Property Inspection Issues

$29
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 2 Mandatory Hours: 0 Total Hours: 2
Description
Renewal Requirements

The inspection period is a big hurdle to jump over on the way to closing. The inspector’s job is to call out defects. The buyer agent’s job is to negotiate repairs. The seller agent’s job is to mitigate damage. It can sometimes be hard to hold a deal together.

Protecting your buyer as a buyer’s agent means understanding the importance of the home inspection contingency and its deadlines, and identifying the need for specialized inspections.

Protecting your seller as the listing agent means helping the seller understand disclosure obligations, prepare for the inspection, and respond to a buyer’s reasonable repair requests.

Course highlights:

  • The importance of the inspection contingency
  • The licensee’s role in the inspection process
  • Licensee and seller disclosure obligations
  • Red flags related to common structural, plumbing, and electrical issues
  • Specialized inspection types addressing radon, asbestos, sewer lines, septic tanks, mold, lead, and wells
  • Interactive activities and scenarios

Package Content:

State Requirements For Colorado

Colorado State Requirement Details for Real Estate Broker Continuing Education

Renewal Date: After initial license expires (December 31st of the year in which it was issued), license renews on a 3-year cycle beginning on January 1st of year one and expiring on December 31st of year three

Hours Required by the State: 24 hours

  • 12 hours of 4-hour Annual Commission Update Course (completed once each year)
  • 12 hours of elective courses

Note: An initial broker's license expires at midnight on December 31st of the year in which it was issued. During that initial licensure period, the newly licensed broker will not have to complete any continuing education. After that initial license period, the active licensee will then be on a three-year license cycle and must complete 24 hours of continuing education within that licensing cycle.

Colorado Division of Real Estate

Street Address: 1560 Broadway, Suite 925, Denver, Colorado 80202

Mailing Address: 1560 Broadway, Suite 925, Denver, Colorado 80202

Telephone: (800) 886-7675

Email: dora_realestate_website@state.co.us

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