7/1/17-6/30/18 SALESPERSON & BROKER REQUIRED MODULE: Agency, Fair Housing & Special Entities Authority OnDemand Course (3.75-Credit Hours)

This year’s 3.75 hour course introduces us to real estate transactions involving special entities. You’ll discover the laws, requirements, and practices that affect licensees and clients in transactions with a special entity. You will learn vocabulary and real estate transaction basics involving;

• Powers of Attorney
• Trusts
• Estates
• Guardianships and Conservatorships for those lacking capacity
• Divorces
• Corporate entities

This course will deepen your understanding of agency law and fair housing. An overview of the history and foundation of Minnesota agency law will strengthen your knowledge of agency relationships in a real estate transactions. You’ll gain perspective by learning the history of federal Fair Housing law, from Lincoln’s bellwether Civil Rights Act of 1866 through today’s regulations and prohibitions under the federal Fair Housing Act and the Minnesota Human Rights Act. After attending this class, you will:

• Know what the law requires in real estate transactions involving special entities
• Recognize issues related to these specialcircumstances and what to do when they arise
• Understand the legal duties and obligations regarding agency relationships in real estate transactions
• Relate the history of fair housing in America to today’s housing issues
• Identify prohibited acts under Fair Housing law and Minnesota Human Rights Act
• Be better equipped to serve buyers and sellers in today’s complex real estate transactions

NOTE: In addition to satisfying the annual Salesperson & Broker Required Module, completion of this course will satisfy ALL of the following requirements: 1-hour Fair Housing, 1-hour Agency Law, and the 1-hour Broker Module Requirement.

This is the required module effective July 1, 2017, through June 30, 2018.

This course has been approved by the Minnesota Commissioner of Commerce for 3.75 hours of real estate continuing education.