Instructor: Norm Willoughby
Location: Chicago-area • Joliet
Start Date: Apr 12, 2019 • End Date: Apr 12, 2019
Credit Hours: 3 - Core B
Three Rivers Association of REALTORS®
www.trarealtors.net or 815-744-4520
This course will cover legal issues of concern to real estate professionals in today’s marketplace. The main focus will be to identify some those areas that pose particular or increased potential of risk to real estate practitioners and some suggestions for reducing, removing or transferring those risks from their practices. Current topics for discussion include legal issues such as agency, physical property disclosure requirements, property management, office policies and other topical legal issues like federal enforcement actions regarding the Real Estate Settlement Procedures Act (RESPA). This course will examine brokers’ legal duties and requirements while taking a close look at best practices that can be combined with risk management and transfer tools to ask brokers to be compliant and successful in the marketplace. Timely matters for discussion include threats to business such as cybercrime, enforcement actions and under RESPA, litigation and failure to meet legal obligations.