intermediate

U.3 — 8-topic bundle

Comprehensive AI-generated study curriculum with 2 detailed note modules.

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Course Syllabus

  1. Introduction to the Sitzer/Burnett Case and its Impact
  2. The Real Estate Consumer Protection Enhancement Act (CPEA)
  3. Changes to Cooperative Compensation and MLS Practices
  4. Mandatory Written Brokerage Service Agreements (BSAs)
  5. Designated Agency and Fiduciary Duties
  6. Updated Consumer Information Statement (CIS) and Open House Disclosures
  7. Mandatory Property Condition Disclosure Form ('Seller's Disclosure')
  8. Ongoing Licensee Obligations and Continuing Education

Study Notes

The Real Estate Consumer Protection Enhancement Act (CPEA)

The Real Estate Consumer Protection Enhancement Act (CPEA) significantly updates existing real estate laws to better safeguard consumers. It focuses on several key areas, primarily increasing disclosure requirements, strengthening penalties for misconduct, and enhancing oversight of real estate professionals. Essentially, it closes loopholes and beefs up protections that might have been insufficient before.

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