Earn your Kansas Real Estate CE units Online
The Kansas Real Estate Commission (KREC) requires that you take 12 hours of Continuing Education every 2 years to renew your real estate license.
Real estate Brokers must meet a 12-hour continuing education requirement by their first renewal date and at each subsequent two-year renewal.
Real Estate Salesperson must meet a 12-hour continuing education requirement for each subsequent two-year renewal after meeting the 30-hour post-license requirement.
agentcampus.com offers these courses in 3-hour classes. You are only required to take 4 of these classes to complete the education requirement to renew your license.
Reporting Schedule – Real Estate Continuing Education
360training.com reports your course completion to Kansas Real Estate Commission (KREC) within 1 business day.
Individual Courses Info Hours Price
The purpose of this course is to offer a broad understanding of the purpose and execution of the 1031 tax-deferred exchange. This class will empower you to provide your clients with an alternative to paying capital gains taxes, however the course is not intended to allow or suggest that the student is now empowered to give tax advice. Real estate professionals should always recommend that a client get accurate advice from a qualified tax specialist.
When engaging in real estate transactions it is always recommended that the client seek the advice of a qualified tax specialist as tax laws frequently change, and in many cases the real estate professional does not know the client's total tax picture. There are circumstances in which the 1031 tax-deferred exchange is not the best avenue for a particular client at a particular time. On the other hand, it is important from the standpoint of professional liability that real estate experts at least explain the concept of the 1031 exchange to his investor client.
This module includes the following lessons:
# Introduction to 1031 Real Estate Exchange
# Mechanics of the 1031 Exchange
# Practice and Case Studies
Learning Objectives
# Know why taxpayers use 1031 exchanges
# Assist investors with the use of 1031 exchanges
# Realize how 1031 exchanges benefit real estate professionals
# Work through a 1031 exchange
# See the 1031 process through the professional's eyes
# Know the role of and need for a qualified intermediary
# Differentiate between like-kind and non-like-kind property
# Know the different types of 1031 exchanges
# Know how to properly document a 1031 exchange
Category:
Elective
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
* 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
Category: Elective
An American National Standard is developed through a consensus process that involves those organizations and individuals directly and materially affected by the existence of a standard. A standard itself is a voluntary guide for producers and consumers. The American National Standards Institute is the central body responsible for identifying a single, consistent set of voluntary standards and verifying that the principles of openness and due process are heeded. All American National Standards are subject to periodic review and revision.
A standard allows individuals and organizations that use different terminologies based on different points of view to communicate, cooperate, and calculate quantities on a common basis. 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 standard for the calculation and reporting of above-grade square footage and below-grade square footage in single-family houses is offered for voluntary application. The standard must be applied as a whole. The standard is not meant to replace or supersede any legal or otherwise required existing area measurement method. It may be used in a proposed, new or existing single-family house of any style but is not applicable to apartment/multifamily buildings. It does not cover room dimensions.
Before the adoption of the standard, no nationwide standard existed in the United States for measuring square footage in single-family houses. By contrast, a standard applicable to commercial buildings has been in effect for 80 years. In 1915, the Building Owners and Managers Association International (BOMA) developed a standard method for measuring floor area in office buildings. The BOMA standard was revised in 1952,1955,1971,1980 and 1989 and now bears the title Standard Method for Measuring Floor Area in Office Buildings, ANSI Z65.1-1980 (Reaffirmed 1989).
Note: This foreword is not part of American National Standard Z765-1996.
This module is deigned as a 3-hour course teaches those in the real estate community about estimating gross living area. This module includes two practice exams that will help the student prepare for the module exam. Understand that these are for practice only. The student must pass a comprehensive final exam to receive credit for the module.
This module includes the following lessons:
# American National Standard for Single-Family Residential Buildings
# Measurement and Calculation
# Appraisal Values
# The Appraisal Process
# Uniform Standards of Professional Appraisal Practice
# Valuation Analysis
# Summary and Other Guidelines
# Critical Thinking Questions and Case Studies
Learning Objectives
# 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
Category: Elective
As the market becomes more competitive, only a business comprised of well-rounded licensees who provide comprehensive advice will continue to stand out. This course instructs real estate licensees on the basics of home inspection. An understanding of this information will allow the student to serve his or her clients and customers better.
This course presents an overview of the home inspection business and explains how it fits into the real estate industry as a whole. In addition, the course covers the regulatory bodies and professional organizations associated with home inspection. At the conclusion of this course, the student will understand the methods used to inspect homes, will know what to look for when examining properties, both inside and out, and will understand the various types of inspection reports and the differences between them.
Learning Objectives
* Understand the development of home inspection in the inspection business
* Appreciate an inspector's role at closing in residential sales transactions
* Know the tools needed and conduct expected in the field
* Distinguish various field report styles and know the benefits and drawbacks to each
* Understand an inspector's professional liability
* Recognize the steps in the examination process
* Identify common misconceptions about home inspection
* Value membership to a reputable, non-profit home inspection organization
* Know the extent of home inspection legislation
* Appreciate the different ways states regulate the home inspection industry
Category: Elective
This module discusses liens, taxes and foreclosures. There are many types of liens, as well as several kinds of taxes, that can attach to a parcel of real estate. When borrowers default on a debt, foreclosure is the process by which lienholders collect the unpaid portion of a debt. Because liens represent an interest in real property, it is crucial that real estate licensees develop an in-depth understanding of liens and lien-related issues. Such knowledge also helps licensees to better advise buyers and sellers.
The first lesson presents a general overview of liens. It explains the classification of liens and discusses the types of non-tax liens. Lesson two discusses taxes and tax issues, including ad valorem taxes, real estate tax computation, special assessments, real estate transfer taxes, federal income taxes, capital gains taxes and tax shelters for homeowners and investors. It also discusses the priority of liens. Lesson three addresses the methods of foreclosure, redemption, deficiency judgments, tips for homeowners facing foreclosure and fraudulent behaviors related to foreclosure.
The conclusion of this module presents real world dilemmas and applications of the information presented. As the student completes the module, he or she should try to paint a big picture of the issues surrounding liens, taxes and foreclosures, which the module addresses with comprehensive questions, activities and case studies.
Learning Objectives
* Define the terms lien and tax lien and understand their operation.
* Recognize the different types of liens and know how their priority is established.
* Identify and describe types of non-tax liens.
* Understand how ad valorem taxes and special assessments are levied.
* Know how homeowners and investors can save on federal income taxes and capital gains taxes through the use of tax shelters.
* Describe and list different types of foreclosures.
* Recognize alternatives to foreclosure and common scams related to foreclosure.
Category: Elective
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.
As well as touching upon general standards by which the value of property should be established, this module is broken down into separate lessons which cover:
* The Role of a Real Estate Appraiser
* Federal Legislation and National Agencies Governing the Industry
* An Overview of Basic Value Principles
* The Dynamics of the Real Estate Market
* Three Approaches to Appraisal
* The Appraisal Process
After finishing this course the student will be familiar with the basic rules of appraisal, the ways to carry out a real estate appraisal, the different types of licenses and certificates an appraiser can get, the different types of appraisals and the type of certificate or license which corresponds to types of appraisal. The course also looks at the effects of appraisal on housing needs and supply in the market as well as the overall economy. The last lesson of this course is a real world practice lesson in which the students can apply and test their acquired knowledge with examples and case studies.
Learning Objectives
# 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.
Category: Elective
This module is a 3-hour course designed to teach real estate professionals the type of mathematics skills that are used in their trade. This module includes two practice exams that will help the student prepare for the final exam. Understand that these are for practice only. The student must pass a comprehensive final that consists of 20 questions to receive credit for the module.
This module covers math principles essential in the practice of real estate. Some of these topics may already be familiar to the student. The module will elaborate on how the subject matter pertains to real estate in everyday use. It is important that licensees understand the mathematical concepts presented here in order to be competent in the practice of real estate.
The module includes fractions, decimals and percentages: the mathematical language used to express many aspects of real estate practice. Area and volume will be discussed so that the licensee will be able to determine and express the amount of commodity in a particular parcel of realty. While not a real estate finance course, this module will review concepts of interest, amortization and loan rate and discount. These concepts must be understood fully so that the licensee may grasp the essential elements used in the purchase of and financing for real property. Additionally, the principle of prorating will depict the importance of time in the transfer of realty.
The conclusion of this module offers real world examples and applications of the information presented. Upon completion of this module the student will comprehend the language and principles of mathematics necessary to successfully function in the practice of real estate.
Learning Objectives
# Name key terms used in real estate math problems.
# Apply fractions, decimals and percentages.
# Translate fractions into decimal and percentage forms.
# Determine the area and volume of a given object or parcel.
# Manipulate the principles involved in rate calculations.
# Grasp the concept of amortization.
# Comprehend the principles of prorating and how to apply them.
# Understand and solve for appreciation and depreciation.
# Identify and apply calculation formulas to determine value and profit.
# Apply interest rates and loan discount rates.
# Use equations to calculate interest.
Category: Elective
This module explores the meaning of real property ownership and the differences between real estate and personal property. Although these terms are often used interchangeably in everyday conversation, there are different rights associated with these different commodities. It is important that licensees understand the differences between them and are able to explain the distinctions to their clients and customers. This module addresses the following topics:
* Personal and Real Property Ownership
* Land Description
* Controlling Development
* Real Estate Practice Lesson
Throughout this module, the student will learn how different commodities land, real estate, and real property transfer and relate to one another. In addition, the student will learn about land use theory and come to understand how our federal, state, municipal and private authorities govern and plan our communities. This module covers legal descriptions as well as informal descriptions, the development of these concepts and the role they play in the real estate industry.
This module's final lesson presents real-world dilemmas and provides opportunities to apply the information covered in the rest of the course. As the student completes this module, he or she should try to develop a broad understanding of real property use and to place this understanding within the larger context of real estate practice as a whole. This final lesson aims to help the student achieve this goal using comprehensive content questions, practice examples and case studies .
Learning Objectives
* Describe the difference between land, real estate and real property.
* Recognize the difference between real property and personal property.
* State the definition of a fixture.
* Explain the general character of surface, subsurface and air rights, as well as littoral and riparian rights.
* Outline the basic features of the metes and bounds survey method and the rectangular survey method.
* Distinguish the vertical method of land description from other survey methods.
* Name the basic public and private methods employed to control the use and development of land.
* Outline the highest and best use theory of land use.
Category: Elective
This module introduces students to the terminology and concepts surrounding titles and records. We will do this by explaining the procedures involved in conveying real estate and in recording the legal evidence of conveyance and ownership. The public recording of real estate documents ? such as deeds, mortgages or tax liens ? makes information regarding a particular parcel of land or property readily available to anyone who seeks to know more about the ownership history of a particular piece of property. All of the parties who are involved in real estate conveyances need to understand the process of recording and title transfers; this knowledge will help them avoid many of the confusions and complications that can arise surrounding the documentation of property ownership. In this module, the student will learn about public records and how to record them as well as the methods of conveying property ownership.
This module includes the following lessons:
* Recording and Public Records
* Titles
* Title Transfers
The 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 titles and records 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:
# Outline the general steps involved in recording.
# Distinguish between different types of public records.
# Explain the common methods of property conveyance.
# Describe the difference between constructive and actual notice.
# Identify evidence of titles.
# Explain title insurance and coverage.
# Describe the different types of property ownership.
# Differentiate between the various types of deeds.
Category: Elective
Course Description
A deed is a written instrument that is commonly used to convey the title to real property. Consequently, all real estate professionals must have a clear understanding of the uses and purposes of different types of deeds. This module also illustrates the difference between the concept of title and the concept of a deed. The first lesson of this module reviews the requirements of a legally enforceable contract. A deed is a legal contract between two parties for land conveyance; therefore, the requirements for a deed to legally convey the title to real property are also reviewed and explained in detail. The second lesson of this module covers types of deeds and their different uses. Types of deeds for voluntary land conveyance differ in the extent of covenants and warranties on the title that are offered to the grantee. The most common types of deeds for voluntary land conveyance are general warranty deeds, special warranty deeds, bargain and sale deeds and quitclaim deeds. The lesson then identifies other types of deeds that may be used for special purposes. All states have distinctive legislation pertaining to title conveyance. As a result, the third lesson of this module outlines relevant state statutes that affect the creation and execution of deeds, including those that differentiate between the unauthorized practice of law and the lawful role of real estate professionals. The last lesson in this module is a real estate practice lesson in which the student is presented with real world situations that licensees might face in the field. This lesson gives the student an opportunity to employ his or her new knowledge, and to use the material in this module to properly manage ethical predicaments and problematic transactions.
Outline
Lesson 1: Introduction to Deeds and Title Conveyance
* Contracts
* Deed Versus Title
* Deeds
* Elements of a Valid Deed
Lesson 2: Types of Deeds
* General Warranty Deeds
* Special Warranty Deeds
* Bargain and Sale Deeds
* Quitclaim Deeds
* Other Types of Deeds
* Business Executions Lesson
3: State-Specific Information Lesson
4: Real Estate Practice
* Introduction to Real Estate Practice
* Activity
* Field Applications of Liens, Taxes and Foreclosures Material Learning Objectives
* 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 as a real estate professional from the role of a licensed attorney.
* Describe state laws pertaining to title conveyance.
3 quizzes
2 practice finals and 1 final
Kansas Education Requirements
State Laws
New salesperson licensees must complete the 30-hour "Kansas Salespersons Post License Course" within 6 months of licensure. Afterwards, they will renew according to the state schedule depending on the last initial.
You must complete 12 hours of state approved elective courses every 2 years. Sales agents renew every 2 years on the last day of the month preceding their license expiration date. To receive credit, you will be required to take and pass a final exam online with a minimum score of 90%.
BROKERS must meet a 12-hour continuing education requirement by their first renewal date and at each subsequent two-year renewal.
SALESPERSONS must meet a 12-hour continuing education requirement for each subsequent two-year renewal after meeting the 30-hour post-license requirement.
Mandatory Hours
For renewals prior to January 1, 1999, the 12 hours required must include at least 3 mandatory core hours (no more than 9 can be elective hours).
For BROKER licenses renewed after January 1, 1999, at least 6 of the 12 hours must be mandatory core hours. Salesperson renewals continue to require 3 mandatory hours.