Opinions of Title
-
Welcome to the course!
-
The Real Estate Business
-
Law & Qualifications
-
License Law And Commission Rules
-
Authorized Relationships, Duties, And Disclosure
-
Brokerage Offices and Branch Requirements
-
Violations Of License Law, Penalties And Procedures
-
Chapter 8
-
Property Rights
-
Title, Deeds And Ownership Restrictions
-
Legal Descriptions
-
Real Estate Contracts
-
Residential Mortgages
-
Types of mortgages
-
Real Estate Related Computations And Closing Of Transactions
-
The Real Estate Markets And Analysis
-
Real Estate Appraisal
-
Real Estate Investments And Business Opportunity Brokerage
-
Taxes Affecting Real Estate
-
Planning, Zoning And Environmental Hazards
-
Course Assessments
FLORIDA REAL ESTATE SALES ASSOCIATE COURSE
Brokerage Offices and Branch Requirements
Section 15 of 31
One of the biggest traps for new agents is trying to play lawyer. You are NOT allowed to give an opinion on the "Title" of a property. Example: You check the public records and don't see any liens. You tell the buyer, "The title looks clean to me, you don't need a lawyer."Why it’s Dangerous: "Title" is a complex legal concept involving history, deeds, and hidden claims. If you say it's clear and you are wrong (e.g., a long-lost heir shows up), the buyer can sue you because they relied on your "expert opinion."The Correct Action: Always advise your client to consult an attorney or obtain title insurance. Never vouch for the legal status of the property yourself.
Rating
0
0
There are no comments for now.
Join this Course
to be the first to leave a comment.