Source: https://www.360training.com/real-estate-education/prelicense/washington-prelicense/washington-real-estate-practice
Timestamp: 2020-04-03 00:00:16
Document Index: 501099042

Matched Legal Cases: ['art 1', 'art 1', 'art 1', 'art 2', 'art 3', 'art 1', 'art 2', 'art 1', 'art 2', 'art 1', 'art 2']

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Lesson 1: Working as an Independent Contractor
- Independent Contractor Definition and Requirements
- Selecting the Right Brokerage Firm
- Broker Business Relationships and Responsibilities
Lesson 2: Working as a Broker
- Broker's Business Plan
- Tools and Accountability
- Broker's Environment
- Renewal Through Learning
Lesson 3: Developing a Client Base
- Common Rookie Mistakes
- Setting Production Goals
- Center of Influence
- Referral-Based Business
Lesson 4: Recordkeeping
- General Recordkeeping Responsibilities
- Accuracy and Accessibility of Records
Lesson 5: Concept of Agency
- Introduction to Agency
- Creation and Termination of Agency
- Types of Agency
- Subagency and Non-Agency
Lesson 6: Relationships in Agency
- Brokers' Duties to Clients and Customers
- Duties of a Seller's Agent
- Duties of a Buyer's Agent
- Duties of a Dual Agent
- Relationship Between Broker and Licensees
- Splitting Commissions
Lesson 7: Services Offered With and Without an Agency Relationship
- Services and Disclosures
- Offering Services without Creating Agency
Lesson 8: Agency and Multiple Listing (MLS) Associations
- Multiple Listing Associations
- Vicarious Liability and Imputed Knowledge
Lesson 9: Ethical Behavior
- Principles of Ethical Behavior
- Reasoned Views vs. Opinions
- Duty-Based Ethics
- An Ethical Decision-Making Model
- Ethical Case Study
Lesson 10: Case Studies
Lesson 11: Listing Property
- Elements of a Listing Agreement
- Determining What is for Sale
- Termination of a Listing Contract
Lesson 12: Listing Agreements and Seller Disclosure Statements
- Types of Listing Agreements
- Washington Residential Seller Disclosure Law
- Amending the Disclosure Statement
Lesson 13: Fair Housing
- Advertising and Fair Housing
- Fair Housing Compliance
- Anti-Trust and Real Estate Activities
Lesson 14: Compensation and Buyer Agency
- Buyer Brokerage Agreement Clauses
Lesson 15: Valuing Property
- Forces Affecting Values
- Economic Factors Influencing Value
- Value, Price, and Cost
Lesson 16: Market Analysis
Lesson 17: Replacement and the Cost Approach
- How is Value Estimated?
- Replacement Cost and Reproduction Cost
- Determining Replacement Cost
- Cost Approach Review
Lesson 18: Income Approach
Lesson 19: CMA vs. Appraisal Part 1
- Approaches to Value
Lesson 20: CMA vs. Appraisal Part 1
Lesson 21: Advertising
- Advertising Spending
- 30-Day Marketing Process
Lesson 22: Open Houses
- Why Hold Open Houses?
- Online Open Houses
Lesson 23: Negotiations and Offers
- Communication and Effective Representation
- Negotiations and Outcomes
Lesson 24: Earnest Money and Home Inspections
- Relationships with Home Inspectors
Lesson 25: Basic Law of Contracts
- Two Contract Caveats
- Contract Breach
Lesson 26: Types of Contracts
- Basic Contract Law
- Legal Capacity of the Parties
Lesson 27: Avoiding Fraud and Void
- Reality of Consent
- Situations Lacking Mutual Consent
- Void and Voidable
Lesson 28: Contract Termination
- Bilateral and Unilateral Contracts
- Executed and Executory
- Discharge and Termination of Contract
Lesson 29: Sale Contracts
- Land Contract
Lesson 30: Handling Earnest Money Part 1
- Problems with Earnest Money
- Forms of Earnest Money
- Things That Cannot be Deposited
Lesson 31: Handling Earnest Money Part 2
- Earnest Money Responsibilities
Lesson 32: Handling Earnest Money Part 3
- Managing Community Associations
- Property Owned by Licensees
- WA Earnest Money Rules
Lesson 33: Qualifying the Borrower Part 1
- Loan Underwriting
- Borrower's Income
- Borrower's Net Worth
- Borrower's Credit History
Lesson 34: Qualifying the Borrower Part 2
- Qualifying the Borrower
- FHA Underwriting Standards
- VA Qualifying Standards
- Certificate of Reasonable Value
Lesson 35: Qualifying the Property Part 1
- Lender's Perception of Value
- Market Appraisal Approach
- Cost Appraisal Approach
- Income Appraisal Approach
Lesson 36: Qualifying the Property Part 2
- Understanding the Appraisal Process
- Low Appraisals
- Considerations in a Residential Appraisal
Lesson 37: Titles
- Truth - in - Lending Act
- Appraisal Process and Categories
Lesson 38: The Loan Process
- Analysis of Borrower and Property
Lesson 39: Conventional Financing Part 1
- Amortized Loans
- Nonconforming Loans
- Secondary Financing
- Fully Amortized Loans
- Partially Amortized Loans
Lesson 40: Conventional Financing Part 2
- How Mortgage Insurance Works
- PMI Cancellation
- 90% Conventional Loans
- 95% Conventional Loans
- Easy Documentation Loans
Lesson 41: Alternative Financing
- Negative Amortization
- ARM Disclosures
Lesson 42: FHA Loans
- FHA Loan Features
- Loan Assumptions
- Mutual Mortgage Insurance
- FHA Mortgage Programs
Lesson 43: VA Loans
- VA Loan Guaranty Characteristics
- Default and Foreclosure
- VA Loan Process
Lesson 44: Fractions and Formulas
- Definitions and Measurements
- Decimals, Fractions, and Percents
- Memory Formula
Lesson 45: Proration
- Insurance and Rent
Lesson 46: Measurements and Survey Systems
- Lot and Block System
- Volume and Area