Pennsylvania 3 Hour Real Estate Ethics

AYPO's 3-Hour Real Estate Ethics course is tailored specifically for the Pennsylvania licensee looking to expand their knowledge and to renew their license. The course covers both regulations pertaining to Fair Housing and licensee ethics in general.

We begin with a discussion of what "ethics" actually means. This includes a look at why ethics matters and some of the terminology related to ethics. From there, we begin to look at some specifics of ethical duties and to whom and how they apply, addressing considerations such as who is a customer and who is a client, and what difference this makes regarding duties and ethics. We will also look at the interplay between standard agency duties and contractual duties.

Then, we'll wrap up this first section with a series of specific examples of ethical situations and their consequences.

Next, we'll dive deep into the history and purpose of the Fair Housing laws, looking at why they exist and how the need for them developed. We'll talk about what a "protected class" is and who belongs to one, as well as the impact of these classes on the real estate profession.

From there, we'll take time to explore the Fair Housing Act, as well as other related Fair Housing laws and regulations, including the Architectural Barriers Act of 1968, Title IX of the Education Amendments Act of 1972, and the Age Discrimination Act of 1975, among others.

To round out our discussion, we'll look at the real estate professional's best protection from the unforeseen, Errors and Omissions insurance coverage (E&O). We'll see how E&O provides coverage for mistakes that can happen, as well as learn what it won't cover, such as fraud.

We'll end our lesson with a final exam that must be passed to complete the course successfully.