6 Hour Course
Course ID: 564.002531
Approved By: Illinois Division of Real Estate
The purpose of this course is to provide real estate professionals in Illinois with six hours of continuing education training.
This course contains a discussion of property titles and title transfer. This topic includes an examination of the concept of property title, a brief overview of title clouds, and a discussion of the recordation of deeds that transfer property title.
The course content will explore encumbrances that can be imposed on property titles including easements and liens.
The course will talk about the assessment of property taxes.
The content of the course will look at the manner in which property value is determined.
The course will address the contracts that are used to sell real property.
The course will examine foreclosure, the foreclosure process, and the means for preventing or stopping foreclosure.
Finally, the course will explore financial reports including an examination of double entry bookkeeping.
To encourage the retention and comprehension of the lessons in the course, the course contains a 50 question quiz.