This class is the first step on the path to an exciting new career as an Illinois Real Estate Agent. Illinois law requires that students complete 75 hours of education to qualify for the Broker License. The course consists of a 60-hour real estate topics course and a 15-hour interactive course.
Course content includes Introduction to the Real Estate Business
- Real Property and the Law
- Concepts of Home Ownership
- Real Estate Agency
- Real Estate Brokerage
- Brokerage Agreements
- Interests in Real Estate
- Forms of Real Estate Ownership
- Legal Descriptions
- Real Estate Taxes and Other Liens
- Real Estate Contracts
- Transfer of Title
- Title Records
- Illinois Real Estate License Law
- Real Estate Financing: Principles
- Real Estate Financing: Practice
- Leases
- Property Management
- Real Estate Appraisal
- Land Use Controls and Property Development
- Fair Housing and Ethical Practices
- Environmental Issues and the Real Estate Transaction
- Closing the Real Estate Transaction
- Real Estate Mathematics.
Upon successful completion of the 75 hours pre-license course, you must successfully pass the state examination with a minimum score of 75% in order to receive their broker license.