Course Length: 3 Hours
CE Credit: Agency
After your purchase is complete, you may access your Online Education course(s) by visiting http://www. onlineed.com/car
Also part of Ed-Pak 15, Ed-Pak 45-15, Ed-Pak 45-9 & Ed-Pak Mortgage
This course is designed to give the licensee a comprehensive understanding of the law of agency as it applies to the practice of real estate in today's market. The basic concepts of agency law are presented. The discussion of agency law is based upon both the Common Law concepts of agency and also the California codification and expansion of agency law concepts. The fiduciary duties of the licensee are emphasized. Attention is also focused on the historical development of agency as it applies to the real estate industry. In this discussion, the concepts of seller representation, buyer representation and dual agency are examined in the context of modern brokerage practice. The specific requirements of the California Agency disclosure law and procedures are also presented.
Course Materials:
The course contains approximately 51 pages of text, plus two appendices and four section quizzes. The section quizzes, cover page, first four introductory pages and appendices are not counted as course text content. The course is divided into five sections and two appendixes. A review quiz of five questions follows Sections 1 through 4. A quiz score of 60% or greater is required prior to being allowed to proceed to the next course section. A final examination is required at the end of the course. The final examination consists of 55 questions, of which forty questions are in a true or false format and fifteen are in a multiple choice format. A test score of 75% or greater is required for course completion. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The final exam test results will not be displayed to the student.
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