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





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