The Things to Understand in the 1‐4 Contract
*3hr Mandatory CE
Monday, May 3rd | 9am-12pm Central Time
*This class satisfies TREC’s mandatory Contracts class requirement*
Course Description
The 1- 4 Family Contract has several paragraphs that require disclosure to protect both the buyers and sellers in a transaction. Students will learn that Paragraph 2 provides descriptions of the items that shall remain with the dwelling or are exclusions. Agents and brokers must help their clients understand what conveys or not. Additionally, Paragraph 4 defines what leases may apply. Due to the cost of installation, Solar equipment often causes major issues in a transaction. Every agent should know what information they should have prior to completing the form. Additionally, every agent should have consulted with lenders to get assistance in completing Paragraph 4 as well as the addenda that go with the contract. Students will review and understand how Paragraph 9 and 10 also protects consumers about leased items.
$39.95
*This class satisfies TREC’s mandatory Contracts class requirement- As of February 1, 2021 sales agents and brokers are required to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) required to renew a license or activate a license.
APPROVAL INFO:
Approved by the Texas Real Estate Commission for 3 hours of Continuing Education.
TREC Course #: 40706
TREC Provider #: 10444
TREC Instructor #: 2673
Course Author & Instructor: Candace “Candy” Cooke
*REFUND POLICY: Refunds requests must be made prior to the zoom link being provided. Cancellation must be in writing. After the zoom link has been provided, no refunds will be given.
Course Author / Instructor
Candace “Candy” Cooke
CANDACE K. COOKE, CREI, CDEI, SRES, GRI, GAA, CRB
Senior Instructor – Texas Association of REALTORS®, April 2007 – present
Qualifying and Continuing Education instructor for adults licensed with the Texas Real Estate Commission and the Texas Appraiser Licensing and Certification Board.
Having been involved in the real estate field since 1983, Candace Cooke’s experience includes real estate research and valuation of residential and commercial properties with an emphasis in residential appraisal, the management of both residential and commercial real estate, real estate development and construction and real property tax protest arbitration. Ms. Cooke has also actively listed and sold real estate in Central Texas. Ms. Cooke previously worked for several years as a contractor with the State of Texas in the assessment of appraisal districts with regards to school district funding. Ms. Cooke is both a certified general appraiser as well as a real estate broker in the State of Texas. Ms. Cooke is now dedicating a large portion of her time to the education of both real estate agents and appraisers.
