Online Sales Associate Course 2023

Unit 1 – THE REAL ESTATE BUSINESS
7 Topics | 7 Quizzes
Administrative Matters and Course Overview
Course Information: Practice Activities
Topic 1.1: Introduction to the Real Estate Business
Topic 1.1: Practice Activities
Topic 1.2: Real Estate Brokerage
Topic 1.2: Practice Activities
Topic 1.3: Development and Construction
Topic 1.3: Practice Activities
Topic 1.4: The Role of Government
Topic 1.4: Practice Activities
Topic 1.5: Professional Organizations
Topic 1.5: Practice Activities
Unit 1: Key Points
Unit 1 Practice Exam
Unit 2 – REAL ESTATE LICENSE LAW AND QUALIFICATIONS FOR LICENSURE
12 Topics | 12 Quizzes
Topic 2.1: History and Objectives of Real Estate License Laws
Topic 2.1: Practice Activities
Topic 2.2: License Categories
Topic 2.2: Practice Activities
Topic 2.3: General Licensure Provisions
Topic 2.3: Practice Activities
Topic 2.4: Application Requirements
Topic 2.4: Practice Activities
Topic 2.5: Sales Associate License Requirements
Topic 2.5: Practice Activities
Topic 2.6: Broker License Requirements
Topic 2.6: Practice Activities
Topic 2.7: Mutual Recognition Agreements with Other States
Topic 2.7: Practice Activities
Topic 2.8: Information Included on the Real Estate License
Topic 2.8: Practice Activities
Topic 2.9: Registration vs Licensure
Topic 2.9: Practice Activities
Topic 2.10: License Renewal Education
Topic 2.10: Practice Activities
Topic 2.11: Real Estate Services
Topic 2.11: Practice Activities
Unit 2: Key Points
Unit 2 Practice Exam
UNIT 3—THE REAL ESTATE LICENSE LAW AND COMMISSION RULES
5 Topics | 4 Quizzes
Topic 3.1: The Department of Business and Professional Regulation (DBPR)
Topic 3.1: Practice Activities
Topic 3.2: Division of Real Estate
Topic 3.3: The Florida Real Estate Commission
Topic 3.3: Practice Activities
Topic 3.4: License Renewal and License Status
Topic 3.4: Practice Activities
Unit 3: Key Points
Unit 3 Practice Exam
UNIT 4—BROKERAGE RELATIONSHIPS, DUTIES AND DISCLOSURE
10 Topics | 9 Quizzes
Topic 4.1: The Concept of Agency
Topic 4.1: Practice Activities
Topic 4.2: Disclosure Requirements
Topic 4.2: Practice Activities
Topic 4.3: Authorized Brokerage Relationships
Topic 4.3: Practice Activities
Topic 4.4: Nonrepresentation
Topic 4.4: Practice Activities
Topic 4.5: Single Agent Relationship
Topic 4.5: Practice Activities
Topic 4.6: Transaction Broker Relationship
Topic 4.6: Practice Activities
Topic 4.7: Designated Sales Associate
Topic 4.7: Practice Activities
Topic 4.8: Record Keeping and Retention
Topic 4.8: Practice Activities
Topic 4.9: Terminating a Brokerage Relationship
Unit 4: Key Points
Unit 4: Practice Exam
UNIT 5—REAL ESTATE BROKERAGE ACTIVITIES
13 Topics | 12 Quizzes
Topic 5.1: Brokerage offices
Topic 5.1: Practice Activities
Topic 5.2: Guidelines for Advertising
Topic 5.2: Practice Activities
Topic 5.3: Escrow (Trust) Accounts
Topic 5.3: Practice Activities
Topic 5.4: Notice and Settlement Procedures
Topic 5.4: Practice Activities
Topic 5.5: Rental Lists and Rental Companies
Topic 5.5: Practice Activities
Topic 5.6: Brokers and Sales Associates Are Experts
Topic 5.7: Broker’s Commission
Topic 5.7: Practice Activities
Topic 5.8: Other Laws Regulating the Practice of Real Estate
Topic 5.8: Practice Activities
Topic 5.9: Entities That May Register As Brokerage Firms
Topic 5.9: Practice Activities
Topic 5.10: Entities That May Not Register as A Brokerage Firm
Topic 5.10: Practice Activities
Topic 5.11: Trade Names
Topic 5.11: Practice Activities
Topic 5.12: Personal Assistants
Topic 5.12: Practice Activities
Unit 5: Key Points
Unit 5 Practice Exam
Unit 6—VIOLATIONS OF LICENSE LAW, PENALTIES AND PROCEDURES
4 Topics | 4 Quizzes
Topic 6.1: Disciplinary Procedures
Topic 6.1: Practice Activities
Topic 6.2: Administrative Penalties
Topic 6.2: Practice Activities
Topic 6.3: Real Estate Recovery Fund
Topic 6.3: Practice Activities
Unit 6: Key Points
Unit 6 Practice Exam
Unit 7—FEDERAL AND STATE LAWS PERTAINING TO REAL ESTATE
4 Topics | 4 Quizzes
Topic 7.1: Fair Housing Laws
Topic 7.1: Practice Activities
Topic 7.2: Other Federal Laws
Topic 7.2: Practice Activities
Topic 7.3: Florida Residential Landlord and Tenant Act
Topic 7.3: Practice Activities
Unit 7: Key Points
Unit 7 Practice Exam
UNIT 8 – PROPERTY RIGHTS: ESTATES AND TENANCIES; CONDOMINIUMS, COOPERATIVES, HOMEOWNER ASSOCIATIONS, AND TIME-SHARING
10 Topics | 10 Quizzes
Topic 8.1: Land, Real Estate, and Real Property
Topic 8.1: Practice Activities
Topic 8.2: Real vs. Personal Property
Topic 8.2: Practice Activities
Topic 8.3: Basic Property Rights
Topic 8.3: Practice Activities
Topic 8.4: Estates
Topic 8.4: Practice Activities
Topic 8.5: Types of Ownership
Topic 8.5: Practice Activities
Topic 8.6: Leasehold (Nonfreehold) Estates
Topic 8.6: Practice Activities
Topic 8.7: Cooperatives
Topic 8.7: Practice Activities
Topic 8.8: Condominiums
Topic 8.8: Practice Activities
Topic 8.9: Time-Sharing
Topic 8.9: Practice Activities
Unit 8: Key Points
Unit 8 Practice Exam
UNIT 9 – TITLE, DEEDS AND OWNERSHIP RESTRICTIONS
7 Topics | 7 Quizzes
Topic 9.1: Concept of Title
Topic 9.1 Practice Activities
Topic 9.2: Methods of Transferring Real Property
Topic 9.2: Practice Activities
Topic 9.3: Notice to Legal Title
Topic 9.3: Practice Activities
Topic 9.4: Protection of Title
Topic 9.4: Practice Activities
Topic 9.5: Deeds
Topic 9.5: Practice Activities
Topic 9.6: Ownership Limitations and Restrictions
Topic 9.6: Practice Activities
Unit 9: Key Points
Unit 9 Practice Exam
Unit 10—LEGAL DESCRIPTIONS
6 Topics | 5 Quizzes
Topic 10.1: Purposes of Surveys and Legal Descriptions
Topic 10.1: Practice Activities
Topic 10.2: Metes and Bounds
Topic 10.2: Practice Activities
Topic 10.3: Government Survey System
Topic 10.3: Practice Activities
Topic 10.4: Lot and Block Method
Topic 10.4: Practice Activities
Topic 10.5: Tax Assessor Maps
Unit 10: Key Points
Unit 10 Practice Exam
Unit 11—REAL ESTATE CONTRACTS
11 Topics | 10 Quizzes
Topic 11.1: Contracts in General
Topic 11.1: Practice Activities
Topic 11.2: Essentials of a Contract
Topic 11.2: Practice Activities
Topic 11.3: Classification of Contracts
Topic 11.3: Practice Activities
Topic 11.4: Contract Negotiation
Topic 11.4: Practice Activities
Topic 11.5: Termination of Contracts
Topic 11.5: Practice Activities
Topic 11.6: Breach of Contract
Topic 11.6: Practice Activities
Contracts Important to Real Estate
Topic 11.7: Listing Contracts
Topic 11.7: Practice Activities
Topic 11.8: Sales Contracts
Topic 11.8: Practice Activities
Topic 11.9: Options, Procuring Cause, and Negligence
Topic 11.9: Practice Activities
Unit 11: Key Points
Unit 11 Practice Exam
Unit 12—RESIDENTIAL MORTGAGES
8 Topics | 7 Quizzes
Topic 12.1: Mortgage concepts
Topic 12.1: Practice Activities
Topic 12.2: Essential Elements of the Mortgage
Topic 12.2: Practice Activities
Topic 12.3: Common mortgage features
Topic 12.3: Practice Activities
Topic 12.4: Assignment of the mortgage
Topic 12.4: Practice Activities
Topic 12.5: Methods of Purchasing Mortgaged Property Encumbered by an Existing Loan
Topic 12.5: Practice Activities
Topic 12.6: Land Development Loans and Construction Loans
Topic 12.7: Default
Topic 12.7: Practice Activities
Unit 12: Key Points
Unit 12 Practice Exam
Unit 13—TYPES OF MORTGAGES AND SOURCES OF FINANCING
11 Topics | 11 Quizzes
Topic 13.1: Qualifying for a Loan
Topic 13.1: Practice Activities
Topic 13.2: Conventional mortgages
Topic 13.2: Practice Activities
Topic 13.3: Common Types of Mortgages
Topic 13.3: Practice Activities
Topic 13.4: Custom mortgages
Topic 13.4: Practice Activities
Topic 13.5: Government Insured FHA Program
Topic 13.5: Practice Activities
Topic 13.6: VA Loan Guarantee Program
Topic 13.6: Practice Activities
Topic 13.7: Primary Mortgage Market
Topic 13.7: Practice Activities
Topic 13.8: Secondary Mortgage Market
Topic 13.8: Practice Activities
Topic 13.9: Mortgage Fraud
Topic 13.9: Practice Activities
Topic 13.10: Laws Regarding Fair Credit and Lending Procedures
Topic 13.10: Practice Activities
Unit 13: Key Points
Unit 13 Practice Exam
UNIT 14—REAL ESTATE RELATED COMPUTATIONS AND CLOSING OF TRANSACTIONS
8 Topics | 8 Quizzes
Topic 14.1: Basic Real Estate Computations
Topic 14.1: Practice Activities
Topic 14.2: Preliminary steps to a closing
Topic 14.2: Practice Activities
Topic 14.3: Prorated Expenses
Topic 14.3: Practice Activities
Topic 14.4: State Transfer Taxes
Topic 14.4: Practice Activities
Topic 14.5: Other Charges
Topic 14.5: Practice Activities
Topic 14.6: General Rules for Debits and Credits
Topic 14.6: Practice Activities
Topic 14.7: Closing Disclosure
Topic 14.7: Practice Activities
Unit 14: Key Points
Unit 14 Practice Exam
Unit 15—THE REAL ESTATE MARKETS AND ANALYSIS
3 Topics | 3 Quizzes
Topic 15.1: Physical Characteristics of Real Estate
Topic 15.1: Practice Activities
Topic 15.2: Economic Characteristics of Real Estate
Topic 15.2: Practice Activities
Unit 15: Key Points
Unit 15 Practice Exam
Unit 16—REAL ESTATE APPRAISAL
6 Topics | 6 Quizzes
Topic 16.1: Regulation of Appraising – FIRREA
Topic 16.1: Practice Activities
Topic 16.2: Concept of Value
Topic 16.2: Practice Activities
Topic 16.3: Principles of Value
Topic 16.3: Practice Activities
Topic 16.4: Introduction to the Three Approaches to Value
Topic 16.4: Practice Activities
Topic 16.5: Preparing a Comparative Market Analysis (CMA)
Topic 16.5: Practice Activities
Unit 16: Key Points
Unit 16 Practice Exam
Unit 17—REAL ESTATE INVESTMENTS AND BUSINESS OPPORTUNITY BROKERAGE
7 Topics | 7 Quizzes
Topic 17.1: Investment Real Estate Terminology
Topic 17.1: Practice Activities
Topic 17.2: Types of Investments
Topic 17.2: Practice Activities
Topic 17.3: Advantages of Real Estate Investments
Topic 17.3: Practice Activities
Topic 17.4: Disadvantages of Investing in Real Estate
Topic 17.4: Practice Activities
Topic 17.5: Assessment of Risk
Topic 17.5: Practice Activities
Topic 17.6: Nature of Business Brokerage
Topic 17.6: Practice Activities
Unit 17: Key Points
Unit 17 Practice Exam
Unit 18—TAXES AFFECTING REAL ESTATE
6 Topics | 6 Quizzes
Topic 18.1: Real Property Taxation
Topic 18.1: Practice Activities
Topic 18.2: Tax Districts, Budget, and Tax Rates
Topic 18.2: Practice Activities
Topic 18.3 Special Assessments
Topic 18.3: Practice Activities
Topic 18.4: Nonpayment of Real Property Taxes
Topic 18.4: Practice Activities
Topic 18.5: Federal Income Taxes
Topic 18.5: Practice Activities
Unit 18: Key Points
Unit 18 Practice Exam
Unit 19—PLANNING, ZONING AND ENVIRONMENTAL HAZARDS
9 Topics | 9 Quizzes
Topic 19.1: Planning and Zoning
Topic 19.1: Practice Activities
Topic 19.2: Local Planning Agency
Topic 19.2: Practice Activities
Topic 19.3: Florida’s Growth Policy and Community Planning Act (CPA)-Chapter 163, F.S.
Topic 19.3: Practice Activities
Topic 19.4: Zoning, land use restrictions and building codes
Topic 19.4: Practice Activities
Topic 19.5: Appeals and Exceptions
Topic 19.5: Practice Activities
Topic 19.6: Calculating the Number of Lots Available for Development
Topic 19.6: Practice Activities
Topic 19.7: Flood zones
Topic 19.7: Practice Activities
Topic 19.8: Indoor and outdoor environmental hazards
Topic 19.8: Practice Activities
Unit 19: Key Points
Unit 19 Practice Exam
Practice Real Estate Examination
63-Hour End-of-Course Exam #1
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Contracts Important to Real Estate

Online Sales Associate Course 2023 Unit 11—REAL ESTATE CONTRACTS Contracts Important to Real Estate

There are several contracts that are used by real estate brokers and sales associates in their professional practice

  • listing contracts,
  • sales contracts, and
  • option contracts.

These contracts will be covered in Topics 11.7, 11.8, and 11.9

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