24hr Broker Course Medley | Virginia Approval #0214022316


24 credit hours | Online HD Video and Narrated | Includes 16 Mandatory credit hours

  • 8 Hour Broker Management
  • 3 Hour Code of Ethics
  • 3 Hour Finance
  • 3 Hour Taxes
  • 3 Hour Real Estate Contracts
  • 2 Hour Fair Housing
  • 1 Hour Legal Updates & Flood Hazard
  • 1 Hour Agency
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VA 24hr Broker Course Medley



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 one-hour chapter outlines the rules surrounding agency and the standards of practice associated with each.

Lesson 1

1. Virginia Agency Law
2. Definitions
3. Seller’s Agency
4. Buyer’s Agency
5. Agency Disclosure
6. Dual Agency

Lesson 2 

1. Brokerage Agreements
2. Guidance Document on Necessity for Brokerage Agreements
3. Roles and Responsibilities
4. Case Studies

Final Assessment 


This chapter will explore contracts and forms related to 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.

Lesson 1

1. Listing Contracts
2. Required Items and Other Provisions

Lesson 2

1. Required Elements of a Purchase Agreement

Lesson 3

1. Financing Addenda
2. Conventional Mortgage
3. FHA Mortgage
4. DVA Mortgage
5. Land Contracts

Final Assessment 


Disclosure laws are in place that protect both buyers and sellers. Attorneys that deal with real estate transactions report that the most common source of a real estate lawsuit is nondisclosure. This course outlines the general statutory requirements surrounding property disclosure requirements in Virginia.

The 2015 Virginia General Assembly approved HB 2295 to require certain active real estate licensees to complete continuing education in “flood hasard areas and the National Flood Insurance Program” (Flood Instruction) as a condition for license renewal. As of January 1, 2016, flood instruction content is included in Real Estate Board-approved continuing education (CE) courses under the Legal Updates (LU) subject area.

Lesson 1 VA Residential Property Disclosure 

1. Disclosure in Virginia
2. Material Defects
3. Residential Property Disclosure Statement
4. Virginia Disclosure Act

5. Agency Disclosure
6. Dual Agency

Lesson 2 Flood Instruction 

1. Flood Threat
2. National Flood Insurance Program
4. Virginia Flood Risk Information System
5. FEMA Zones
6. Coastal Barrier Resources Act Zones

Final Assessment 


Is it 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 indutry. Testing is not considered entrapment and the resuls 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.

Chapter 1 – Lesson 1

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

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

3. Virginia Fair Housing Laws

Chapter 1 – Lesson 2 

1. Complaint Process

a. Steps

2. Amendments

a. Families
b. Disabilities

Chapter 2 – Lesson 1

1. Virginia Fair Housing and Real Estate

a. Advertising
b. Customer Service
c. NAR

Chapter 2 – Lesson 2 

1. Frequently Asked Questions

Chapter 3 – Lesson 1

1. Case Law

Final Assessment 


The NAR Code of Ethics is being used only as a teaching tool. The NAR Code of Ethics provisions that are outside of the Virginia Real Estate Board’s laws and regulations are not applicable to Real Estate Board licensees.

Before Standards of Practice were put in place, the real estate profession was not regulated in any way. In 1908, a set of rules that set a higher standard was put in place. Because of their obligations to clients, customers, the public, and each other, Realtors must strive to become informed on issues affecting real estate and, as knowledgeable professionals, willingly share their experience and study with others. They must identify and take steps, through enforcement of the Code of Ethics, and by assisting appropriate regulatory bodies, to eliminate practices which may damage the public or which might discredit or bring dishonor to the real estate profession.

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

Introduction and Preamble

Article 1 – Duties to Clients and Customers

1. Obligations
2. Agency Relationships
3. Disclosure
4. Offers
5. Confidentiality
6. Due Diligence
7. Contracts and agreements

Articles 2-6 

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. Consultative Services
4. Transparency
5. Kickbacks

6. Unauthorized activities

Articles 15-17 – Duties to Realtors 

1. Libel
2. Exclusivity
3. Solicitations
4. Disputes

Exercises and Case Studies

1. Concepts of the Preamble to the Code

  • Maintain the standards of the industry
  • Share responsibility for integrity and honor
  • Become and remain up to date
  • Share expertise
  • Be competent, fair, and conduct self with integrity

2. Structure of the Code

  • Duties to the clients
  • Duties to the public
  • Duties to realtors
  • Evolution of the Code

3. The Code and the Law

  • Reasonable

4. Pathways to Professionalism

  • Respectful to the public, property and peers

Chapter Quiz

Summaries and Case Studies 

1. Article 1
2. Article 2
3. Article 12
4. Article 17

Commercial Cases

1. Article 1
2. Article 2
3. Article 3
4. Article 11
5. Article 16


Final Assessment


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.

Lesson 1 

1. Laws Regulating Financing

b. Truth in Lending Act
d. SAFE Act

Lesson 2

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 

1. Usury
2. Interest
3. Mortgages

Lesson 4

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

Lesson 5

1. Mortgages/Foreclosure

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

Lesson 6 

1. Types of Mortgages
2. Assorted Cases

Lesson 7

1. Commercial Lending

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

Final Assessment


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.

Lesson 1 

1. Tax Liabilities
2. Employment Taxes

a. Social Security
b. Medicare

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


This class will explore contracts and forms related to real estate transactions. Special emphasis is placed on the required elements of a binding contract, contents of a purchase agreement, addenda and contingencies. All the elements of a real estate transaction must be accurate, and properly executed for the contract to be binding. It is important for real estate professionals to have a working understanding of the contractual transaction in order to best serve their clients.

Lesson 1 Elements of a Binding Contract

1. Types of Contracts
2. Essential Elements

Lesson 2 Elements of a Binding Contract cont. 

1. Plain Language
2. Performance and Discharge
3. Remedies

Lesson 3 Purchase Agreements

1. Parties
2. Property Address
3. Personal Property
4. Financing
5. Earnest Money
6. Title/Taxes/Encumbrances
7. Condition of Property
8. Equipment Condition

Lesson 4 Roundtable Discussions

1. Inspection Contingency
2. Mechanic’s Lien
3. Resale of Condos and HOAs
4. Lead-Based Paint
5. Contingency Addendum
6. Settlement Services
7. Seller Contributions
8. Cancellation

Lesson 5 Roundtable Discussions 

1. Supplemental Cases

Final Assessment 



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.

Lesson 1 
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

Lesson 2
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

Lesson 3
Safety Issues and Risk Reduction

1. FTC Best Practices
3. Premises Liability
4. Ownership of Premises
5. Cases

Lesson 4

1. Cases
2. Anti-Trust Laws
4. Cases

5. Copyright Violations
6. Blogs

Final Assessment

DISCLOSURE – Narrated Course

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. While disclosure laws are in place to protect the consumer, they constitute a legal framework that real estate professionals must comply with. There are a number of areas that require disclosure in real estate:

  • Seller’s Disclosure
  • Agency Disclosure
  • Lead Paint Disclosure
  • Mineral Rights Disclosure
  • Integrated Disclosure

This fully narrated section covers the disclosure laws that real estate professionals must adhere to, the transactions in which they will come across these requirements, and case law to illustrate real life scenarios.


Lesson 1 

1. Overview
2. Defects
3. Common Defects and Examples

Lesson 2

1. Stigmatized Properties
2. Exceptions
3. Examples

Lesson 3

1. As-Is Clauses
2. Forms
3. CLUE Report

Lesson 4 

1. Case Study
2. Recent Changes to Statutes and Regulations


Lesson 1 

1. Agency Disclosure Overview
2. Fiduciary Duties
3. Disclosed Dual Agency

Lesson 2

1. Case Study

Lesson 3 

1. Case Study

Lesson 4

1. Case Study

Final Assessment


In January of 2019 the state of Virginia requires that all brokers take coursework that outlines the responsibilities of supervising brokers. This lesson is an overview Section 54.1-2110.1 of the Code of Virginia, including detailed discussion of topics supervising brokers should be sure to address when managing associate brokers, salespersons, unlicensed assistants and independent contractors.

Lesson 1 

1. Overview Section 54.1-2110.1 of the Code of Virginia
2. Advertising

Lesson 2 

1. Brokerage Relationships and Agency Disclosure

Lesson 3 

1. Agency cont.
2. Business Procedures
3. Competency of Licensees
4. Compliance

Lesson 4 

1. Compliance cont.
2. Consumer Data Privacy
3. Disclosure of Material Facts
4. E-Mail Communication
5. Errors and Omissions and Liability Insurance
6. Ethical Standards

Lesson 5 

1. Equal Opportunity
2. Fair Housing
3. Handling of Escrow Deposits
4. Independent Contractors
5. Legal Assistance
6. Listings

Listings 6 

1. Maintain Records
2. Performance Reviews
3. Personal Assistants
4. RESPA Compliance
5. Sexual Harassment
6. Teams
7. Vicarious Liability
8. Workplace Privacy

Final Exam

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).

335,692 Courses Taken
Well worth it! I would pay for the course even if it wasn’t for continuing education… . I would absolutely take a class from Certified Training Institute for my next renewal.
Brian Brown from OR