C.A.R. Rules and Regulations Specialist - Legal Course Bundle

This video, non-credit course is a line-by-line review of the California Residential Purchase Agreement and Joint Escrow Instructions (RPA), last updated July 2024 to include changes to the RPA to comply with the August National Association of REALTORS® settlement changes.

Details:
This is a self-guided online course that you take at your own pace. This course is available 24/7.

This course will review the entire Residential Purchase Agreement. Details for each section on every page of the form will be covered. Various pages of addenda that can be attached to the RPA will also be mentioned including special situations during the real estate transaction.

Once you finish the course there is a 25-question final exam. Students are required to receive a score of 70% or more on the final exam to complete the course.

Course Length: 4 hours. This is a non-credit course. Not for license renewals.

Course Features: video

The California Residential Purchase Agreement (RPA) course counts as an elective towards earning the CTC (Certified Transaction Coordinator) Certification.

This course brings an understanding of what constitutes a contract, how to write a contract, the critical importance of the contract in the real estate transaction, and what to be aware of in the process. It also explains earnest money, financing, inspections, title and closing, post-closing, and much more.

The modules covered in this course are:

1. Definition of a contract
2. Legal enforceability
3. Legally required elements
4. Property
5. When do we have a deal?
6. Earnest Money
7. Financing contingency
8. Inspections
9. Default
10. Remedies
11. Title and Closing
12. Post Closing

Learning Objectives

At the conclusion of this course, students will be able to:

• identify what is needed to prepare a good contract.
• explain what makes a contract legally enforceable.
• identify five different kinds of real property ownership.
• recognize types of property descriptions and determine which are more reliable.
• recognize when an offer is complete enough to be accepted and create a contract.
• explain the purpose of earnest money.
• recognize the risks to the seller when they provide financing for the buyer.
• list some tips for writing contingencies.
• explain the importance of documentation when proving contract default.
• describe remedies that are available to the seller if the contract has been breached.
• describe how to examine the deed to be sure it follows the contract.
• identify examples of non‐disclosure related risks in a post‐closing context.

Course Content

Each module will begin with an informational video lecture from the course instructor, Vern Jarboe, followed by interactive activities to expand upon the module's subject. At the end of each module is a short quiz to help remember the important points you should now be better familiar with.

After completing all of the modules, a 30-question final exam will be given. The final exam is not timed and can be attempted as many times as needed to earn the minimum 75% passing score.

This course will take about four hours to complete.

If you have ever found yourself in Small Claims court, or wondered if Small Claims court is the right way to settle your disputes, this 3-hour course will help you gain a sound foundation about the workings of Small Claims Court in California and how to use the system to resolve disputes.

How you will benefit from taking this course:

• You will know how to prepare for a Small Claims Court hearing
• Easily find online resources and advisors to assist with preparation
• Understand the factors that will influence whether to use Small Claims Court
• Feel more confident because you will know what to expect
• Know how to select the proper Small Claims Court
• Follow the relevant time frames for filing and responding to a Small Claims Court action
• Understand what the Small Claims Court decision means to you

ATTENTION CAR MEMBERS: You can receive this course for 50% off its regular price by using your membership benefits at the California Association of REALTORS® website! Visit this course at the CAR Education Online Store for more details.

Inspired by the National Association of REALTORS® (NAR), this course gives an overview of the Preamble, Code of Ethics, and Standards of Practice, giving real-world case examples where these principles can be applied.

The REALTOR® Code of Ethics and Standards of Practice establishes objective, enforceable ethical standards governing the professional conduct of REALTORS®.

Note: While this course covers important sections of the Code of Ethics, it DOES NOT meet the NAR triennial ethics requirement.

These CAR Ethic courses DO meet the NAR ethics requirement:

• REALTOR® Code of Ethics: Spotlight on Articles 1, 2 and 3 – ONLINE ANYTIME
• REALTOR® Code of Ethics: Spotlight on Articles 10, 11, and 12 – ONLINE ANYTIME

How you will benefit from taking this course:

• Identify and define the preamble and other relevant portions of the REALTOR® Code of Ethics
• Become familiar with how certain behaviors can lead to violations against these standards
• Identify and define Standards of Practice (SOP), which follow and support each Article
• Identify and define case interpretations, which demonstrate the application of the Articles to particular fact situations

Please note: Purchase of this course is for use by a single person and may not be broadcast, recorded or shared by more than one individual. If you are interested in showing this course in your office, please contact C.A.R. Education at education@car.org for Broker Pricing Information.

They worked the deals, they closed the deals, they were sued, and they lost. Where did these agents go wrong? Check out four landmark court cases against California real estate agents and learn how to keep the same thing from happening to you.

In this 1-hour course, we will discuss some landmark cases from the California Court of appeals where agents/brokers got busted from deals that went wrong.

We will discuss the facts of the case and determine where the agent went wrong. In addition, we will reveal specific C.A.R. Forms that you can use to avoid the same situations and dodge a lawsuit.

Lastly, we will look at two sample cases and you get to decide the outcome of the disagreement based upon our experience and knowledge of the previous cases.

Exams: There is no exam for this course.

Please note: Purchase of this course is for use by a single person and may not be broadcast, recorded, or shared by more than one individual. If you are interested in showing this course in your office, please contact C.A.R. Education a education@car.org for Broker Pricing Information.