A,C,E,FH,I,L – NEW YORK 22.5 HR PACKAGE 6 #C06716

Categories: New York
Includes 365 days access

Course Overview

N.Y. 22.5 Hours Package 6

COMMERCIAL AND INVESTMENT REAL ESTATE

·       Introduction and key terms

·       Understanding the profession

·       Definition of types of commercial real estate

·       Risk vs. return

·       Financing the property

·       Zoning and land use

·       Nature of real property

·       Eminent domain and escheat

·       The appraisal processes

·       Buying vs. leasing for the investor

·       Terms and conditions of commercial leases

·       Anatomy of commercial real estate transactions

·       Investment considerations

AVOID PROBLEMS, MANAGE RISK THROUGH ETHICS

·       Introduction to risk management

·       NAR Code of Ethics and Standards and Practices

·       Laws and regulations

·       Law of agency

·       Documents and disclosures

·       Fraud and misrepresentation

·       Lead paint effects and disclosure

·       Anti-trust laws and enforcement

ANTI-DISCRIMINATION AND FAIR HOUSING This section meets the required 3 hrs.of Fair Housing

·       Discrimination, in the beginning

·       Prohibited practices

·       Megan’s law

·       Responsibility of brokers and salespeople

·       Legacy of segregation

·       Case Studies

LAW OF AGENCY This section meets the required 1 or 2 hrs. of Agency

·       Agency and agency agreements

·       Fiduciary responsibilities of the licensee

·       Dual agency

·       Buyer brokerage

·       Who is my customer/client?

·       Vicarious liability

 

Implicit Bias

 

 

·
Understanding concepts of bias

 

 

·
Understand how implicit bias forms

 

 

·
Recognize bias in legal system

 

 

·
Be able to understand how implicit bias happens
in real estate and advertising

 

 

Cultural Competency

 

 

·
Be able to understand cultural differences

 

 

·
Know why culture matters

 

 

·
Know how to become culturally competent

 

 

·
Understand how to create a culturally sensitive
real estate experience.

 

* No Partial Credit can be given for this course