Agency Law - Disclosure & Forms
3 hours credit - Agency Law

The objectives of this course is to provide the student with information so they can identify agency obligations to client and duties to non-clients. The course will review court cases, statutes, Commissioner's Rules and documents as it relates to agency and disclosure. 5 industry standard forms are thoroughly reviewed. AAR's Buyer-Broker Exclusive Employment Agreement, Agency Disclosure and Election, Compensation Agreement, Consent to Limited Representation, and ARMLS Exclusive Right to Sell/Rent Legal Language.

Summary of Sessions
Session 1Real Estate Broker’s Agency Obligations to the Client
Session 2Real Estate Broker’s Obligations to the Non-Client
Session 3What does the Department Expect?
Session 4Representing the Seller - The Listing Agreement
Session 5Buyer-Broker Exclusive Employment Agreement
Session 6Disclosure Obligations to your client - The Buyer
Session 7Agency Disclosure and Election Form
Session 8Compensation Agreement and Consent to Limited Representation Form

Course Documents and Reference Materials

  • Court cases on agency
  • Arizona Revised Statutes on agency and disclosure
  • Commissioner Rules on agency disclosure
  • Buyer Advisory Document
  • Exclusive Right to Sell/Rent
  • Buyer-Broker Exclusive Employment Agreement
  • Agency Disclosure and Election
  • Compensation Agreement (For Sale by Owner)
  • Consent to Limited Representation
  • AAR's Buyer Broker Agreement and Agency Forms Summary

    In order to pass this class and receive your Educational Certificate, the student must complete all sessions by reading the material online and completing the quizzes at the end of each session.  After all sessions have been completed, the student can then proceed to take their Final Exam, which consists of 50 questions based on the completed sessions.

    You must pass the Final Exam with a score of 80%, which will indicate that you have read and completed your assignments.  You can retake the final until you pass.

    Once you pass your Final Exam, you can then click on the Certificate Link and receive your Educational Certificate for 3 hours of credit in Agency Law, IMMEDIATELY.



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