Ed-Pak 26 OREF for Oregon Real Estate Continuing Education

This course is designed to give the licensee a comprehensive understanding of the many issues regarding disclosure in the practice of real estate in Oregon. The common law fiduciary duty of disclosure is explored along with the trend towards more expansive disclosure standards. Discussed in detail are the Seller's Property Disclosure Statement, the Lead-based Paint Disclosure Statement, RESPA disclosures, Ballot Measure 37 disclosures and the numerous other disclosures that are required when real property is sold or transfers.

Oregon Agency disclosure requirements and procedures are also examined in detail.

Upon completion of this course, the licensee will have a comprehensive knowledge and checklist of potential disclosures that should be made in an Oregon real estate transaction.

Course Content

The course is divided into four chapters of reading material. A review quiz follows each chapter.

At the end of the course is an optional 20-question final exam in multiple-choice question format. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

The code of ethics course emphasizes that the standards of ethical conduct in the practice of real estate are based upon the National Association of Realtors® Code of Ethics and Standards of Practice and upon federal and state laws governing conduct applicable to the practice of real estate. The concept of misrepresentation and all of its implications to the daily practice of real estate is discussed in detail. This course is an article-by-article dissection of the Code of Ethics, organized in three major topic areas:

1. The licensee's ethical conduct with respect to clients and customers
2. The licensee's duty to the public
3. The licensee's duties to fellow Realtors®

A detailed discussion of specific ethical conduct under each of these three general categories will give the licensee an excellent basis upon which to conduct an ethical practice of real estate.

NAR members are required to complete 2.5 hours of Ethics training every three years. This course qualifies towards your good membership standing with NAR. NAR members must now take an ethics course or training equivalency from a local, state, or national REALTOR® association to receive credit towards their Code of Ethics training requirement.

Course Content

This course is composed of 3 hours of reading material. The course is divided into five segments with review quizzes at the end of each segment.

At the end of the course an optional final examination is available. The final examination consists of 20 questions. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

Conditions and contingencies will be found in almost every real estate purchase and sale agreement. A purchase may be contingent on the buyer receiving a loan to purchase the property, the seller locating and purchasing a replacement property, or even inspection reports that confirm the condition of the property being purchased.

It is important real estate licensees to understand the law relating to them, since real estate sale agreement provisions may not become an affirmative duty until the happening of a contingency or condition. Neglecting these issues in the real estate contract may result in a unhappy buyer or seller.

Course Content

This one-hour course will discuss methods to use when writing a contingency, how to write a contingency for the benefit of your client, and how to write iron- clad contingencies that do not provide wiggle room for either party. 

At the end of the course is an optional 10-question final exam. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

This course is an overview of legalized marijuana on the real estate industry. State legalization of marijuana is of special interest to real estate professionals because it raises issues in both residential and commercial real estate. Licensees must evaluate the ethical implications involved, including reporting requirements and the level of expertise needed to properly assist clients and customers. Commercial and residential landlords must understand their rights under the law, raising the potential problem of unauthorized practice of law already familiar to real estate professionals.

This course will start with a general overview of the marijuana industry and look at the economical impact it has on states. We'll then go over some considerations when dealing with marijuana and real estate property. Finally we'll cover Oregon-specific issues. It does not contain instructions on how to properly grow or cultivate marijuana.

Course Content

This one-hour course is divided into five sections. An optional 10-question final exam is presented at the end of the course. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

This course provides a survey of non-traditional mortgage products. Although real estate agents do not originate mortgage loans, understanding what mortgage products are available to clients will help real estate licensees provide a better client experience. It will also provide awareness of potential difficulties in the real estate transaction when clients opt for non-traditional mortgages.

The mortgage programs covered in this course are:

1. Adjustable Rate Mortgages
2. Fair Housing Administration (FHA) Loans
3. Veterans Administration (VA) Loan Program
4. The Good Neighbor Next Door Program
5. Fannie Mae's HomeReady® Mortgage Program
6. Fannie Mae's HomeStyle® Renovation Loan
7. Energy Efficient Mortgage Programs

Course Content

This course contains seven chapters of text, with a quiz at the end of each chapter. At the end of the course is an optional final exam. A course completion certificate for Oregon real estate continuing education credit will be issued after completing the OREA-required seat time.

In this course, we will cover the information that a real estate agent should know about surface and groundwater. The course is aimed at real estate professionals working in Oregon and will focus on understanding the laws, regulations, and unique situations of that state.

The course will be broken into several parts:

1. The Origin of Water Rights
2. Water Supply Problems on the Pacific Coast
3. Regulations in Oregon
4. Miscellaneous Water Issues

By the end of this course, you should have a working knowledge of basic water law in Oregon. You should broadly know why water law is relevant to your practice and what looming problems there may be in your state. In general, your client will look to your knowledge as an indicator of how knowledgeable you are on the subject, so continue familiarizing yourself with the finer details and region-specific information as you practice. Lastly, you will have a working understanding of groundwater issues such as how to obtain a well log, how to check the well for contaminants, and the expenses involved in renovating or digging a new well.

Course Content

This course contains four chapters of text, with a quiz at the end of each chapter. At the end of the course is an optional final exam. A course completion certificate for Oregon real estate continuing education credit will be issued after completing the OREA-required seat time.

As a real estate agent, you will often be working alone. This could potentially place you in uncomfortable or dangerous situations. In this course, you will learn how to recognize that personal safety risks are present in the industry, what you can do to protect yourself from these risks, learn about the types of crimes against real estate professionals, and how you can develop and implement a Personal Safety Program.

Course Content

This 1-hour course contains online reading material. A 5-question optional final exam is presented at the end of the course. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

This course is designed to demonstrate that risk management should be viewed as a positive strategy that will provide for increased profits. Any risk that develops into a problem will necessarily cost money to solve. The course introduces the student to the concept of risk and potential consequences that risk presents if not managed properly. The student is introduced to the three main areas of legal liability: contract, tort, and violation of law. Then the specific major areas of risk are discussed in detail. These risks are grouped for discussion purposes under agency, fair housing, environmental issues and anti-trust law. The course also provides the student with a strategy, which if followed, will assist the licensee in minimizing risk and thereby increasing profit.

Course Content

This course is composed of 4 hours of reading material divided into 4 chapters. Review questions are placed in between reading sections, along with topic discussions and quizzes.

Students have an optional final exam at the end of the course. The final exam consists of 20 questions. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

This course explains the importance for real estate licensees to be proactive against online threats to their business and their clients. This course will describe cybersecurity, cyber threats, and responses to those threats.

The course is broken into three sections:

• Chapter 1 - Reasons for Cybersecurity: This chapter explain the purpose and importance of being aware of internet-based risks.
• Chapter 2 - Cyber Threats: This chapter covers the three main categories of online threats: malware, social engineering, and connectivity threats. Each category is further divided and identifies common types of attacks.
• Chapter 3 - Cyber Responses: This last chapter breaks down the chain of a cyberattack and how licensees can protect themselves from each link of the attack chain.

Course Content

This Oregon real estate course consists of three chapters of online reading materials. At the end of each chapter is an optional 5-question quiz. An optional final exam is presented at the end of the course. A continuing education course completion certificate usable towards Oregon REA continuing education requirements will be issued after completing the course.

This course is designed to give a historical overview of the Federal Fair Housing Laws and an in-depth discussion of the individual laws and their application to the practice of real estate. The course emphasizes anti-discriminatory conduct which all licensees should practice. The course concludes by discussing the voluntary affirmative action marketing program (VAMA) and why promoting fair housing laws is a positive force at work in this state and throughout the nation.

Course Content

This course is composed of 3 hours of reading material divided into 5 chapters. Review questions are placed in between reading sections, with a quiz at the end of each chapter.

Students have an optional final exam at the end of the course. The final exam consists of 15 questions. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.