The TREC has determined that affiliate brokers and more recently licensed brokers who are required to complete continuing education must complete a specific four (4) hour "Core" course as part of the required 16 hours of continuing education in order to renew their license

         The MANDATED outline for the TREC CORE 09/10 Course is:

Real Estate Law/Rule/Policy Update
A major change that really became unnoticed during the staggering period that we have been experiencing for the last couple of years, is that whenever a new license is issued, that license will expire on its anniversary date two years following issue. That is important, because many seasoned licensees still have a fixation on renewing their licenses November 1 of even number years. Every license now has its very own expiration date.

Contract Issues - Contract Law
A contract is a voluntary agreement or promise between legally competent parties to perform some legal act supported by legal consideration.  In real estate contracts must be in writing to be enforceable in court with the one exception of a lease for one year or less. Understanding contracts is more than know how to fill in the blanks.

Agency as a Contract
According to NAR's 2007 Legal Scan, agency issues remain a perennial worry for real estate brokers, especially in areas of breach of fiduciary duties, dual agency, agency disclosure and issues created by minimum service agreements.

In this lesson we will continue are coverage of contracts and discuss agency relationships that we use in our day-to-day business.

Duties of Principal Brokers to Supervise
Frequently when considering disciplinary action against licensees, the Tennessee Real Estate Commission has ask the question, “Where was the broker” and raised the issue of whether Principal Brokers are meeting their duty to adequately supervise the licensees in their firms.

Cost of TREC CORE COURSE 2009-2010- TREC Continuing Education Certification: For the affordable cost of $29.95 you will receive your enrollment paperwork, hard copy text and any needed instructional assistance.  You will also receive your attractive and impressive diploma, and will be added to our mailing list to receive our very informative email newsletter.  Do not miss this excellent opportunity to obtain your certified TREC continuing education WITHOUT LEAVING YOUR OFFICE ! ! !