New York Real Estate License School Online
New York Real Estate Continuing Education Courses
22.5 Hour New York Real Estate License Renewal Package - $110
Approved Course Number(s): M-7083 M-7079
This package includes the following courses:
- Closing & Settlement Costs (3.5 Hours)
- Home Inspection (3.5 Hours)
- Liens, Taxes & Foreclosures (3.5 Hours)
- Contracts, Purchase & Sales Agreements (4 Hours)
- Environmental Hazards (4 Hours)
The New York Real Estate Commission requires salesperson licensees to complete 22.5 hours of continuing education every 2 years.
New York Real Estate CE Requirements:
To renew your license, you must complete 22.5 credit hours of continuing education every two years from the date your license was received.
The New York Department of Licensing Services requires education providers to issue course credit to students who complete the online course within the state-mandated time period. This means, to complete the course you must sit for the required number of hours; for example, to receive credit for a three-hour course, you must literally sit for three hours of instruction.
***Attention Students***
The New York Department of Licensing Services requires education providers to issue course credit to students who complete the online course within the state-mandated time period. This means, to complete the course you must sit for the required number of hours; for example, to receive credit for a three-hour course, you must literally sit for three hours of instruction.
Before beginning the course, please note:
1. Timing Clock: Each lesson is timed. To complete a lesson, you must sit until the clock displays 0:00. If you close the browser, log out of the course player (browser with ‘iCourse Player 2.1.8 in top left corner), or leave your computer idle for longer than 10 minutes, THE TIMER WILL RESET. If this happens, then you must return to the BEGINNING OF THE LESSON and the TIME WILL BE RESET. (Suggestion: If you log out, please do so after you complete a lesson or before you begin a lesson.)
2. Idle Timer: The course player detects activity. If you leave the course player idle for 10 minutes, then you WILL BE LOGGED OUT OF THE LESSON. If this happens, then you must return to BEGINNING OF THE LESSON and the TIME WILL BE RESET. You MUST hit the GREEN PLAY BUTTON, to prevent triggering the idle timer.
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New Agency Disclosure Requirements for New York State:
Prior to the revisions to Section 443 of the Real Property Law, only 1 agency relationship disclosure form was required for buyer/seller and landlord/tenant transactions. The combined form used the terms "seller/landlord" and"buyer/tenant" interchangeably. On and after Jan. 1, 2007, the combined form will no longer be permitted and, rather, 2 separate disclosure forms will be required; one for buyer/seller transactions and another for landlord/tenant transactions. The2 forms provide expanded, clearer definitions of the different agency relationships and explain the fiduciary duties owed by brokers and salespeople under each type of agency relationship.
1031 Exchanges
The objective of this course is to enlighten the participant in the many important aspects of Internal Revenue Code Section 1031. The course will focus on the benefits of the §1031 exchange for the investor, licensed real estate agent/broker and other parties to the transaction. Participants will learn exactly what qualifies under Section 1031 and, furthermore, how to utilize the various types of §1031 exchange formats to enhance their clients' position in the investment real estate market. Real-life examples will be used to illustrate the important procedural issues as well as the IRS Rules and Regulations.
Approved Course Number(s): M8026
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Asset Management
APPROVED FOR 3 HOURS CONTINUING ED CREDIT
COURSE DESCRIPTION:
This course covers broad issues and components of asset management plans. It also explains the discounted cash flow analysis. And the impact of the different assumptions on discounted cash flow analysis. It further explains the factors to consider deciding whether to buy or lease property.
TOPICS COVERED:
Introduction
LESSON 1: Asset Management Essentials
LESSON 2: Case Study: A Successful Renovation
LESSON 3: Asset Management Assumptions
LESSON 4: The Decision to Buy or Lease
LESSON 5: Distressed Property Decisions
LESSON 6: The Disinvestment Decision
LESSON 7: Complexities of Real Investment
LESSON 8: Real Estate Market Research
LEARNING OBJECTIVES:
The impact of different assumptions on discounted cash flow analysis
Discounted cash flow analysis
The components of Asset Management Plans
How to compare Alternative Asset Management
The factors to consider to deciding whether to buy or lease property
The factors in deciding whether to sell or hold a property
The different alternatives to maximize return from distressed property
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TESTING:
Quizzes - All quizzes must be taken to proceed forward to the next lesson. Final Exam - You will NOT be required to take a final exam.
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REGULATORY REQUIREMENT:
State agents need to complete 22.5 hours of state approved elective courses every 2 years, and renew every two years from the date their license was received.
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COURSE COMPLETION:
After course completion, you will print and complete a course completion certificate and fax to the school. New York Department of State will be notified within one business week and a certificate mailed within 7-14 business days.
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ABOUT THE SUBJECT MATTER EXPERT:
This course was created by the instructional design staff of 360Training in connection with field professionals that bring many years of experience in adult educational theory and distance learning technology to make the process of certification, compliance and training as convenient, engaging, and cost-effective as possible.
If you have any requests for technical or instructional support, please contact the 360Training Support Department located in the HELP section of your account profile. Technical support inquiries are handled immediately and instructional support questions are returned within 24 business hours with answers provided by a qualified professional in your field through our network of subject matter experts.
Approved Course Number(s):
M7081
New York Real Estate License Continuing Education Courses
New York Department of Licensing Services, 1031 Exchanges
Asset Management APPROVED FOR 3 HOURS CONTINUING ED CREDIT
New York Real Estate License Continuing Education Courses-Approved 22.5 Hour New York Real Estate License Renewal Package