This 3 hour course is for the new licensee as part of their post license education requirement. In this course on risk management the class will explore the different types of misrepresentation that can occur and what the statutes in Virginia address regarding misrepresentation and disclosure requirements. The class will learn the risks of opinion verses fact and the principle of caveat emptor. Stigmatized properties and latent defects will also be covered in the class. Disclosure requirements in various areas will be discussed including agency, property disclosures, fair housing, antitrust laws, RESPA and environmental issues including mold and the Chesapeake Bay Preservation Act. The course will cover the importance of honest, truthful conduct and the need for written disclosures to inform, protect and reduce liability and will stress that licensees must understand that managing risk is not just for the licensees benefit but for the consumers benefit as well.

* Registration required.  

DAAR-1 - Classroom 1
DAAR-1 (Classroom 1)
21720 Red Rum Drive
Suite 177
Ashburn, VA 20147

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