OKLAHOMA Real Estate CE
OKLAHOMA
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Entities must include information with the course material that clearly informs the student of the completion time frame, passing and examination requirements, and any other relevant information necessary to complete the course.
Each course must include a statement that the information presented in the course should not be used as a substitute for competent legal advice.
SAMPLE PACKAGE AND COURSE DESCRIPTIONS
22 hours Oklahoma Package #1
APPROVED FOR: •22 HOURS
The package includes the following courses:
•Broker Relations
•Fair Housing
•Ethics
•Reduction of Risk
•Asset Mgt
•Home Inspection
22 hours Oklahoma Package #3
APPROVED FOR: •22 HOURS
The package includes the following courses:
•Broker Relations
•Fair Housing
•Professional Conduct
•Reduction of Risk
•Closing RE Trans
•Closing Documents
•Negotiating RE Trans
Anti-Trust Deceptive Trade & the MLS ( 3 Hours Hot Topic)
While the federal antitrust laws remain the most significant laws to promote competition, there are other related federal and state laws which are important. These laws specifically include the Sherman Antitrust Act and the Oklahoma Uniform Deceptive Trade Practices Act, for the purposes of this course. Topics covered: The Sherman Act-Reasons for Passage, Civil and Criminal Provisions, Consent Decrees, Proving Violations, Per Se Rule and The Rule of Reason, Multiple Listing Services and statutes of the Oklahoma Deceptive Trade Practices Act.
Asset Management (3 Hour Elective)
This Asset Management course provides an introduction to the basics of asset management. It introduces the student to the key ideas and concepts of management. 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. The student will learn how to handle distressed properties and how to successfully market a revenue-increasing strategy.
Broker Relationships Act (3 hours, Required)
On November 1, 2000, the Law of Agency, as it relates to buyers and sellers was abrogated by the Oklahoma Broker Relationships Act. This course defines the following Oklahoma Broker relationships and their duties and responsibilities: Broker, Party, Single-party broker, Transaction and Transaction broker. The real estate professional will also learn the Do’s and Don’ts for all Broker relationships.
Checking the HUD-1 (3 hours, Elective)
After the HUD-I form seems to be completed, the closer has the responsibility of going back over the form to see that everything is correct. Many errors which occur on the form come from charging an item on one side of the form without debiting or crediting to offset the same elsewhere on the statement. This course identifies common mistakes and teaches the professional how to balance the form correctly. When used correctly, the HUD-I Form may also be used as a tool for revealing and solving closing problems. Topics include: escrow holdback, payment of buyer’s prior debt, Code of Federal Regulations-Part 3500-Appendix A, line item instructions, statutes and regulations governing use, printing, and delivery of HUD-I.
Closing a Real Estate Transaction (3 hours, Elective)
All details of the purchase contract must be handles or prepared for between the time of signing by the parties and the actual closing meeting. The details of title search and the curing of any problems, decision as to how the buyer may take title, loan arrangements, check of property records, inspections, reports, etc., must all be accomplished to complete a closing. To help the real estate professional understand this, the following topics are discussed: company closer, renegotiations, settlement statement, “Dry or “Tender” closing, basic procedures in closing preparation, processing closing, initial review, real estate purchase contract, loan closing instructions, special clauses, responsibilities, earnest money deposit, ordering title work, title problems, commitment and exceptions, conflicts, loan payoff on existing mortgage, release of mortgage, survey, inspections and taxes and assessments.
Closing Documents (3 hours, Elective)
The closer is responsible for preparing the closing documents. These may include: HUD-I Settlement Statement, Deed, Affidavit of No Liens, Satisfaction of Mortgage, Request a Full Reconveyance, Miscellaneous Affidavits to clear title, Quit Claim Deed to clear title or for special interests. This course covers the following topics: errors, preparation of the settlement statement, HUD-I Form including usual use, overview and sources of information for completing the HUD-I Form; the real estate purchase contract, transaction control sheet, assumptions, calculations, prorations, RESPA and taxes.
Code of Ethics in Real Estate Practice (6 Hour Required)
This module Code of Ethics in Real Estate Practice course covers the standards of conduct and ethical judgment that contribute to ethical business practices. This course will introduce the student to morals and ethics, define each term, address the four approaches to ethical decision-making, teach the Articles and Standard Practices of the NAR® Code of Ethics, and study ethics complaints, arbitration, mediation, unethical conduct, antitrust laws, violations of antitrust laws and professional and ethical business practices
Effective Communications in Management (3 hours, Elective)
Communications are those varieties of ways people use to convey an idea or information from one brain to another. Every spoken or written word is subject to interpretation. The speaker or writer interprets and means something by every word which may not be the same interpretation of the listener or reader. Each interpretation is based on the experience of the listener or reader. This course covers the following topics in communication: passive/aggressive behavior, indirect/assertive communication, self-talk that leads to passive/aggressive/indirect/assert behavior, delivery of messages, attentive/active/non-defensive listening, I-language, roadblocks to effective listening and includes a case study in communications breakdown.
Environmental Hazards (4 hours)
This Environmental Hazards course introduces licensees to environmental issues and explains their responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a property’s value, so buyers, sellers, lenders and licensees all can be affected by them. Students will learn to identify internal and external environmental issues. They will learn about health hazards, environmental legislation, liability and responsibility for cleanup and protection. They will also learn about actions they should take and how issues affect licensees and lending.
Establishing a Real Estate Office (3 hours, Elective)
Before establishing a real estate brokerage operation, the real estate broker should evaluate the various forms of business organizations in an effort to determine which type is best suited for his/her specific goals. This course covers Sole Proprietorships, Partnerships, Corporations, Site selection, Office design, personnel types, the employee/licensee selection process, and the advantages of buying an existing firm or starting a new company.
Fair Housing (4 hours)
This Fair Housing course covers broad issues on fair housing laws. Specifically, the student will learn: what fair housing laws exist, what classes of individuals are covered under these laws, how discrimination is defined in real estate, how can one avoid discriminating practices, and what the consequences are for non-compliance with fair housing laws.
Property Management (3 hours, Elective)
This course discusses the laws governing who is required to have a real estate license, classification of real property, commercial property, industrial property, residential property, duties of the property manager, establishing management, purchasing existing management operations, business plans, agreements and other contracts and forms used in property management. Also included are the Americans With Disabilities Act, Fair Housing, rent collection and policies, notice to quit, eviction and eviction process in Oklahoma law, collections and collection agencies.
Reduction of Risk (3 Hours, Core-subject-Hot Topic)
Risk Reduction is a pro-active method of protecting yourself and the best interest of the party or parties you represent. Topics for this course include: errors and omissions insurance, environmental issues, Fair Housing, managing risks, selection of employee/independent contractors, anti-trust laws, and realtor safety rules are covered extensively during this course. Single-Party Broker descriptions and Transaction Broker descriptions are included.
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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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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.