Modern Real Estate Practice in Illinois 11th Edition

Course Fee: $499

Dates: February 4th, 2025 to May 15th, 2025
Live Classroom / Live Interactive Webinar 

Course Description: This course will prepare students with the knowledge necessary to prepare for the Illinois Real Estate Broker exam. 

The latest edition of Modern Real Estate Practice in Illinois is designed to meet the updated pre-licensing requirements in Illinois. The book reflects the most recent legislative changes, including updates to the Real Estate License Act of 2000, and new practices in Illinois. Students will benefit from complete coverage of topics such as agency, brokerage, license law, contracts, and financing. This text includes a full set of instructor resources, including interactive guides.

This course combines the 60-hour Illinois Real Estate Broker Pre-licensing course and the 15-Hour Pre-License Applied Real Estate Principles course. This will provide you with the required 75 hours of pre-licensing education necessary to be eligible to apply for an Illinois real estate broker's license.

CONTENTS - Introduction to the Real Estate Business:

• Real Property and the Law
• Concepts of Home Ownership
• Real Estate Agency 
• Real Estate Brokerage
• Brokerage Agreements
• Interests in Real Estate
• Forms of Real Estate Ownership
• Legal Descriptions
• Real Estate Taxes and Other Liens
• Real Estate Contracts
• Transfer of Title
• Title Records
• Illinois Real Estate License Law
• Real Estate Financing: Principles
• Real Estate Financing: Practice
• Leases 
• Property Management
• Real Estate Appraisal
• Land Use Controls and Property Development
• Fair Housing and Ethical Practices
• Environmental Issues and the Real Estate Transaction
• Closing the Real Estate Transaction
• Real Estate Mathematics