Post 302 - Contracts and Closing

  • Teacher: Debra Votta
  • Price: $ 200.00

Post 302 - Contracts and Closing

Dates Coming Soon, TBA

 

 

  • Post 302 - Contracts and Closing - (30 instructional hours)

Course Description: The Post 302 – Contracts & Closing course is one of the three 30 instructional hour courses in the North Carolina mandatory Postlicensing (PL) education program.

The primary objective of the courses is to provide instruction at a level beyond that provided in Prelicensing courses on topics deemed to be of special importance in the active practice of real estate brokerage.

Topics addressed in this course include:

  •   selected basic contract law concepts,  
  •   real estate sales contract preparation,  
  •   sales contract procedures,
  •   buyer’s due diligence,  
  •   closing procedures,  
  •   Real Estate Settlement Procedures Act,  
  •   closing disclosure preparation,  
  •   contracts for deed, options, and  
  •   selected real estate license status and education issues. 

Prerequisite: Per Commission Rule 58A .1902(b), a provisional broker as described in NCGS 93A-4(a1) shall complete all Postlicensing courses pursuant to Paragraph (a) of this Rule within 18 months following the date of initial licensure. 

Course Materials:  Per Commission Rule 58H .0205(c), the EP shall verify that each enrolled student possesses course materials by the first class session. Mandatory materials for this course include the current editions of: • North Carolina Real Estate Manual (hereinafter called Manual),  Page 2 of 48 • North Carolina Real Estate License Law and Commission Rules (hereinafter called LLCR), and  • the Commission’s Residential Square Footage Guidelines booklet. These publications can be ordered in print or digital format through the Commission’s website or the EP.