Corporate Training By Zack Academy - Real Estate Courses - Public Restrictions on Land/Contract Law/Types of Contracts

Please Note:  We offer 10 classes that have a 4-hour duration each. By ordering this 1 course, you receive the other 9 classes for free! Upon completion of the full 40 hours you receive an affidavit that must be turned in with an application to test. Our classes are offered mornings, afternoons, evenings and weekends. You may pick and choose which classes work for you and take them in any order until you have completed the ten classes.

Why Should You Take This Real Estate Course - Public Restrictions on Land/Contract Law/Types of Contracts?

This Real Estate Course - Public Restrictions on Land/Contract Law/Types of Contracts is for students preparing for a career in real estate. We cover topics that a student is expected to know to become familiar with in order to pass the real estate exam, obtain a real estate license, and begin working as a real estate agent. This includes a wide range of fundamental concepts, legal rules and industry practices.

The real estate industry is a large and influential sector of the U.S. economy employing millions of people nationwide. It includes not only real estate brokers and agents, but also property managers, relocation specialists, real estate investment counselors, real estate appraisers. home inspectors, title company employees, escrow agents, and real estate developers. The real estate industry is closely allied with the construction industry, an also with the mortgage industry - the financial institutions, private companies, and other investors that provide financing to real estate owners, developers and buyers.

Who Should Attend This Real Estate Course - Public Restrictions on Land/Contract Law/Types of Contracts?

• Real estate salespeople
• Brokers
• Investors
• Property managers
• Those selling or buying for their own personal reasons

The Following Topics Will Be Covered:

PUBLIC RESTRICTIONS ON LAND

• Land Use Controls
• Comprehensive Planning
• Zoning
• Building Codes
• Subdivision Regulations
• Floodplain Restrictions
• Environmental Laws
• Eminent Domain
• Taxation
• General Real Estate Taxes
• Special Assessments
• Conveyance Taxes

CONTRACT LAW

• Legal Classifications of Contracts
• Express vs. Implied
• Unilateral vs. Bilateral
• Executory vs. Executed
• Elements of a Valid Contract
• Capacity
• Mutual Consent
• Lawful Objective
• Consideration
• The Writing Requirement
• Legal Status of Contracts
• Void
• Voidable
• Unenforceable
• Valid
• Discharging a Contract
• Full Performance
• Agreement Between the Parties
• Termination
• Breach of Contract
• Rescission
• Compensatory Damages
• Liquidated Damages
• Specific Performance
• Tender

TYPES OF REAL ESTATE CONTRACTS

• Listing Agreements
• Earning a Commission
• Elements of a Listing Agreement
• Purchase Agreements
• Typical Provisions
• Binder
• Amendments
• Escrow Agreements
• Land Contracts
• Rights and Responsibilities of the Parties
• Remedies for Default
• Reasons for Using a Land Contract
• Leases
• Requirements of a Valid Lease
• Lease Renewal
• Transferring Leased Property
• Termination of a Lease
• Option Agreements
• Requirements for a Valid Option
• Option Rights
• Recording an Option
• Right of First Refusal

Please Note:  There is an exam administered by the testing company that has two parts. Each part must obtain a minimum grade of 70% to pass.