Disclosure 101 What Do You Need to Know

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3 Hour’s Disclosure CE

Overview

“Disclosure 101: What Do You Need to Know” is a comprehensive 3-hour course designed for real estate professionals seeking to deepen their understanding of fair disclosure practices in real estate transactions. This course is essential for those looking to fulfill their Continuing Education requirements in Fair Disclosure. With the landscape of disclosure obligations undergoing significant changes over recent decades, this course aims to equip participants with the knowledge and tools necessary to navigate the complexities of modern real estate transactions effectively.

Course Objectives

Upon completion of this course, participants will:

  • Gain a thorough understanding of the broker’s disclosure obligations to their clients.
  • Learn the historical and legal precedents impacting disclosure requirements, including key cases like Easton v. Strassburger and Lombardo Court decisions.
  • Explore the implications of the Americans with Disabilities Act, latent defects, and the intricacies of selling homes where drug activity has occurred.
  • Understand the responsibilities of home buyers in the disclosure process.
  • Navigate the complexities of dealing with properties that have multiple offers, are located near sex offenders, or have issues with mold, septic tanks, and more.
  • Become familiar with ADRE rules and policies regarding providing information, including limited legal exemptions.
  • Address unique challenges such as affidavits of disclosure, flipped houses, and properties previously used as drug labs.

Key Topics

  • Broker’s Disclosure Obligations: Explore the full scope of a broker’s responsibility to their client, including ethical and legal requirements.
  • Legal Framework and Case Studies: Detailed analysis of pivotal legal cases and hotline Q&A highlights to understand the evolving nature of disclosure laws.
  • The Duty to Deal Fairly & Material Facts: Learn what constitutes a material fact and the importance of fairness in all transactions.
  • Special Considerations: Delve into specific scenarios like the Americans with Disabilities Act compliance, latent defects, and the challenges of properties with a history of drug activity.
  • Navigating Complex Situations: Strategies for handling multiple offers, proximity to sex offenders, and the implications of ADRE rules and policies.
  • Health and Safety Concerns: Insights into how to address questions about mold, septic tanks, and the unique challenges posed by flipped houses and drug labs.

Who Should Enroll

This course is ideal for real estate brokers, agents, and other professionals involved in real estate transactions who wish to enhance their understanding of disclosure obligations and protect themselves and their clients effectively.

Conclusion

“Disclosure 101: What Do You Need to Know” offers a robust curriculum designed to provide real estate professionals with the knowledge and skills needed to navigate the complexities of disclosure in real estate transactions. Through a blend of legal case studies, practical examples, and in-depth discussions, participants will leave this course prepared to manage disclosure obligations confidently and professionally. Enroll today to take the first step towards mastering the art and science of fair disclosure in real estate.

Lessons

31 – EPA – Disclosure 101 What Do You Need to Know

Length: 6 minutesComplexity: Standard

There are two historical dates/timeframes to look at. First, around 1975, the Environmental Protection Agency (EPA) determined that lead in two consumer products, gasoline and paint, was potentially hazardous to…

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