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All broker classes
available
classroom or home study!
Brokerage Administration
Mandatory Course
Illinois Course License # 113-000148
Brokerage Administration covers the different types of
brokerage, broker responsibilities, record and account management, Illinois
agency, contractual relationships, legal and ethical responsibilities or brokers
and agents, Illinois Real Estate License Act of 2000, administrative rules, and
education.
Contracts & Conveyances
Mandatory Course
Illinois Course License # 113-000144
Contracts and Conveyances consists of instruction in basic law, contract law, real
estate contracts, remedies for default, deeds, fixtures, real estate closings and escrow,
title transfer, foreclosure and redemption, land use controls, landlord/tenant
relationships, cooperatives and condominiums, leases, taxes and assessments, mortgages and
notes, and real estate investment.
Real Estate Appraisal
Elective Course
Illinois Course License # 113-000146
Real Estate Appraisal includes instruction in the appraisal process, principles of real
estate valuation, residential construction, the sales comparison approach, the cost and
income approach, land valuation, depreciation, economic trends, correlation,
reconciliation, report writing, and appraisal math.
Real Estate Finance
Elective Course
Illinois Course License # 113-000147
Real Estate Finance consists of instruction in types of financing, sources of
financing, mortgages, mortgage documents, promissory notes, trust deeds, underwriting,
closing a mortgage, interest liens, foreclosure, insurance, mortgage risk, principles of
property value for mortgage credit, mortgage analysis, construction loans and types of
mortgages, VA/FHA loan programs, equal credit and community reinvestment, lending
practices, and finance math.
Advanced Principles
Elective Course
Illinois Course License # 113-000186
Advanced Principles consists of instruction in Illinois real estate law, Illinois real
estate licensing law, administrative rules, agency, fiduciary rights and
obligations, broker/agent relationships, Illinois designated agency, dual
agency, ministerial acts, confidentiality, legal and ethical responsibility of
brokers and agents, disclosure, environmental issues, i.e. radon, asbestos,
lead, lead based paint hazards, water contamination, formaldehyde, underground
storage tanks.
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