Explain When a Contract is Required and Describe Torts. image

Explain When a Contract is Required and Describe Torts.

Real estate torts and earnest money are just two moving parts to your complicated job. If you master both of these topics, your life will become infinitely easier. That is why RealEstateCE.com has just the course for you!

There are series of laws that remedy civil wrongdoings that do not arise from a contract. These are referred to as "torts". As a real estate professional, it is imperative that you understand each of them.

Understanding real estate torts front and back will help you not only spot this type of activity, but also help you avoid these very mistakes.

Our lesson includes in-depth explanations of each tort. Each one is coupled with an example to further your understanding. This real estate continuing education lesson will cover:

  • Negligence
  • Negligent misrepresentation
  • Intentional misrepresentation
  • Intentional concealment
  • Vicarious liability

Once you finish our real estate continuing education lesson, you have the knowledge you need about real estate torts. Therefore, after completing this lesson you will know how to avoid acting in violation of a tort. Furthermore, you will also be able to recognize when a tort violation occurs.

Having the knowledge necessary to recognize a tort violation is a very useful skill. For example, consider a colleague confiding in you about a property he represents. He may tell you about an undesirable aspect of the listing. Following hist statement, he makes an exclamation that he will do his best to keep that undesirable aspect from any potential buyers.

Thanks to the education you received from our continuing education lesson you will be able to identify this as a tort violation. Convincing your colleague otherwise or reporting this knowledge to your management will protect your brokerage from experiencing the consequences.

Therefore, being able to recognize tort violations is, indeed, a very useful skill.

Another crucial part of your job is handling earnest money. It is in your best interest that you know everything there is to know about it.

Earnest money can take many different forms. Which one is the most desirable? What does each kind do? Take the guess work out of earnest money with our real estate continuing education lesson. Once you finish this lesson, you will understand the three most common forms of earnest money.

Earnest money is always a reason to celebrate! That last thing you want is to ruin the celebration with improper money handling.

Learning about the improper handling of earnest money will help you avoid it, as well as recognize it. To further your understanding of improperly handling earnest money, our real estate continuing education lesson includes examples of these situations.

Properly handling earnest money is your goal as a professional. RealEstateCE.com's lesson also includes a section on how to properly handle earnest money.

Perhaps you are a seasoned pro in the real estate industry, or perhaps you are a newcomer. Whatever the case may be, RealEstateCE.com has the perfect lesson for you on torts and earnest money!

Take RealEstateCE.com's lesson, Explain when a Contract is Required and Describe Torts, today!