Sec. 176.3. Subjects for study—real estate salespersons  


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  • (a) The following are the required subjects to be included in the course of study in real estate for licensure as a real estate salesperson, and the required number of hours to be devoted to each subject:
    Salesperson's Course
    Subject Matter Hours
    License Law and Regulations
     
    3
    Law of Agency
     
    11
    Legal Issues
     
    10
    The Contract of Sales and Leases
     
    3
    Real Estate Finance
     
    5
    Land Use Regulations
     
    3
    Construction and Environmental Issues
     
    5
    Valuation Process and Pricing Properties
     
    3
    Human Rights and Fair Housing
     
    4
    Real Estate Mathematics
     
    1
    Municipal Agencies
     
    2
    Property Insurance
     
    1
    License Safety
     
    1
    Taxes and Assessments
     
    3
    Condominiums and Cooperatives
     
    4
    Commercial and Investment Properties
     
    10
    Income Tax Issues in Real Estate Transactions
     
    3
    Mortgage Brokerage
     
    1
    Property Management
     
    2
    Instruction
     
    75
    Final Examination
     
    3
    Total
     
    78
    (b) All approved courses must use this course syllabus in conducting their programs.