20
May
-
03
Jun
2024

Applied Real Estate Law

FROM
100
266
14 CPD Points
Duration:
14
HOURS
Language:
English
Stylianos Trillides
Apply now
description

COURSE DESCRIPTION

This is an online seminar and is funded by the HRDA.


Aims of the seminar:

The course focuses on providing comprehensive knowledge and developing practical skills related to real estate agency and the legal aspects of the industry. Participants will learn about the promotion of real estate agents according to the law, the role of the law of agency in real estate, and the different types of agencies. The course will also cover Cyprus regulations on real estate agent licensing and agency services agreements. Participants will gain insights into agency relationships, risks after termination, confidentiality, conflict of interest, listing contracts, negotiating offers, buyer representation, contract of sale, contract termination, and more. Additionally, the course will explore  liabilities of real estate agents and brokerages, and practical considerations for transactions such as leases and property auctions.

Why this seminar is important for you?

Comprehensive Knowledge: Attending this course will provide participants with in-depth knowledge of the legal aspects of real estate agency, enabling them to navigate the industry with confidence and compliance.

Professional Development: By participating in this course, individuals can enhance their professional skills and stay updated with the latest regulations and best practices in the real estate sector.

Risk Mitigation: Participants will learn how to identify and mitigate risks associated with agency relationships, termination, confidentiality, conflict of interest, and other areas, safeguarding themselves and their clients.

Client Representation: Participants will gain the skills necessary to act on behalf of buyers and provide them with expert guidance, ensuring their interests are protected throughout the real estate transaction process.

Risk Mitigation in Transactions: Participants will learn practical tools and techniques to mitigate risks in complex or risky transactions, ensuring smoother processes and minimizing potential legal issues.

Professional Ethics: The course emphasizes the importance of professional ethics, confidentiality, and maintaining high standards in the real estate industry, fostering trust and credibility among clients and peers.

Aimed at:  

The above course is designed for individuals who are interested in or already involved in the real estate industry, specifically in real estate agency. The course would be beneficial for:

1. Real Estate Agents: Both new and experienced real estate agents can attend the course to enhance their knowledge, stay updated with regulations, and improve their professional skills in representing clients and conducting real estate transactions.

2. Real Estate Brokers: Brokers responsible for managing and overseeing real estate agents can attend the course to ensure their agents are well-informed about legal aspects, compliance requirements, and best practices in the industry.

3. Real Estate Professionals: Professionals working in related fields, such as property management, real estate investment, or real estate law, can benefit from the course by gaining a comprehensive understanding of real estate agency regulations and legal considerations.

4. Aspiring Real Estate Agents: Individuals who are considering a career in real estate agency can attend the course to acquire foundational knowledge and skills required for success in the industry. It can serve as a valuable starting point for their professional development.

5. Legal Professionals: Lawyers specializing in real estate law or providing legal advice to clients involved in real estate transactions can attend the course to gain insights into the practical aspects of real estate agency and better understand the challenges faced by agents and brokers.

7. Property Managers: Individuals involved in property management can benefit from the course by understanding the legal aspects of agency relationships, lease agreements, and the protection of clients' interests.

8. Investors and Property Buyers/Sellers: Individuals who are involved in buying, selling, or investing in real estate can attend the course to gain a deeper understanding of the legal aspects of real estate agency, enabling them to make more informed decisions and protect their interests during transactions.

Overall, the course is suitable for anyone seeking to expand their knowledge and skills in real estate agency and navigate the industry with a strong legal foundation.

 

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CONTENT

course content

Dates and times

20/05: 16:00 – 18:00

22/05: 16:00 – 18:00

24/05: 16:00 – 18:00

27/05: 16:00 – 18:00

29/05: 16:00 – 18:00

31/05: 16:00 – 18:00

03/06: 16:00 – 18:00

Course content

Content:

UNIT 1: Leasing property

 

·        Ice breaker

·        What is the difference between leasing and licensing?

·        When should a lease be registered?

·        Practical tips regarding what terms should be included in a lease agreement

·        How best to protect your client from scrupulous tenants.

·        Creating your own checklist for tenancies of clients’ properties.

·        When is the Law 1983 (N. 23/1983) engaged– statutory tenancies?

·        How to protect your client from the engagement of protections afforded to statutory tenants.

·        Advising your client on the practical steps when they are buying a property containing a statutory tenant.

 

 

UNIT 2: The Legal Relationship: Agency

 

·        Promotion of Real estate agents according to the law and possible offences.

·        Understanding the role of the law of agency to the job of a real estate agent.

·        The different types of agencies –Designated Agency and brokerage agency

·        The Cyprus regulations on real estateagent licensing – what to watch out for.

·        The Agency services are written agreements– practical tips on drafting this agreement.

·        What should be included in the agency services agreement?

·        Agency by way of an implied agreement?

·        Discussion agency and representation with a consumer.

·        How is an agency relationship created? –orally or in writing.

·        How is an agency relationship terminated?

·        Risks to be aware of after termination

·        The fiduciary obligation of loyalty (using case scenarios)

·        Practical steps to avoid liability arising from the duty of confidentiality (using case scenarios)

·        Practical steps

UNIT 3: Acting for the seller

 

·        The listing contract – what role does it play

·        What should the listing contract include?

·        Discussing comparable listings and sales with the seller

·        Agreeing to remuneration according to the law – Practical considerations to take into account.

·        Best practice: discussing the options for dealing with offers

·        The steps you should take before listing a property – listing checklist.

·        Showing a property – your agency responsibilities

·        How to effectively manage offers on the listed property.

·        Presenting an offer and negotiating a counteroffer on behalf of the seller.

·        Avoiding conflicts of interest between multiple clients.

 

UNIT 4: Acting for the Buyer

 

·        Who can act on behalf of a buyer?

·        Establishing buyer requirements

·        Practical consideration for agreements with buyers (confirming buyer engagement of agency).

·        Sourcing properties that meet the buyer’s requirements

·        Practical tips on negotiating the purchase of property on behalf of the buyer.

·        Completing property investigation on a potential purchase of land.

·        The acquisition of property in Cyprus by 3RD party nationals – practical steps you must take.

·        Monitoring the completion of the sale.

 

UNIT 5: The Contract of Sale‍

 

·        The purpose of the contract of sale.

·        Understanding the terms of the standard contract of sale.

·        Your role as an agent in the drafting of a contract of sale

·        Practical steps to consider and or complete prior to the contract of sale.

·        The essentials of a binding contract

·        The differences between void, voidable and unenforceable contracts

·        Ways in which the contract can be terminated

·        The technical requirements of a contract of sale.

·        How to waive a condition precedent from a contract of sale.

·        Assignment of the contract of sale.

·        Best practice – retention of documentation and records that should be kept.

 

UNIT 6: Sale of property under auction

 

·        Important considerations in the sale of property under auction

·        The legal framework to consider

·        How does the process of selling mortgaged property start?

·        The real estate agent’s role in buying property under an auction process.

·        What are the main considerations that the real estate agent must consider in deciding if the property is appropriate for their client

·        Practical implications for the real estate agent concerning their liability and representations made during the procedure for buying auctioned property.

·        Advising clients as to the valuation of the property under auction

suitable for

This course is suitable for:

  • Lawyers and legal professionals
  • Real estate agents
  • Assistant real estate agents
COURSE PREVIEW

HAVE A LOOK
INSIDE THE COURSE

details

course details

Methodology

Live sessions - online via Zoom

Interactive lecture with PowerPoint presentation

Case study and analysis and group discussion

Practical exercises to apply legal concepts in real-world scenarios

Q&A sessions for in-depth understanding

Funding

This course is funded by the HRDA.

Unemployed participants may avail themselves of the funding where certain criteria are met. For more information, please contact us at 7008 8871.

Admission Requirements

  • Lawyers and legal professionals
  • Real estate agents
  • Assistant real estate agents

Who is this aimed at

This course is suitable for:

  • Lawyers and legal professionals
  • Real estate agents
  • Assistant real estate agents

Certificate Awarded

A Training Certificate will be awarded to those participants who will successfully complete the training.

Coming Soon

More details about this course will be uploaded soon.

INSTRUCTOR

MEET YOUR INSTRUCTOR

Stylianos Trillides

Mr. Tirilides is a lawyer based in Limassol, Cyprus. Member of the Cyprus Bar since 2012 and Manager of a CySEC-regulated Administrative Services firm.

Part-time University Lecturer in Law, leading courses in Banking, Finance and Financial Regulation and HRDA-certified trainer. President of the Board of the Association of International Tax Consultants (AITC) based in Switzerland.

MORE ABOUT INSTRUCTOR
COLLABORATORS

ADDITIONAL INSTRUCTORs

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frequently asked
questions

QUESTION 01

Do I need to be registered on the ERMIS Portal?

Yes, if you are registering for a course that is HRDA accredited, all participants (either receiving funding or not) will have to access and register as natural persons on the ERMIS Portal. If you are receiving funding and you are being registered for continuous professional/vocational training by your employer, your employer should also be registered with the ERMIS platform as a legal person. Contact us if you have any difficulty registering as a natural person or a legal person.

QUESTION 02

Will I receive a certificate at the end of the training?

Yes, you will receive a Certificate of Attendance from ELTRC or the relevant awarding body.

QUESTION 03

Do you have terms and conditions for seminar attendance?

Yes. You may find our terms and conditions here.

QUESTION 04

Will I receive the notes for the lesson and have access to recordings?

Yes, you will be given the course materials through an online platform and you will be allowed to download and keep the course materials and specimens for certain courses. Recordings will also be available in the drive for three months.

testimonials

testimonials for this course

The following testimonials are from other professionalis who have attended this course.

Melanthi Nicolaou
Operations and Sales Manager
March 14, 2024
A seminar that over its course went through the relevant matter thoroughly. The speaker was well prepared and he is well aware of the matter. He guided constructive conversations amongst the participants also.
patrycja mikulska
Head of corporate
March 12, 2024
Dear ELTC Team, I wanted to take a moment to express my gratitude for the fantastic Applied Real Estate Law seminar you organized and I had the pleasure of attending The seminar was an incredibly enriching experience for me. The diverse range of issues covered provided valuable insights that I can apply in both my personal and professional life. I was particularly impressed by the caliber of the speaker, who shared his expertise with clarity. Attending the seminar has truly expanded my knowledge. I feel more confident in tackling challenges and embracing opportunities in real estate market. I would highly recommend this seminar to anyone seeking to enhance their professional development in real estate sector in Cyprus. Once again, thank you to the organizers, speaker, and staff who made this seminar possible. Your hard work and dedication are greatly appreciated.

frequently asked
questions

Do all of your courses offer verified CPD points?

This programme may be approved for CPD Points. Eligibility criteria and CPD Points are verified directly by your association, regulator or other bodies which you hold membership.

Do you only have seminars for lawyers?

No, we are consistently updating our seminar library. We offer courses to paralegals, corporate administrators, accountants, compliance officers etc. The law is all-encompassing, and many professionals find the contents of our courses useful for their work. We also offer courses to people who are unemployed or looking to change professions. You should contact us to discuss which courses are right for you depending on your experience and professional goals.

Can I download course notes and materials?

No, course notes and materials are not available for download. We take the security and integrity of our course content seriously, and access to course materials is restricted to registered participants who are actively enrolled in our programs. This policy helps protect our intellectual property and ensures a high-quality learning experience for all students.

Will I receive a certificate at the end of the training?

Yes, you will receive a Certificate of Attendance from ELTRC or the relevant awarding body.

Do I have to be a lawyer to attend your seminars?

No, you do not have to be a lawyer to attend our seminars. However, if the course is HRDA accredited, we must review your CV to ensure that you are able to attend the course that has been accredited.

Do I need to be registered on the ERMIS Portal?

Yes, if you are registering for a course that is HRDA accredited, all participants (either receiving funding or not) will have to access and register as natural persons on the ERMIS Portal. If you are receiving funding and you are being registered for continuous professional/vocational training by your employer, your employer should also be registered with the ERMIS platform as a legal person. Contact us if you have any difficulty registering as a natural person or a legal person.

Do you have terms and conditions for seminar attendance?

Yes. You may find our terms and conditions here

How does course funding work?

Every employer in Cyprus is obliged by law to contribute 0,5% of their total payroll costs to the fund (the law allows to set up a rate of up to 1%). The rate is the same for all contributors (all companies except government organisations and self-employed). The money is collected via the social insurance
mechanism.

In order to register for a course, your employer should apply to our training centre to register for the course, using the enrol now button on the course page. Once we receive your application, we will contact you to confirm your status on the ERMIS platform of the HRDA. We will guide you through the application process to enable you to register on the ERMIS platform for the course you are interested in.

We will then approve your application from the ERMIS portal and then confirm your registration. Once the course is completed, we will apply to the HRDA to receive your funding for the course in question. We receive your funding directly from the HRDA.

The maximum hourly grants are as follows:


Level 1: 12€/hour/person, Level 2: 17€/hour/person.

The two levels of participants are defined as: - Level of participants 1: a) for technical skills and knowledge: key personnel as craftsmen, laborers, clerical staff, service employees; b) personal skills: key personnel such as craftsmen, laborer’s, clerical staff, service employees, supervisory/managerial staff - Level of participants 2: a) specialized professionals/technical knowledge and skills: technical/science/ supervisory/managerial staff; b)supervisory/managerial knowledge and skills: supervisory/managerial staff; c) specialized/innovative topics: managerial and scientific staff.

Following the de minimis aid Council Regulation 1407/2013, a company cannot receive more than €200,000 in a three-year time horizon. If you have received more than this amount you will not be eligible for funding and will be called to pay the full amount of the course fee.

In order to receive funding you should visit our Terms and Conditions for receiving HRDA funding and read them carefully. Participants should also follow the instructions of the Center and the trainer alike.

Failure to follow instructions or if you do not satisfy the criteria can result in you not being funded for a course and subsequently not receiving the funding. You or your employer are responsible for ensuring that you will receive the funding for your participation in a course.

What happens if I do not have Ermis portal access?

If you do not have Ermis portal access unfortunately you will not be able to participate in an HRDA-funded course. You will however, be able to participate in a course that is not HRDA accredited.

What if I apply for funding and then am rejected by the HRDA?

In order to receive funding the student/employee must be present at his desk, on his own computer with a working camera. Cameras must remain on throughout the seminar. The student must also have a working microphone.  Should the student/employee not attend the seminar 75%, not have the camera on during the sessions, not have a working microphone or not follow instructions regarding the use of the online ERMIS Register he/she will not be eligible for funding and ELTC may request payment of the full fee from the employer.

What is Ermis?

ERMIS is the new digital platform of the HRDA which covers all operational needs and services by the HRDA using modern information communication technologies while reducing bureaucracy and operational/administrative costs. The digital portal provides easy access to all schemes and systems operated by the HRDA, with simple, user-friendly procedures, guiding the user through the registration process as well as the submission of applications, their processing and progress monitoring, including the payment of subsidies.

At this stage, the digital portal allows external users to register as an entity (physical person, legal entity, consortium, government body), under each user’s particular status (employer, trainer of vocational training, vocational training facility, vocational training centre and centre for assessment of vocational
qualifications).

What is HRDA funding?

When you join a seminar that is HRDA accredited and funded, you are able to be funded for up to 80% of the course fee. When a course is accredited by HRDA, it means that the course has been examined for its quality and structure. The Human Resource Development Authority of Cyprus (HRDA) sets maximum subsidy levels. Maximum subsidy levels are calculated as follows: maximum subsidy level= number of employees x duration of training programme x hourly subsidy per participant. In fact, for level 2 courses, the HRDA subsidizes 17 euros per hour per employee and for level 1 courses 12 euros per hour per employee. Contact us to find out if you are eligible for funding and for information on our funded courses.

How can I access course materials and resources?

Registered participants will receive access to our course materials and resources through our online learning platform. These materials are designed to complement the live sessions and help you reinforce your understanding of the topics covered. If you have any questions or encounter any difficulties accessing these materials, please reach out to our support team, and they will be happy to assist you.

Will you register my CPD points for me?

Yes, our admin team will make sure that your CPD points are registered with the Cyprus Bar Association immediately after the end of the seminar.

I am unemployed - Can I join this seminar?

Unemployed persons can join this course for free, provided that they have secured a referral from the Department of Labor (ΔΥΑ) for participation in a training program, with a start date of validity that is either prior to the start date of the training program or within 25% of the duration of the training program. Also, they must have obtained from the ΔΥΑ a form for the renewal of the unemployment registration (ES19), which confirms that they were unemployed at the start of the program. Additionally, they must not have already participated in two (2) training programs subsidized by the Human Resource Development Authority (ΑνΑΔ) within the same calendar year, as part of the Scheme, while they must meet any minimum requirements of the training program specification in terms of education level or experience, or in terms of specific skills that the candidates must possess. The registration process is complete once all the necessary forms are uploaded in the ERMIS portal.

When is my registration complete?

Your registration will be complete once you enrol on the course in the ERMIS portal, having followed all the required the steps.

ENROLL NOW

options for all professionals

HRDA

20
May
-
03
Jun
2024
380
100

Applied Real Estate Law

14 CPD Points
Duration:
14
HOURS
Language:
English
Stylianos Trillides
apply NOW
Thank you! Your submission has been received!
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INDIVIDUAL

20
May
-
03
Jun
2024
380
266
+VAT

Applied Real Estate Law

14 CPD Points
Duration:
14
HOURS
Language:
English
Stylianos Trillides
apply now
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

TEAMS

20
May
-
03
Jun
2024
CUSTOM

Applied Real Estate Law

14 CPD Points
Duration:
14
HOURS
Language:
English
Stylianos Trillides
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