This course covers major environmental hazards. Licensees need to familiarize themselves with environmental issues because they have a responsibility to disclose to buyers any information that might affect their decision to buy. Environmental hazards can dramatically affect a property’s value, so buyers, sellers, lenders and licensees all can be affected by them. This course includes the following lessons:
• Indoor Environment
• External Environment
• Disclosure and Site Assessment
• Real Estate Practice
Students learn throughout this course to identify internal and external environmental issues. They learn about health hazards, environmental legislation, liability and responsibility for cleanup and protection. They also learn about actions they should take and how issues affect licensees and lending. Licensees are not expected to be environmental experts, but in this course students acquire a competency with environmental issues which will help them to elucidate issues for buyers, sellers and lenders. Knowledge of environmental issues also help protect them from charges of nondisclosure.
The conclusion of this course presents real world dilemmas and applications of the information presented. As the student completes this course, he or she should try to paint a big picture of environmental issues, which the course will address with comprehensive content questions, practices and case studies.
- Course Delivery Online Interactive
- Credit Hours 4 hours
- Credit Type Consumer Protection
- Skill level All levels
- Language English
- Maximum students 1000
Upon completion of this course, the student will be able to:
• Identify recent laws that have an impact on environmental issues, including lead-based paint disclosure laws.
• State the procedures used to locate toxic waste sites, the responsibilities for clean-up, and steps that may be taken to minimize future liabilities.
• Describe the nature of major air pollutants and the remedies that may be applied to minimize their effects.
• Identify sources of human exposure to PCBs and health effects seen in humans exposed to PCBs.
• Outline landowners’ responsibility for the protection of wetlands areas on their property.
• Identify the issues landowners and developers face regarding endangered-species protection.
• Recall the nature of Electromagnetic Fields (EMFs) and the possible need for testing in areas where these are present.
• Describe the major provisions of the Small Business Liability Relief and Brownfields Revitalization Act.
• Outline the current status of environmental laws and their effect on property insurance and mortgage lending.