FR iCE - Core Law - Avoiding the Danger Zone
Friday, September 13, 2024 (9:30 AM - 12:30 PM) (EDT)
This class is offered through our partnership with Florida Realtors®. You must remain visible on camera for the duration of the class in order to earn CE credit. You will receive an email providing you with a link to separately register for the Zoom webinar a few days prior to the date of the class. Once you receive the email you will need to use that link to register for the zoom webinar through Florida REALTORS®. After registering with Florida REALTORS® you will receive the zoom link for the webinar.
Understanding real estate law is part of every real estate licensee’s business. The more a licensee knows, the better he or she can work with customers and safeguard them from legal complications. Buying and selling property requires a lot of legal paperwork. Today, more than ever, it’s important to know the laws governing the practice of real estate. This material will provide a "red flag notice" of when participants are potentially going into a danger zone—the unlicensed practice of law.
Per Chapter 475.451, this course may only be taught by DBPR Permitted Instructors.
Objectives: After taking this class students will be able to:
• Identify and avoid the unlicensed practice of law.
• Describe the two Supreme Court Approved lease forms for use by licensees in Florida.
• Describe the seller’s duty to disclose material facts under the Johnson v. Davis ruling and the licensee’s duty under Rayner v. Wise Realty Co.
• Demonstrate knowledge of the Florida Landlord and Tenant Act.
• Describe the disclosures required in the sale of Condominiums or properties covered by a Homeowner’s/Community Associations.
• Identify Florida Environmental and Growth Management Laws.
• Demonstrate knowledge of the requirements in the Florida Brokerage Relationship Disclosure Act.
• List the duties included in the Single Agent, Transaction Broker and No Brokerage Relationship.
• Identify the requirements for transitioning a brokerage relationship from one to another.
• Describe the disclosure requirements in the Designated Sales Associate Relationship
• Explain the FREC rules regarding a Broker’s Escrow Account.
• List and describe some of the common environmental hazards associated with real property
• Identify the rules regarding Mutual Recognition Agreements Florida has with other states regarding licensing education.