What I Wish I Knew in Real Estate

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Many issues that affect licensees and the transfer of a real estate in Arizona are governed by the statutes contained in ARS (Arizona Revised Statutes). There are numerous statutes and rules that affect the transfer of the real estate, as well as landlord-tenant rights and obligations, property management, the activities of licensees, and the real estate commissioner’s right to revoke a license. In this course, we will review the legal aspects of the law and Do’s and Dont’s of real estate.

3 Hrs Legal Issues

 

Lessons

2. A Buyer’s Right – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson A Buyer’s Right to Rescind a Real Estate Purchase Due to Seller’s Failure to File a Proper Affidavit of Disclosure Is Limited Real estate brokers and attorneys alike have previously…A Buyer’s Right to Rescind a Real Estate Purchase Due to Seller’s Failure to File a Proper Affidavit of Disclosure Is Limited […]

3. FAQs on the Affidavit – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson Pursuant to A.R.S. § 33-422 (the “Statute”)[1]: A. A seller of five or fewer parcels of land, other than subdivided land, in an unincorporated area of a county and any subsequent…Pursuant to A.R.S. § 33-422 (the “Statute”)[1]: A. A seller of five or fewer parcels of land, other than subdivided land, in an […]

4. Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson All Information on this page is from the Arizona Association Of Realtors  Legal Hotline Click here  Buyer Cannot Waive the Requirement of Affidavit of Disclosure ISSUE: The seller has an…All Information on this page is from the Arizona Association Of Realtors  Legal Hotline Click here  Buyer Cannot Waive the Requirement of […]

6 – Landlord & Tenant Act – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson The Arizona Residential Landlord and Tenant Act (ARLTA). This act was designed to protect both landlord and tenant and to outline both rights and obligations for each party.  ARLTA is…The Arizona Residential Landlord and Tenant Act (ARLTA). This act was designed to protect both landlord and tenant and to outline both […]

7 – Leasing & Property Management – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson A lease is a valuable interest in real property. Single-family homes, apartments, and mobile homes are leased as residences. Business offices, retail outlets, industrial buildings, and agricultural land are leased…A lease is a valuable interest in real property. Single-family homes, apartments, and mobile homes are leased as residences. Business offices, retail […]

8 – Landlords Can Serve Multiple Notices – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson The Arizona Residential Landlord and Tenant Act provide for a variety of notices for residents who violate their lease or community rules and regulations.  However, landlords can serve multiple notices…The Arizona Residential Landlord and Tenant Act provide for a variety of notices for residents who violate their lease or community rules […]

9 – Scenarios – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson Scenario #1, the tenant vacates before the expiration of the lease term. If the tenant does so, once the landlord has determined that the tenant has abandoned the property, the…Scenario #1, the tenant vacates before the expiration of the lease term. If the tenant does so, once the landlord has determined […]

10 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal

Length: 7 minutesComplexity: Standard

🔊 Listen to Lesson All Information on this page is from the Arizona Association of Realtors  Legal Hotline Click here  Arizona Residential Landlord and Tenant Act Has Fire Exception FACTS: A tenant in northern…All Information on this page is from the Arizona Association of Realtors  Legal Hotline Click here  Arizona Residential Landlord and Tenant Act […]

12 – Drug Labs – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson Let’s talk about Clandestine Drug Labs, commonly known as Meth Labs. These are properties where illegal drugs have been manufactured and/or sold, and in most cases, the property contains toxic waste…Let’s talk about Clandestine Drug Labs, commonly known as Meth Labs. These are properties where illegal drugs have been manufactured and/or sold, and […]

13 – Characteristics of a LAB – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson A house or other structure currently containing a meth lab, or one that has been the site of a previous meth lab, usually has one or more of the following…A house or other structure currently containing a meth lab, or one that has been the site of a previous meth lab, […]

14 – Property Manager – What I Wish I Knew in Real Estate Legal

Length: 7 minutesComplexity: Standard

🔊 Listen to Lesson We will now address the issue of property management and look at what the rules are regarding PM under the Arizona statutes. As the number of rentals has soared over…We will now address the issue of property management and look at what the rules are regarding PM under the Arizona statutes. […]

15 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here  Disclosure not required for possession of drugs in the home ISSUE: The Seller was…All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here  Disclosure not required for possession of […]

17 – Definition of Deed of Trust – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson When you take out a loan to purchase a home, you will either sign a mortgage or a deed of trust. These terms may often be used interchangeably.   If you…When you take out a loan to purchase a home, you will either sign a mortgage or a deed of trust. These […]

18 – Deed of Trust – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson A deed of trust (or trust deed) is the common method of securing a lien against a property in Arizona. While we commonly use the term “mortgage” when we talk…A deed of trust (or trust deed) is the common method of securing a lien against a property in Arizona. While we […]

19 – ARS 33-808 – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson ARS 33-808, sets out the rules for the content of the notice of foreclosure, the timing of the notice, the publication and posting (on the property) of the notice, and…ARS 33-808, sets out the rules for the content of the notice of foreclosure, the timing of the notice, the publication and […]

20 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal

Length: 6 minutesComplexity: Standard

🔊 Listen to Lesson All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here  Tenant Is Contractually Obligated to Pay Rent Despite Notice of Trustee’s Sale FACTS: Shortly…All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here  Tenant Is Contractually Obligated to Pay […]

22 – Septic Tanks – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson Septic Tanks are more commonplace in Arizona than most people think. Even today, with the explosive growth of development, and as fast as development moves away from the incorporated cities,…Septic Tanks are more commonplace in Arizona than most people think. Even today, with the explosive growth of development, and as fast […]

23-HOA-What I Wish I Knew In Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson The current HOA Addendum from AAR was developed during 2014 and issued in February 2015. The completion, timing, and information on the addendum was completely changed at that time. While…The current HOA Addendum from AAR was developed during 2014 and issued in February 2015. The completion, timing, and information on the […]

24 – Mobile/Manufactured Homes – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson One type of property that real estate agents often want to list and sell is mobile or manufactured homes. They are prevalent in Arizona and offer cost savings and efficiency…One type of property that real estate agents often want to list and sell is mobile or manufactured homes. They are prevalent […]

25 – Mobile Homes by Real Estate Brokers – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson The Sale of Manufactured & Mobile Homes by Real Estate Brokers An ADOH license is generally required to sell manufactured/mobile homes Generally, a license issued by the Office of Administration…The Sale of Manufactured & Mobile Homes by Real Estate Brokers An ADOH license is generally required to sell manufactured/mobile homes Generally, […]

26 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here  Septic Tank Certification May Not Be Required FACTS: A year ago the seller purchased…All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here  Septic Tank Certification May Not Be […]

28 – Avoid the Danger Zone – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson Prospecting? Avoid These Danger Zones When it comes to obtaining new clients, real estate agents are at the top of their game. But, there are several commonly used prospecting tactics…Prospecting? Avoid These Danger Zones When it comes to obtaining new clients, real estate agents are at the top of their game. […]

29 – Advertising Rules – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson The Advertising of Real Property is Regulated by Law: Arizona real estate law defines “advertising” as: the attempt by publication, dissemination, exhibition, solicitation or circulation, oral or written, or for…The Advertising of Real Property is Regulated by Law: Arizona real estate law defines “advertising” as: the attempt by publication, dissemination, exhibition, […]

30 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal

Length: 5 minutesComplexity: Standard

🔊 Listen to Lesson All Information on this page is from the Arizona Association of Realtors  Legal Hotline Click here  Advertising Must Identify the Brokerage Involved FACTS: The brokerage contracts with a broker who…All Information on this page is from the Arizona Association of Realtors  Legal Hotline Click here  Advertising Must Identify the Brokerage Involved […]

31 – Good Funds – What I Wish I Knew in Real Estate Legal

Length: 4 minutesComplexity: Standard

🔊 Listen to Lesson Is there a specific statute in Arizona that tells a licensee how they could lose their license? Yes, there is a statute in Arizona that empowers the real estate commissioner…Is there a specific statute in Arizona that tells a licensee how they could lose their license? Yes, there is a statute […]

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