This class discusses of the roles, duties and obligations of listing and selling agents, including their duties owed to clients and customers. It also reviews the common types of agency agreements. Dual and designated agency relationships are also covered. This is a required course.
A summary of recent developments in the law that are important to real estate licensees, this course reviews recent legislation and pertinent case law. In addition, this course discusses flood insurance and the National Flood Insurance Program (NFIP). This is a required course.
This course outlines the elements of a valid contract. It focuses on the three contracts most commonly used by licensees: the listing agreement, the buyer/broker agreement, and the sales contract. Attendees will also learn about the necessary forms, disclosures and addenda that accompany a real estate contract in Virginia. This is a required course.