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This course for continuing education will provide the Hawaii real estate professional with 14 of the required 20 hours for each licensing period. There are a number of topics that will assist the mortgage professional in not only completing the required continuing education hours, but will enhance numerous areas as to how the licensee should conduct him/herself professionally.

This course addresses real estate contracts, and takes an in-depth look at definitions used, legal guidelines, breaches of contract, and different types of contracts.

A portion of the class will explore validity of contracts, unenforceable contract situations, mistakes, and misrepresentation, assignment, and novation, as well as defenses to contract breaches, and legal remedies available to persons harmed.

The course continues with a discussion of the benefits of real estate investments. Details include appreciation of investments, cash flow, operational considerations, tax issues, and associated expenses.

In addition, we will delve into different types of investment properties, the timing of investments, and developing an investment strategy. This section concludes with a look at partnerships, blue-sky laws, and government regulation.

Next in the course is real estate syndication, and its related concerns. The course provides an in-depth consideration of real estate investment trusts (REITs), real estate securities/securitization, security agreements, dividends, creation of values, and the growing global markets for investments in real estate.

Additionally, the course develops common interest ownership ideas, with details surrounding trusts, income properties, depreciation of properties, land rights, mineral rights, and air rights. Other elements are also included, such as estoppel, eminent domain, and stigmatized properties.

The lesson continues into errors and omissions (E&O) issues, fraud, and advertising. Included topics are reasonable doctrine definitions, negligence, confidentiality of information, disclosures, where E&O is required, and coverages available through insurance policies. 

Property management is explored, with an emphasis on financial records, reports, budgets, insurance needs, banking options, ledgers, the economics of property management, supply/demand, banding, and the real estate economy as a whole. Section 8 tenancy is covered, as are expenses, evaluating the owner?s objectives, and landlords.

Risk management is included, with key terms, standards of care, best practices, advertising risk concerns, risk negligence, and disclosure failures. Related fraud issues, and undisclosed conflicts of interest are discussed. Antitrust issues are listed, including injunctive legal relief, and civil penalties. The section concludes with risk management techniques, due diligence measures, oral vs. written contracts, and information relating to consumers. 

Legal responsibilities, dispute resolution, lawsuits, mediation, and claims related to self-regulation of those in the industry are included as well.

The mathematics used by real estate professionals are included, with examples of how to solve real estate math issues, valuation calculations, net operating income, capitalization rate, and rental formulas. IRS concerns are addressed, including tax deductions. Lending calculations, loan-to-value concerns, equity, and other math issues are detailed.

The course continues with legal descriptions, measurements, terminology, physical characteristics of properties, and construction types, and concludes with an exploration of technology used in the real estate industry.

The course will be divided up by small incremental quizzes that are intended to promote understanding and retention of the training.

  • Course ID(s): C13399
  • Approved By: Hawaii Real Estate Commission

Instructor Bio

sheri wytcherley real estate atyourpaceonline

Sheri has been an online instructor for AYPO's Real Estate education classes for over 5 years and is a licensed real estate instructor across the United States.

Growing up in a military family, Sheri became very patriotic, developed an adventurous spirit, and grew passionate about helping people.

In 2005 Sheri became a principal broker and opened Oregon Ranch & Home Real Estate in order to better serve her clients. She received the honor of being ranked #5 in Southern Oregon for dollar volume sold for 2008, during one of the most challenging years the market has seen in decades.

"Common sense, integrity, and a quick wit. These are qualities I admire".