COURSE IS BASED ON THE NEW 2010 CA-RPA RELEASED ON APRIL 28th, 2010
Course Length: 4 Hours
CE Credit: Consumer Protection
You will have up to ONE (1) year from the date of purchase to access and complete this course.
After your purchase is complete, you may access your Online Education course(s) by visiting http://www. onlineed.com/car
This course is designed to instruct the student on the entire revised C.A.R. California Residential Purchase Agreement and Joint Escrow Instructions (RPA-CA) and related addenda. The new purchase agreement and related addenda contain the essential terms for the formation of a real estate contract in the state of California.
During the course, the student will come to understand how to use the multi-functional RPA-CA as:
- An offer to purchase real property
- A completed contract when it is signed by the buyer and seller and communication of the acceptance is received;
- Joint escrow instructions;
- A mediation agreement;
- A confirmation of the agency relationships; and
- An irrevocable assignment of compensation to brokers
This course is composed of approximately 82 pages of text, divided into 8 chapters. At the end of the course, a final examination is required. The final examination consists of 20 questions and is open book. The questions may be in either in a true/false, multiple choice or fill in the blank format. A test score of 70% or greater is required for course completion. The final exam must be completed in 40 minutes. All unanswered questions at the end of the 40 minute period will be graded as incorrect. The final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after the final examination has been completed. The final exam test results will not be displayed to the student.
DRE Disclaimer Statement
This course is approved for continuing education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.