Oregon+Washington 33-hour Dual CE Credit License Renewal Package

Course Goals:

All licensees involved in the practice of real estate are necessarily involved in the preparation and negotiation of contracts. This advanced contract law course builds upon the basic principles of contract law. In this advanced contracts course, the licensee will build upon their basic contract law knowledge to include concepts beyond the basics. The licensee will be introduced to the numerous problems which may arise in the formation, interpretation, and performance of a contract which may affect its validity. The licensee will also learn how the concepts of assignment and delegation may apply to a real estate related contract.

Conditions and contingencies are involved in most real estate transactions. In the discussion of conditions and contingencies the licensee will be introduced to how conditions impact most contracts. The licensee will also learn how to draft contingencies and their implications in the typical real estate transaction.

Finally, the licensee will be introduced to the concept of breach of contact and will learn the resulting consequences of a contract breach along with the many possible remedies available to the injured party. The licensee will also be introduced to the concept of tort liability as it applies to the breach of contracts and its impact on potential litigation in which a licensee may become involved.

Course Materials:

The course contains approximately 4 hours of reading material. The course is divided into four sections. Review quizzes are at the end of each of the course segments.

A final examination is required at the end of the course. The final examination consists of 20 questions A test score of 70% or greater is required for course completion. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

Course Goals:

This course is designed to give the licensee a comprehensive overview of buyer agency. The history of the shift from mandatory sub-agency to buyer representation that converted the buyer from a customer to a client is discussed in great detail.

Once the buyer was given client status, the agent representing the buyer was required to perform his/her duties according to the high fiduciary standards of agency law. These fiduciary duties are discussed along with the duties the buyer's agent owes to third parties.

Brokerage company agency policy options are evaluated in the context of buyer agency.

Buyer Representation Agreements are discussed along with the various stages that a buyer's agent must necessarily go through during the representation of a buyer-client. Finally, a brief discussion regarding the marketing of a buyer's agent services is presented.

Course Details:

This course is composed of approximately 4 hours of reading material and videos. The course is divided into segments. Review quizzes are at the end of each segment.

At the end of the course a final examination is required. The final examination consists of 15 questions. A test score of 70% or greater is required for course completion. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

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. A discussion of lead, asbestos, and radon informs the student of 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 which will assist the licensee in dealing with the specific hazard in the residential transaction.

Course Materials:

This is an online mastery-based course. It contains segments that include reading, video, questions, quizzes, discussions, polls, and a final exam. Students are expected to progress through all activities to make course progress.

Completion of the course requires passing a final examination of 20 multiple choice questions with a minimum score of 70%. Students that fail a final exam may retake the final exam as many times as needed to pass.

The course will take about 3 clock hours to complete.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

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. A discussion of molds and fungi, volatile organic compounds (VOCs), potable water supply, clandestine drug labs, and underground storage tanks will inform the student of 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 which will assist the licensee in dealing with the specific hazard in the residential transaction.

Course Materials:

This course contains approximately 3 hours of reading material. The course is divided into five segments. Review quizzes are at the end of each segment.

A final examination is required at the end of the course. The final examination consists of 20 questions. A test score of 70% or greater is required for course completion. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

Course Goals

This course emphasizes the standards of ethical conduct in the practice of real estate that are based upon the National Association of Realtors® Code of Ethics and Standards of Practice and upon federal and state laws governing conduct applicable to the practice of real estate. The concept of misrepresentation and all of its implications to the daily practice of real estate is discussed in detail. This course is an article-by-article dissection of the Code of Ethics, organized in three major topic areas:

1. The licensee's ethical conduct with respect to clients and customers
2. The licensee's duty to the public
3. The licensee's duties to fellow Realtors®

A detailed discussion of specific ethical conduct under each of these three general categories will give the licensee an excellent basis upon which to conduct an ethical practice of real estate.

NAR members are required to complete 2.5 hours of Ethics training every three years. This course qualifies towards your good membership standing with NAR. NAR members must now take an ethics course or training equivalency from a local, state, or national REALTOR® association to receive credit towards their Code of Ethics training requirement.

Course Materials

This course is composed of 3 hours of reading material, including two appendixes. The course is divided into five segments with review quizzes at the end of each segment.

At the end of the course a final examination is required. The final examination consists of 15 questions. A test score of 70% or greater is required for course completion. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

Course Goals:

This course is designed to give a historical overview of the federal Fair Housing Laws and an in-depth discussion of the individual laws and their application to the practice of real estate. 

The course emphasizes anti-discriminatory conduct which all licensees should practice. The course concludes by discussing the voluntary affirmative action marketing program (VAMA) and why promoting fair housing laws is a positive force at work in this state and throughout the nation.

Course Materials:

This course is composed of 3 hours of reading material. Review questions are placed in between reading sections, along with topic discussions and quizzes.

Students must pass a final exam at the end of the course. The final exam consists of 20 questions and requires 70% to pass. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

Course Goals:

This course is designed to give a detailed discussion of the items that may be included in a professional home inspection report along with the common characteristics of most inspection reports and inspection procedures.

This course is organized by looking at the structure from the exterior, the interior, the major house systems, and environmental hazards. The course also examines the role of the licensee in the inspection process, the seller, and agent property disclosure requirements and the buyer's obligations with respect to reliance upon a seller's representations as to the condition of the property.

Course Materials and Final Examination:

This course is composed of 3 hours of reading material. The course is divided into five segments. Review quizzes are at the end of each segment.

At the end of the course, a final examination is required. The final exam is administered online. Access to the final exam will only be granted once the security information entered at the time of course enrollment is verified by OnlineEd's system. The final examination consists of 15 multiple choice questions. A test score of 70% or greater is required for course completion. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

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. This 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 4 hours of reading material. Review questions are placed in between reading sections, along with topic discussions and quizzes.

Students must pass a final exam at the end of the course. The final exam consists of 20 questions and requires 70% to pass. The final examination is not downloadable or printable.

Refunds

Refunds for this course are subject to the refund policy set forth in OnlineEd's terms of service.

Prerequisites

This course has no prerequisites.

The Washington Department of Licensing (DOL) mandates that real estate brokers in Washington are required to take a law update course at license renewal to ensure they are current on the issues facing licensees practicing real estate within the state. This course covers many important topics that a real estate broker should be aware of such as the latest Washington RCW changes, a reminder of agency duties, the DOL's advertising guidelines, and additional topics.

Topics and Learning Objectives

This course will address the following topics.

1. Legislative Update
2. Legal Update
3. Business Practices Update

Chapter 1: Legislative Update

Recent changes to federal law and numerous federal court decisions have altered the business of residential real estate. This section will focus on recent national issues that affect a licensee’s business, including issues relating to financing, taxes, and closings.

After completing this chapter, you will be able to:

• recognize the effects that same-sex marriage and domestic partnerships have on real estate in Washington.

• identify state programs that help first-time home buyers.

• explain the benefits of the Veterans Administration home loan for active and honorably-discharged military members.

• review the purpose of a government's long-term comprehensive growth plan and the updated regulations impacting these plans after the passage of Senate Bill 5254.

• outline several bills that did not pass state legislation such as House Bill 2186 (an increase in excise tax) and Senate Bill 5239 (water availability to support real estate development).

Chapter 2: Legal Update

Real estate brokers have to comply with numerous legal requirements, including licensing laws, fiduciary duties to clients, and the state Consumer Protection Act (CPA). This section will first look at the most common causes of consumer complaints and how those complaints are filed and handled. Then we will look at a few common areas of risk in real estate practice, and how to minimize risk. Last, we will look at three important court cases that fleshed out what the rules are and how the common law, licensing law, and the CPA work together.

After completing this chapter, you will be able to:

• identify several consumer-driven complaints such as offer presentation timing and incomplete transaction logs.

• review the Department of Licensing's investigation process.

• describe the significance of seller's disclosure and buyer beware (caveat emptor).

• generalize the use of preprinted forms in the broker's practice of real estate law.

• identify the rights granted to consumers under the Washington Consumer Protection Act (CPA).

Chapter 3: Business Practices Update

This chapter will review several business practices that should be complied with to protect oneself from legal liability such as agency disclosure requirements regarding dual agency, making competent referrals for topics outside of your expertise, and how to draft a proper introductory letter that doesn't potentially violate fair housing regulations. We'll review the advertisement requirements such as how to properly advertise a real estate teams and the DOL's regulations on social media and website promotions. We'll also cover a licensee's employment status as an independent contractor, several tips keeping yourself safe when dealing with new clients, and how to use the Department's online system for license renewal.

After completing this chapter, you will be able to:

• recognize the structure of real estate teams within a brokerage firm and the advertisement regulations when promoting a team.

• list the criteria that categorizes an individual as an employee or as an independent contractor.

• practice several personal safety rules that can help avoid a potentially dangerous situation.

• review the Department of Licensing's online real estate license renewal system.

• identify the phrasing that might imply preferences for those protected by discrimination regulations when drafting introductory letters.

• describe how to handle a situation when more then one offer is submitted to purchase a property.

• recall that builder contracts may benefit the builder more than the buyer.

• paraphrase the expected professional conduct when dealing with other licensees.

• summarize topics that could add to a broker's risk such as expertise beyond your knowledge and dual agency relationships.

• outline the Department of Licensing's advertisement standards for social media and the DOL's "one-click away" rule.

Course Completion Requirements

The course will take approximately 3 clock hours to complete.

Students must complete all reading assignments and pass incremental assessments to make progress. Students will be logged out of the course if they are not actively engaged with the course for 10 minutes.

Completion of the course requires passing a final examination of 10 multiple choice questions with a minimum score of 70%. Students that fail a final exam may retake the final exam as many times as needed to pass, and a different set of questions will be presented each time the student attempts the exam. Students are required to study for the required clock hours before being able to access the final exam.

After successfully passing the final exam, a course completion certificate will be available for the students to download and keep for their continuing education records.

This school is approved under chapter 18.85 RCW; inquiries regarding this or any other real estate school may be made to the: Washington State Department of Licensing, Real Estate Program, P.O. Box 9015, Olympia, Washington 98507-9015

This 2018-2019 updated LARRC is designed to inform Oregon licensees of new law changes relating to real estate as passed by the Oregon Legislature. The Oregon Real Estate Agency requires that all licensees take a Law And Rule Required Course (LARRC) as part of their 30 hours of continuing education credit.

The topics covered in this LARRC course are:

1. The Process of Updating Oregon Real Estate Law        
2. Senate Bill 67        
3. Senate Bill 68        
4. Oregon Administrative Rule Updates        
5. House Bills 2140, 2510, 2511, and 2737        
6. Advertisement Requirements        
7. Radon

This Oregon real estate course consists of timed video presentations and online reading materials. A continuing education course completion certificate will be issued after completing the course materials.