This course will provide the real estate license holder with insight into the legal requirements and ramifications of their actions as it relates to how they establish and conduct business. Based on calls from the Texas REALTORS® Legal Hotline, the course will discuss the most frequently asked questions from Texas REALTORS®. Covered topics include contract provisions and addendums, property-management issues, advertising rules, anti-trust issues in real estate and much more pertaining to how to legally operate as a Texas real estate license holder. How to avoid situations, by understanding their legal position, should buyers, sellers, landlords or tenants seek recourse against them for perceived damages incurred as result of license holder conduct.


Timed outline:
Introduction, Course protocol, and guidelines - 5 mins

What it does and does not mean to act as a Fiduciary – 10 Min

Protecting Confidential Information – 10 Back Up Contracts, Intermediary Transactions, Dual Functions – 10 Min

Who and What is covered by an E&O Policy – 10 Min

Common Types of Claims and Need for Documentation – 10 Min

Effective Buyer Representation – 20 mins

Real Estate Lawsuits and Anti-trust concerns – 15 mins

Property Management Legal Concerns – 10 Min

Cyber Losses and Prevention – 10 Min