Sales agents and real estate brokers operating in Texas are required by the Texas Real Estate Commission to complete two 4 hour courses on legal updates to state and federal rules, laws, and best practices. This 2020-2021 course will explore several areas of real estate practice that saw amendments to legal language, rules, and forms. Among those is an emphasis on flood preparation and seller disclosure requirements.
Chapter 01 summarizes key updates to the regulatory framework for licensees, then we move into situations when a Seller’s Disclosure is required. You’ll notice in the next chapter and on the One to Four Family Residential Contract (Resale) that significant changes have been made with regards to discussing known flood risk to a property. Other standard real estate contracts and disclosures were revised, and those are outlined in Chapter 04. Related to that, the next chapter differentiates what licensees can and cannot do as far as advising clients about contract language and real estate law. HUD has new requests for landlords about the use of a tenant’s criminal history in the tenant selection process. Finally, we’ll analyze concerns about in-home surveillance and cyber fraud avoidance.
Forms and articles referenced throughout the course are reproduced at the end in the Appendices. Licensees should read them thoroughly. After each lesson, students will be asked a single question about the material. Three incremental activities and one final exam will test the student’s knowledge. Successful completion of all material will unlock the Certificate necessary for proving credit hours. Please note that the information provided in this course is largely assembled by TREC and Texas A&M University’s Real Estate Center with minimal adaptation by AYPO.
Show Course ID: 1
- Course ID(s): 37796
- Approved By: Texas Real Estate Commission
Phyllis has been a certified real estate teacher since 1999. Her accomplishments in the field of Real Estate education are numerous and include things such as the CREI Designation from the Texas Real Estate Teachers Association, a CDEI designation from the International Distance Education Certification Center, and the At Home with Diversity Instructor Certification through the National Association of Realtors. In addition to her own courses Phyllis reviews Qualifying classes for publishers, reviews MCE classwork for publishers, and is the author of the pre-license classes for salesman and brokers in Texas.