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Course Description

This course fulfills the annual CE credit as mandated by the NCREC. The commission changes the subject matter of this course each year.

 

Course Outline

1. Introduction  

  • Section 1
  • Section 2
  • Section 3

2. Revised Rules  

  • Seller Agent/Subagent Disclosure
  • First Substantial Contact
  • Dual Agency

3. Practical Application of Agency Rules  

  • Working with the Seller
  • Working with the Buyer
  • Dual Agency

4. Home Inspector Licensure  

  • Definitions
  • Duties of Home Inspectors
  • Limitations on Scope of Inspections
  • Items/Systems Inspection and Reporting Requirements
  • Home Inspectors' Code of Ethics

5. Home Inspection Clauses in Purchase Contracts

6. Sources of Potential Problems  

  • Differing Standards
  • Variance in Inspection Reports
  • Examples

7. Revisions to "Agents' Responsibility" Section of the NC Real Estate Commission's Residential Square Footage Guidelines.

  • Basic Competency Standard Expected
  • Degree of Accuracy Required
  • Agents' Responsibility to Personally Measure and Derive Square Footage
  • Reliance on Square Footage Reported by Other Persons - General & Qualified Professionals

Learner Outcomes

Upon completion of this course, the student should have a clear understanding of the following:

  • Agency disclosures and relationships in compliance with the Rules in their brokerage practice revised effective July 1, 2001.
  • Rules governing home inspectors and what they are and are not required to observe and report.
  • What is included and excluded in particular inspection/repair provisions of the purchase contract used by the parties in a given transaction.
  • Limitations of and remedies under the applicable inspection/repair clause in a given contract.
  • A real estate agent's responsibility for determining and reporting square footage under the Commission's Residential Square Footage Guidelines.

Notes

Method of Instruction - Lecture, Discussion

Class Materials provided by the Instructor

 

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Section Title
Mandatory Real Estate Update (CE)
FIS ID
322539
Type
Online, Synchronous
Days
T
Time
5:30PM to 9:30PM
Dates
Jun 04, 2024
Schedule and Location
View Details
Contact Hours
4.0
Location
  • Central Campus / CPCC
Delivery Options
CLASS  
Course Fee(s)
Tuition non-credit $55.00
CEUs
0.4 CEUs
Drop Request Deadline
Jun 03, 2024
Transfer Request Deadline
Jun 03, 2024
Instructors
  • Cynthia Williams
Section Notes

Students, click on the links below regarding very important information. Do not wait until the last minute to do this.
Activate MY CPCC email (due before 1st day of class)
Course Requirements (review & practice before 1st day of class)
CCE Refund policy

Your textbook is part of your tuition. You will receive the WebEx link a few days before your class starts.

 

Section Materials
  • Course booklet (Mandatory)
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