RLS-REX7601 - Real Estate Broker Pre-licensing

Course Description

This course is required to satisfy the educational requirements for a broker and is designed to prepare students to pass the real estate license examination administered by the NC Real Estate Commission. Topics include: basic real estate principles and practices, real estate laws, fiduciary relationships, law and contracts, financing, closing, valuation and fair housing.

Course Outline

Introduction & Course Overview
Basic Real Estate Concepts
Real Estate Math
Property Ownership & Interests
Encumbrances on Real Property
Property Description
Transfer of Title to Real Property
Land-Use Controls
Real Estate Brokerage and the Law of Agency
Agency Contracts
Basic Contract Law
Sales Contracts & Practices
Real Estate Financing Principles
Real Estate Financing Practices
Closing The Real Estate Transaction
Closing The Real Estate Transaction (Continued)
Real Estate License Law & Commission Rules
Real Property Valuation
Insurance
Landlord & Tenant
Property Management
Basic Residential Construction
Federal Income Taxation of Real Property Ownership
Fair Housing & Ethical Practices
Environmental Issues & The Real Estate Transaction
RELINC Booklet NCREC Laws & Rules

Learner Outcomes

1) to provide students basic knowledge and skills necessary for provisional Broker status.

2) to help students prepare for the NCREC real estate provisional broker license examination.

Notes

This course is fully online

Method of instruction - Online Lecture and assignments

Evaluation - 75% on Final Exam