

1. Prevention
2. Damage Control
3. Privacy Policy
4. Data Security

Identity Theft

1. Protection
2. Security Breaches
3. Privacy Policies
4. FTC Best Practices

Safety Issues and Risk Reduction

1. OSHA
2. Premises Liability
3. Ownership of Premises
4. Cases

Anti-Trust

1. Definition
2. Compliance
3. TRID/RESPA
4. Cases

Internet Liability

1. Copyright Violations
2. Blogs

 


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
Chapter Quiz

Articles 2-9

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

Chapter Quiz

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

Chapter Quiz

Articles 15-17 Duties to Realtors

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

Chapter Quiz

Business Ethics, NAR Code of Ethics and Pathways to Professionalism

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

Chapter Quiz

Case Studies

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

Chapter Quiz

 


Fair Housing


COURSE SYLLABUS

Course Description

It is important to realize Fair Housing laws are very much a part of today’s real estate market. Both Federal and State governments employ “testers” to police the industry. Testing is not considered entrapment and the results are admissible in court. Fair Housing is the law of the land, and even in the face of some apparent exceptions, there is no room for discrimination of any sort in the business of housing.

The Fair Housing Act has its roots in the civil rights movement and is arguably the final great legislative achievement of the times. It is a landmark civil rights act that pushed back decades of discrimination.

After completing this course  participants will be able to:

  • Understand the history behind and the connection between civil rights legislation and the Fair Housing Act.
  • Recognize and apply the standards outlined by court decisions in Fair Housing case law.
  • Be able to integrate the rules and regulations pertaining to Fair Housing laws in the real estate industry.

Fair Housing

Chapter 1
Lesson 1 (15 minutes)

1. 1866 Civil Rights Act
2. 1968 Federal Fair Housing Act

a. Protected Classes and Prohibitions
b. Exemptions
c. History
d. Enforcement

Chapter Quiz – 5 Minutes

Lesson 2 (15 minutes)

1. Complaint Process

a. Steps

2. Amendments

a. Families
b. Disabilities

Chapter Quiz – 5 Minutes


Chapter 2
Lesson 1 (15 minutes)

1. Fair Housing and Real Estate

a. Advertising
b. Customer Service
c. NAR

Chapter Quiz – 5 Minutes

Lesson 2 (15 minutes)

1. Frequently Asked Questions

Chapter Quiz – 5 Minutes


Chapter 3
Lesson 1 (15 minutes)

1. Case Law

Chapter Quiz – 5 Minutes

Lesson 2 (15 minutes)

1. Case Law

Chapter Quiz – 5 Minutes

Final Assessment – 30 minutes

 


Finance


COURSE SYLLABUS

Course Description

Real estate agents wear many hats in their profession. They assist their clients with the buying and selling of real property. To that end, they market, list and promote sales. They advise, help negotiate, and consult with clients on market conditions, mortgages, legal requirements and financing to ensure a fair and honest transaction. Having an understanding of the legal environment surrounding the financial aspects of real estate dealings is one of the most important areas of expertise to be able to share with clients in order to build enduring and profitable relationships.

After completing this course  participants will be able to:

  • Describe the importance of case law that illustrates the problems in the conveyance of real property.
  • Define and describe the types, features, and benefits of a real estate loan.
  • Be able to apply the rules and regulations of state and federal agencies as they pertain to real estate finance;  insurance, mortgages, loans and lenders.

FINANCE

Lesson 1 (25 minutes)

1. Laws Regulating Financing

a. RESPA
b. Truth in Lending Act
c. TRID
d. SAFE Act

Lesson 2 (25 minutes)

1. Seller Financing

a. Purchase Money Mortgage
b. Land Contract
c. HUD Final Rules
d. CFPB Dodd-Frank TILA
e. Equal Credit Opportunity Act

Lesson 3 (20 minutes)

1. Usury
2. Interest
3. Mortgages

Lesson 4 (25 minutes)

1. VA Loans
2. Repayment of Loans
3. Private Mortgage Insurance
4.  Cases

Lesson 5 (20 minutes)

1. Mortgages/Foreclosure

a. Advertisement
b. Judicial vs. Non-Judicial
c. Lien vs. Title Theory

Lesson 6 (25 minutes)

1. Types of Mortgages
2. Assorted Cases

Lesson 7 (15 minutes)

1. Commercial Lending

a. Sale and Leaseback
b. Section 1031 Exchanges
c. Tenancy in Common

Assessment – 30 minutes

 


Agency


COURSE SYLLABUS

Course Description

Real estate agents are subject to a broad range of legal and ethical requirements that are designed to protect buyers, sellers and the community at large. Buyers and sellers typically will delegate authority to a real estate broker to act as their agent when conducting real estate business. When this happens, an agency relationship has been created. This relationship falls under the domain of “law of agency”. This three-hour video course outlines the various types of agency and the standards of practice associated with each.

After completing this course  participants will be able to:

  • Recognize and implement the broad range of legal and ethical requirements that protect buyers and sellers.
  • Be able to describe and integrate the agency relationships that are created during a real estate transaction.
  • Outline the different types of agency and the standards of practice associated with each.

AGENCY

Lesson 1 Levels of Agency (25 minutes)

1. Special
2. General
3. Universal

Lesson 2 Dual Agency (20 minutes)

1. Benefits and Limitations
2. Disclosure
3. Rules

Lesson 3 Subagency (20 minutes)

1. Benefits and Limitations
2. Rules

Lesson 4 Cases (30 minutes)

1. Ford v Brooks
2. Woodson v DLI Properties LLC
3. Douglas Elliman LLC vs. Tretter
4.  Kasey Inc v Alpine Realty Now Inc
5. Sutton v Driver,
6. D&J Real Estate Servs. v. Perkins
7. KMM Invs., LLC v. Ritchie

Lesson 5 Cases (20 minutes)

1. Adar Inv., LLC v. Bayview Loan Serv’g, LLC
2. Gartner v. Rifflard
3. Duncan v. Maag
4. DeWitt Londre, v. Investment Real Estate Specialists, LLC
5. Cardoza v Reed
6. Ardent Service Corp.  v Grand Beach Real Estate Inv., LLC
7. Horiike v  Coldwell Banker
8. Auer v Paliath

Lesson 6 Cases (15 minutes)

1. Bastarache v  Edgerton
2. Bunger v Demming
3. Lawson v Keene
4. Hopkins v Coco
5. Schweitzer v Salt Lake Homeless Program

Assessment 30 minutes

 


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 (25 minutes)

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

Chapter Quiz – 8 Minutes

Lesson 2 (30 minutes)

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

Chapter Quiz – 8 Minutes

Lesson 3 (30 minutes)

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

Chapter Quiz – 8 Minutes

Lesson 4 (25minutes)

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

Chapter Quiz – 8 Minutes

_____________________________________________________________________

Final Assessment – 10 minutes


 

 

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).

315,037 Courses Taken
It is absolutely refreshing to find a company that provides the amount of customer service you have provided in this day and age
A. Vincent Caracci, IV from Hammond Louisiana
 
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