| Core A: Agency, License Law and Escrow |
|
| 75 Minutes - Agency: |
|
|
Section 15-5. Legislative intent |
2 mins. |
|
Section 15-10. Relationship between licensees and consumers |
3 mins. |
|
Section 15-15. Duties of licensees representing clients |
20 mins. |
|
Section 15-25. Licensees relationship with customers |
5 mins. |
|
Section 15-30. Duties after termination |
2 mins. |
|
Section 15-35. Agency relationship disclosure |
5 mins. |
|
Section 15-40. Compensation does not determine Agency |
8 mins. |
|
Section 15-45. Dual agency |
20 mins. |
|
Section 15-50. Designated agency |
5
mins. |
|
Section 15-75. Minimum Services |
5
mins. |
| |
|
| 50 Minutes - License Law Miscellaneous: |
|
|
Section 1-10. Definitions - agency,
broker, brokerage agreement, compensation, confidential information,
customer, dual agency, escrow moneys, managing broker, ministerial
acts, office |
10
mins. |
|
Section 10-20. Sponsoring broker;
employment agreement |
5
mins. |
|
Section 20-20 (a). Disciplinary actions and causes not related to escrow |
25
mins. |
|
Recent changes or additions to
License Act |
10
mins. |
|
Section 15-75. Minimum Services Legislative
intent - 2 mins. |
5
mins. |
|
|
|
| 25 Minutes - Escrow: |
|
|
Section 1450-175. Overview - as
it applies to initial handling, depositing, maintaining and disbursing;
disputed action. |
15
mins. |
|
Section 20-20. Disciplinary causes
related to escrow |
10
mins. |
|
|
|
| Core B: Legal Issues |
|
|
A 3-hour course satisfying the
Core B requirement shall provide instruction on one or more topics
included in the broad category of "Legal Issues." The Real Estate
Education Advisory Council intends to provide flexibility to licensed
CE schools determining the specific topics included within 3-hour
courses satisfying the Core B requirement. The following list
sets forth, without limitation, examples of topics that are acceptable
for Core B instruction. |
|
|
Mortgage fraud |
|
|
Short Sales and Foreclosures |
|
|
Federal
laws and regulations affecting real estate, including, but not
limited to, those governing: |
|
|
Anti-trust |
|
|
Fair
housing |
|
|
RESPA |
|
|
Do-Not-Call,
Junk Fax Protection, Can Spam, etc. |
|
|
Disclosure
(e.g., lead paint, other environmental) |
|
|
MARS
disclosure requirements |
|
|
Employment |
|
|
Illinois,
county and municipal laws and regulations affecting real estate,
including, but not limited to, those governing: |
|
|
Fair
Housing (e.g., Illinois Human Rights Act) |
|
|
Disclosure
(e.g., residential real property disclosure, radon, other environmental) |
|
|
Leases
and landlord-tenant issues |
|
|
Property
management |
|
|
Enforcement cases |
|
|
Office
policies addressing legal issues |
|
