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 Sales Pre Licensing Modules Minimize

Real Estate Pre-Licensing

New Licensees - Sales

 

 

Module 1

Property Law, Public & Private Rights & Limitations-64.063.(c)3

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Real and Personal Property Characteristics

List Real and Personal Property Characteristics

Concepts of Real Estate

Identify Concepts of Real Estate

Legal Descriptions, Definitions of Real Estate Terms

Differentiate Legal Descriptions, Definitions of Real Estate Terms

Real Estate Economic Principles

Match Real Estate Economic Principles to Opportunities

Real Estate Rights and Restrictions

List Real Estate Rights and Restrictions

Bundle of Rights

Define the Bundle of Rights

Government Rights and Powers

Select Government Rights and Powers

Easements and Liens

Describe Different Easements and Liens

 

Module 2 

 

Forms of Ownership & Common Interest-64.063.(c)2

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

 

Types of Estates

List Types of Estates

Freehold Estates

Identify Freehold Estates

Life Estates

Differentiate Life Estates

Leasehold Estate Characteristics

Apply Leasehold Estate Characteristics

Types of Ownership

List Types of Ownership

Fee Simple

Describe Characteristics of Fee Simple

Joint Ownership

Select Different Forms of Joint Ownership

Common Interest Ownership and Associations

Identify Requirements of Common Interest Ownership & Associations

Other Business Ownership

List Different Types of Business Ownership

 

Module 3

Licensee Relationships-Disclosure-Conflict of Interest-64.063.(c)1

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Licensee Relationships

List Licensee Relationships, Customer and Client Duties

Alaska Law Relationship Differences & Considerations

Differentiate Alaska Law Relationship Differences & Considerations

Brokerage Responsibilities and Policies

Identify Brokerage Responsibilities and Policies

Disclosure

Describe Different Disclosures

Conflicts of Interest, Procedures and Security

List Conflicts of Interest, Procedures and Security

 

Module 4

Contracts and Transaction Documents-64.063.(c)5

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Employment and Listing Agreements

Identify Requirements of Employment and Listing Agreements

Contract Creation, Compensation and Liabilities

List Contract Creation, Compensation and Liabilities

Types of Agreements

Describe Characteristics of Types of Agreements

Contents of Agreements

Differentiate Contents of Agreements

Real Estate Contract Considerations.

List Real Estate Contracts.

Types of Real Estate Contracts

Define Uses for Types of Real Estate Contracts

Essentials for Valid Contracts

Select Essentials for Valid Contracts

Contract Elements and Provisions

Identify Elements and Provisions of Contracts

Remedies Upon Breach of Contract

List Remedies Upon Breach of Contract

Earnest Money Agreements

Describe Different Earnest Money Agreements

Types of Earnest Money Agreements

Differentiate Types of Earnest Money Agreements

Useful Principles Writing the Agreement

Apply Useful Principles Writing the Agreement

Right and Duty of Inspection Considerations

List Right and Duty of Inspection Considerations

 

Module 5

Forms of Conveyances and Recording-64.063.(c)4

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Transfer of Title

Identify Requirements for Transfer of Title

History and Methods of Title Transfer

List History and Methods of Title Transfer

Deed Requirements

Define Deed Requirements

Types of Deeds

Select Types of Deeds

 

Module 6

Finance Instruments & Accounting Principles-64.063.(c)2

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Documenting Financing Arrangements

Identify Requirements of Documenting Financing Arrangements

Deeds of Trust, Mortgages, Contract for Deed & Notes

Select Deeds of Trust, Mortgages, Contract for Deed, and Notes

Note and Deed of Trust Provisions

Name requirements for Note and Deed of Trust Provisions

Judicial / Non Judicial Foreclosure Differences

List Judicial / Non Judicial Foreclosure Differences

Mortgage Money Sources

Identify Mortgage Money Sources

Primary and Secondary Mortgage Markets

Differentiate Primary and Secondary Mortgage Markets

Financing -- Risk -- Evaluation and Pricing

Analyze Financing -- Risk -- Evaluation and Pricing

Types of Assumptions

Apply Different Types of Assumptions

Points and Fees

Calculate Points and Fees

Types of First Mortgages

Identify Requirements of Types of First Mortgages

ARMS - Fixed Rate and Other Types of Mortgages

List ARMS - Fixed Rate and Other Types of Mortgages

Accounting Principles Community Associations

Match Accounting Principles Community Associations

Requirements to Complete a Real Estate Transaction

Write Requirements to Complete a Real Estate Transaction

Settlement Statements and Proration Calculations

Apply Settlement Statements and Proration Calculations

 

Module 7

Fair Housing and RESPA-64.063.(c)8

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Fair Housing Violations

Identify Fair Housing Violations

Federal Fair Housing Laws

Differentiate Federal Fair Housing Laws

History of Fair Housing

List History of Fair Housing Legislation

Fair Housing Amendments Act of 1988

Differentiate Fair Housing Amendments Act of 1988

Documentation Procedures

Draft Documentation Procedures

RESPA and Other Federal Regulations  

Match RESPA and Other Federal Regulations  

Regulation Z and Other Federal Acts

Identify Requirements of Regulation Z and Other Federal Acts

 

Module 8

Alaska Real Estate License Law-64.063.(c)7

Segment Discussion:

Learning Objective:
What will the attendee be able to do after the course

Alaska Real Estate Statutes and Regulations

List Key Alaska Real Estate Statutes and Regulations

Licensing and Examinations Requirements

Identify Licensing and Examination Requirements

Business and Conduct

Differentiate Good and Bad Business Conduct

Education and General Provisions

Apply Education and General Provisions

Surety Fund Claims

Describe the Process for Surety Fund Claims

Alaska Real Estate Commission Structure

Write Down the Alaska Real Estate Commission Structure

Alaska Landlord Tenant Law Sections

Match Alaska Landlord Tenant Law Sections

Evictions

Identify Requirements of Evictions

Trust Accounting

List Procedures for Trust Accounting

Duties and Requirements of Real Estate Licensees

Identify Duties and Requirements of Real Estate Licensees

Other Alaska Laws Impacting Real Estate

List Other Alaska Laws Impacting Real Estate


    
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