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Disclosure in Real Estate ADRE Course No. ____ - 3 credit hours in Disclosure by Nori Muster Objectives: Review all the disclosure issues in real estate, with a focus on the SPDS document and stigmatized property laws. Length Topic Objective Teaching Method 5 Introductions 25 Overview Survey of disclosure issues in real estate Lecture, discussion Overhead projector materials, "The Many Facets of Disclosure in Real Estate." 20 Further Discussion Case stories of disclosure, examples Class participation 10 Break 15 The SPDS Review the purpose and use of the SPDS Lecture, discussion Overhead projector materials: examples of filled out SPDS forms. 15 Hands on SPDS Students practice filling out the SPDS Student activity Overhead projector shows the SPDS form; class members participate in filling it out according to a scenario the teacher or class members suggest. 20 Gray Areas Learn what should be disclosed on the SPDS Lecture, discussion If the class is large enough, students will break into small discussion groups for 15 minutes. 10 SPDS Review Groups report or instructor summarizes discussion Class participation 10 Break 25 Confidentiality Review the items an agent cannot disclose Lecture, discussion Overhead projector materials: "Stigmatized Property Laws and Issues Sellers Do Not Have to Disclose." 10 Review Summarize the rules of disclosure Lecture, discussion Overhead projector materials: "Consequences for Ignoring Disclosure Issues." 10 Question and Answer Session Group questions 10 Evaluations Evaluate course Student activity The course materials are posted at http://classes.norimuster.com/disclosure.html |