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3.0 hours Risk Awareness

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Course Syllabus:



3 Elective Hours

The consumer of today is better educated and more willing to litigate than in the past; largely due to access to information on the internet. This creates a legally complicated and risky environment for real estate professionals. The intention of this course is to teach real estate licensees how to recognize, evaluate and manage risk.

Instructor: Susan Davis
Coura Gaye-Sow
Author: Susan Davis, CDEI 4066or
Mandatory Seat Timer: Yes
Format: Online
Credit Hours: 3
Required Quiz Grade: 0
Exam Required: No

Content Review:
The Table of Contents page within each course will list the lesson titles and the expected time it should take the student to complete.

Kickout Minutes:
15 minutes. We need to receive a keystroke or mouse click from you every 15 minutes in order for your elapsed time to apply to your total time. If your elapsed time is greater than 15 minutes, then your time will not be counted towards your course time.

Availability of Course:
You will have 180 days to complete the course. The State course expiration date will override the account expiration date assigned at the time of purchase. Any expired, unfinished course will be replaced with a current state approved course, and will be available to you until your account expires. The courses can be accessed from any device connected to the internet at any time.

Oregon Real Estate Agency course approval number: 4066or

Course Objective

Outline and discuss risks specific to the business of real estate.

List the common areas of risk in a real estate practice.

Describe the steps that licensees can use to successfully manage risk.

Explain the importance and effects of proper documentation.

Explain the elements of fraudulent, negligent and innocent misrepresentation.

Describe acts that could be considered negligence.

Relate the disclosure obligations a licensee owes to sellers, buyers, non-clients, and to other licensees.

Summarize the top legal issues real estate licensees face dealing with disclosure.