Education Requirement. The following education is required for a sales agent license: 1  Principles of Real Estate [60 classroom hours]. 2  Law of Agency (30 classroom hours). 3  Law of Contracts (30 classroom hours). 4  Promulgated Contracts Forms (30 classroom hours). 5  Real Estate Finance (30 classroom hours).he following education is required for a sales agent license: 1  Principles of Real Estate [60 classroom hours]. 2  Law of Agency (30 classroom hours).
However, vandalism that results in serious damage to valuable property is a felony. Defendants charged with a felony can face more than a year in state prison and significant fines. Most states categorize damage to property worth less than $500 as a misdemeanor, while anything worth $500 or more is a felony. This amount can differ among states or depending on the type of property. For example, some states set a $250 limit to misdemeanors, but consider any damage to a motor vehicle a felony.
Property damage means physical injury to, destruction of or loss of use of tangible property. The concept of physical injury to tangible property is central to an understanding of the property damage coverage of liability policies.