Environmental Hazards

Licensees need to familiarize themselves with environmental issues because they have a responsibility to disclose to buyers any information that might affect their decision to buy.

Includes: Certificate of Completion

Credit Type: General

Credit: 4 Hour(s) | Language: English

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About this Course

The course approval number for this course will be available upon request

This course covers major environmental hazards. Licensees need to familiarize themselves with environmental issues because they have a responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a property's value, so buyers, sellers, lenders, and licensees all can be affected by them. This course includes the following lessons: - The Indoor Environment- The External Environment- Legislation- Disclosure and Site Assessment- Real Estate Practice Students will learn throughout this course to identify internal and external environmental issues. They will learn about health hazards, environmental legislation, liability and responsibility for cleanup and protection. They will also learn about actions they should take and how issues affect licensees and lending. Licensees are not expected to be environmental experts, but in this course, students will acquire competency with environmental issues which will help them to elucidate issues for buyers, sellers, and lenders. Knowledge of environmental issues also will help protect them from charges of nondisclosure. The conclusion of this course presents real world dilemmas and applications of the information presented. As the student completes this course, he or she should try to paint a big picture of environmental issues, which the course will address with comprehensive content questions, practices, and case studies.

Course Topic

Lesson 01: The Indoor Environment

Lesson 02: The External Environment

Lesson 03: Legislation

Lesson 04: Disclosure and Site Assessment

Lesson 05: Real Estate Practice

Course Learning Objectives

Upon completion of this course, you should be able to:

  • Identify recent laws that have an impact on environmental issues, including lead-based paint disclosure laws.
  • State the procedures used to locate toxic waste sites, the responsibilities for clean-up, and steps that may be taken to minimize future liabilities.
  • Describe the nature of major air pollutants and the remedies that may be applied to minimize their effects.
  • Identify sources of human exposure to PCBs and health effects seen in humans exposed to PCBs.
  • Outline landowners' responsibility for the protection of wetlands areas on their property.
  • Identify the issues landowners and developers face regarding endangered-species protection.
  • Recall the nature of Electromagnetic Fields (EMFs) and the possible need for testing in areas where these are present.
  • Describe the major provisions of the Small Business Liability Relief and Brownfields Revitalization Act.

Regulatory Information

Name:Indiana Real Estate Commission
Phone:317-234-3009
Fax:317-233-4236
Website URL:https://www.in.gov/pla/real.htm
Email Address:pla9@pla.in.gov
Address:402 West Washington Street, Room W072
City:Indianapolis
State:IN
Zip:46204

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