Welcome to the world of real estate contracts and closings, where the final stages of a property transaction come to life.
In this blog post, we will explore the importance of understanding contracts and closing processes in the real estate industry. Whether you're a newly licensed real estate professional or a seasoned agent looking to expand your knowledge, Skyline School's Post-Licensing Course 302: Contracts and Closing is your gateway to unlocking success in the world of real estate. This course is designed to provide real estate brokers with a deeper understanding of contract law, real estate sales contract preparation, sales contract procedures, buyer’s due diligence, closing procedures, and more.
The Post 302 – Contracts and Closing course is a comprehensive 30-hour course that forms part of the mandatory 90 Hour Post licensing education program in North Carolina. This course is designed to provide real estate brokers with in-depth knowledge and skills beyond what is taught in prelicensing courses.
The course focuses on several key areas of real estate contracts and closing:
Basic Contract Law Concepts: A detailed review of selected basic contract law concepts.
Real Estate Sales Contract Preparation: A comprehensive overview of real estate sales contract preparation.
Sales Contract Procedures: A step-by-step review of sales contract procedures.
Buyer’s Due Diligence: A review of buyer’s due diligence.
Closing Procedures: A review of closing procedures.
Real Estate Settlement Procedures Act: A review of the Real Estate Settlement Procedures Act.
Closing Disclosure Preparation: A review of closing disclosure preparation.
Contracts for Deed, Options: A review of contracts for deed and options.
License Status & Education Issues: A review of selected real estate license status and education issues.
The course is divided into seven sections:
Basic Selected Contract Law Concepts (1.5 hours)
Real Estate Sales Contract Preparation (12 hours)
Sales Contract Procedures (2 hours)
Closing Preparations and Procedures (2 hours)
TILA-RESPA Integrated Disclosure Rule (TRID) and Real Estate Settlement Procedures Act (RESPA) (2 hours)
The Settlement Statement (6.75 hours)
Other Topics (Alternate Conveyance Contracts; License Status and Education Issues) (0.75 hours)
The course concludes with a closed-book, proctored end-of-course examination.
For a more in-depth look at what this course entails, feel free to check out the syllabus:
Students are required to have the current editions of the North Carolina Real Estate Manual, North Carolina Real Estate License Law and Commission Rules, and the Commission’s Residential Square Footage Guidelines booklet.
Why Choose Skyline School?
Enrolling in Post-Licensing Course 302 with Skyline School offers numerous benefits for real estate professionals. By staying ahead of the competition, expanding your professional network, and fulfilling post-licensing education requirements, you position yourself for success in the dynamic real estate industry. Click here to get started!
Mastering the art of real estate contracts and closings is a fundamental skill for any successful agent. With Skyline School's Post-Licensing Course 302: Contracts and Closing, you can take your real estate career to new heights. By understanding the intricacies of contracts, mitigating risks, and navigating the closing process seamlessly, you'll gain a competitive edge in the industry. Don't miss this opportunity to invest in your professional development and unlock the door to endless possibilities in the realm of real estate.
To learn more and enroll in Skyline School’s Post-Licensing Course 302: Contracts and Closing class click here. Start your journey toward expertise and success today!
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