40 Hour Course
Course ID: 490-3040
Approved By: Michigan LARA
This 40-hour pre-licensing course will prepare you for the Michigan Real Estate Salesperson exam! In the course, we’ll cover a lot of principles and practices that you’ll need as a real estate licensee.
We’ll begin with the basic principles that licensees need to know to perform as agents, including ethics, antitrust laws, and agency relationships. We’ll talk about the fair housing laws that licensees need to know and abide by, and we’ll practice some real estate math for use during transactions.
You’ll learn about the legal descriptions of property, as well as the finer points of ownership and property values. We’ll talk about some basic contract law, the different types of tenancies, and how titles and deeds are transferred.
When we get to financing, we’ll learn about the different kinds of loans that are available to buyers, as well as the mortgage disclosures required by federal law.
We’ll look specifically at the concepts that apply to condos, as well as to landlord/tenant law.
Environmental issues will be addresses before we move onto Michigan-specific issues including licensing and disclosure regulations. The course ends with a final exam to help prepare you for the licensing exam.