Required CE – 4 Hours – TREC Approval Number #42039

TREC Legal Update I is the first of two required Legal Update courses for all real estate licensees. Brand new for 2022, this course will bring you up to date with the latest statutory changes to the Texas Real Estate License Act, emphasize the latest contract changes, the latest fair housing issues, and Landlord-Tenant issues. We know while taking the class, you will see numerous issues that maybe were industry norms for a long time that are now not only wrong but illegal. Keep your self up to date with this great class.

Course Chapters:

•          Chapter 1: Legislative Changes and TREC Rule Updates

  o   Key TREC Rules Updates

  o   How Can A License Holder Get Involved in the Rule Making Process?

  o   Licensing-Related Bills Passed during the 87th Texas Legislative Session

  ·         Chapter 2: Promulgated Contract Forms and Addenda

  o   Changes to Promulgated Forms

  o   Additional Changes to Other Promulgated Forms

  o   Addendum Changes

  o   Two New Promulgated Addenda Forms Created

  o   Let’s Get Real…Best Practice Tips

  §  Proper Use of Paragraph 21

  §  Back Up Offers

  §  Appraisal Addendum Issues

  o   Escalation Clauses

  ·         Chapter 3: Fair Housing – Diversity and Inclusion in Real Estate

  o   History of Civil Rights Laws Impacting Real Estate

  o   Fair Housing Investigations

  §  News Day

  §  Redfin

  o   Fairhaven: A Fair Housing Simulation

  o   Fair Housing Complaint Trends

  o   TREC Rules and NAR’s Code of Ethics

  o   TREC Rule §531.19 – Discriminatory Practices

  o   NAR Code of Ethics

  o   Love Letters with Multiple Offers and Fair Housing

  o   Key Terms and Definitions

  o   The One America Initiative

  o   Discrimination Against People with Disabilities

  o   In Conclusion

  ·         Chapter 4: Landlord-Tenant Issues and Property Management

  o   Legislative Changes Affecting Property Management

  o   Fair Housing Act (FHA) and the Americans with Disabilities Act (ADA)

  o   What is Considered a Disability Under the Law?

  o   What is Covered?

  o   Reasonable Accommodations vs. Reasonable Modifications under the FHA & ADA Accessibility