Pennsylvania Real Estate Salesperson Course Course Syllabus

RealEstateU®

Pennsylvania Real Estate Salesperson Course

- Course Syllabus-

Mission Statement The mission of RealEstateU® is to provide practical, innovative, and quality online education for those seeking to enter into the real estate industry, and for existing practitioners seeking to renew their real estate license.

RealEstateU’s courses consist of online video/audio training, taught by experienced professionals, which are designed to satisfy the needs of the fast-paced, time-constrained real estate professional.

Table of contents: Contact Information

Refund Policy

Deadline

System Requirements

About the Course

Age and Residency Requirement

Getting Your Real Estate License

Real Estate Fundamentals - Timed Course Outline

Real Estate Practice - Timed Course Outline

SYLLABUS

Contact Information If you have questions regarding the course material, please email the course instructor, Andrew Anic, at: [email protected]

If you have questions regarding technical support, please email our support team at: [email protected]

Your questions will be answered within 24 hours. Working hours are from 9am-5pm EST, Monday through Friday.

Please visit the FAQ page first and see if you can find the answers to your questions.

Refund Policy The RealEstateU® online Pennsylvania Real Estate Salesperson course is eligible for a refund within 30 days of purchase, and only if the student has NOT completed more than 50% of either the Real Estate Fundamentals or Real Estate Practice courses. All refunds are subject to a $20 Administrative Fee. Any refunds by RealEstateU® can only be granted if the student purchased the course directly through the RealEstateU® website.

Students looking to obtain a refund for courses purchased through Groupon and/or LivingSocial will have to contract Groupon and/or LivingSocial to obtain a refund in accordance with their refund policy.

Deadline Students have 12 months to complete BOTH the Real Estate Fundamentals and Real Estate Practice courses. Students must also pass both final exams (included at the end of each course). Note: Students are required to complete the course in the above set time. Once the course expires, the student will have to pay the course fee again in order to re-activate the course.

System Requirements

What Browsers to Use This course is meant to be viewed using the most popular web browsers: Google Chrome, Safari, FireFox/Mozilla, and Internet Explorer. Parts of this course may not display or function properly if viewed on other browsers. We recommend using Google Chrome when taking the course. The course is updated to work with the latest version of each browser. Please keep your web browser updated.

Operating System Windows 7, Windows Vista, Windows XP (SP 2+)

https://www.realestateu.com/support-faq/

Streaming video also supported on: Mac OS X 10.1 or higher Linux/Solaris distributions with Mozilla 1.4+ or Netscape 7.1+

Processor At least 500Mhz Intel Pentium/Cleron Family or AMD K8/Athlon/Duron Family or compatible RAM 256 MB RAM

Software Internet Explorer 11.0+ or Mozilla Firefox 44.0+ with JavaScript Enabled Windows Media Player 11.0+ Adobe Acrobat 6.0+ Flash Player 9.0+ or Shockwave Player 10.0+ Java 6.0+

Connectivity Broadband (cable/DSL/T-1), Download speed 500K+

Display 1024 x 768 minimum

About the Course

Course Structure The course is divided into Chapters/Modules. The Chapters comprise of Lessons, which are individually timed and locked in a sequence so you CANNOT skip ahead in the course.

Timers Each lesson has a countdown timer that must reach 0:00 before a "Mark Complete Lesson" button will be activated. The timer is located on the bottom left corner of each lesson page. Once the timer reaches 0:00 it will be replaced by the "Mark Lesson Complete" button. You MUST click on the "Mark Lesson Complete" button to unlock the next lesson in the course.

Completed Lessons Completed lessons will automatically be marked with a green dot.

Course Menu A. For those who use a desktop computer or laptopTo navigate the course and go back to any previous lessons, you can use the course menudisplayed on the left side of the screen.

B. For those who use a mobile device (smartphone or tablet)To navigate the course and go back to any previous lessons you can use the course menu whichis located at the top left side on mobile devices (indicated with 3 horizontal lines).The timer and "Mark Lesson Complete" button will be available at the very bottom of thescreen.

Audio Lessons The course primarily consists of audio lessons, which are played on a video player. If the video player takes too long to load, please check your internet connection.

Key Terms Many lessons include 'Key Terms to Know', which are located below the video player. Please make sure you scroll down below the video player to see the key terms.

Chapter Quizzes At the end of each chapter there is a Chapter Quiz. You must complete the Chapter Quiz with a 70% passing grade in order to advance to the next Chapter.

Final Exam The FINAL EXAM is the last chapter in the course. You cannot reach the FINAL EXAM unless you 'Mark Complete' all the lessons in the course, including the Final Steps Chapter. The final exam is proctored and password protected. Once you reach the final exam section you will have to reserve your exam date with ProctorU. All the details regarding your online proctoring with ProctorU will be available in the Final Steps section of the course.

Age and Residency Requirement In order to obtain your Pennsylvania real estate salesperson license, an individual must be a citizen of the United States or a lawfully admitted alien, eighteen (18) years of age or older.

Getting Your Real Estate License

Step 1: Complete Both Required Courses

Complete each of the following courses:

- Real Estate Principles (30 hours)- Real Estate Practice (45 hours)

Step 2: Final Exams

Both courses have a Final Exam, which must be passed in order to complete the course. Per the Commonwealth of Pennsylvania Law, the final exams must be proctored. Each final exam consists of 60 multiple choice questions. There is a 120 minute time limit for each final exam. You must answer at least 42 out of 60 questions correctly (70%) in order to pass the final exam.

The final exams are proctored online by "ProctorU". You are responsible for paying the proctoring fee of $15 per each final exam per attempt. The fee is paid directly to "ProctorU" when scheduling your final exam. You can retake the final exam as many times as needed until you pass.

Step 3: Take the State Exam

Once you complete the two courses and pass the final exams, you can schedule to take your state exam. Upon passing all required portions of the examination, the testing site will print a passing score report (for your records).

Step 4: File Your Salesperson License Application

When you have passed both portions of the examination (within a three year period), you may apply for licensure by submitting a completed application to the Pennsylvania Real Estate Commission. (Details are given on the application form).Submit to the Real Estate Commission:

- fully completed application.- application fee (outlined on application), Cash is NOT accepted.- completed state police criminal record check.- certificates of completion.

Step 5: Sponsoring Broker You must obtain a sponsoring broker before you can start practicing as a licensed real estate agent.

Real Estate Fundamentals - Timed Course Outline

Lesson # LESSON Timer

Chapter 1 - Land, Real Estate and Real Property: Understanding the Difference1.0 Chapter 1: Learning Objectives 0:01:001.1 Basic Definitions 0:22:00

1.1a Land, Real Estate and Real Property Infographic 0:06:001.1b Bundle of Rights Infographic 0:06:001.1c Surface Rights, Subsurface Rights and Air Rights Infographic 0:06:001.2 Real Property vs. Personal Property: Implications for Licenses 0:23:00

1.2a Fixtures Infographic 0:07:001.2b Personal Property Infographic 0:07:00

1.3 Characteristics of Real Estate 0:22:00Chapter QUIZ (25 Questions) 0:25:00Break Time 0:25:00

TOTAL 2:30:00

Chapter 2 - Public and Private Land Use Controls2.0 Chapter 2: Learning Objectives 0:01:002.1 Local, State and Federal Ownership of Land 0:08:002.2 Comprehensive Plans 0:12:002.3 Zoning Ordinances 0:19:00

2.3a Zoning Maps Infographic 0:06:002.3b Building Envelope Infographic 0:06:002.3c Floor Area Ratio Infographic 0:06:002.4 Subdivision Regulations 0:14:002.5 Building Codes 0:25:002.6 Interstate Land Sales Full Disclosure Act 0:17:002.7 The Pennsylvania Municipalities Planning Code 0:04:002.8 The Pennsylvania Construction Code Act 0:02:00

Chapter QUIZ (30 Questions) 0:30:00Break Time 0:30:00

TOTAL 3:00:00

Chapter 3 - Environmental Issues3.0 Chapter 3: Learning Objectives 0:01:003.1 Environmental Protection Legislation 0:16:003.2 Asbestos 0:13:003.3 Electro-Magnetic Fields 0:09:003.4 Groundwater Contamination 0:09:003.5 Lead Poisoning 0:13:00

3.5a Protect Your Family From Lead in Your Home Pamplet 0:08:003.5b Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards 0:07:00

3.6 Radon 0:13:003.7 Underground Storage Tanks 0:11:003.8 Urea Formaldehyde Foam Insulation 0:09:00

3.9 Waste Disposal Sites 0:13:003.10 CFCs 0:05:003.11 Mold 0:05:003.12 Carbon Monoxide 0:05:003.13 The Pennsylvania Sewage Facilities Act of 1994 0:03:00


TOTAL 3:30:00

Chapter 4 - Legal Descriptions4.0 Chapter 4: Learning Objectives 0:01:004.1 Methods Used to Create Legal Descriptions 0:16:00

4.1a Metes and Bounds Diagram 0:09:004.1b Government Survey Diagram 0:09:00

4.2 Legal Description of a Condominium 0:02:004.3 Preparation and Use of a Survey 0:03:00


TOTAL 1:00:00

Chapter 5 - Interests in Real Estate5.0 Chapter 5: Learning Objectives 0:01:005.1 Government Rights/Powers 0:30:00

5.1a PETE Infographic 0:06:005.2 Freehold Estates: Fee Simple Estate 0:08:005.3 Freehold Estates: Life Estate 0:08:00

5.3a Life Estates Infographic 0:06:005.4 Leasehold Estates 0:15:00

5.4a Leasehold Estates Infographic 0:06:005.5 Leasehold Estates: Lease Contracts 0:17:00

5.5a Pennsylvania Residential Lease Agreement 0:06:005.6 Leasehold Estates: Legal Principles of Leasing 0:21:005.7 The Pennsylvania Landlord/Tenant Act 0:04:005.8 Warranty of habitability 0:01:005.9 Leasehold Estates: Types of Leases 0:19:00

5.9a Types of Leases Infographic 0:06:005.10 Encumbrances: Liens 0:17:005.11 Encumbrances: Deed Restrictions 0:12:005.12 Encumbrances: Easements 0:16:00

5.12a Easements Infographic 0:06:005.13 Encumbrances: Encroachments 0:10:00

5.13a Encroachments Infographic 0:06:005.14 Encumbrances: License 0:04:005.15 Water Rights 0:09:00

5.15a Water Rights Infographic 0:06:00Chapter QUIZ (60 Questions) 1:00:00Break Time 1:00:00

TOTAL 6:00:00

Chapter 6 - Forms of Ownership6.0 Chapter 6: Learning Objectives 0:01:006.1 Ownership in Severalty 0:04:006.2 Concurrent Ownership 0:12:00

6.2a Concurrent Ownership Infographic 0:05:006.3 Trusts 0:09:006.4 Partnerships 0:03:006.5 Corporations 0:03:006.6 Limited Liability Company 0:03:006.7 Syndicates 0:03:006.8 Condominium and Cooperative Ownership 0:08:00

6.8a Condominium and Cooperative Ownership Infographic 0:06:006.9 Time-Share Ownership 0:03:00


TOTAL 1:30:00

Chapter 7 - Transfer of Title & Title Records7.0 Chapter 7: Learning Objectives 0:01:007.1 Types of Deeds 0:14:00

7.1a Warranty Deed Sample 0:06:007.1b Special Warranty Deed Sample 0:06:007.1c Quitclaim Deed Sample 0:06:007.1d Grant Deed Sample 0:06:00

7.2 Elements of a Deed 0:14:007.3 Delivery and Acceptance 0:02:007.4 Acknowledgement and Recording 0:04:007.5 Transfer Taxes 0:02:007.6 Pennsylvania State Transfer Tax 0:03:007.7 Involuntary Alienation 0:09:007.8 Adverse Possession Requirements in Pennsylvania 0:02:007.9 Transfer of a Deceased Person's Property 0:05:00

7.10 Public Records and Recording 0:06:007.11 Types of Liens 0:07:007.12 The Pennsylvania Real Estate Tax Sale Law 0:03:007.13 Chain of Title 0:07:007.14 Marketable Title 0:05:007.15 Proof of Ownership 0:06:007.16 Title Problems and Methods to "Quiet" Them 0:03:007.17 Uniform Commercial Code 0:03:00


TOTAL 3:00:00

Chapter 8 - Principles of Contract Law8.0 Chapter 8: Learning Objectives 0:01:008.1 Types of Contracts 0:23:00

8.1a Types of Contracts Infographic 0:08:008.2 Essential Elements of a Valid Contract 0:31:00

8.2a Essential Elements of a Valid Contract Infographic 0:08:008.3 Legal Effects of Contracts 0:26:00

8.3a Legal Effects of Contracts Infographic 0:08:008.4 Performance 0:08:008.5 Assignment and Novation 0:08:00

8.5a Assignment and Novation Infographic 0:08:008.6 Discharge of Contracts 0:23:00

8.6a Discharge of Contracts Infographic 0:08:00Chapter QUIZ (40 Questions) 0:40:00Break Time 0:40:00

TOTAL 4:00:00

Chapter 9 - Principles of Financing9.0 Chapter 9: Learning Objectives 0:01:009.1 Understanding the Flow of Money for Mortgage Loans 0:12:00

9.1a Primary and Secondary Mortgage Markets Infographic 0:08:009.2 Promissory Notes 0:20:00

9.2a Pennsylvania Promissory Note 0:09:009.3 Mortgages 0:24:00

9.3a Mortgages Infographic 0:08:009.4 Deed of Trust 0:18:00

9.4a Deed of Trust Infographic 0:08:009.5 Pennsylvania as an ‘Intermediary Theory’ State 0:02:009.6 Recording Procedures and Priority 0:08:00

9.6a Priority of Liens Infographic 0:08:009.7 Foreclosure 0:31:009.8 Homeowner’s Emergency Mortgage Assistance Program (HEMAP) / Act 91 0:03:00


TOTAL 4:00:00

Chapter 10 - Real Estate License Law / Rules and Regulations10.0 Chapter 10: Learning Objectives 0:01:0010.1 State Real Estate Commission 0:03:0010.2 Definition of Real Estate 0:02:0010.3 Licensure 0:06:0010.4 Operation of a Real Estate Business 0:07:0010.5 Prohibited Activity (RELRA Section 604) 0:06:0010.6 Disciplinary Actions 0:09:0010.7 Real Estate Document Disclosures 0:09:00

10.8 Escrow Procedures 0:09:0010.9 Ethical Responsibilities 0:06:00

10.10 Promotional Land Sales 0:02:00Chapter QUIZ (15 Questions) 0:15:00Break Time 0:15:00

TOTAL 1:30:00

Total Time (Real Estate Fundaments): 30:00:00

Real Estate Practice - Timed Course Outline

Lesson # LESSON Timer

Chapter 1 - The Real Estate Business1.0 Chapter 1: Learning Objectives 0:01:001.1 Types of Activities Real Estate Professionals Engage In 0:11:00

1.1a Real Estate Professionals Infographic 0:08:001.2 Real Property Classifications 0:10:00

1.2a Types of Property Infographic 0:08:001.3 Factors Affecting the Real Estate Industry 0:11:00

1.3a Supply and Demand Infographic 0:08:001.4 Industry Trends 0:05:001.5 Broker/Salesperson Issues: Definitions 0:03:001.6 Broker/Salesperson Issues: Broker and Salesperson Compensation 0:10:00

1.6a Broker and Salesperson Compensation Infographic 0:08:001.7 Brokerage Math 0:10:001.8 Broker-Salesperson Issues: Independent Contractor Agreements 0:09:001.9 Broker-Salesperson Issues: Independent Contractor vs Employee Status 0:09:00

1.10 Independent Contractor vs Employee Status Infographic 0:07:001.11 Licensee Safety: General Safety Concerns 0:07:001.12 Licensee Safety: Safety at the Office 0:07:001.13 Licensee Safety: Safety on the Road and at Home 0:10:001.14 Licensee Safety Issues 0:07:001.15 Licensee Safety: Liability Issues with Accidents, Incidents & Injuries 0:05:001.16 Licensee Safety: Risk Reduction 0:06:00


TOTAL 4:00:00

Chapter 2 - Laws and Regulations Affecting Real Estate Practice2.0 Chapter 2: Learning Objectives 0:01:002.1 Ethics in the Industry, Including How Ethical Practices Relate to the Law 0:05:00

2.1a NAR Code of Ethics 0:06:002.2 Pennsylvania License Laws 0:17:002.3 Anti-Trust Issues 0:11:00

2.4 Fair Housing Laws: Federal Fair Housing Laws 0:25:002.4a Federal Fair Housing Laws Infographic 0:06:00

2.5 Fair Housing Laws: Prohibited Acts 0:09:002.6 Fair Housing Laws: Pennsylvania Fair Housing Laws 0:12:002.7 National Fair Housing Alliance (NFHA) 0:08:00


TOTAL 2:30:00

Chapter 3 - Americans With Disabilities Act (ADA) and Residential Buildings3.0 Chapter 3: Learning Objectives 0:01:003.1 Introduction 0:02:003.2 Key Terms 0:05:003.3 A Brief History 0:02:003.4 What is a disability? 0:02:003.5 What does ADA cover (Titles 1-5) 0:06:003.6 When Does the ADA Apply 0:03:003.7 Building Blocks 0:10:003.8 Accessible Routes 0:03:003.9 ADA Site Requirements 0:03:00

3.10 Handicap Parking Space and Drop-off Areas 0:07:003.11 Curb Ramps / Curb Cuts 0:07:003.12 Ramps (Exterior and Interior) 0:03:003.13 Platform Lifts 0:04:003.14 Entrance Doors and Room Doors 0:15:003.15 Walking Surfaces 0:04:003.16 Elevators 0:03:003.17 Stairways 0:02:003.18 Bathrooms 0:12:003.19 Kitchens 0:03:003.20 Do Not Discriminate! 0:03:00


TOTAL 2:30:00

Chapter 4 - Agency Law4.0 Chapter 4: Learning Objectives 0:01:004.1 What is Agency? 0:08:00

4.1a Agency Relationships Infographic 0:06:004.2 Types of Agency 0:16:00

4.2a Types of Agency Infographic 0:06:004.3 Creation and Termination of Agency 0:14:004.4 Fiduciary Duties 0:15:00

4.4a Fiduciary Duties Infographic 0:06:004.5 Compensation 0:05:004.6 The Pennsylvania Unfair Trade Practices and Consumer Protection Law 0:03:00

Chapter QUIZ (20 Questions) 0:20:00

Break Time 0:20:00

TOTAL 2:00:00

Chapter 5 - Home Ownership5.0 Chapter 5: Learning Objectives 0:01:005.1 Types of Housing Accommodations 0:17:005.2 Factors Affecting Home Ownership 0:12:005.3 Tax and Investment Aspects of Ownership 0:26:00

5.3a Depreciation Infographic 0:03:005.4 Property Tax / Rent Rebate Program 0:02:005.5 Homeowners Insurance 0:15:005.6 Mine Subsidence 0:04:005.7 Taxes and Assessments: The Purpose of Taxation 0:08:005.8 Taxes and Assessments: Assessed Values 0:09:005.9 Taxes and Assessments: Tax Rates / Calculating Property Taxes 0:08:00

5.10 Taxes and Assessments: Protesting Assessments 0:08:005.11 Taxes and Assessments: Special Assessment Tax / Tax Liens 0:07:00


TOTAL 3:00:00

Chapter 6 - Building Construction6.0 Chapter 6: Learning Objectives 0:01:006.1 Key Terms 0:06:006.2 Structural Materials Used in Residential Construction 0:12:006.3 Structural Systems 0:30:006.4 Roofing Systems 0:16:006.5 Flooring Systems 0:10:006.6 Interior Elements 0:07:006.7 Exterior Walls 0:12:006.8 Basements / Foundations 0:06:00


TOTAL 2:30:00

Chapter 7 - Listing the Property - Broker/Owner Relationship7.0 Chapter 7: Learning Objectives 0:01:007.1 Agency Law: Consumer Notice 0:05:00

7.1a Consumer Notice 0:08:007.2 Types of Listing Contracts 0:24:00

7.2a Seller Agency Contract 0:08:007.3 Real Estate Commission Rules and Regulations and License Law Issues Regarding Listings 0:31:007.4 Disclosure of Property Condition 0:07:007.5 Pricing the Property 0:35:007.6 Example of a Comparative Market Analysis 0:07:00

7.7 Comparative Market Analysis Review 0:14:00Chapter QUIZ (35 Questions) 0:35:00Break Time 0:35:00

TOTAL 3:30:00

Chapter 8 - Marketing the Property8.0 Chapter 8: Learning Objectives 0:01:008.1 Marketing the Property 0:08:008.2 Open Houses 0:17:008.3 Internet Marketing 0:21:008.4 Newsletter and Email Campaigns 0:13:00


TOTAL 1:30:00

Chapter 9 - Selling the Property - Buyer/Broker Relationship9.0 Chapter 9: Learning Objectives 0:01:009.1 Client vs Customer Issues 0:32:00

9.1a Buyer Agency Contract 0:07:009.1b Non-Exclusive Buyer Agency Contract 0:07:00

9.2 Real Estate Commission Requirements 0:13:009.3 Risk Reduction 0:20:00


TOTAL 2:00:00

Chapter 10 - The Agreement of Sale10.0 Chapter 10: Learning Objectives 0:01:0010.1 Licensee's Role 0:09:0010.2 Negotiating the Agreement 0:17:0010.3 Necessity For Written Agreements 0:13:00

10.3a Statute of Frauds Infographic 0:07:0010.4 Rules and Regulations Section 35.281 0:05:0010.5 Earnest Money Deposits 0:09:0010.6 Rules and Regulations - Escrow 0:09:0010.7 Components of the Agreement 0:26:00

10.7a Pennsylvania Real Estate Sales Contract 0:09:0010.7b Pennsylvania Real Estate Sales Contract Notices 0:09:00

10.8 Pennsylvania Contracts Rules and Regulations 0:09:0010.9 Performance 0:12:00

10.10 Termination and Discharge 0:13:0010.11 Damages 0:12:00


TOTAL 4:00:00

Chapter 11 - Financing the Single-Family Residence11.0 Chapter 11: Learning Objectives 0:01:0011.1 Lender Considerations 0:11:00

11.1a PITI Infographic 0:06:0011.2 Sources of Loans - Primary Lenders 0:18:0011.3 Conventional Loans 0:18:00

11.3a Types of Loans Infographic 0:06:0011.4 FHA Insured Loans 0:14:0011.5 VA Guaranteed Loans 0:11:0011.6 Other Types of Financing 0:24:0011.7 Mortgage Bankers and Brokers and Consumer Equity Protection Act 0:03:0011.8 Financing Steps: Application and FNMA/FHLMC Uniform Procedures 0:09:00

11.8a Uniform Residential Loan Application 0:05:0011.9 Financing Steps: Qualification Process 0:13:00

11.10 Financing Steps: Underwriting 0:13:0011.11 Financing Steps: Closing the Loan 0:08:00


TOTAL 4:00:00

Chapter 12 - Legislation Affecting Financing12.0 Chapter 12: Learning Objectives 0:01:0012.1 Truth in Lending and Regulation Z (TILA) 0:16:0012.2 Equal Credit Opportunity Act (ECOA) 0:16:00

12.2a ECOA: Know Your Rights 0:09:0012.3 Legislation Affecting Financing: Fair Housing Laws 0:16:00

12.3a Pennsylvania Fair Lending Practices 0:06:0012.4 Real Estate Settlement Procedures Act (RESPA) 0:16:0012.5 Fair and Accurate Credit Transactions Act (FACTA) 0:10:0012.6 Dodd-Frank Wall Street Reform and Consumer Protection Act 0:10:00


TOTAL 2:30:00

Chapter 13 - Appraisal of Property / Property Valuation13.0 Chapter 13: Learning Objectives 0:01:0013.1 Definition of an Appraisal 0:05:0013.2 Purpose of an Appraisal 0:17:0013.3 Factors Influencing Value 0:14:0013.4 Principles of Value 0:16:0013.5 Direct Sales Comparison Approach 0:13:00

13.5a Direct Sales Comparison Approach Infographic 0:07:0013.6 Cost Approach 0:09:00

13.6a Cost Approach Infographic 0:07:00

13.7 Income Capitalization Approach 0:13:0013.7a Income Capitalization Approach Infographic 0:07:00

13.8 Reconciliation 0:05:0013.9 Regulation of Appraisal Activity 0:06:00

13.10 Introduction to Real Estate Investing 0:07:0013.11 Characteristics of Real Property Investing 0:10:0013.12 Key Terminology 0:06:0013.13 Underwriting Summary 0:03:0013.14 Pro-Forma 0:04:0013.15 Exit Strategy 0:03:0013.16 Pro-Forma Analysis 0:27:00


TOTAL 4:30:00

Chapter 14 - Closing the Residential Transaction14.0 Chapter 14: Learning Objectives 0:01:0014.1 Closing the Property vs. Closing the Loan 0:08:0014.2 Title Procedures 0:20:0014.3 Roles of the Parties at Closing 0:18:0014.4 RESPA Requirements 0:12:0014.5 Settlement Statements 0:26:00

14.5a Closing Disclosure 0:09:0014.5b Loan Estimate 0:09:00

14.6 Settlement Calculations 0:30:0014.7 IRS Reporting Requirements 0:08:00

14.7a IRS Form 1099-S 0:09:0014.8 Foreign Investment in Real Property Tax Act (FIRPTA) 0:10:00


TOTAL 4:00:00

Chapter 15 - Property Management15.0 Chapter 15: Learning Objectives 0:01:0015.1 Introduction to Property Management 0:07:0015.2 The Management Agreement 0:09:0015.3 Skills Required of a Property Manager 0:07:0015.4 Differences Between Markets 0:07:0015.5 Obligations to the Owner 0:09:00

LESSON QUIZ (10 Questions) 0:10:00Break Time 0:10:00

TOTAL 1:00:00

Chapter 16 - Real Estate Math16.0 Chapter 16: Learning Objectives 0:01:00

16.1 Introduction to Real Estate Math 0:02:0016.2 Real Estate Formulas 0:08:0016.3 Area Calculations 0:08:0016.4 Simple Interest and Mortgage Calculations 0:08:0016.5 Loan Origination Fees and Discount Points 0:10:0016.6 Loan to Value Ratio 0:05:0016.7 Qualification Ratios 0:06:0016.8 Appreciation and Depreciation 0:12:00


TOTAL 1:30:00

Total Time (Real Estate Practice): 45:00:00

Documents

Pennsylvania Real Estate Salesperson Course Course Syllabus