Course Goals:

This course is designed to demonstrate that risk management should be viewed as a positive strategy that will provide for increased profits. Any risk that develops into a problem will necessarily cost money to solve. The course introduces the student to the concept of risk and potential consequences that risk presents if not managed properly. The student is introduced to the three main areas of legal liability: contract, tort and violation of law. Then the specific major areas of risk are discussed in detail. These risks are grouped for discussion purposes under agency, fair housing, environmental issues and anti-trust law. The course also provides the student with a strategy, which if followed, will assist the licensee in minimizing risk and thereby increasing profit.

Course Materials:

This course is composed of approximately 96 pages of text and review quizzes following each course chapter. The course is divided into 6 chapters. A review quiz of 7 questions follows chapters 1 through 6. A quiz score of 70% or greater is required prior to being allowed to proceed to the quiz for the next course section. The 7 quiz questions are selected from a bank of questions and may be in either true/false, multiple choice or fill in the blank format. If the quiz is not passed the first time, 7 more questions are selected from the bank of questions at random. A score of 70% will be required prior to being allowed to proceed to the quiz for the next course chapter. All review exercises are open book. At the end of the course, a final examination is required. The final examination consists of 40 questions and is open book. The questions are selected at random from a bank of final exam questions. The questions may be in either in a true/false, multiple choice or fill in the blank format. The specific mix of questions will be selected by OnlineEd's testing software. A test score of 75% or greater is required for course completion. The final exam must be completed in 60 minutes. All unanswered questions at the end of the 60 minute period will be graded as incorrect. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after the final examination has been completed. The final exam test results will not be displayed to the student.

Course Goals:

This course is designed to give the licensee a comprehensive understanding of the many issues regarding disclosure in the practice of real estate in Oregon. The common law fiduciary duty of disclosure is explored along with the trend towards more expansive disclosure standards. Discussed in detail are the Seller's Property Disclosure Statement, the Lead-based Paint Disclosure Statement, RESPA disclosures, Ballot Measure 37 disclosures and the numerous other disclosures that are required when real property is sold or transfers. Oregon Agency disclosure requirements and procedures are also examined in detail. Upon completion of this course, the licensee will have a comprehensive knowledge and checklist of potential disclosures that should be made in an Oregon real estate transaction.

Course Details:

This course contains approximately 64 pages of text. The course is divided into four chapters. A review quiz of five questions follows Chapters 1 through 4. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section. A final examination is required at the end of the course. The final examination consists of 30 questions. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The final exam test results will not be displayed to the student.

This course is in many respects a risk management course. The course gives you a brief history of the development of the professional home inspection, discusses Seller and Agent liability, and teaches you how to inspect many elements of a residential property in order to comply with your obligation to perform "reasonable due diligence."

Course Goals:

This course is designed to give the licensee a comprehensive understanding of the many environmental issues that frequently arise in today's residential real estate transaction. Environmental Issues I examines the potential liability arising out of environmental hazards that may be found in residential properties. It also specifically discusses the hazards of lead, asbestos and radon, by discussing the nature of the environmental hazard, the methods available to detect the hazard and possible abatement methods and procedures. Included in the discussion of each environmental hazard are practice tips for the licensee which will assist the licensee in dealing with the specific hazard in the residential transaction.

Course Details:

This course contains approximately 62 pages of text. The course is divided into four chapters. A review quiz of seven questions follows Chapters 1 through 4. A quiz score of 70% or greater is required prior to being allowed to proceed to the quiz for the next course section. The 7 quiz questions are selected from a bank of questions and may be in either true/false, multiple choice or fill in the blank format. If the quiz is not passed the first time, 7 more questions are selected from the bank of questions at random. A score of 70% will be required prior to being allowed to proceed to the quiz for the next course chapter. All review exercises are open book. At the end of the course, a final examination is required. The final examination consists of 30 questions and is open book. The questions are selected at random from a bank of final exam questions. The questions may be in either in a true/false, multiple choice or fill in the blank format. The specific mix of questions will be selected by onlineEd's testing software. A test score of 75% or greater is required for course completion. The final exam must be completed in 60 minutes. All unanswered questions at the end of the 60 minute period will be graded as incorrect. The final examination is not downloadable or printable.The final exam test results will not be displayed to the student.

Course Goals:

This course is designed to give the licensee a comprehensive understanding of the many environmental issues that frequently arise in today's residential real estate transaction. Environmental Issues II examines the potential liability arising out of environmental hazards that may be found in residential properties. It also specifically discusses the hazards of molds and fungi, VOCs, potable water supply, clandestine drug labs, and underground storage tanks by discussing the nature of the environmental hazard, the methods available to detect the hazard and possible abatement methods and procedures. Included in the discussion of each environmental hazard are practice tips for the licensee which will assist the licensee in dealing with the specific hazard in the residential transaction.

Course Details:

This course contains approximately 62 pages of text. The course is divided into five chapters. A review quiz of seven questions follows Chapters 1 through 5. A quiz score of 70% or greater is required prior to being allowed to proceed to the quiz for the next course section. The 7 quiz questions are selected from a bank of questions and may be in either true/false, multiple choice or fill in the blank format. If the quiz is not passed the first time, 7 more questions are selected from the bank of questions at random. A score of 70% will be required prior to being allowed to proceed to the quiz for the next course chapter. All review exercises are open book. At the end of the course, a final examination is required. The final examination consists of 30 questions and is open book. The questions are selected at random from a bank of final exam questions. The questions may be in either in a true/false, multiple choice or fill in the blank format. The specific mix of questions will be selected by onlineEd's testing software. A test score of 75% or greater is required for course completion. The final exam must be completed in 60 minutes. All unanswered questions at the end of the 60 minute period will be graded as incorrect. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after the final examination has been completed. The final exam test results will not be displayed to the student.

Course Goals:

This course discusses the protections that the construction lien law provides the property owner as well as the technical requirements a contractor or material provider must follow in order to protect their lien rights. Issues relating to filing a lien and the foreclosure of that lien are also explored. In a recent session of the Oregon legislature, required procedures were enacted to protect the purchaser of real property against unperfected construction liens. These procedures are important considerations in many real estate transactions and must be understood by all practicing licensees.

Course Details:

This course contains approximately 40 pages of text. The course is divided into four chapters. A review quiz of five questions follows Chapters 1 through 4. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section. A final examination is required at the end of the course. The final examination consists of 30 questions. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The final exam test results will not be displayed to the student.

Approved by Portland Metropolitan Association of REALTORS® to meet their requirement of an ethics course for membership renewal, this course discusses what is ethical, what isn't ethical, and how to determine what is ethical. Applicable Oregon Revised Statutes, Oregon Administrative Rulings, and REALTOR® Code of Ethics are referenced.