What Really Matters Legal Issues
Course Description: What Really Matters – Legal Issues in Real Estate
3-Hours Legal CE
Overview
“What Really Matters – Legal Issues in Real Estate” is a comprehensive 3-hour course designed to provide real estate professionals with an in-depth understanding of the various legal issues surrounding environmental health and structural integrity in real estate transactions. The course emphasizes the importance of identifying environmental risks such as poor drinking water quality, radon exposure, lead-based paint hazards, mold, and mildew, and how these concerns can impact real estate transactions. Participants will learn about the legal implications, inspection processes, and management strategies to address these environmental issues effectively.
Objectives
- To highlight the significance of environmental health assessments alongside structural integrity in real estate.
- To educate on the environmental concerns that can affect properties, including water quality, radon, lead, and mold.
- To provide insights into the legal frameworks governing environmental issues in real estate.
- To offer guidance on conducting thorough environmental inspections and managing detected issues responsibly.
- To explore fraud, predatory lending, and ethics in real estate transactions, particularly in the context of REO (Real Estate Owned) properties.
Course Structure
- Introduction to Environmental Issues: Understanding water inspection, contaminants, and the importance of environmental health.
- Lead, Mercury, and Radon Inspection: Legal requirements, health implications, and remediation methods for these hazardous substances.
- Mold and Geologic Considerations: Identifying causes of mold, geologic risks, and conducting pool and structural inspections.
- Legal Issues and Fraud in Real Estate: Exploring foreclosure fraud, mortgage fraud, predatory lending, and their legal repercussions.
- Ethics and REO Transactions: Navigating the ethical considerations and realities of working with REO properties and understanding the legalities of land use, easements, and water rights.
Interactive Learning Components
- True/False and Multiple Choice Quizzes: To reinforce learning and assess understanding of each topic.
- Legal Hotline Q&A Sessions: Offering practical insights and solutions to common legal questions faced by real estate professionals.
- Comprehensive Section Exams: Testing knowledge and application of legal issues in real estate.
Who Should Attend
This course is essential for real estate agents, brokers, inspectors, and anyone involved in the real estate industry who seeks to deepen their understanding of the legal aspects of environmental issues and their impact on real estate transactions.
Learning Outcomes
Upon completing this course, participants will:
- Have a thorough understanding of the importance of environmental health assessments in real estate.
- Be knowledgeable about the legal requirements and best practices for addressing environmental concerns in properties.
- Be equipped to guide clients through the complexities of environmental issues in real estate transactions.
- Understand the legal implications of fraud and predatory practices in real estate and how to navigate them ethically and responsibly.
Conclusion
“What Really Matters – Legal Issues in Real Estate” offers real estate professionals the knowledge and tools needed to navigate the complex landscape of environmental and legal issues in real estate. Through detailed instruction and interactive learning, participants will be well-prepared to identify, manage, and communicate the implications of environmental health on real estate transactions, ensuring safer, more compliant, and successful property deals.
Lessons
Orientation of Online CE Class-What Really Matters Legal Issues!
1 – Start Here – Environmental Issues – What Really Matters Legal Issues!
Warning Please Read: You must complete the fill-in-the-blanks & any wheel of fortune Game in order to start the quiz below. The timer is required to run out before submitting…
2 – Lead / Mercury Removal – What Really Matters Legal Issues!
Some minerals are essential to human health. Examples include calcium and magnesium, so not all waterborne contaminants are bad for our health. Examples of inorganic contaminants include but are not…
3 – Radon Inspection & Lead Inspection – What Really Matters Legal Issues!
Testing for Radon Environmental testing beyond property water includes (but is not limited to) testing for soil and building structures for Radon. Radon is a radioactive gas that has been…
4 – Lead-Based Paint – What Really Matters Legal Issues!
Sellers must make the required disclosures before the buyer is obligated under contract to buy target housing (pre-1978)* AAR added the following to sub-section 4c of the 2011 AAR Residential…
5 – Legal Hotline Q & A – What Really Matters Legal Issues!
6 – Section 1 Quiz – What Really Matters Legal Issues!
You will need to wait for the timer to run out before you can submit the Quiz
7 – Environmental Issues MOLD – What Really Matters Legal Issues!
MOLD Molds are a normal and natural occurrence in nature. They serve important environmental functions by breaking down dead organic matter like wood and leaves. When it comes to indoor…
8 – Finding Mold – What Really Matters Legal Issues!
Mold’s Water Source Within the Earth’s water cycle, water moves from the ground to the air and then back to the ground again. In this process, it changes from solid to…
9 – Protecting your Interests – What Really Matters Legal Issues!
Protecting your Interests Given mold’s potential to be hidden, sellers and their real estate agents, along with a general inspector, are advised to inspect for hidden clues. The biggest of…
10 – Mold in the Home – What Really Matters Legal Issues!
Stories about Arizona homes infected with mold appear everywhere, in print and television. Is there a real problem, or is the media blowing everything out of proportion? How does this…
11 – Geologic Considerations & Pool Inspection – What Really Matters Legal Issues!
Geologic Considerations Depending on the property’s history, the history of the region, or the recommendations of the general property inspector, it may be important to have a geological inspection completed.…
12 – Section 2 Quiz – What Really Matters Legal Issues!
You will need to wait for the timer to run out before you can submit the Quiz
13 – Fraud in Real Estate – What Really Matters Legal Issues!
Fraud in Real Estate Introduction According to government law enforcement statistics, various types of mortgage and foreclosure fraud soared 800 percent in just the past five years. As much as $4.0…
14 – Fraud in the Foreclosure Process – What Really Matters Legal Issues!
Fraud in the Foreclosure Process Scam artist makes good use of the foreclosure system and process. Foreclosure actions can be listed several times in newspapers, on county bulletin boards, and recently…
15 – Mortgage Fraud – What Really Matters Legal Issues!
Mortgage Fraud According to the Federal Bureau of Investigation, mortgage fraud is one of the fastest-growing white-collar crimes in the United States. The FBI reports a 40 percent increase in…
16 – Predatory Lending -What Really Matters Legal Issues!
Predatory Lending Up to this point, the discussion of mortgage fraud has focused on methods that individuals use to illegally or unethically pocket millions of dollars. In these cases, lending…
17 – Legal Hotline Q & A – What Really Matters Legal Issues!
18 – Section 3 Quiz – What Really Matters Legal Issues!
You will need to wait for the timer to run out before you can submit the Quiz
19 – Ethics in a REO Market – What Really Matters Legal Issues!
Feel Like the Rules of the Game Have Changed? Let the Code of Ethics Be Your Referee. CODE FUNDAMENTALS When you’re not sure what the ethical course of action is,…
20 – REO Reality Check – What Really Matters Legal Issues!
Know the market. Do a thorough comparative market analysis on the subject property prior to writing the offer. Look for trends — is the market steady, declining? Look at the last…
21 – REO Transactions – What Really Matters Legal Issues!
Arizona is reported to have one of the highest foreclosure rates in the nation. As a result, many REALTORS® are involved in the sale of properties that are owned by…
22 -Arizona Properties – What Really Matters Legal Issues!
Most Arizona property foreclosures are by Trustee’s Sale, which is an out-of-court legal process defined by state laws. The process takes a minimum of 91 days from the first legal…
23 – Legal Hotline Q & A – What Really Matters Legal Issues!
24 – Section 4 Quiz – What Really Matters Legal Issues!
25 – Land Use Controls – What Really Matters Legal Issues!
Introduction Land use controls are created and managed by local governments and are aimed at controlling a municipality’s growth and development, thereby regulating a community’s natural resources. States delegate this authority to…
26 – Easements – What Really Matters Legal Issues!
Easements An easement gives others the right to use someone’s land including the airspace above it. An easement is a right benefiting one piece of land (known as the dominant…
27 – Licenses – What Really Matters Legal Issues!
Licenses In real estate law, a license is a verbal or written agreement with a property owner that grants a person permission to access the property owner’s land. Licenses differ…
28 – Water Rights – What Really Matters Legal Issues!
Encroachments An encroachment is an intrusion of a building, improvement, or an object from one property owner’s land onto another property. Five of the most common encroachments include: Driveways Fences Garages…
29 – Prior Appropriation Water Rights – What Really Matters Legal Issues!
Riparian Under riparian water rights, when an adjacent body of water is not navigable by commercial boat traffic, landowners technically own the land beneath the water, up to the center of…
30 – Section 5 Quiz – What Really Matters Legal Issues!
31 – Final Exam and Review – What Really Matters Legal Issues!
The Final is not timed. Once you have passed this final… For The What Really Matters Legal Issues Remember to PRINT OUT YOUR CERTIFICATE, and then you may move on…