CONNECTICUT Real Estate CE
1031 Exchanges 3 Hrs
Real Estate Appraisal 3 Hrs
Asset Management 3 Hrs
Home Inspection 3 Hrs
CONNECTICUT
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REAL ESTATE CONTINUING EDUCATION REQUIREMENTS
CONTINUING EDUCATION OPTIONS:
A. Complete 12 Hours of Continuing Education courses from an approved school. The courses shall consist of the following::
1. SIX hours (6) of Mandatory coursework as determined by the Connecticut Real Estate Commission. 2008 Mandatory courses are:
CURRENT ISSUES IN REAL ESTATE I (3 HOURS)
CURRENT ISSUES IN REAL ESTATE II (3 HOURS)
2. SIX hours (6) of real estate elective courses approved by the Commission and from an approved School.
OR
B. Pass the 40-question Connecticut Continuing Education Examination.
You can schedule a test date directly with the testing company.
To schedule a test date call: 1-800-733-9267 or go to: www.psiexams.com
OR
C. Brokers - If you passed your original licensing examination between 4/1/2006 and 3/31/2008, you do not need to take the continuing education courses for first renewal of 2008. (The date used is not the issuance date of your first license, it is the exam date.)
Salespersons – If you passed your original licensing examination between 6/1/2006 and 5/31/2008, you do not need to take the continuing education courses for first renewal of 2008. (The date used is not the issuance date of your first license, it is the exam date.)
The Score Reports you received will reflect the examination passing date.
SAMPLE COURSE DESCRIPTIONS
Section 1031 of the Internal Revenue Code allows for a tax deferment on the exchange of "like kind" income-producing property. In essence, an individual may trade an old income-producing or commercial capital asset for a new one of "like kind" without paying tax on any of the gains. Instead, the tax is deferred until the chain of exchanges is permanently broken.
Commercial real property can qualify for a tax-deferred exchange, providing that the transaction is properly managed through the cooperation of many different professionals. This module outlines the uses of 1031 exchanges, covering what constitutes exchangeable property, the definition of "like kind," the roles of different professionals in 1031 exchanges, the benefits and drawbacks, as well as the different types of exchanges commonly used for real estate transactions.
A real estate professional familiar with the Section 1031, its meaning, use and scope, will be able to expand his or her clientele base and will be better equipped to advise investor and commercial clients over the course of their transactions, from the property finding phase through closing.
This course includes broad issues and describes the procedures for measuring the total square footage of detached single-family homes and multifamily gross building areas. The methods employed will standardize the calculation process and enable the users of this information to obtain accurate and reproducible measurements for total gross living area of residential properties. The student will learn how to treat the finished areas above and below grade, finished living area above the garage, and the unfinished areas within the structure. The standard will allow individuals and organizations to agree and cooperate in communicating these square footage quantities to users for this information.
It includes the following lessons:
• American National Standard for Single-Family Residential Buildings
• Measurement and Calculation
• Appraisal Values
• The Appraisal Process
• Uniform Standards of Professional Appraisal Practice
• Valuation Analysis
• Summary and Other Guidelines
• Critical Thinking Questions and Case Studies
In order to own and convey property in a market economy it is necessary for that property to be assigned a specific monetary value. This process, unlike, say, that of assigning value to durable goods—which have specific materials, production and marketing costs—can be somewhat more involved. With property, the fixed costs—building materials and labor costs—are always accompanied by more esoteric factors that go to make property more (or less) valuable. Becoming a member of the group that understands and applies these factors is a bit more complex than simply being able to understand a balance sheet.
The objective of this course is to familiarize the student with the principles, theories, duties and activities that pertain to real estate appraisal and valuation. Developing an opinion of value is what the real estate appraiser does, but, as we’ve alluded to, this is far from an effortless process. Understanding the obligation of the real estate industry to promote professionalism and ethical business practices is a beginning to being able to carry out this process such that it is beneficial to licensees, consumers and the market in which they do business.
As well as touching upon general standards by which the value of property should be established, this course is broken down into separate lessons which cover:
• Role of a Real Estate Appraiser
• Federal Legislation and National Agencies Governing the Industry
• An Overview of Basic Value Principles
• Dynamics of the Real Estate Market
• Three Approaches to Appraisal
• Appraisal Process
• Real Estate Appraisal Practice Exercises
Completing this course will leave the student with a good understanding of fundamental principles of appraisal, methods of real estate valuation, the various kinds of appraisal licensure and certification, the diverse types of appraisal, and what license or certificate is appropriate for given ones. In addition, the course examines the ways in which appraisal can affect both the larger economy and the availability of housing. The course concludes with real-world practice lessons in which students apply their new knowledge to examples and case studies.
This course explores the meaning of real property ownership and the differences between real estate and personal property. Although these terms are often used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers. This course addresses the following topics:
• Personal and Real Property Ownership
• Land Description
• Controlling Development
• Real Estate Practice Lesson
Throughout this course, the student will learn how different commodities—land, real estate, and real property – transfer and relate to one another. In addition, the student will learn about land use theory and come to understand how our federal, state, municipal and private authorities govern and plan our communities. This course covers legal descriptions as well as informal descriptions, the development of these concepts and the role they play in the real estate industry.
This course’s final lesson presents real-world dilemmas and provides opportunities to apply the information covered in the rest of the course. As the student completes this course, he or she should try to develop a broad understanding of real property use and to place this understanding within the larger context of real estate practice as a whole. This final lesson aims to help the student achieve this goal using comprehensive content questions, practice examples and case studies.
Asset Management is the term used for the decision-making process involved in maximizing returns on real property investments. This process includes such decisions as whether or not to renew a lease for a tenant, purchase or lease more assets, improve, sell or rent one’s current assets, etc. The asset manager must be aware of market trends and indicators and must be able to accurately predict the cash inflows and outflows of his or her own holdings. This course provides an introduction to the basics of asset management. It introduces the student to the key ideas and concepts of management as well as the techniques a manager will use to evaluate the market and evaluate the financial impact of alternatives in order to make properly informed decisions. The student will learn how to handle distressed properties and how to successfully market a revenue-increasing strategy.
The course ends with case studies and real world practice, which will aid the student in becoming confident and familiar with the various aspects of asset management.
As the market becomes more competitive, only a business comprised of well-rounded licensees who provide comprehensive advice will continue to stand out. This course instructs real estate licensees on the basics of home inspection. An understanding of this information will allow the student to serve his or her clients and customers better.
This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.
The first lesson presents a general overview of liens. It explains the classification of liens and discusses the types of non-tax liens. Lesson two discusses taxes and tax issues, including ad valorem taxes, real estate tax computation, special assessments, real estate transfer taxes, federal income taxes, capital gains taxes and tax shelters for homeowners and investors. It also discusses the priority of liens. Lesson three addresses the methods of foreclosure, redemption, deficiency judgments, tips for homeowners facing foreclosure and fraudulent behaviors related to foreclosure.
The conclusion of this module presents real world dilemmas and applications of the information presented. As the student completes the module, he or she should try to paint a big picture of the issues surrounding liens, taxes and foreclosures, which the module addresses with comprehensive questions, activities and case studies.
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Online SchoolRoom is the premier site for real estate continuing ed classes. You can learn about us or contact us if you have a problem and we have help available 24/7. We have continuing ed courses for Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Indiana and Kansas. We also serve Maine, Michigan, Minnesota, Mississippi, Missouri and Montana. The list continues with Nebraska, Nevada, New York, North Carolina, Ohio, Oklahoma, Pennsylvania and Tennessee. We finish with Texas and Virginia. If you can't find what you are looking for, please use our sitemap.
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City & Regional Web Sites
Andover - Guide - Andover Home Page
Ansonia - Official Web Site
Beacon Falls - Official Web Site
Berlin - Chamber of Commerce
Bethlehem - Official Web Site
Bloomfield - Official Web Site
Bloomfield - Chamber of Commerce
Branford - Chamber of Commerce
Bridgeport - Economic Resource Center
Bristol - Official Web Site
Central Connecticut - Economic Development Alliance
Chester - Official Web Site
Chester - Guide - Chester, Connecticut
Clinton - Official Web Site
Connecticut River Valley & Shoreline - Visitors Council
Danbury - Guide - Danbury Community Network
Darien - Official Web Site
Darien - Chamber of Commerce
Deep River - Guide - Deep River Connecticut
Derby - Official Web Site
East Hartford - Official Web Site
Eastern Connecticut - Chamber of Commerce
Essex - Official Web Site
Fairfield - Chamber of Commerce
Farmington - Chamber of Commerce
Franklin - Official Web Site
Georgetown - Guide - Georgetown Online
Glastonbury - Official Web Site
Glastonbury - Chamber of Commerce
Glastonbury - Guide - Glastonbury.com
Greater Valley - Chamber of Commerce
Greenwich - Official Web Site
Groton - Official Web Site
Guilford - Chamber of Commerce
Haddam - Guide - Haddam, Connecticut
Hamden - Official Web Site
Hartford - Official Web Site
Hartford - Chamber of Commerce
Hartford - Convention & Visitors Bureau
Hartford - Guide - The Downtown Hartford Page
Hartford - Guide - Hartford...Downtown
Hebron - Official Web Site
Housatonic Valley - Tourism District
Killingworth - Chamber of Commerce
Lebanon - Official Web Site
Litchfield - Guide - Litchfield, Connecticut
Litchfield Hills - Travel Council
Manchester - Official Web Site
Manchester - Chamber of Commerce
Meriden - Official Web Site
Meriden - Chamber of Commerce
Middletown - Official Web Site
Middletown - Guide - Middletown, Connecticut
Milford - Chamber of Commerce
Mystic - Chamber of Commerce
Mystic - Community Guide - Visit Mystic
Mystic - Convention & Visitors Bureau
Naugatuck Valley - Guide - The Electronic Valley
Naugatuck Valley - Guide - NVDC Home Page
New Hartford - Official Web Site
New Haven - Official Web Site
New Haven - Regional Business Resource Center
New Haven - Chamber of Commerce
New Haven - Greater New Haven Convention & Visitors Bureau
New Milford - Official Web Site
New Milford - Chamber of Commerce
Newington - Official Web Site
Newington - Chamber of Commerce
Newtown - Economic Development Commission
North Central Connecticut - Chamber of Commerce
North Central Connecticut - Tourism Bureau
Northeast Connecticut's Quiet Corner - Visitors District
North Haven - Official Web Site
Norwalk - Official Web Site
Norwalk - Public Library
Norwalk - Guide - Norwalk, Connecticut
Norwich - Official Web Site
Norwich - Guide - Norwich, Connecticut Now!
Old Saybrook - Chamber of Commerce
Old Saybrook - Guide - Old Saybrook, Connecticut
Oxford - Official Web Site
Portland - Official Web Site
Quinnipiac - Chamber of Commerce
Ridgefield - Official Web Site
Seymour - Official Web Site
Shelton - Official Web Site
Simsbury - Chamber of Commerce
Somers - Official Web Site
South Windsor - Official Web Site
Southbury - Official Web Site
Southeastern Connecticut - Enterprise Region Directory
Southington - Chamber of Commerce
Southington - Guide - Southington, Connecticut
Southwestern Area - Commerce & Industry Association (SACIA)
Stafford - Official Web Site
Stamford - Official Web Site
Suffield - Official Web Site
Trumbull - Official Web Site
Wallingford - Guide - Wallingford Community Dir.
Washington - Official Web Site
Waterbury - Official Web Site
Waterbury - Chamber of Commerce
West Hartford - Official Web Site
West Haven - West Haven Police Department
West Haven - Guide - WestHaven.com
Weston - Guide - Internet Directory
Westport - Official Web Site
Westport - Chamber of Commerce
Willington - Official Web Site
Wilton - Guide - Wilton@Home
Windham - Official Web Site
Windsor - Official Web Site
Windsor - Tourism Information Center
Windsor Locks - Official Web Site
Woodstock - Official Web Site
1. What is the cost of the course and what methods of payment are accepted?
A:The cost of each course is located in the course catalog. You may pay using all major credit cards (Visa, MasterCard, Discover, American Express) and Telecheck.
2. Is it secure to send my credit card information over the internet?
A:Yes. We use a secure site since credit card transactions are very sensitive in nature.
3. What happens if I get disconnected from the internet?
A:If you are disconnected from the Internet, you will need to log back into your account. In this case, you will return to the beginning of the lesson you were working on.
4.Can I take the course from various locations and computers?
A:Our courses are set up for students to access their account from any computer that is compatible and has Internet access.
5. What happens if I have technical difficulties or the system malfunctions during the course?
A:A trusted eLearning provider,
We are dedicated to the support of our students and have help available 24/7.
Call for registration help 877.230.9485
Call for bulk rates 877.230.9485
6. Can I take this course with the AOL browser?
A:Although you can take the course with any browser of your choosing please note that our technical support team is not able to provide assistance in the event of a problem while taking a course with the AOL browser.
7. Do I need to use a PC? What if I have a Macintosh?
A:If you have a MAC you can still sign on to take any of our classes. Many of our customers have taken their courses on a MAC and had no problems whatsoever. However, be aware that our technical support team may be unable to assist you should you encounter technical difficulties. If you have a MAC, you will need the latest version of internet explorer as well as the latest version of the Macromedia Flash Player.
8. Do I need to have sound on my computer to take these classes?
A:While sound is another feature of our courses, it is not necessary for a customer to have sound in order to learn the course material or complete the course. All information played in audio is also displayed in text by the course player.
9. How do I get a username or password? What do I use it for? What should I do if I forget it?
A:The username and password is selected by the student. It should be easily remembered; we suggest the student use their email address. Students will use the same username and password each time they log in to the virtual university page to access their course. Returning students are able to log in using the Returning Student section on the home page of the virtual university.
10. How to get the credit hours reported?
It depends on your state, please call our support center for more information.
11. Who do I contact to take the State Real Estate Exam?
A:Contact your State's Real Estate Commissions board to sign up and register for the state exam.
12. Can the pre-licensing courses be repeated for state post licensing requirements or the SAE in Texas?
A:No, the courses you took for your pre-licensing can not be repeated as post license / SAE courses.
13. If I am licensed in another state, how many credit hours are required to get a Real Estate license in Texas?
A:Texas does not offer reciprocity with any other states in regards to real estate licensure. To become licensed in the state of Texas,
an out of state licensee must meet all current Texas licensing requirements.
CONNECTICUT
REAL ESTATE
CE CLASSES
$30.00
$30.00
$30.00
$30.00
$30.00
$30.00
$30.00
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