Course Description

This course is designed to give the licensee a comprehensive understanding of the law of agency as it applies to the practice of real estate in today's market. The discussion of agency law is based upon both the common law concepts of agency and also the Oregon codification and expansion of agency law concepts. This course will cover the fiduciary duties of the licensee, the historical development of agency as it applies to the real estate industry, and the concepts of seller representation, buyer representation and disclosed limited agency. The specific requirements of the Oregon agency disclosure law and procedures are also presented.

Course Content

This course contains three chapters of text, with a quiz at the end of each chapter. At the end of the course is a 20-question final exam.

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:

The course is divided into four chapters. A review quiz follows each chapter. At the end of the course is a 20-question final exam in multiple-choice question format. A passing score of 70% or greater on the final exam is required to complete the course. The final exam is not timed, and students can attempt the final exam with a new set of questions as many times as needed to pass the course.

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 15 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 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 Summary

Conditions and contingencies will be found in almost every real estate purchase and sale agreement. A purchase may be contingent on the buyer receiving a loan to purchase the property, the seller locating and purchasing a replacement property, or even inspection reports that confirm the condition of the property being purchased.

It is important real estate licensees to understand the law relating to them, since real estate sale agreement provisions may not become an affirmative duty until the happening of a contingency or condition. Neglecting these issues in the real estate contract may result in a unhappy buyer or seller.

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 Details

This course is divided into five chapters, with a short quiz at the end of each chapter.

A 20-question final exam in multiple-choice format is presented at the end of the course with a 70% passing score. A course completion certificate is available after completing the final exam.

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 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.

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.

As a real estate agent, you will often be working alone. This could potentially place you in uncomfortable or dangerous situations. In this course, you will learn how to recognize that personal safety risks are present in the industry, what you can do to protect yourself from these risks, learn about the types of crimes against real estate professionals, and how you can develop and implement a Personal Safety Program.

Course Goals

The course emphasizes that the standards of ethical conduct in the practice of real estate 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 two years. This course qualifies towards your good membership standing with NAR.

Course Materials

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

At the end of the course an optional final examination is available. 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.