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New Brunswick Real Estate Association -
Courses
Agency Fundamentals
Risk Management Strategies for Errors and Omissions Insurance
Agency Fundamentals $180.00
+ GST
Course Description
Agency Fundamentals is a national training course offered to real estate practitioners in common law
jurisdictions throughout Canada (i.e., excluding Quebec which operates under civil law). This material
represents a concerted effort to consolidate agency knowledge in the interest of standardized practices and
heightened awareness of agency principles. Agency relationships are vital to the listing and selling of all
Canadian real estate. The Alliance for Canadian Real Estate Education is pleased to offer this course, as
part of its ongoing mandate to advance professionalism through excellence in education products.
The Agency Fundamentals course highlights the sound principles for those committed to
excellence in agency practices. There are four sessions: (1) Agency Relationships, (2) Agency Practices,
(3) Agency Disclosure and (4) Remuneration, Breaches and Termination.
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Risk Management Strategies for Errors and
Omissions Insurance $250 + GST
Course Description
The real estate profession, as a result of provincial statutory requirements, makes it mandatory for
all real estate salespeople and their brokers to participate in their respective provincial errors and
omissions (E & O) insurance program. The purpose of this course is to:
- Understand terms used in errors and omissions insurance policies
- Describe how deductibles are applied and know their limits
- Understand the test for negligence or negligent misrepresentation
- Protect buyer and seller client’s interests by applying the standard of due care
- Outline the key reasons for claims being made against the insurance policies
- Implement personal key strategies to prevent claims from occurring
Please contact the New Brunswick Real Estate Association (NBREA)
directly to register for these courses at 506-459-8055/1-800-762-1677.
Please note these courses must be completed within 30 days of the course start date.
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