This course fulfills the New York State continuing education requirements for brokers and salespersons real estate license renewal. This course meets the 2 hour agency requirement for salespersons within their first license term and the 1 hour agency requirement for all other licensees renewing. This course also fulfills the following topic requirements: 1 hour of legal matters, 2.5 hours of ethics, 3 hours of fair housing, 2 hours of implicit bias training, and 2 hours of cultural competency training.
This course is broken into nine major topics:
- Legal matters,
- Agency,
- Fair Housing,
- Ethics,
- Implicit bias,
- Cultural competency,
- Brokerage,
- Real estate law, and
- Finance.
The legal matters section lays out the major real estate-related law changes in New York, and also goes over COVID safety guidelines for real estate professionals.
The agency section explains common law of agency and agency.
Under brokerage, topics include advertising, neutral escrows and co-op transactions, financial records and reports, offices and licensees, office policies and procedures, and other professional real estate activities.
Under Fair Housing, licensees will learn the History of Fair Housing, the definition of Fair Housing, a History of Housing Practices, the Role of Current Laws in Fair Housing, Protected Classes, Risk Management, the Impact of Fair Housing on Real Estate, the Overview and Impact of the Fair Housing Act, Civil Rights Laws that Impact Fair Housing, Executive Orders, Affirmatively Furthering Fair Housing, Current Issues, and New York Specific Fair Housing Rules. There is also a Fair Housing Practical Exercise that will give licensees some practice discerning Fair Housing compliance and violations using examples that licensees might actually experience in real estate.
For ethics, we will be looking at various articles from the NAR Code of Ethics and discuss how they apply to everyday activities.
The section on implicit bias will explain key terms and main concepts to understand regarding implicit bias and how to mitigate unintentional discrimination.*
The cultural competency training provides a crash course on the main principles and strategies for enhancing cultural diversity, equity, and inclusion. It also offers tools to navigate cross-cultural communication with more ease.*
For the section on real estate law, the course covers the basics of real property law, legal descriptions, transfer of title, title insurance and escrow, assessment and taxation, and land use controls.
Under the topic of finance, we will look at valuation, and foreclosure amongst other topics.
To promote comprehension, the course includes nine incremental exams, with a total of 265 questions (total).
*Important Note: the subjects of implicit bias and cultural competency are required to renew your license after 9/21/2022. If you do not renew by this date, you will be required to take an approved course, like this one, that covers these topics.
Course Format: Text
Credit Type: Continuing Education
Course ID(s): C06721
Approved By: New York Department of State, Division of Licensing Services - Real Estate Board
- Legal Matters
- Legal Matters [9 Activities]
- 01. Introduction to 1-Hour New York Legal Matters CE
- 02. NYS Broker and Salesperson CE Requirement Updates
- 03. COVID-19, the Real Estate Industry, and Fair Housing
- 04. COVID-19 Guidelines for New York Real Estate
- 05. New York State??s Department of Health: Interim Guidance for Real Estate Services During the COVID-19 Public Health Emergency
- 06. The Tenant Safe Harbor Act (Assembly Bill 10290b)
- 07. NAR??s Guidance for Fair Housing Compliance During the COVID-19 Pandemic
- 08. Fair Housing Regulation Updates
- 09. Advertising For Real Estate Licensees - Regulation Updates
- Quiz 1 (10 questions)
- Legal Matters [9 Activities]
- Agency
- Common Law of Agency [13 Activities]
- 01. Introduction to the Common Law of Agency (Video)
- 02. Introduction to Agency
- 03. Formation of an Agency Relationship (Video)
- 04. Parties to an Agency Agreement
- 05. Creation of an Agency Relationship
- 06. Types of Authority
- 07. Types of Agency
- 08. Responsibilities of the Parties
- 09. Termination of Agency
- 10. Agency and the Law
- 11. Real Estate Agents (Video)
- 12. Agency in the Real Estate Industry
- 13. Conclusion (Video)
- Agency and Property Management [4 Activities]
- 01. Introduction to Agency and Property Management (Video)
- 02. Relationship Between Property Owner and Property Manager
- 03. Property Manager Duties and Obligations
- 04. Conclusion of Agency and Property Management (Video)
- Quiz 2 (25 questions)
- Common Law of Agency [13 Activities]
- Fair Housing
- New York Real Estate CE Fair Housing [19 Activities]
- 01. Introduction to Fair Housing
- 02. History of Fair Housing
- 03. What is Fair Housing?
- 04. History of Housing Practices
- 05. Role of State and Federal Laws in Curbing Unfair Practice
- 06. Protected Classes
- 07. Risk Management In Fair Housing
- 08. New York Specific Fair Housing
- View Additional Activities
- 09. Impact of Fair Housing on the Real Estate Professional
- 10. Impact of Fair Housing on the Real Estate Professional
- 11. Reaction of the Real Estate Profession to Fair Housing Laws
- 12. Overview of the Fair Housing Act
- 13. Overview of the Fair Housing Act
- 14. Other Civil Rights Laws that Impact Fair Housing
- 15. Fair Housing-Related Presidential Executive Orders
- 16. Affirmatively Furthering Fair Housing (AFFH)
- 17. Criminal History/Record Used in Fair Housing
- 18. Emerging and Existing Fair Housing Issues
- 19. Conclusion of Fair Housing
- Fair Housing Practical Exercise (25 questions)
- Quiz 3 (30 questions)
- New York Real Estate CE Fair Housing [19 Activities]
- Ethics
- NAR Code of Ethics Part 1 Articles 1 & 2 [5 Activities]
- 01. Introduction to the National Association of REALTORSCode of Ethics Continuing Education Course (Video)
- 02. Ethics: An Introduction
- 03. The NAR Code of Ethics: The Preamble
- 04. The NAR Code of Ethics: Article 1 and 2
- 05. Conclusion of Section 1 of the National Association of REALTORSCode of Ethics Continuing Education Course (Video)
- NAR Code of Ethics Part 2 Articles 9-12 [6 Activities]
- 01. Introduction to Section 2 of the National Association of REALTORS Code of Ethics Continuing Education Course (Video)
- 02. The NAR Code of Ethics: Articles 9 and 10
- 03. The NAR Code of Ethics: Articles 11 and 12
- 04. The NAR Code of Ethics: Article 15
- 05. The NAR Code of Ethics: Article 16
- 06. Conclusion of Section 2 of the National Association of REALTORSCode of Ethics Continuing Education Course (Video)
- NAR Code of Ethics Part 3 Enforcement [2 Activities]
- 01. Enforcement of Professional Standards
- 02. Arbitration
- Quiz 4 (25 questions)
- NAR Code of Ethics Part 1 Articles 1 & 2 [5 Activities]
- Implicit Bias Training
- Implicit Bias Training [10 Activities]
- 01. Introduction (Video)
- 02. Implicit Bias Awareness Training
- 03. Legislative Updates
- 04. Key Terms
- 05. Examining Implicit Bias
- 06. Prohibited Actions Related to Housing Discrimination (Video)
- 07. Mitigating Implicit Bias
- 08. Decision Making and Ethical Duties
- 09. Enforcement of NYS Anti-Discrimination Law (Video)
- 10. Testing Programs and Accountability
- Quiz 5 (20 questions)
- Implicit Bias Training [10 Activities]
- Cultural Competency
- Cultural Competency [11 Activities]
- 01. Cultural Competency - Introduction (Video)
- 02. Introduction
- 03. Key Terms
- 04. Historical Context (Video)
- 05. Valuing Diversity
- 06. Cultivating Cultural Awareness; Conducting Self-Assessment
- 07. Cultural Knowledge and Communication
- 08. Delivering Services that Support Diversity
- View Additional Activities
- 09. Building Strength Through Diversity
- 10. Recap of NYS Human Rights Law Article 15; Conclusion
- 11. Cultural Competency - Conclusion (Video)
- Quiz 6 (20 questions)
- Cultural Competency [11 Activities]
- Brokerage
- Advertising [15 Activities]
- 01. Introduction to Advertising (Video)
- 02. Promoting Your Business and Services
- 03. Promoting Your Business and Services: Other Methods
- 04. Creating an Advertising Plan
- 05. Developing Your Professional Image
- 06. Public Relations
- 07. Fraud Issues: Puffing and Misrepresentations
- 08. Technology Issues in Advertising and Marketing
- View Additional Activities
- 09. Relations Among Competitors
- 10. Antitrust Laws
- 11. Real Estate and Antitrust Laws
- 12. Fair Housing Laws
- 13. Fair Housing Laws: History of Housing Practices
- 14. Fair Housing Laws: Protected Classes
- 15. Conclusion of Advertising (Video)
- Offices and Licensees [5 Activities]
- 01. Introduction to Offices and Licensees (Video)
- 02. Real Estate Offices
- 03. Practicing Within Area of Competence
- 04. Commissions and Fees
- 05. Conclusion of Offices and Licensees (Video)
- Quiz 7 (20 questions)
- Advertising [15 Activities]
- Real Estate Law
- Basics of Real Property Law [11 Activities]
- 01. Introduction to Basics of Real Estate Law (Video)
- 02. Basic Real Property Law
- 03. Forms and Types of Ownership and Description of Estates
- 04. Forms of Ownership (Video)
- 05. Leases
- 06. Common Interest Ownership
- 07. Types of Trusts
- 08. Commercial, Industrial, and Income Property
- View Additional Activities
- 09. Land Rights
- 10. Other Elements of Real Estate Law
- 11. Conclusion of Basics of Real Property Law (Video)
- Legal Descriptions [9 Activities]
- 01. Introduction to Legal Descriptions (Video)
- 02. Legal Descriptions
- 03. Terminology
- 04. Other Legal Descriptions
- 05. Rectangular Survey System
- 06. Physical Characteristics of Land
- 07. Economic Characteristics of Land
- 08. Physical Descriptions of Property
- 09. Conclusion of Legal Descriptions (Video)
- Encumbrances [6 Activities]
- 01. Introduction to Encumbrances (Video)
- 02. Encumbrances
- 03. Easements
- 04. Liens
- 05. Other Encumbrances
- 06. Conclusion of Encumbrances (Video)
- Title Insurance and Escrow [6 Activities]
- 01. Introduction to Title Insurance and Escrow (Video)
- 02. Title
- 03. Clouded Titles and Title Insurance
- 04. Escrow and Closing Costs
- 05. Recordation
- 06. Conclusion of Title Insurance and Escrow (Video)
- Assessment and Taxation [6 Activities]
- 01. Introduction to Assessment and Taxation (Video)
- 02. Assessment and Taxation of Real Property
- 03. State Taxes
- 04. Special Assessments
- 05. Other Taxation Concepts
- 06. Conclusion to Assessment and Taxation (Video)
- Land Use Controls [20 Activities]
- 01. Introduction to Land Use Control (Video)
- 02. Land Use Control
- 03. Zoning and Master Plans
- 04. Building Codes and Regulations
- 05. New Home Warranties
- 06. Manufactured Dwellings
- 07. Private Controls
- 08. Common Interest Ownership
- View Additional Activities
- 09. Common Interest Ownership: Condominium Creation
- 10. Common Interest Ownership: The Condominium Association
- 11. Common Interest Ownership: Additional Issues
- 12. Issues with Deeds Acquired in Foreclosure Sales
- 13. Regulation of Special Land Types
- 14. Regulation of Environmental Hazards
- 15. Regulation of Environmental Hazards - Part 2
- 16. Regulation of Environmental Hazards - Part 3
- 17. Regulation of Environmental Hazards - Part 4
- 18. Regulation of Environmental Hazards - Part 5
- 19. Regulation of Environmental Hazards - Part 6
- 20. Regulation of Environmental Hazards - Part 7
- Quiz 8 (45 questions)
- Basics of Real Property Law [11 Activities]
- Finance
- Government Loans [5 Activities]
- 01. Introduction to Government Loan Programs (Video)
- 02. FHA
- 03. VA
- 04. Other Federal Programs
- 05. Conclusion of Government Loan Programs(Video)
- Valuation [5 Activities]
- 01. Introduction to Valuation (Video)
- 02. Value
- 03. Methods of Estimating Value
- 04. Appraisal Process
- 05. Conclusion of Valuation (Video)
- Foreclosure [9 Activities]
- 01. Introduction to Foreclosure (Video)
- 02. What is Foreclosure
- 03. Loan Default Where Foreclosure Begins
- 04. Judicial Foreclosure
- 05. Strict Foreclosure
- 06. Foreclosure by Power of Sale (Video)
- 07. Foreclosure by Power of Sale
- 08. Alternatives and Remedies for Foreclosure
- 09. Conclusion of Foreclosure (Video)
- Economics of Property Management [5 Activities]
- 01. Introduction to Economics of Property Management
- 02. Economics of Property Management
- 03. Expenses
- 04. Evaluating the Owner's Objectives
- 05. Conclusion of Economics of Property Management
- Property Management Recordkeeping [5 Activities]
- 01. Introduction to Property Management Recordkeeping (Video)
- 02. Financial Records
- 03. Record Retention
- 04. Trust Account Records
- 05. Conclusion of Property Management Recordkeeping (Video)
- Financing Documents [4 Activities]
- 01. Introduction to Financing Documents (Video)
- 02. Mortgages and Deeds of Trust
- 03. Other Financing Documents
- 04. Conclusion of Financing Documents(Video)
- Loans and Loan Programs [5 Activities]
- 01. Introduction to Loans and Loan Programs (Video)
- 02. General Concepts
- 03. Loan Application Process
- 04. Types of Loans
- 05. Conclusion to Loans and Loan Programs (Video)
- Quiz 9 (40 questions)
- Affidavit
- Government Loans [5 Activities]
- Course Completion
- Mandatory Questionnaire
- Certificate of Completion
- Guaranteed Next Business Day Reporting
