COURSE DESCRIPTIONS

General Update #9920 - (For provisional and non-BIC brokers) - Topics for 2019-20 include: Competence of Licensees, Material Facts, Property Inspections, Wire Fraud, Law and Rule Update Changes, and Licensing and Education.

BIC Update #8820 - (BICs and "BIC Eligible only) - Topics for 2019-20 include: Competence of Licensees, Material Facts, Property Inspections, Wire Fraud, Law and Rule Update Changes, and Licensing and Education, as well as BIC's Duty of Supervision, and Record Retention.

 

~~~~~

Between the Lines: Insights from the Real Estate Bulletin #3461 - A real estate elective course designed to address some of the most commonly asked questions posed by real estate brokers and to provide insight into many misunderstood positions taken by the Commission on transactional matters. The articles in this book previously appeared in the North Carolina Real Estate Commission’s publication - Real Estate Bulletin (from 2007 to 2017). The primary objective of this course is to provide brokers with printed positions, conclusions, statements, resources, etc., as written by, or provided by, the NCREC staff (primarily).

The Contract Maze #2430 - A real estate elective course designed to navigate the intricate details and elusive question of "When does an offer become a contract?"

Everyday Ethics in Real Estate #3340 - This is the latest information from the Code of Ethics and Standards of Practice of the Nation Associations of Realtors (NAR). Students will gain greater insight into the responsibilities and duties required of Realtors and recommended sanctions for violations of the Code. This course meets the NAR biennial requirements of the ethics training. 

Red Flags: Property Inspection Guide #2206 - This class offers updated information for agents inspecting properties. Topics include asbestos, hazardous vegetation, structural problems, environmental hazards, and much more. 

 

What is IRC 1031 Exchange & How to Apply It #3482 - A class defining the Tax code 1031. Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free. Taught by John Starling with National Realty Exchange Corporation.