CORE:  Real Estate Law Review and Update

Designed by the Real Estate Commission, the required "CORE" class covers the latest legal developments affecting licensed real estate professionals.  The Law Update covers the previous legislative sessions, including important details of the condominium recodification overhauling condominium property regimes in Hawai`i.  Given the percentage of condominium ownership in Hawai`i and the trend in the real estate market, real estate professionals will benefit greatly by learning about one of the state legislature's most significant legislative actions affecting real estate in recent history.  The course also addresses practical issues such as managing multiple offers, ethics, and 1031 exchanges.

Hot Real Estate Issues

Reflecting the ever-changing real estate market, this course covers the latest developments real estate professionals need to know to competently represent their clients and interests.  Currently, the course centers on the following developments that have or will soon have a lasting effect on the real estate market in Hawaii:  (1) a 2006 Hawaii Supreme Court decision regarding shoreline certification and setbacks; (2) the meltdown of the sub-prime mortgage market; and (3) latest trends with regard to inventory and price in both the residential and commercial markets; (4) current issues before the real estate commission including licensing requirements; and (5) the Housing and Urban Development testing program.

How to Invest in Real Estate

In this ever-changing marketplace, investors as well as agents in real estate must stay in tune with the latest trends not only in real estate, but also in finance, the general economy and other current events that could ultimately determine the success of one’s investment.  Investors and their agents must also keep abreast with other forms of investments like stocks, bonds, and businesses to make an educated investment choice.  This course will update students on the cutting-edge trends and hopefully give them an edge in formulating the best investment strategy.

Federal Laws that Affect Licensees

Although real estate professionals may not deal with these laws on a daily basis, the laws covered in this course have undoubtedly changed American society in such a way that real estate professionals can avoid legal liability by being aware of potential pitfalls that await them in the pursuit of their professional goals.  Federal laws and corresponding state codes like the Americans with Disabilities Act (ADA), the Civil Rights Act, and the Fair Housing Act carry stiff penalties for violators.  Real Estate professionals will do well by staying abreast on issues relating to sexual harassment, disability discrimination, and other civil rights violations.  Even a single violation of one of these laws can undo the work of even the most successful professional.  This course will impart practical strategies that will help real estate professionals avoid these legal landmines.

Homeowner’s Tax Strategies (Pending)

Recognizing the various tax consequences of the purchase and sale of real property, this course discusses the potential tax liabilities associated with purchasing or selling a home, as well as the potential tax benefits of holding real estate for business purposes.  Throughout the discussion, students will learn the best strategies to minimize tax liability.  As the tax codes constantly change, the course is periodically updated to reflect the latest changes in the law and changes that are on the horizon.

Hawaii Landlord/Tenant Code

Not to be missed for any property manager of residential real estate!  This course primarily covers the following areas of the landlord-tenant relationship:  advertising, screening, commencement of landlord-tenant relationship, communication, termination, and post-termination issues.  In addition to the Hawaii Landlord-Tenant Code, this course will cover Federal and State Fair Housing Laws, Negligence, and other laws that pose dangerous risks for property managers and owners.

Residential and Commercial Evictions

Focusing on the eviction process, this course examines the sometimes unpleasant but necessary process of removing tenants from properties for various reasons.  Recognizing the dichotomy between residential and commercial situations, both contract law (commercial) and the Hawaii Landlord-Tenant Code are covered by experienced professionals.  By being aware of the process and procedure of evictions, both commercial and residential landlords can place themselves in the best legal position possible in the event eviction becomes necessary and create leverage for property managers and owners.

Foreclosures, Agreements of Sale, and Short Sales

Officially entitled Foreclosure and the Role of the Commissioner, this session strives to convey to real estate agents a macro understanding of the foreclosure process to maximize opportunities for clients given the unfortunate rise in foreclosures.  Strategic considerations with respect to judicial and non-judicial foreclosures are also considered.  In keeping with the latest market trend, this course discusses alternative financing options to address the tightening credit situation facing borrowers. 

Investing in Real Estate and Market Update 2010-2011

This course provides general information on Hawaii's real estate and housing market, basic investment information including risks associated with investments in these areas. This course is not intended to serve as a substitute for appropriate counsel from licensed experts in fields relevant to this topic like attorneys, accountants, financial advisors, and others. For specific advice on individual situations, please consult with an appropriate  team of licensed experts.

"How to List and Sell Business Opportunities"
by Eddie Flores, Jr.
(Only a few copies left!)

To purchase please e-mail info@eddiefloresce.com.