Book a class with us.

Our core values have led us to appreciate learning and education. Our team members spend a lot of time and effort on learning so that they may fulfill their potential. We consider it an honor and a privilege to share our knowledge with our community.

Legacy is accredited through CE Marketplace to teach Continuing Education and Continuing Legal Education for Michigan Realtors.

Our most common classes are listed below. Our in house legal counsel or another member of our leadership team would be happy to coordinate education around other real estate topics as well!

1 Hour Classes

  • Title Mastermind - Everything you need to know about title insurance to help you navigate a real estate closing.

  • Life of a Real Estate Closing - Purchase agreement to closing and beyond. Learn what to expect and what to prepare for to have a successful closing.

  • Land Contracts - The basics of land contract transactions.

  • Reading CD’s, Statements, and Commitments - How to read a closing disclosure (as a realtor), settlement statements and commitments. Emphasis will be placed on the useful information to be found in these documents and best practices for smooth closings.

  • Capital Gains Taxes - An overview of how capital gains taxes work in a real estate closing. We cover when/how they are paid and calculated, what documents at closing affect the process and how 1031 Exchanges and Foreign Investment in Real Property Tax Act (FIRPTA) fit into the deal

  • Real Estate Investment Transactions - Learn about a few styles of real estate transactions commonly used for investment purposes such as “Wholesale” or Assignment Deals, “Subject-to-Transactions”, “Double Closings”, and Private Lending.

  • Companies, Trusts and Estates as Sellers - Discuss what type of signing authority may be required for these types of transactions.

2 Hour Michigan Realtor Continuing Legal Education Courses

  • Land Contracts - Participants will learn how to navigate land contract transactions. We will discuss the legal and practical aspect of these transactions. A heavy emphasis will be placed on the documents and terms used.

  • Mortgage Assumptions and Subject -To Deals - Participants will learn what types of mortgages are assumable with novations, how we can use mortgage assumptions to help our clients and what we can do when mortgages aren’t assumable with novations.

  • Closing Document Deep Dive - Identify the purpose and need for specific documents and understand the legal affect for signors and common challenges and errors and how they can be prevented and overcome

  • Real Estate Transactions with Entities - Identify situations where a property may be held in an entity (Trust, Estates and Companies), learn more about those entities, and what documentation will be required to evidence ownership and/or provide signing authority.

  • Quiet Title Actions - Participants will understand the basics of what a Quiet Title Action is and how they can be used to clear title issues. Participants will also learn when quiet title actions are a good solution, and when there may be better solutions that better fit the situation.

  • RESPA Rundown - Develop a strong understanding of the Real Estate Settlement Procedures Act and how it affects realtors and consumers. The discussion will include affiliated business and marketing service agreement regulations.

  • Taxes In Real Estate Transactions - Develop a strong understanding of the taxes paid during a real estate transaction. We will learn about the methods of proration of property taxes, as well as the method of paying and assessing transfer tax, and how capital gains taxes are assessed and paid (we will understand how 1031 exchanges and FIRPTA affects the closing process as well).

  • Detecting and Preventing Fraud in Real Estate Transactions - Participants will learn about the current methods fraudsters are using to steal money and real estate. We will cover best practices and legal ramifications to fraud and attempted fraud.

  • FIRPTA In Real Estate Transactions - This class is intended for all knowledge levels and will begin with a thorough review/training on capital gains taxes before moving into the intricacies of what and when FIRPTA withholdings will need to be made and addressed along with a practical approach on how to counsel both buyers and sellers through a transaction.

  • Lady Bird Deeds, Tenancy and Real Estate Interest Basics - This class will provide an in depth exploration of Lady Bird Deeds (in addition to other deeds and fees) and Tenancy in Michigan. We will provide ample resources to help our clients make informed decisions about property ownership.

Book a class with us.

It all begins with an idea. Send us a quick message if you are looking to attend a class or would like us to come teach a class that you are hosting.