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This course covers the basic principles and practices of real estate and West Virginia license law.
The course material covers the following subjects and prepares the student for the course exam and the West Virginia state exam:
Unit 1-Introduction to the Real Estate Business
Unit 2-Real Property and the Law
Unit 3-Concepts of Home Ownership
Unit 4-Agency
Unit 5-Real Estate Brokerage
Unit 6-Listing Agreements and Buyer Representation
Unit 7-Interest in Real Estate
Unit 8-Forms of Real Estate Ownership
Unit 9-Legal Descriptions
Unit 11-Real Estate Taxes and Other Liens
Unit 12-Real Estate Contracts
Unit 13-Transfer of Title
Unit 14-Title Records
Unit 15-Real Estate Financing Principles
Unit 16-Real Estate Financing Practices
Unit 17-Leases
Unit 18-Property Management
Unit 19-Real Estate Appraisal
Unit 20-Land-Use Controls and Property Development
Unit 21-Fair Housing and Ethical Practices
Unit 22-Environmental Issues and the Real Estate Transaction
Unit 23-Closing the Real Estate Transaction
Unit 24-Introduction to Real Estate Investment
Unit 25-West Virginia Licensing Overview
Unit 26-West Virginia Real Estate Office Requirements
Unit 27-West Virginia Agency Overview
Unit 28-West Virginia Contracts and Closings Overview
Unit 29-West Virginia License Law Enforcement
Unit 30-West Virginia Specialty Topics
Unit 31-West Virginia Title Issues
Unit 32-Math FAQ's
The textbooks used in development of this on-line course are available on the Cooke Book, if a student feels they would like to have a textbook to go along with the course. But a textbook is not needed, but could prove helpful in preparation to studying for the West Virginia state exam. The textbooks are included in tuition fee 1) Modern Real Estate Practice by Galaty, Allaway, Kyle (item #WV-007) and West Virginia Real Estate Basics by Cynthia Joachim and Judy Glenn (item #WV-001). |
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This course covers environmental issues that relate to general concerns surrounding real estate transactions such as: property disclosure forms, lead, and related problems and other issues such as radon, asbestos and volatile organic compounds.
Other optics of study includes formaldehyde, exposure to pesticides, sick building syndrome, biological pollutants and combustion pollutants water contaminants. This course also covers topics relating to commercial property environmental issues such as underground storage tanks, brown fields, environmental impact statements, ESA requirements and environmental site assessments.
All of these items play a huge roll in real estate transactions today. More and more environmental issues are becoming a part of agent's and broker's liabilities. A very important topic to know as much as possible about.
The textbook that mirrors this course, Environmental Issues in Your Real Estate Practice by Marie S. Spodek and Bill Magaral, is INCLUDED in the tuition fee. |
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This course provides an overview of investments in real estate including: terms and concepts, categories of investment property, financial statement elements. The course defines key terms in income and expense analysis. Plus provides the skills necessary for basic financial analysis of the investment.
An area of great important for the commercial real estate agent is the knowledge of elements of value in a real estate investment such as the ability to establish the value of an investment and the return on the investment.
For the agent, it provides an overview of the types of listings and compensation to expect. It identifies marketing opportunities and the skill required for closing the investment transaction.
The textbook Introduction to Commercial Real Estate Sales by Bill W. McCoy III is INCLUDED in the tuition fee. |
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Property Management is a highly specialized but rapidly growing sector of the real estate profession. It is important to understand the issues property managers have to deal with, and understand the basic principles underlying the profession. The course provides an overview of the property managment field and describes the major function of property managers. Its emphasis is on real-life practice, not theories or generalities. This course intended for the real estate professional who wants a comphensive introduction to the challenging field of property management.
Also the course addresses issues of concern to commercial real estate agents who manage larger properties, as well as to licenses who own or manage a few small properties on a personal or informal basis. Obviously, some information obtained in this course will be more relevant to one tyupe of manager thatn the other, but many fundamental principles and practices are equally important to both.
The textbook Property Management and Managing Risk by Robert Kyle and Floyd M. Baird is INCLUDED in the tuition fee. |
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Real Estate Taxes play such an important role in real estate today, not only for the homeowner but for the real estate investor.
This course provide the student with understanding of what can be deducted and what can not. Information regarding home mortgage interest, acquistion indebtness, home equity, Information in this course covers items such as: what is included in the selling price, how are option taxes, exclusion of gain rule, 121 qualification requirement, PAL rules, aggregation of rental real estate and applying passive loss rules.
The textbook Real Estate and Taxes! What Every Agent Should Know by Vernon Hoven is INCLUDED in the tuition fee. |
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Elements one will learn in this course are:
- Red flags are conditions in a property an agent will learn to be aware of. Learning to be aware of such issues as soil composition and the various types of soil and basic geological characteristics of that soil.
- Learning and understand the significance of cracks in structures, driveways, patios, basement floors.
- Know the importance of proper drainage and flashing leakage.
- Know procedures for detecting "red flags" and detecting something that on might be trying to hide.
- This course will help one to know goverment regulations of red flags.
- Help on to learn the aspects of hazardous materials and its effects.
- Learning how to detect and identify a hazardous material like asbestos.
Summary: This course does not make you a Home Inspector but it make you be aware of issues that might be there that you can recommend your customer or client to investigate more thoroughly.
The textbook Red Flags: Property Inspection Guide by James C. Pendergast and Laura Cushwa is INCLUDED in the tuition fee. |
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