15 Hour Course
Approved By: DC Real Estate Commission
What you will find in this course is 15 hours of continuing education for real estate professionals in the District of Columbia who need to renew their licenses.
This course covers a number of topics, beginning with a discussion of applicable federal legislation. This topic includes an examination of elements established by the Dodd-Frank Act, primarily the Consumer Financial Protection Bureau (CFPB) and the TILA-RESPA Rule. From there, the course will explore the TILA-RESPA Integrated Disclosure (TRID) forms that were a product of the TILA-RESPA Rule.
The course will talk about financing of real estate transactions. As part of this topic will be an exploration of the different ways in which a purchase of real estate is financed including standard mortgage loans and other less common forms of financing.
The content of the course will look at the topic of business finances. This topic addresses financial records and the maintenance of those records, financial issues in Washington D.C, and mortgage fraud.
The course will take up the topic of fair housing. Contained in this is an examination of fair housing laws and regulations, a look at fair housing as it applies to property management, and a exploration of the current state of fair housing.
The course covers the topic of contracts both in general and in respect to real estate transactions and the real estate industry.
The course will address errors and omissions that can be committed by real estate professionals. This topic will also look at efforts that can be taken to prevent errors and omissions or manage the consequences of errors and omissions that do occur.
The course will discuss how ethics and ethical duties apply to real estate professionals.
In order to promote the understanding, comprehension, and retention of the course materials there are a series of exams scattered throughout the course.