Indiana Real Estate Continuing Education Deeds-IN

Deeds-IN

20.00 20.00
$20.00
PRICE PER USER
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  • Course Delivery: On Demand
  • Credit Hours: 2
  • Credit Type: General

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Description

A deed is the most common written instrument used to convey the title to real property. Consequently, all real estate professionals need a clear understanding of the uses and purposes of different types of deeds. This course illustrates the difference between the concept of title and the concept of a deed. This course includes the following lessons: Introduction to Deeds and Title Conveyance Types of Deeds State-Specific Information Real Estate Practice The first lesson of this course reviews the requirements of a legally enforceable contract. And, because a deed is a legal contract between two parties, requirements for a deed to legally convey the title to real property are also reviewed and explained in detail. The second lesson of this course covers types of deeds and their different uses. Types of deeds differ in the extent of covenants and warranties on the title that are offered to the grantee. The most common types of deeds for voluntary land conveyance are general warranty deeds, special warranty deeds, bargain and sale deeds and quitclaim deeds. The lesson then identifies other types of deeds that may be used for special purposes. However, all states have distinctive legislation pertaining to title conveyance. As a result, the third lesson of this course outlines relevant state statutes that affect deeds, including those that differentiate between the unauthorized practice of law and the lawful role of real estate professionals. The last lesson in this course is a real estate practice lesson in which the student is presented with real world situations that licensees might face in the field. This lesson gives the student the opportunity to employ his or her new knowledge, and to use the material in this course to properly manage ethical predicaments and problematic transactions.

 

Course Objectives

Upon completion of this course, the student will be able to:
- List the general requirements of a legally enforceable contract.
- Describe the difference between the concepts of “title” and “deed.”
- Explain the basic use and purpose of deeds.
- Identify the elements of a deed for voluntary land conveyance.
- Recognize the different types of deeds and identify what type of deed should be used, depending on the quality of estate and condition of title to be transferred.
- Distinguish his or her role as a real estate professional from the role of a licensed attorney.
- Describe state-specific laws pertaining to title conveyance.

 

Regulatory Information

Deeds - Indiana Real Estate Commission

  • Name:
  • Indiana Real Estate Commission
  • Phone:
  • 317-234-3009
  • Fax:
  • 317-233-4236
  • Website URL:
  • http://www.in.gov/pla/real.htm
  • Email Address:
  • [email protected]
  • Address:
  • 402 West Washington Street, Room W072
  • City:
  • Indianapolis
  • State:
  • IN
  • Zip:
  • 46204
 

Subject Matter Expert

All course material updated and maintained by 360training.com
 

End of Course Instructions

Once you have completed this continuing education course you return to your student profile page where your Certificate of Completion is available for printing. Please keep a copy of your certificate for your own records.

 

Quiz Information

You are required to pass the quizzes to move on to the next lesson.

 

Exams

You will be required to pass the final exam with a 70% in order to receive course credit.

 

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