Washington Real Estate Prelicense Course Washington Real Estate Fundamentals

Washington Real Estate Fundamentals

159.00 159.00
$159.00
PRICE PER USER
$
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USERS


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  • Course Delivery: On Demand
  • Language: English
  • Audience: Any

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Description

This prelicense course begins by introducing the student to various types of real estate careers, activities, companies, and governmental agencies that regulate the industry. Then the course explores property rights, forms of ownership, property restrictions, and zoning. Students will learn the mathematical calculations and formulas commonly used in the real estate industry. The course provides an overview of agency relationships, contract law, property transfers, listing agreements, and deeds as well as environmental issues that licensees may encounter. The general prelicense section ends with an exploration of loans and the loan process, leasing, appraisal methods, and fair housing laws. The license law portion examines the laws and rules governing the licensing and conduct of real estate professionals, as well as the role, structure, responsibilities, and duties of the Real Estate Commission. Students explore the real estate related activities that require a license, as well as the requirements for obtaining and renewing various real estate licenses. Licensee duties, agency relationships, unprofessional conduct, trust accounts, disclosures, and record retention are also discussed.

 

Course Objectives

Upon completion of this course, the student will be able to:

  • Learn the mathematical calculations and formulas commonly used in the real estate industry.
  • Get an overview of agency relationships, contract law, property transfers, listing agreements, and deeds as well as environmental issues that licensees may encounte
  • Examine the laws and rules governing the licensing and conduct of real estate professionals, as well as the role, structure, responsibilities, and duties of the Real Estate Commission.
  • Explore the real estate related activities that require a license, as well as the requirements for obtaining and renewing various real estate licenses.
 

Topics Covered

This course covers the following topics: Real Estate as a Career Real Property Rights Characteristics of Real Property Land Use Fixtures Land, Tenements, Hereditaments, and Estates Life Estates Life Tenants and Nonfreehold Estates Concurrent Ownership Condominiums and Cooperatives Time Shares and Business Organization Ownership Easements and Liens Restrictions and Covenants Zoning Real Estate Ownership: A Summary Real Estate Math: Formulas Real Estate Math: Prorations Real Estate Math: Survey Systems Agency and Brokerage Relationships Brokerage Dual Agency Listing Agreements Legal Descriptions Basic Contract Law Types of Contracts Avoiding Fraud and Void Termination of Contracts Sale Contracts The Selling Process Deeds: Part 1 Deeds: Part 2 Title Insurance Environmental Issues Asbestos and Formaldehyde Real Estate Financing Practices Types of Mortgages Mortgage Bankers FHA and VA Programs Veterans' Administration Loans The Loan Process Lending Regulations Principals of Lending Real Estate Valuation Comparative Market Analysis Highest and Best Use Appraisal Steps The Net Income Approach The Cost Approach Escrow and Settlement Process Closing Basics Basics of Leasing Lease Contracts Property Management WA Residential Landlord Tenant Act, Part 1 WA Residential Landlord Tenant Act, Part 2 Real Estate License Law Duties and Responsibilities Brokerage Service Requirements – Transactions and Recordkeeping Required Records Trust Account Procedures Agency Relationships and Duties Property Disclosures Fair Housing Laws and Protected Classes Americans with Disabilities Act History of Fair Housing in America Fair Housing: Law of the Land Fair Housing Rules
 

Regulatory Information

Washington Real Estate Fundamentals - Washington Department of Licensing

  • Name:
  • Washington Department of Licensing
  • Phone:
  • 360-664-6488
  • Fax:
  • 360-586-0998
  • Website URL:
  • http://www.dol.wa.gov/business/realestate/
  • Email Address:
  • [email protected]
  • Address:
  • 2000 Fourth Avenue West
  • City:
  • Olympia
  • State:
  • WA
  • Zip:
  • 98502
 

End of Course Instructions

You have successfully completed your Pre-License course. Congratulations!
Your certificate is available for download from your Course Roster. Please Print this for your records.
Your certified application for the Real Estate Salesperson's Exam is included in the handbook that will be mailed to you by 360training. When you receive it, please accurately fill out the application. To qualify for the exam you must submit the application as described in the handbook.
For questions regarding your application or accreditation, please contact 360training. The contact information can also be found on the Help page.

360training Support
1(800) 442-1149
[email protected]

Be sure to check out our new line of professional development courses available at AgentCampus.com!
 

Quiz Information

70% on quizzes
 

Exams

70% on final

 

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