The Alabama Real Estate Commission has approved Alabama Real Estate Institute to teach Real Estate Consumer's Agency & Disclosure Act (RECAD) in every city in Alabama as a class-room course, and/or via the Internet, or by delivery in the form of CD ROM. RECAD is a Commission approved 3-hour (class-room hours) continuing education (CE) elective course that is part of the 15-hours CE credits required for real estate agents to renew their license both as a salesperson or broker.

Placed into Alabama Law by the legislature and enforced by the Alabama Real Estate Commission, beginning October 1, 1996 and following thereafter, every Alabama licensed real estate salesperson must disclose at the earliest possiblity, to all consumer's inquiring about the purchase, sale, rent or trade of real estate, the representation options available to the consumer, by an real estae agency. This process is commonly referred to as "RECAD", or "RECADing." This course is one of, if not the most misunderstood laws governing the practice of the professional real estate agents.

  Learning Objectives

At the conclusion of the course the student will be able to:

• Understand the roles and duties of licensees.
• Understand the Agency/Brokerage Services Disclosure and the agency/broker office policy.
• Thoroughly understand the obligations of all licensees.
• Be able to explain the required services and consequences involving misrepresentation.
• Distinguish the four brokerage options: (Single Agency, Subagency, Transaction Broker, and Limited Consensual dual agency).
• Evaluate the agent's fiduciary duties and the licensee's obligations to all parties.
• Differentiate between clients and customers.
• Be able to explain disclosure, caveat emptor and discloseure of defects.
• Evaluate the liabilities of all parties involved in a transaction.
• Tell the Chronology of RECAD, and what caused RECAD to become law.

Learning Strategies

• We encourage classroom participation to ensure a more complete understanding of the subject matter.
• Dividing the class into work groups for discussing and answering quizzes; then the correct answers are given to the entire class.
• Each segment begins with a quiz to allow the student to realize their knowledge base of the topic being discussed.
• PowerPoint presentations are used to capture and hold the students attention, create more excitement and enthusiasm, and make the learning process more retainable.
• Handouts, examples, illustrations, and pertinent information are given to each student for future reference.

To Register for the Online/CD ROM courses click on the title. To register for Campus classes complete the following.