Now that MLS has introduced the Residential Rental category to the MLS system, RIAR and the Rental Committee are pleased to announce classes on rental and property management. The Committee has worked very hard to offer a comprehensive package of classes designed to educate students on the many facets of the rental process. City ordinances, fire laws, leases, maintenance, accounting practices, are all covered in the outstanding program now being presented. The completion of the courses will lead to a Rhode Island Designation in Property Rental and/or Property Management.
Please Note: Attainment of Designation is not required to receive continuing education credits.
Classes Needed for RI Rental Designation
#400 Introduction to the Rental Process I
This course is designed to give the students the knowledge and skills necessary to take their customer/client from the beginning step of renting to the completion of the rental agreement. This will enable the licensee to better serve the client throughout the process of renting. Section 8 information will also be covered along with insurance information.
#401 Fire, Radon, Mold, Megan’s Law, State Regulations
This course will go over all the details related to Fire, Radon, Mold and introduce the reasoning behind Megan’s Law. This will provide valuable knowledge to the rental agent regarding the rules and regulations concerning fire code, radon standards and testing, and mold awareness and mitigation.
#402 Recordkeeping, Maintenance & Ordinances/Designated Rental Agent
This course will instruct the licensee with information necessary to maintain proper records and to stay current with ordinances and maintenance issues related to property rentals. The better organized the rental agent, the happier the clients. It is imperative that proper and current records be well-organized and kept current. Along with this issue, ordinances for all facets of rentals and maintenance issues will be taught.
#341 New Agency Law/Agency 101
Learn new ways to work with buyers, sellers, landlords and tenants! This class will take a “nuts and bolts” approach to help you learn the role of a transaction facilitator, transaction coordinator, designated client representative, and disclosed dual facilitator that are part of the new law. Find out how to use the mandatory disclosure forms and how to explain all of this to customers and clients. Learn about the agency law from the association that wrote it.
#24 Fair Housing
Using case studies you increase your knowledge of the Fair Housing Law, how the law is enforced, and how it affects landlord/tenant relationships, children, handicapped, etc., and the potential for liability that is the result of noncompliance.
#128 Lead Paint
Learn how you can deal with lead paint issues that affect the real estate transaction, legislations that activated the need for a lead paint law and current regulations; where lead paint is most commonly found and the health effects of lead paint, and the testing methods.
For the Property Management Designation all of the above classes must be completed in addition to:
#403 Property Management
Students who take this course will learn about maintaining property financial records, inspections, hiring contractors, the property contract, condo law, licensing and insurance and conflict resolution. This course will take the rental process and offer new tools for successful management of properties and keeping within the rules and regulations guiding this area.
Login to the RIAR/MLS Member Gateway and click on the Education Calendar button to view or register for these upcoming classes.