Real Estate Education Developed by Real Estate Professionals
Info: Your browser does not accept cookies. If you want to put products into your cart and purchase them you need to enable cookies.

New York Real Estate Continuing Education arrow N.Y. 22.5 Hours Package B | CE | 22.5 Hours



N.Y. 22.5 Hours Package B | CE | 22.5 Hours

Price per Unit (piece): $59.00


N.Y. 22.5 Hours Package B

This package meets the NEW Agency requirements for Sales and Brokers   

 Section 1: THE LUCRATIVE CONDO AND CO OP MARKET 

·       Condominiums and Cooperatives

·       Common Elements and Interests

·       Role of sponsor

·       Bylaws and house rules

·       Board of Directors/Managers

·       Managing Agents

·       Offering plan

·       Market practices

·       Flipping

·       Title issues

·       Common charges

·       Maintenance fees

·       Tax deductions

·       Reserve Fund

·       Special Assessments

·       Screening

·       Financial statements

·       Condop

Section 2: Mandatory Fair Housing

 ·       A brief history

·       Laws and exemptions

·       Prohibited practices

·       Steering

·       Redlining

·       Blockbusting

·       Cease and Desist

·       Protected classes

·       Megan’s Law

·       Advertising guidelines and restrictions

·       Responsibility of brokers and salespeople

·       Legacy of segregations

·       Harassment

·       Case studies

 

Section 3: KEEPING OUT OF TROUBLE - Law of Agency, Lead Paint, Code of Ethics –
This section meets the NEW Agency requirements for Sales and Brokers

 

·       Agency and agency agreements

·       Myths vs. facts

·       Types of agency

·       Responsibilities of the agent

·       Fiduciary responsibilities

·       Statements we should never make

·       Who is my client/customer?

·       Creating written agreements

·       Agency disclosure

·       Creating and terminating the listing agreement

·       Disclosure forms

·       Effects of lead poisoning

·       History of lead paint disclosure

·       Ways to protect ourselves

·       Stigmatized properties and latent defects

·       Misrepresentation

·       Megan’s law

·       Commission and deposit money

·       Procuring cause

·       Referring agents

·       Commission escrow act

·       National Association of Realtors Code of Ethics and Standards and Practices

·       Antitrust laws

·       Market allocation

·       Mortgage broker fees

·       Risk Management

·       Vicarious liability

·       Earnest money

·       Misleading statements

·       Rebates, kickbacks, commission

·       NYS lawsuits

 Section 4: IN’S AND OUT’S OF REAL ESTATE FINANCING 

·       Mortgage basics

·       Mortgage banker/mortgage broker

·       Secured loans

·       HUD

·       VA

·       Fixed, adjustable and home equity loans

·       Reverse mortgages

·       Hard money loans

·       Mortgage underwriting

·       Subprime market

·       General procedures and requirements

·       Determining market value

·       Consumer credit counseling

·       Bankruptcy

·       Closing the loan

·       RESPA

·       Points, index, margin

·       Title report and insurance

·       Frauds, scams and red flags

  Section 5: THE IMPACT OF TAXES AND ASSESSMENTS ON THE SALE 

·       Purpose of taxation

·       Taxing jurisdictions

·       Burden of property taxes

·       Calculating property taxes

·       Assessing units

·       Depreciation

·       Income analysis

·       Capitalization rates

·       Determining assessed value

·       Tax liens

·       In rem

·       Equitable right of redemption

·       Statutory right of redemption

·       Special assessments

·       STAR exemptions

·       Reassessments

·       Building permits

·       Tax Grievances

·       Grounds for challenging assessments

·       Judicial review

·       Full and partial reassessments

·       Article 78 proceedings

·       Certiorari proceedings

·       Equalization rates



 * No Partial Credit can be given for this course




 





104-60 Queens Boulevard, Forest Hills, New York 11375
718-275-0003 Phone . 516-781-0366 Fax