Legal Aspects of Real Estate, Real Estate Finance, Real Estate Fundamentals, Agency, Ethics, Fair Housing, Risk Management and Trust Funds.
Legal Aspects of Real Estate – 30 Hours 3874-XXXX
No other subject is as important to both the real estate practitioner and layman alike as the Legal Aspects of Real Estate. Methods of property ownership, elements of contracts, marketability of title, complications of easements, types of encumbrances, essentials of a valid escrow, landlord/tenant law, effects of taxation and assessments, and agency relationships are but a few of the many subjects covered in depth. This course is approved for thirty (30) hours of Consumer Protection for license renewal.
Real Estate Finance – 30 Hours 3874-XXXX
Real Estate Finance is designed to explore the alternatives in financing through the use of a combination of theories and current practices related to real estate. The loan process is discussed in practical terms from application to closing, including explanations of default and foreclosure. The latest information has been included on FHA, DVA, and Cal-Vet loans. Details on the National Housing Acts, Regulation Z, and other important laws, as they impact the financial market have been provided. This course is approved for thirty (30) hours of Consumer Protection for license renewal.
Agency - 3 Hours 3874-XXXX
This course in Agency includes, as the primary focus of the course, coverage of agency relationships in a modern brokerage practice, review of duties, required disclosures and confidences and required forms, including those specified under Civil Code Section 2295 et seq., as related to: in-house sales, cooperative sales, dual agency, and buyer's brokerage. (Other agency topics of current interest that are related to the activities of California real estate licensees are included in this course.)
This course also discusses the legal relationship whereby a principal appoints an agent to act on his/her behalf. The student will learn: agents have broad or limited power; how agencies are created; full disclosure; fiduciary responsibility; due care and loyalty. Also covered in this course are implied power and express authority. This course is approved for three (3) hours in the Agency category for license renewal.
Ethics - 3 Hours 3874-XXXX
The Ethics course includes three hours of extensive coverage of ethical practices, and where appropriate by way of example, unethical conduct involving real estate licensees that could be considered a violation of one or more subsections of B&P Code Sections 10176 and/or 10177.
This course also covers the ethical standards of real estate professional organizations, institutes, societies, etc., as well as specialized areas of real estate practice, e.g., commercial, industrial, business opportunities, mortgage lending, etc., and appropriate court decisions and practical examples and/or case studies as related to real estate practice and ethical behavior.
Laws set the minimum standard of acceptable human behavior. Ethics go far beyond the law and determine not if an action is legal, but whether it is right or just. Ethics, in fact, precede the law. Ethics, in fact, precede the law. Actions that formerly were legal but unethical are not often illegal. Court decisions have been applying the precepts of ethics to activities of real estate and determining that legal duties exist where no duties formerly were recognized. This course is approved for three (3) hours in the Ethics category for license renewal.
Fair Housing - 3 Hours 3874-XXXX
The Fair Housing course should provide real estate licensees with: knowledge of Federal and State fair housing laws relating to the sale and rental of real estate; knowledge of selected Federal and State civil rights and anti-discrimination laws relating to real property transactions and business establishments; the ability to avoid practices the could be considered discriminatory in commercial and residential transactions and facilities; an understanding of the Voluntary Affirmative Marketing Agreement (VAMA) and its application in the real estate industry; and the desire to commit to affirmative compliance with the fair housing laws.
The main emphasis of this course will be on covering the Federal and State fair housing laws relating to the sale and rental of real property. By covering these laws, subtopics such as redlining, advertising, refusing to show property, blockbusting, etc., will be addressed.
This course covers the laws concerning discrimination such as California Fair Housing Laws, Fair Employment and Housing Act, Unruh Civil Rights Act, California Business and Professions Code, California Real Estate Commissioners Regulations, Americans with Disabilities Act, and any laws, statutes, or regulations related to fair housing. This course is approved for three (3) hours in the Fair Housing category for license renewal.
Risk Management - 3 Hours 3874-XXXX
The Risk Management course should provide the student with knowledge of the principles, practices, and procedures calculated to avoid errors and omissions in the practice of real estate licensed activities, and the ability to recognize and resolve issues, and appropriately handle situations that most frequently result in litigation.
Risk Management can be applied to a wide range of functions and activities including negligence, negligent misrepresentation, intentional misrepresentation, fraud, constructive fraud, breach of fiduciary duty, breach of contract, violation of Business and Professionals Code Section 17200 et seq., breach of duties pursuant to Civil Code Sections 1102 and 2079, etc. This course is approved for three (3) hours in Risk Management category for license renewal.
Trust Funds - 3 Hours 3874-XXXX
The Trust Funds course provides the student with knowledge of the legal requirements for receiving and handling trust funds in real estate transactions, as set forth in the Legal Aspects of Real Estate and the Regulations of the Real Estate Commissioner. The course describes the requisites for maintaining a trust fund account. Further, the course explains and illustrates trust fund record keeping requirements.
Topics included in the course are: trust funds vs. non-trust funds; trust fund handling requirements; identifying the owner(s) of the funds; advance fee trust funds; trust fund bank accounts; accounting records; reconciliation of accounting records; documentation requirements; audits and examinations; consequences of trust funds conversion; and sample transactions to explain use of records. This course is approved for three (3) hours in the Trust Funds category for license renewal.
REGISTRATION AND TUITION FEES
The school charges a nonrefundable registration fee of $00.00 in the event of cancellation after three (3) days.
COSTS FOR ONLINE PRESENTATIONS
The tuition for each continuing education course ranges between $39.00 and $199.00. Reading materials are provided online and are incidental. Students are not allowed to download and print any reading materials, incremental assessments/quizzes or final examinations. No materials will be provided in a tangible format for Continuing Education. Executive Programs Real Estate School is a Department of Real Estate approved Course Provider. Executive Programs Real Estate School is not a retailer of any book, CD, DVD or any tangible goods. The true object of the school is to provide the service of an online course and instruction. Executive Programs Real Estate School does not provide a product store.
Registration Fee
|
$00.00 |
Tuition (per subject)
|
$39.00 - $199.00
|
No tangible textbooks or materials are included.
These courses are offered through online presentations. There are no attendance requirements in these online courses. The student must read the approved online material; answer quiz questions in an online incremental assessment format and must pass the final examination under online guidelines.
Incremental Assessments - Quizzes
Logical assessment units of the student’s mastery of the course content will be required periodically throughout each chapter. The assessment questions will not be furnished at the end of the course nor will they be provided at the end of each chapter. Instead, the incremental assessment questions will be presented every few reading pages of the outline for continuing education. The purpose of the incremental assessment questions is to assure the student covers the entire course material and shows a standard of comprehension throughout the entire course or subject.
3007.05. FORMS OF IDENTIFICATION ACCEPTED
A participant shall provide one of the following forms of identification immediately before enrolling in an online presentation of an offering or, immediately before the administration of the final examination.
(a) A current California Driver’s License.
(b) A California License Identification Number (Section 13000 of the California Vehicle Code.)
(c) A real estate related trade organization or government agency identification issued in the last five (5) years, which bears a photograph, signature, and identification number of participant.
3007.3. FINAL EXAMINATION RULES
a (3) Participants taking an online continuing education offering shall be limited to completion of final examinations for that offering for a maximum of fifteen credit hours during any one 24 hour period.
The student does not need to pass the incremental assessments/quizzes with a particular score. However, all Continuing Education final examinations require the student to pass with a minimum score of 70%. All final examinations can be taken online.
The final examination for a 37 hour continuing education course consists of 100 multiple choice final examination questions. The maximum time allowed is one (1) minute per question. No more than a 15 hour Continuing Education final examination segment can be taken in a 24 hour period. The minimum passing score, per segment, is 70%.
The final examination for a 30 hour continuing education course consists of 100 multiple choice final examination questions. The maximum time allowed is one (1) minute per question. No more than a 15 hour Continuing Education final examination segment can be taken in a 24 hour period. The minimum passing score, per segment, is 70%.
The final examination for a 15 hour package consists of five (5) mandatory three (3) hour courses (Agency, Ethics, Fair Housing, Risk Management and Trust Funds). Each three (3) hour course requires passing a 20 question final examination. The maximum time allowed is one (1) minute per question. The minimum passing score, per segment, is 70%.
The final examination for an 8 hour Survey consists of 20 multiple choice questions. The maximum time allowed for each question is one (1) minute. The minimum passing score, per segment, is 70%.
In the event the student does not pass the first final examination, a second final examination must be taken and passed. In the event the student does not pass the second final examination, the entire course must be repeated.
The students are assisted by live Telephone Advisors. The final examinations will be enabled once the minimum state required time frame and incremental assessments have been satisfied. Students are required to provide state approved identification and log in using unique usernames and passwords. The final examinations are not printable or downloadable and will automatically time out after the mandated time limit. No reading material is downloadable or printable. Students will receive no tangible product for any Continuing Education courses. No tangible products are offered for sale; including written or recorded materials.
Day 1 5 - 3 Hour Course Quizzes.
Day 2 5 - 3 Hour Course Final Examination.
Day 3 Legal Aspects of Real Estate 75 Questions Quiz 1-75.
Day 4 Legal Aspects of Real Estate 75 Questions Quiz 76-150.
Day 5 Legal Aspects of Real Estate Final Examination 1a / 50 Questions.
Day 6 Legal Aspects of Real Estate Final Examination 1b / 50 Questions.
Maximum time to complete 45 Hours is one (1) year from the date of enrollment.
The final examinations are neither printable nor downloadable. The final examination segments will “time-out” after the allotted time has expired; the student is not allowed to continue working on the final examinations after the expiration of the allotted time. The time to complete the final examinations starts when the student first accesses the online final examinations. The only material that the student can use to complete an open-book final examination is the course materials that have been approved by DRE for that particular course. Executive Programs will provide glossary reference and text/outline subject location reference due to the open-book final examination format. However, Executive Programs cannot provide assistance to the student during the administration of the final examinations; each student must complete the final examinations by himself/herself. Executive Programs will instruct the student that they are required to spend the requisite number of study hours and of the DRE approved course material before taking the final examination segments.
ELECTRONIC STATEMENT OF IDENTIFICATION VERIFICATION - Section 3006 (o)
Upon enrollment, entering incremental assessments or beginning the final examination, the student must provide their unique user name, password and approved form of identification number. By doing so, they are agreeing to the following:
“By entering the following identification information, I am verifying under penalty of perjury I am the person enrolled in this course and taking the final examination.”
When the student completes their course requirements and prior to sending the Certificate of Completion for Continuing Education Courses, an Executive Programs Telephone Advisor will review their entire file to be certain all DRE rules and regulations were followed.
This school does not discriminate on the grounds of race, sex, age, handicap, and/or any federal or state law relative hereto.
Tuition includes all course service, online reading material and certification of course completion. You have eight (8) calendar days from the date of enrollment to cancel any and all agreements and charges. Cancellation must be made in writing. Students can fax, email or mail their written cancellation. The date of the fax, email or postmark will determine the date of cancellation. Cancellation will not be accepted on the ninth (9th) day. In addition to written cancellation within eight (8) days, students may not have undertaken any course work. Refunds will be promptly processed within 45 days of compliance with the above. Online Test Preparation, Virtual Crash Course, eZPass or Games will not be eligible for any refund. All education evaluations are good faith estimates made by Executive Programs Advisors based on information provided by prospective students. No guarantees or warranties are given concerning the accuracy of the evaluation. Additional course(s) or exchange of courses may be required upon final determination made by the California Department of Real Estate. This could result in additional tuition. Executive Programs Real Estate School is not a book retailer. The true object of the service is to provide online instruction and state approved online courses. Executive Programs has provision for cancellation and refund or transfer of registration. You may transfer fees to any other program offered by the school and/or transfer fees to another student at no additional charge.
“These courses are approved for continuing education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors, or lecturers.”
CONTINUING EDUCATION
- Day 1 5 - 3 Hour Course Quizzes.
- Day 2 5 - 3 Hour Course Final Examination.
- Day 3 Legal Aspects of Real Estate 75 Questions Quiz 1-75.
- Day 4 Legal Aspects of Real Estate 75 Questions Quiz 76-150.
- Day 5 Legal Aspects of Real Estate Final Examination 1a / 50 Questions.
- Day 6 Legal Aspects of Real Estate Final Examination 1b / 50 Questions.
- A maximum of two (2) computers maybe used during a Single Enrollment Period.
- If additional computers are detected, the user account will be deactivated and must be reset by Executive Programs Staff.
- The incremental assessment/quizzes must be completed before you may move forward to your final examination. You must complete the incremental assessments before a certificate of completion will be issued.
- You must pass your final examinations with 70%.
- In the event the student does not pass the first final examination, a second final examination must be taken and passed. In the event the student does not pass the second final examination, the entire course must be repeated.
- No more than a 15 hour final examination for Continuing Education may be completed in a 24 hour period.
- Reading material is provided online. Students are not allowed to download and/or print reading materials, incremental assessments/quizzes or final examinations. No written materials will be provided in a tangible format for Continuing Education.
- Your course will expire one (1) year from your date of enrollment.
- You have eight (8) calendar days from your date of enrollment to cancel your enrollment and receive a full refund.
- Your tuition must be paid in full before a Certificate of Completion will be issued. If you receive a free course with the purchase of any other course or program, all tuition must be paid before a Certificate of Completion for any will be issued.
- Tuition must be paid for all programs, courses or products before any Certificate of Professional Achievement will be issued for any course.
Additional Rules and Regulations can be found at www.eprealestateschool.com.
The DRE has a Course & Instructor Evaluation available on their website at www.secure.dre.ca.gov/pdr/re318a/pdf
|