Core Course A _License Law, Agency & Escrow
3 hours core
Illinois Course License #564-000813
Also available home study
The Illinois Department of Financial and Professional Regulation (IDFPR)
requires every licensee to take both Core A and Core B.
The course deals with agency and typical situations that an agent will find
him/herself in and the agency requirements of those situations. Some of the
mechanics of escrow accounts are presented with emphasis on the handling of
funds, along with maintaining and disbursement of funds. Violations of the Real
Estate License Act are reviewed and discussion of sponsoring brokers and the
sponsoring broker's supervisory requirements.
Core Course B -Legal Issues
3 hours core
Illinois Course License #564-000815
Also available home study
The Illinois Department of Financial and Professional Regulation (IDFPR)
requires every licensee to take both Core A and Core B.
Core B deals with the licensee's issues, anti-trust violations, flood plains
and flood insurance, handling of stigmatized properties, RESPA, Do-Not-Call,
Can-Spam Act, lead hazards and more.
Core Course B - Broker Responsibilities
3 hours core
Illinois Course License #564-001957
Also available home study
The Illinois Department of Financial and Professional Regulation (IDFPR)
requires every licensee to take both Core A and Core B.
Core B deals with the management of other licensees.
It is a good course for both Broker and Broker Managers. Covered
are many agency issues,Do-Not-Call,
Can-Spam Act, lead hazards and more. It is also taught as a
review for the Broker and Managing Broker proficiency tests.
Elective Subject Areas - 3 hours each
Understanding Leases
3 hours elective credit
Illinois Course License #564-001881
Only available home study
The student will review the subject of leases and learn basic lease law as it
pertains both to common law and specific state statute. Many licensees need to
discuss lease basics with their clients on a daily basis. These basics are
essential to any lease. They are important whether representing the lessor or
the lessee. Leases will be discussed in detail. Although there are numerous
kinds of real estate leases, a licensee will probably have most of his dealings
with simple commercial or residential leases. For leases more complicated than
these, the student will be encouraged to have their clients engage an attorney.
Finally, they will learn to avoid problems with inadequate leases..
You've Got A Deal! - Understanding Real
Estate Contracts
3 hours elective credit
Illinois Course License #564-001878
Only available home study
The student will review basic contract law that
students were introduced to prior to their licensing exams. Although students do
not need to discuss contract basics with their clients on a regular basis, these
basics become very important if a real estate contract doesn't close. Real
estate sales contracts will be discussed in detail. Although there are numerous
kinds of real estate contracts, a licensee will probably have most of his
dealings with the sales contract. Not only will they learn to fill-in the sales
contract properly, they will learn to explain it to their clients without
engaging in the practice of law. Finally, they will learn to avoid problems with
the real estate contract itself.
Financing and the Real Estate
Transaction
3 hours elective credit
Illinois Course License #564-001892
Only available classroom
The course covers the various differences between conventional, FHA insured
financing and non-conforming financing that are involved in real estate
transactions. The Illinois licensee will have a better understanding of the
financing process and the importance of subtle and not so subtle differences
between the types of financing. The various documents used in the closing
process will be discussed.
Disclosure - Sold today. Sued
tomorrow!
3 hours elective credit
Illinois Course License #564-000571
Only available classroom
One of our most popular courses, this course provides examples of different kinds of
misrepresentation. Effective handling of stigmatized properties and the advantages of
seller disclosure will be explained. Illinois residential disclosures and lead-based paint
disclosure requirements will be reviewed. Disclosure of a licensee’s real estate
license status will be presented. Most importantly, the course will focus on how to avoid
a misrepresentation law suit.
Red Flags in Property Inspection
3 hours elective credit
Illinois Course License #564-001015
Available classroom and home study.
This course covers the red flags that reveal serious and some not so serious
defects in a property. The course will train agents to help their clients in
evaluating the soundness of a property, while staying within the scope of their
license. The course will also point out to agents that although red flags are
obvious, the causes for the defect may not be. The course will reveal who to
contact for advice in various red flags.
Ethics and Real Estate
3 hours elective credit
Illinois Course License #564-001014
Available home study
only
Course deals with ethics and the real estate licensee. This course will
provide a background in ethics and the ethical thought process. The class will
present case studies portraying ethical dilemmas real estate licensees may find
themselves in. Class will consist of an introduction, lecture and case studies.
Fair Housing
3 hours elective credit
Illinois Course License #564-001385
Only available home study
This course covers fair housing on the federal, state,
county and local level. Included is the text of the Civil Rights Act of 1968,
which as far as legislation goes, is quite explanatory itself. The student will
learn the protected classes on each of the levels of government and will learn
the practices expressly prohibited by law at each of these levels of government.
