Earn your Indiana Real Estate CE units Online
Renew your Indiana Real estate License today!:
Agentcampus.com offers Indiana real estate CE required hours packages and individual courses online that are designed for anyone wanting to Renew their Real Estate License in Indiana – approved by the Indiana Professional Licensing Agency (PLA).
Renewal Requirement:
All licensees who have a license in the Active status or Unassigned status and have had the license for over 12 months from the expiration date are required to have 16 hours of continuing education before they renew their license. This must be a minimum of 6 hours from 3 separate courses in the mandatory category and the remainder can be from the mandatory category or electives.
Packages Info Hours Price
This 16 hour package contains all the mandatory and elective hours you need to satisfy your continuing education requirements in Indiana. The courses contained are:
Deeds
ERC Fair Housing and Diversity: Focus on Relocation
ERC Relocation: Assisting Corporate Transferees
Contracts, Purchase & Sales Agreements
Environmental Hazards
This 10 hour package contains all the elective hours you need to satisfy your continuing education requirements in Indiana. The courses contained are:
Deeds
Titles and Records
Using the Internet to Serve Clients
Individual Courses Info Hours Price
COURSE DESCRIPTION
This course covers the standards of conduct and ethical judgment by addressing the different concepts that contribute to ethical business practices. This course will introduce the student to ethics and morals by defining both terms in order to distinguish differences between the two. The student will also learn the four approaches to ethical decision-making; therefore, after learning the Articles and Standard Practices of the NAR® Code of Ethics, the student will be able to use the model identify any violations of the Code. This course addresses the following topics:
* Definition of Ethics and Morals
* The Four Approaches to Ethical Decisions
* Articles in the Code of Ethics
* Using the Model for Ethical Decision-Making
* Basics of the Professional Standards Enforcement Process through the Local REALTOR® Board of Association
* More Risk Management in Action to Improve Business
* Real Estate Practice
FAIR HOUSING
COURSE INTRODUCTION:
All Americans have the right to attempt to purchase, rent, or finance housing for themselves in the location of their choosing, regardless of their gender, religion, handicap, color, race, national origin or familial status. To help ensure that no one is deprived of this right, Congress passed the federal Fair Housing Act in 1968. This Act prohibits unethical discrimination by those who rent, sell and finance residential real estate. This module discusses the federal Fair Housing Act, as well as other anti-discrimination laws that directly affect the real estate industry and the financing of real estate. Upon completion of this course, you will understand the legislation, its purpose, and importance. You will also be familiar with the penalties for violating such statutes and have a better understanding of how you can avoid unethical discrimination in your everyday conduct.
This module includes the following lessons:
* Introduction to Fair Housing
* Discrimination
* Legal Protections against Discrimination
* Enforcement of Fair Housing Laws
* How to Avoid Actions that are Discriminatory
Initially, this module will introduce the federal Fair Housing Act, explaining the groups of people whom it covers and the various wrongs against which the law is meant to protect those people. In addition, we will discuss the meaning of discrimination and the existence of certain exemptions to the law. After detailing the Fair Housing Act, this course will move on to other relevant statutes, such as the federal Equal Credit Opportunity Act and the Americans with Disabilities Act.
NOTE: This course is approved for 4 Hours Elective Credit
COURSE DESCRIPTION:
The advent of the Internet gave consumers access to a wide variety of information. They can research homes and areas without asking anyone. Real estate professionals must now "go online" in order to stay competitive.
In this course, you we learn how the Internet has changed the real estate industry. You will also learn new websites, software and other electronic tools that affect the real estate industry.
According to a recent NAR survey, three quarters of REALTOR.COMTM visitors are seriously searching for a home. A third of the users requested more information from a REALTOR®, 20 percent called a REALTOR®, and 10 percent found a REALTOR®. Nearly two thirds of REALTORS® access the Internet for real estate business purposes and vast majority report that they generate at least one percent of their business from online services. Four out of five expect the percentage of their business generated from the Internet to increase in the near future. More than three out of five Internet-savvy REALTORS® report that their customers contact them by email.
LEARNING OBJECTIVES:
* History of the Internet and its origins
* Internet resources available to the general public
* Secure Internet practices
* Websites that can help your real estate business
* Developing an effective website
* Electronics tools that can benefit you
* Using the Internet to promote diversity
* Online tools for the real estate sales persons
* Buying and maintaining a computer
TOPICS COVERED:
* INTRODUCTION
* LESSON 1: The New Real Estate Model
* LESSON 2: The Internet and its Origins
* LESSON 3: The Internet's Effect on the Real Estate Broker Job
* LESSON 4: Options Available to Customers on the Internet
* LESSON 5: How Real Estate Salespersons Can Use the Internet for Research
* LESSON 6: How Real Estate Licensees Can Use the Internet for Marketing
* LESSON 7: Developing an Effective Website
* LESSON 8: Consumer Privacy and Secure Internet Practices
* LESSON 9: Guide to Buying and Maintaining a Computer
NOTE: This course is approved for 2 Hours Mandatory and 2 Hours Elective Credit
COURSE DESCRIPTION
Clear, mutually-acceptable agreements are an essential component of the legal transference of ownership. In the practice of real estate, contracts are the instruments used to describe and record the agreements surrounding the conveyance of property. Some type of contract is nearly always involved, whether a salesperson is promising to sell a property within a specified period of time, a prospective buyer is placing an offer on a house or a seller is considering an offer on property.
Before entering into a legally binding agreement, real estate professionals must fully understand the contracts that govern their industry. Failure to understand contracts opens a licensee to various kinds of liability and can seriously damage one's professional reputation. Therefore, it is vital that real estate professionals learn this material so that they can protect themselves against errors, oversights and misunderstandings.
In this module you will learn about the types of general contracts as well as the different kinds of real estate contracts. The module provides the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds. This module includes the following lessons:
* Types of Contracts
* Features of a Legally Valid Contract
* Contract Fulfillment
* Real Estate Contracts
The fifth and concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of environmental issues and how they fit into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
LEARNING OBJECTIVES
Upon completion of this module, the student will be able to:
# Name and explain the various components of a valid contract.
# Identify the differences between a unilateral and bilateral contract.
# Describe the various types of contracts.
# Recognize the difference between a forbearance and performance agreement.
# Outline the features of a contract (and the contracting parties) that make a contract legally binding.
# Recognize the general features of a completed contract.
# Identify when a contract can be discharged.
# Recognize the different kinds of real estate contract
Course Description
The undertaking of real estate transactions is a complex endeavor. Expertise is needed by buyers and sellers of real property in order to assure that profits are maximized while losses are minimized, both of these ends being realized in legal and ethical ways. To gain this expertise, it is common, if not necessary, for buyers and sellers to enter into relationships with those who have expertise in real property issues—namely, you.
A variety of relationships exist in real estate transactions and they are designed to serve the different means and degrees to which buyers and sellers are represented. These distinct relationship categories are borne of agency law.
Course Learning Objectives
Upon completion of this module, you will be able to:
* Explain how agency is created and the various agency relationships that exist.
* Understand the relationship between real estate brokers and their affiliated licensees regarding agency.
* Discern the differences between the real estate licensees fiduciary duties to clients and their six general duties to customers.
* Recognize disclosure requirements of a licensee acting as a principal.
* Explain how "offer of cooperation and compensation" solves agency issues when multiple listing associations are involved.
* Describe how "vicarious liability" and "imputed knowledge" can be applied to agency relationships.
* List the services a licensee may provide to a party without causing an agency relationship to be formed.
* Explain why "agreement to pay compensation" will not necessarily create an agency relationship.
* Engage in ethical behavior with sellers and buyers.
NOTE: This course is approved for 2 Hours Mandatory and 2 Hours Elective Credit
COURSE DESCRIPTION:
This course is designed to increase your knowledge about expanding environmental issues and laws that have an impact on environmental problems. This course identifies the procedures used to locate toxic waste sites, the responsibilities for clean up and steps that may be taken to minimize future liabilities.
While real estate agents are not expected to be environmental experts, the same disclosure rules apply as to other facts about a property. That is, if environmental information is known to the sales agent and it would affect a prudent purchaser's decision to buy, it must be disclosed. Because of this, licensees should be familiar with the nature of these problems as well as the laws and regulations that are intended to protect both the consumer and the environment.
LEARNING OBJECTIVES:
* Identify recent laws that have an impact on environmental problems, including lead disclosure laws
* Identify the procedures used to locate toxic waste sites, the responsibilities for clean up and steps that may be taken to minimize future liabilities
* Explain the nature of major air pollutants and remedies that may be applied to minimize the effect
* Explain a landowner's responsibility for the protection of designated wetland areas
* Identify the protections afforded endangered species by landowners and when land development is undertaken
* Explain the nature of electromagnetic forces and a possible need for testing
* Explain the current status of environmental laws and its affect on property insurance and mortgage lending
TOPICS COVERED:
* INTRODUCTION
* LESSON 1: Environmental Issues
* LESSON 2: Principal Environmental Problems
* LESSON 3: Lead Poisoning and Indoor Air Pollution
* LESSON 4: Hazardous Gas
* LESSON 5: Toxic Waste Sites
* LESSON 6: Wetlands Protection
* LESSON 7: Endangered Species Protection
* LESSON 8: Underground Storage Tanks (UST)
* LESSON 9: Water Damage
* LESSON 10: Mold
* LESSON 11: Environmental Site Assessment
* LESSON 12: Contamination
NOTE: This course is approved for 2 Hours Mandatory and 2 Hours Elective Credit
COURSE DESCRIPTION:
In many states, a licensee has no official duties throughout the closing process. This leads some real estate licensees to believe that their job ends when the purchase and sales contract is signed, but this is not a prudent stance. Transactions can and do fall apart during the closing stage. Licensees who are familiar with closing procedures and settlement costs can stay involved and use their skills to help ensure that their transactions end well.
This course covers a broad range of issues related to closing and settlement to help the student learn ways to help clients through this sometimes complicated process. It includes the following lessons:
* Real Estate Closings
* Expenses
* The HUD-1 Settlement Statement
In addition, this course includes a final practice lesson. This concluding lesson presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this course, he or she should try to develop a broad picture of closing and settlement and how they fit into the larger practice of real estate. The last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
LEARNING OBJECTIVES
Upon completion of this course, the student will be able to:
* Outline the primary concerns that arise throughout the closing process, for both the buyer and the seller.
* Describe what both the buyer and the seller must do to prepare for the closing date.
* List the documents that the buyer and the seller must complete to close a typical real estate transaction.
* Explain a licensee's responsibility with respect to IRS Form 1099-S and HUD's "Notice to the Homebuyer" form.
* Name and distinguish the different types of closings.
* Describe the licensee's role in the closing process.
* Outline the basic requirements and regulations imposed by the Real Estate Settlement Procedures Act (RESPA).
* Identify which party is responsible for each expense in a typical closing transaction.
* Explain the concept of credit and the concept of debit.
* Prorate prepaid items and accrued expenses.
NOTE: This course is approved for 4 Hours Elective Credit
Course Description
This course provides an introduction to residential real estate finance, including information on how to underwrite FHA, VA, FNMA and FHLMC loans. Understanding this information will help the student assist his or her buyer- and seller-clients from the initial meeting, through the closing proceedings with basic financing and loan-qualification questions.
Upon completion of this module, the student will know how to calculate loan amounts, estimate monthly payments, property taxes, hazard and mortgage insurance (for conventional, FHA and VA) and qualifying ratios and income.
Learning Objectives
Upon Completion of this course, the student will:
* Understand the basic concepts of real estate financing, and the key terms involved
* Know how to qualify a buyer for the most common types of loans
* Be familiar with the use and function of escrow accounts
* Know what a Mortgage Insurance Premium is
* Know the underwriting guidelines and process
* Be familiar with the three most common types of loans: Conventional, FHA and VA
* Know the advantages and disadvantages of conventional loans
* Know how to use conventional qualifying ratios
* Know the advantages and disadvantages of FHA loans
* Know about the differing FHA qualification ratios
* Know the advantages and disadvantages of VA loans
* Be familiar with VA eligibility and qualification periods
* Be able to calculate the amount of VA entitlement used
* Be able to calculate VA loan amounts and required down payments
* Know the process and qualifications for assuming VA and FHA loans
* Be familiar with other types of loans available
* Know how to underwrite and close loans
COURSE DESCRIPTION:
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.
This course covers the theories, rules, duties and activities that guide the real estate appraisal process. An appraiser must also conduct him or herself professionally, ethically and honestly. There are guidelines regarding professionally and ethically correct behavior of appraisers as well which are also covered by this course. The entire appraisal process should be carried out in the best possible way for consumers and licensees as well as the real estate market.
Upon completion of this module, the student will be able to:
* Understand the basics of and common terms relating to real estate value estimation and appraisal.
* List the traits that a qualified appraiser must possess.
* Identify the value principles applied in the appraisal of property.
* Employ the value theories in the appraisal process to calculate the price at which property should be traded.
* Identify the characteristics that a real estate market should have to promote trade of property.
* Discuss the three value approached in detail.
* Pursue the eight steps of real estate appraisal to reach a purchase price for a property
* Understand an appraisal report.
* Know the difference between an appraisal certificate and license.
Packages Discription is in process.
Titles and Records
COURSE DESCRIPTION:
Recording real property documents in the public record gives the public access to information they may need in order to clarify the condition of the title to a property. The simple process of recording helps trace the history of the title by tracking past and current owners of the title as well as any previous liens and encumbrances placed on the title. The act of recording real property documents allows grantors to warrant grantees a valid deed conveyance and smooth purchase transaction and to provide proof of ownership in case any future complications arise. This course includes the following lessons
* Public Records and Recording
* Titles
* Title Transfers
* Real Estate Practice
The terms title and deed do not mean the same thing; therefore, individuals cannot use the terms interchangeably. The title refers to ownership of a property or parcel of real estate whereas the deed refers to the document that transfers the ownership property from the grantor to the grantee. This course will explain the process of recording, give examples of public records and describe the different deeds of conveyances. The different lessons in this course work together to help grantors and grantees avoid any future complications concerning the ownership rights to a property or resolve any disputes that arise.
LEARNING OBJECTIVES
Upon completion of this course, the student will:
* Understand the process of recording
* Recognize different types of public records
* Know the methods of property conveyance
* Recognize the difference between constructive and actual notice
* Be able to identify evidence of titles.
* Be able to explain title insurance and coverage
* Recognize the different types of property ownership
* Be able to differentiate between the various types of deeds
COURSE DESCRIPTION:
Relocation presents an array of new challenges and opportunities to all real estate professionals. This course covers the definition of "relocation" and the development of the relocation industry. We explain how relocation affects the roles of various real estate professionals, including appraisers, home inspectors and real estate salespersons, and brokers. We walk the student through a relocation transaction, covering the assignment, or re-assignment, of an employee through the selling of the employee's home. Some of the steps in this process require specific explanation.
This course covers those points in specific lessons; for example, we devote one lesson to how different companies manage relocation and the types of programs that they commonly institute. The latter half of this course addresses how relocation affects common real estate concerns. These concerns include disclosure law, agency, tax law, fair housing, and non-discrimination issues.
Upon completion of this course, the student will:
* Understand the definition and development of the relocation business.
* Appreciate the impact relocation has had on the professional roles of those persons traditionally associated with the real estate industry.
* Grasp the various steps in the relocation process.
* Recognize the various steps that comprise a relocation transaction.
* Understand the different types of relocation plans and programs.
* Recognize fair housing legislation as it relates to relocation.
* Know how to avoid unfair discrimination.
* Recognize the various protected classes under federal fair housing legislation.
* Comprehend the importance of agency and property disclosure.
NOTE: This course is approved for 3 Hours Elective Credit
COURSE DESCRIPTION:
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 module 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 module 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.
LEARNING OBJECTIVES:
Upon completion of this module, the student will:
* Be familiar with the basic concepts of asset management
* Be familiar with the common decisions faced by an asset manager
* Know what a Real Estate Investment Trust (REIT) is and the benefits of investing in one
* Understand the risks and rewards associated with real estate investment
* Know how to conduct a useful market study
* Understand how interest rates affect the real estate market
* Be able to calculate the depreciation of residential and commercial real property held for business or investment
* Be familiar with the financial ratio methods of valuation, including Price to Earnings Ratios and Cap Rates
* Know how to create a pro forma projection for a real estate investment alternative
* Know the basics of a Discounted Cash Flow (DCF) analysis
* Know how to use the Net Present Value (NPV) and Internal Rate of Return (IRR) to compare the values of several alternatives
* Be familiar with distressed properties and how to handle them
* Know the important factors to consider when refinancing
* Be able to apply these concepts in the real world
ERC FAIR HOUSING & DIVERSITY: FOCUS ON RELOCATION
COURSE DESCRIPTION:
This course introduces you to Fair Housing issues when dealing with relocation clients. Prior to WWII companies looked exclusively to local markets for employees. But, businesses are now willing to bring the perfect candidate to them, regardless of where that candidate may reside. Out of this need to find increasingly specialized and qualified individuals developed what is now the relocation business. This course is important for relocation professionals and real estate licensees as it will help them serve the people and companies who need relocation assistance and may not be familiar with will Fair Housing law and issues. Our discussion covers the seven protected classes, the conduct prohibited by law, and the few exemptions from the law.
We will examine Fair Housing advertising guidelines, including phrases and word choice that are illegal, and those that are permissible. When you complete this lesson, you should know the legalities of the Fair Housing Act and understand not only its importance but also its intent. You should also have a better sense of your own role, as a real estate professional, in implementing this law. This Fair Housing & Diversity: Focus on Relocation course utilizes interactive technology and audio in an appealing way to facilitate learning.
Upon completion of this course, the student will:
* Explain the purpose of federal Fair Housing Law
* Identify the protected classes covered by the Fair Housing Act
* Name the seven activities considered illegal by the Fair Housing Laws
* Identify the five exemptions from the federal Fair Housing Laws for property owners.
* Recognize potential Fair Housing conflicts when working with relocation clients
* Learn to accommodate clients of various cultural backgrounds by understanding how to work with diversity
* Embrace diversity to enhance customer service
* Identify phrases and word choices that should be avoided in advertising
* Employ basic risk management techniques to avoid illegal discriminatory practices when working with relocation clients
* Understand the process of complaint investigation, resolution and penalties associated with Fair Housing violations
* Apply this knowledge to real-life strategies
COURSE DESCRIPTION:
This course is deigned as a 3-hour course that teaches those in the real estate community about estimating gross living area.
We will cover broad issues and describe the procedures for measuring the total square footage of detached single-family homes and multi-family gross building areas. The methods employed are the industry standard for the calculation process and enable the users of this information to obtain accurate and reproducible measurements for total gross living area of residential properties. You will learn how to treat the finished areas above- and below-grade, the 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 of this information.
This standard promotes these goals in the hope that square footage calculation can become an item of agreement rather than a point of contention between groups with different interests and concerns.
This Estimating Gross Living Areas for Residential Properties course utilizes interactive technology and audio in an appealing way to facilitate learning.
Upon completion of this course, the student will be able to:
* Define the American National Standard for Single-Family Residential Buildings (ANSI) and associated definitions.
* Understand the scope and purpose of the ANSI.
* Employ the calculation and measurement of square footage.
* Comprehend the Statement of Finished Square Footage.
* Calculate and measure estimated gross living area according to floor plans.
* Identify the different values associated with real property, namely market value.
* Determine the forces affecting market value.
* Apply the appraisal process with regards to the Bundle of Rights and the appraisal process flow chart.
* Define the Uniform Standards of Professional Appraisal Practice (USPAP) and various rules that accompany the USPAP.
* Identify the components of valuation analysis.
* Review a summary of the course and guidelines used for the estimation of the gross living area.
COURSE DESCRIPTION:
A deed is one of the most common instruments of title conveyance and all real estate professionals need a clear understanding of a deed's use and purpose. This course illustrates the difference between title and a deed, as well as the Texas statutes pertaining to and the attributes of lawful conveyance.
The first lesson of this course explains the difference between title, which refers to lawful ownership, and a deed, which is an instrument that conveys title. We detail the terms of a valid contract and discuss the statutes of frauds that apply to all contracts, including deeds. Grouping deeds into two categories, those with warranties and those without, we study the types of deeds and their different uses. All states have their own relative legislation pertaining to title conveyance. This course outlines relevant Texas statutes that impact deeds, including those that differentiate between the illegal practice of law and the lawful role of real estate professionals. The last section of this course is a real estate practice lesson, which presents real world dilemmas that licensees might face in the field. It gives the student the opportunity to display his or her new knowledge and utilize the material in this module to properly manage ethical predicaments and problematic transactions.
Upon completion of the course, the student will be able to:
* List the general requirements of a legally enforceable contract.
* Describe the difference between title and deed.
* Explain the basic use and purpose of deeds
* Identify the required elements of a deed.
* Recognize the different types of deeds and identify what type of deed should be used, depending on the quality of estate and condition of title to be transferred.
* Distinguish between the role of a real estate professional from the role of a licensed attorney.
* Understand Texas' law pertaining to title conveyance.
COURSE DESCRIPTION:
This course is deigned as a 3-hour course that teaches those in the real estate community about estimating gross living area.
We will cover broad issues and describe the procedures for measuring the total square footage of detached single-family homes and multi-family gross building areas. The methods employed are the industry standard for the calculation process and enable the users of this information to obtain accurate and reproducible measurements for total gross living area of residential properties. You will learn how to treat the finished areas above- and below-grade, the 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 of this information.
This standard promotes these goals in the hope that square footage calculation can become an item of agreement rather than a point of contention between groups with different interests and concerns.
This Estimating Gross Living Areas for Residential Properties course utilizes interactive technology and audio in an appealing way to facilitate learning.
Upon completion of this course, the student will be able to:
* Define the American National Standard for Single-Family Residential Buildings (ANSI) and associated definitions.
* Understand the scope and purpose of the ANSI.
* Employ the calculation and measurement of square footage.
* Comprehend the Statement of Finished Square Footage.
* Calculate and measure estimated gross living area according to floor plans.
* Identify the different values associated with real property, namely market value.
* Determine the forces affecting market value.
* Apply the appraisal process with regards to the Bundle of Rights and the appraisal process flow chart.
* Define the Uniform Standards of Professional Appraisal Practice (USPAP) and various rules that accompany the USPAP.
* Identify the components of valuation analysis.
* Review a summary of the course and guidelines used for the estimation of the gross living area.
Indiana Education Requirements
State Laws
Required by the Indiana Real Estate Commission, both Brokers and Salespersons must have a minimum of 6 hours mandatory and 10 hours elective continuing education by the expiration date on their license.