Episodes

Monday Nov 26, 2018
Chapter One Introduction to the Real Estate Business
Monday Nov 26, 2018
Monday Nov 26, 2018
This lecture covers:
Definition of Real Estate Land and Real Property
Industry Career Fields
Forces of Supply and Demand
Physical and Economic Characteristics of Real Estate

Monday Nov 26, 2018
Chapter Two: Real Property and the Law
Monday Nov 26, 2018
Monday Nov 26, 2018
This chapter lecture covers
- Definition of Land, Real Estate and Real Property
- The Bundle of Legal Rights
- Real Property V. Personal Property
- Fixtures vs. Trade Fixtures
- Physical and Economic Characteristics of Real Estate
- 7 Bodies of Law that Affect Real Estate

Monday Nov 26, 2018
Chapter Three: Concepts of Home Ownership
Monday Nov 26, 2018
Monday Nov 26, 2018
- Types of residential property
- Advantages of Home Ownership
- Tax Benefits of real estate
- Real Property Insurance
- Replacement vs. Actual cost
- Flood Insurance

Monday Nov 26, 2018
Chapter Four: Real Estate Agency
Monday Nov 26, 2018
Monday Nov 26, 2018
This audio lecture will cover:
- The Law of Agency
- Agency in Illinois ( Designated Agency)
- Important Agency Definitions
- Fiduciary( Client) Duties
- Residential Real Property Disclosure Report
- Misrepresentation, Fraud and Concealment
- Stigmatized Properties
- Customer Level Services
- Creation and Termination and Disclosure of Agency
- Types of Agency Relationships
- Dual Agency

Monday Nov 26, 2018
Chapter Five: Real Estate Brokerage
Monday Nov 26, 2018
Monday Nov 26, 2018
This Audio Lecture will cover:
- Types of Illinois real estate Licensees
- Sponsoring and Managing Brokers
- IRS Considerations : Independent Contractor vs. Employees
- Managing Broker Responsibilities
- The Policy and Procedure Manual
- Licensee Safety
- E and O Insurance
- Personal Assistants: Licensed and Un-licensed
- Broker Compensation and Commissions
- Procuring Cause
- Anti Trust and Consumer Protection Laws

Monday Nov 26, 2018
Chapter Six: Brokerage Agreements
Monday Nov 26, 2018
Monday Nov 26, 2018
This audio Lecture will cover:
- Various Types of Brokerage Agreements
- Statute of Frauds
- Types of Listing Agreements
- Net Listing Agreements
- The Listing Process
- The Listing Agreement
- Listing Agreement Issues
- Minimum Services
- Broker Protection Clauses
- Buyer Agency Agreements
- Termination of Broker Employment Agreements

Monday Nov 26, 2018
Chapter Seven: Interests in Real Estate
Monday Nov 26, 2018
Monday Nov 26, 2018
This Chapter audio lecture will cover:
- The Governmental Powers ( PETE)
- Estates In Land
- Freehold vs. Leasehold
- Fee simple Defeasible and Life Estates
- Legal Life Estates
- Encumbrances ( Liens, Easements, Restrictions)
- Types of Easements
- Creating and Terminating and Easements
- Riparian and V. Littoral Water rights
- Accretion, Erosion and Avulsion

Monday Nov 26, 2018
Chapter Eight: Forms of Ownership
Monday Nov 26, 2018
Monday Nov 26, 2018
This audio Lecture will cover:
- Ownership In SEveralty
- Co-Ownership
- Tenancy In Common, Joint Tenancy,and Tenancy by the Entirety
- Partition suit
- Community Property
- Land Trusts
- Ownership by Business Organization
- Condominiums and Cooperatives
- Time Share

Monday Nov 26, 2018
Chapter Nine: Legal Descriptions
Monday Nov 26, 2018
Monday Nov 26, 2018
This Chapter audio Lecture will cover:
- Methods of Describing Real Estate
- The Rectangular Survey System
- Townships
- Sections
- Legal Descriptions and Acerage
- Lot and Block System
- Surveys
- Datum

Monday Nov 26, 2018
Chapter Ten: Real Estate Taxes and Liens
Monday Nov 26, 2018
Monday Nov 26, 2018
This Chapter Audio Lecture will cover:
- Types of Liens
- Effects of Lines of Title
- Priority Of Liens
- Subordination
- Real Estate Tax Liens
- General "Ad Valorum" Property tax
- Special Assessments and SSA's
- Other Liens
- Mortgage Liens
- Mechanics Liens
- Judgments
- IRS Liens
- Estate and Inheritance Tax liens
- Corporate Franchise Tax Liens