The General Update (GENUP) Course is a four (4) hour course that must be completed by all provisional and non-provisional brokers who are not brokers-in-charge and/or do not have BIC-Eligible status and who wish to renew their licenses for the license year. Refer to Commission Rules 58A .1702 and 58A .1703 for a full explanation of brokers’ annual continuing education requirements and continuing education required for license activation. Brokers-in-charge and brokers with BIC-Eligible status must take the BICUP course each year to maintain BIC-Eligible status, as prescribed by Commission Rules 58A .1702 and 58A .0110. This four (4) hour course will include 210 minutes of classroom instruction and 30 minutes of breaks.

Introduction

All About Addenda is a course about – you guessed it! – the various standard form addenda to the 2-T Offer to Purchase and Contract (“2-T”). Although these forms do not address all additions that a buyer or seller may want to make part of the 2-T, they certainly address many of the most common issues.

Licensees typically have a solid working knowledge of the 2-T itself but, due to the fact that the various addenda are very much transaction-specific, may not be as familiar with these sometimes incredibly integral and important forms. This course is designed to change that disconnect.

*IMPORTANT DISCLAIMER: Nothing herein is or should be construed as legal advice. If you have a legal question, consult with a private attorney.

Learning Objectives for the Course

By the end of this course, you should be able to do the following:

• DEFINE the differences between amendments to a contract vs. addenda to a contract;
• DIFFERENTIATE between the various standard form addenda to the 2-T;
• ANALYZE particularly noteworthy standard form addenda to better understand their provisions and ensure proper completion;
• APPLY your knowledge by answering specific questions regarding the standard form addenda; and;
• SYNETHESIZE your knowledge by completing an exercises involving the 2-T , including incorporating several standard form addenda, based on a specific set of facts.

The Broker-in-Charge Update (BICUP) Course is a four (4) hour course that must be completed by all brokers-in-charge and brokers who have BIC-Eligible status and who wish to renew their licenses for the license year. Brokers-in-charge and brokers with BIC-Eligible status must take the BICUP course each year to satisfy the Update course requirement and to maintain BIC-Eligible status, as prescribed by Commission Rules 58A .1702. and 58A .0110. This four (4) hour course will include 210 minutes of classroom instruction and 30 minutes of breaks.

Introduction

All About Addenda is a course about – you guessed it! – the various standard form addenda to the 2-T Offer to Purchase and Contract (“2-T”). Although these forms do not address all additions that a buyer or seller may want to make part of the 2-T, they certainly address many of the most common issues.

Licensees typically have a solid working knowledge of the 2-T itself but, due to the fact that the various addenda are very much transaction-specific, may not be as familiar with these sometimes incredibly integral and important forms. This course is designed to change that disconnect.

*IMPORTANT DISCLAIMER: Nothing herein is or should be construed as legal advice. If you have a legal question, consult with a private attorney.

Learning Objectives for the Course

By the end of this course, you should be able to do the following:

• DEFINE the differences between amendments to a contract vs. addenda to a contract;
• DIFFERENTIATE between the various standard form addenda to the 2-T;
• ANALYZE particularly noteworthy standard form addenda to better understand their provisions and ensure proper completion;
• APPLY your knowledge by answering specific questions regarding the standard form addenda; and;
• SYNETHESIZE your knowledge by completing an exercises involving the 2-T , including incorporating several standard form addenda, based on a specific set of facts.

The General Update (GENUP) Course is a four (4) hour course that must be completed by all provisional and non-provisional brokers who are not brokers-in-charge and/or do not have BIC-Eligible status and who wish to renew their licenses for the license year. Refer to Commission Rules 58A .1702 and 58A .1703 for a full explanation of brokers’ annual continuing education requirements and continuing education required for license activation. Brokers-in-charge and brokers with BIC-Eligible status must take the BICUP course each year to maintain BIC-Eligible status, as prescribed by Commission Rules 58A .1702 and 58A .0110. This four (4) hour course will include 210 minutes of classroom instruction and 30 minutes of breaks.