Advanced Paralegal: Real Property Law

About this course

Learning objectives

At the conclusion of this course, students should be able to:

• Identify the historical basis for common law property.
• Define the names and effects of different estates in land.
• State the use of contract in conveying property.
• List land descriptions.
• Define the concepts of law and equity.
• Explain the licensing of real estate brokers and sales personnel.
• Associate contracts to lists real property.
• Recognize multiple listing services.
• Discuss the duties of an agent to his principal.
• Interpret a contract for the sale of land in terms of quantity, title, and location.
• Determine the meaning of “Time is of the Essence.”
• Draft a timeline leading to the closing of the transaction.
• Recognize the role of various parties in a multiple ownership conveyance.
• Distinguish title from possession and state how each applies to this transaction.
• Examine a deed for proper form and language.
• Discuss the difference between a quitclaim, limited warranty deed and general warranty deed.
• Interpret a legal description of the property conveyed.
• Assess delivery of a deed and determine the instrument is properly delivered.
• Identify the terminology for the recording of deeds, and how to record an instrument with the governmental office of land documents.
• Summarize a title search in the recorder of deed’s office for a specific parcel of land.
• Distinguish between race statutes, notice statutes, and race-notice statutes.
• Describe the process of filing, recording and indexing a document.
• Explain the concept of inquiry notice.
• Summarize the provisions and exceptions to the typical title insurance policy.
• Distinguish a mortgage from contract for deed, lease-purchase, and other financing substitutes.
• Assess the recording of mortgages.
• Summarize the concept of foreclosure, and foreclosure statutes within his/her states.
• Explain moratory legislation and curative acts.
• Determine priorities of various mortgage creditors on a piece of property.

Continuing Education Information

This is an accelerated course. You will be expected to spend an average of at least 8 hours per week reading and completing assignments. Please note that extensions will not be granted for this online course. This course is the equivalent of at least 45 clock hours of study. 70% is the minimum passing score on all tests and assignments for this course.