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AL Risk Management New

Course Description

This required course addresses the delicate balancing act of risk management by guiding students through the liability pitfalls that agents face in sales transactions and daily practices, beginning with common property disclosure issues such as caveat emptor, home inspections, misrepresentation, and the seller’s disclosure statement. Next is a review of Alabama License Law, penalties, and the proper way to handle earnest money. Students will then examine agency relationships and RECAD. The course analyzes contract elements and contract do’s and don’ts. The final lesson provides an overview of antitrust, fair housing laws, and illegal practices.

Content Outline
Property Disclosures and Caveat Emptor
Seller’s Disclosure Statement
Alabama License Law
Agency and RECAD
Antitrust and Fair Housing.



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