Legal Update II (2020 - 2021)

Overview

Texas real estate professionals must have a solid understanding of the rules related to ethics, advertising, and agency in order to lawfully and ethically guide clients through transactions. This course explores these important topics as well as title and closing issues, lender and inspector relationships, copyright concerns, and RESPA compliance.

Learning Objectives

Upon completion, students will be able to:

  • identify real estate professionals' ethical duties in general and when handling unrepresented buyers
  • describe the difference between rebates and referral fees and who may receive each
  • explain how the intermediary process works
  • understand how to comply with TREC advertising rules
  • recognize examples of copyrighted material and how to avoid copyright infringement
  • identify issues that arise with seller LLCs and trusts
  • describe inspector and lender duties in a real estate transaction

Designed For

Real estate licensees in Texas
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