class topics
WHAT subject areas are covered in the class?
Due to the excellent instruction provided by CRES in thoroughly covering all topics pertaining to the Illinois guidelines, students can expect a successful result on the state exam. The topics covered during your class are as follows:
Deeds and Ownership: This discusses the different forms of ownership of single family homes, condos, and timeshares.
Land use: This topic covers restrictions, variances, and explains the Land Sales Full Disclosure Act
Land Descriptions: These provide an explanation of the different ways properties are surveyed
Financing: This details the various types of mortgages on residential and commercial property available to consumers
Appraisal: Explanation of the Appraisal process, approaches to value, and depreciation
Environmental Issues: This area focuses on issues with lead based paint, radon, and other potentially hazardous conditions
Title: The means of titling property, types of deeds and proof of ownership
Agency: This pertains to the fiduciary duties a Broker has to their client, customer obligations, and dual agency
Contracts: This involves the creation of a contract and the different types of contracts
Brokerage: This session targets listing agreements, buyer agency agreements, and consumer protection
Fair Housing: This deals with protected classes, advertising, discrimination, and the enforcement of various fair housing laws
Property Management: Here you’ll learn all about the different types of leases and agreements
Illinois Law: This includes state regulations, the enforcement of licensing laws, requirements of licensees, escrow funds, and disciplinary provisions