The 25 hour Community Association Manager Pre-license course shall include classroom lectures, student participation, exercises inside and outside the classroom and graded homework assignments.  The course shall cover all the basics of community association management, financing, condominium management, homeowner and property owner associations, board meetings, insurance, fair housing laws, Georgia specific real estate laws and Georgia state license laws.  Successful completion of this course will allow the student to apply for the Georgia state exam for licensure as a Community Association Manager.

For those already licensed, this course also qualifies for 25 of the 36 hour continuing education requirement for licensees during the license renewal period.

All classes shall be broken into one and one half hour segments with a fifteen minute break in between.  All classes are taught to mastery and a final examination administered by the school must be passed prior to course certification.

Class # 1   Georgia Real Estate Commission License Law– 3 Hours

• The Georgia Real Estate Commission O.C.G.A. Title 43 Chapter 40
  • The Georgia Real Estate Commission
  • The Real Estate Commissioner
  • GREC and the Public
• Georgia Real Estate Commission Licensure and Brokerage Rule 520-1
  • When is a license required?
  • Exceptions to Licensure
  • Exceptions to Exceptions
  • License Categories
• Georgia Licensure GREC InfoBase Chapter 2 and 3
  • Broker Supervisory Responsibilities
  • Licensed and Unlicensed Assistants
  • Moving to a Different Brokerage
  • Licensees Acting as Principals
  • Non-resident Licensees
• Getting a License in Georgia
  • List the categories of Licenses
  • Non-Resident Licenses
  • Obtaining Licenses
• Maintaining a License
  • Renewal Period
  • Inactive Licenses
  • Lapsed Licenses
• Real Estate Commission Sanctions
  • Refusal, Suspension or Revocation
  • Disciplinary Actions
  • Investigations and Hearings
  • Real Estate Education and Recovery Fund

Class # 2   Agency – 1.5 Hours

• Introduction to Real Estate Agency
  • Law of Agency
  • Creation of Agency
• Types of Agency Relationships
  • Single
  • Dual
  • Designated
  • Universal
  • Costumer-Level Services vs. Client Level Services
  • Termination of Agency

Class # 3 Brokerage Relationships in Real Estate Transaction Act (BRRETA) – Rule 520-1-.06 – 1.5 Hours

• Brokerage and Management Engagements
  • Prior to Entering a Brokerage Engagement
  • Confidentiality
  • Disclosure of Relationships
  • Broker Duties
  • Ministerial Acts

Class # 4 36 Unfair Trade Practices O.C.G.A. 43-40-25(B) – 1.5 Hours

• List and give examples of the 36 Unfair Trade Practices

Class # 5 Forms of Real Estate Ownership – 1.5 Hours

• Forms of Real Estate Ownership
• Leasehold Estates
• Specialized Housing
  • Town Houses
  • Manufactured Housing
  • Subsidized Housing
• Community Interest Ownership Associations
  • Condominiums
  • Cooperatives
  • Time Shares
  • Community Associations

Class # 6   Owner Relations – 1.5 Hours

• Ethics in Management
• Types of Relationships
  • Fiduciary Duties
  • The Management Agreement
  • Manager Responsibilities
  • Transfer Agreement
  • Management Compensation

Class # 7 Homeowner Associations – 3 Hours

• Homeowner’s Associations
  • Georgia Law of Corporations
• Property Owner’s Associations
  • The Georgia Property Owner’s Association Act
• Condominiums
  • The Georgia Condominium Act
  • Creations of a Condominium
  • Condominium Associations
• Timeshares

Class # 8   Master Association Relationships– 3 Hours

• Board of Directors
  • Board of Directors Duties
  • Association Offices – Duties
  • Role of CAM in Associations
  • Board Meetings

Class # 9   Managing the Office and Reports – 1.5 Hours

• Financial Analysis
  • Budget Vocabulary
• Community Association Accounting
  • Community Association Taxes
  • Resale Certificates
  • Accounting for Lender Recertification
  • Documents Required for Recertification

Class # 10 Real Estate Instruments and Conveyances– 1.5 Hours

• Notices
• Proxies
• GSA and POAA Liens
  • HOA Liens
  • Collections
• Amendments to Governing Documents

Class # 11 Managing Trust Accounts and Trust Funds Rule 520-1-.08 – 1.5 Hours

• Setting up a Designated Trust or Escrow Account
  • Accounting Requirements
  • No Commingling
• Managing a Real Estate Trust Account
  • Licensee’s Responsibilities
  • Disbursements
  • Trust Accounts for Property Management or Association Management
• Examinations of Trust Accounts
  • Monthly Reconciliation of Trust Accounts
• Trust Account Requirements for non-Broker Licensee Owned Property

Class # 12 Advertising – 1 Hour

• General Rules
• Internet Advertising
• Trade Names
• Licensee’s Acting as Principals
• Class # 13 Federal and State Laws – 1 Hour
• Antitrust laws
  • Public Rights and limitations
  • Sherman Anti-Trust Act
  • Protected Class Exemptions
• HUD
  • Stigmatized Property
  • Federal Fair Housing Laws
• Americans with Disabilities Act (ADA)
• Equal Credit Opportunity Act
• Fair Credit Reporting Act (FCRA)
• Megan’s Law
• Sexual Harassment
• Lead-Based Paint Hazard Reduction Act (LBPHRA)
• Uniform Residential Landlord and Tenant Act
• Telecommunications Laws

Class #14 Maintenance and Construction – .5 Hour

• Types of Maintenance
• ADA Compliance

Class # 15 Risk and Environmental Issues – 1 Hour

• Handling violations of covenants
• Insurance as a Method of Risk Reduction
  • Hazard Insurance
  • Flood Insurance
  • Commercial Liability Insurance
  • Directors and Officer’s Insurance
  • Fidelity Insurance
  • Property Insurance
  • Other Insurance

Class # 16   Safety Issues – .5 Hour

• Managing Life Safety and Security
  • Emergency Equipment and Technology
  • Role of Personnel in Life Safety
• Management Procedures Managing Criminal Activity Issues

Final Examination, 4 Hours