Postlicensing 302 Contracts and Closing
About
This course is one of three 30-hour courses that must be completed within 18 months of initial licensure as a real estate broker. Students must hold a North Carolina real estate license in order to get credit for this course from the North Carolina Real Estate Commission.
The primary objective of the course is to provide instruction at a level beyond that provided in prelicensing courses. It focuses on topics deemed to be of special importance in the practice of real estate brokerage specific to North Carolina. Topics addressed in this course include:
- Selected basic contract law concepts
- Real estate sales contract preparation
- Sales contract procedures
- Buyer’s due diligence
- Closing procedures
- Real Estate Settlement Procedures Act
- Closing disclosure preparation
- Contracts for deed, options
- Selected real estate license status and education issues
Required materials include:
- Most recent version of the North Carolina Real Estate Manual: printed version or online version
- Most recent version of the North Carolina Real Estate License Law and Commission Rules: printed version or free PDF
- Residential Square Footage Guidelines: printed version or free PDF
[Note: choose which of the following statements applies to your college.]
These materials are available at the College’s bookstore and at the North Carolina Real Estate Commission’s website using the links above.
These materials are available at the North Carolina Real Estate Commission’s website using the links above.
You will be required to show that you have obtained these materials on the first day of class.
