Law of Contracts - (1200) Online version
AUSTIN COMMUNITY COLLEGE
Texas Law of Contracts is a 30-hour course required by the Texas Real Estate Commission (TREC) for anyone who wishes to become a licensed real estate agent in Texas. This course covers broad issues on real estate purchase contracts, standards, regulations, forms and various other elements of a contract. Further, it puts more emphasis on how to fill out the forms and what the licensee’s responsibilities are. Finally, this course will cover the issues related to disclosures and regulations and what a licensee does in various real world situations.
Please note: This course contains a number of forms and contracts. In order to view these forms, you will need to have Adobe Acrobat Reader. It is recommended that, when you view the forms, you print them as well, so that you may use them as a reference throughout the course.
The items listed below are the minimal system requirements in order to take
this online course. While you may use the minimal requirements shown below,
it is recommended to use a faster system and faster Internet connection. Some
courses may take time to download on 56k modem. If your computer is not up to
par, the local library should have on-site computers available and connected
to the internet free of charge.
TYPE OF COURSE:
Should you require help regarding the online course, please contact the content expert at firstname.lastname@example.org. If you have technical questions please contact support@360training or 800-480-3890.
At the time of completion, an automatic notification to ACC will be submitted. The College will mail you a certificate of course completion to the address you provided during course enrollment, and it is your responsibility to submit a copy of the certificate to TREC for credit. For more real estate education requirements, the student should visit TREC’s Web site, www.trec.state.tx.us
Lesson 1- The Role of the Licensee: 2 hours
Lesson 2- Contract Law and Terminology: 7 hours
Lesson 3- Promulgated Forms: 7 hours
Lesson 4- Presenting Offers and Licensee’s Responsibilities: 3 hours
Lesson 5- Calculations: 4 hours
Lesson 6- Credit Scoring and Exercises: 2 hours
Lesson 7- HUD Settlement and Closing Costs: 2 hours
Lesson 8- FHA and VA Contract Information: 3 hours