Real Estate/ Continuing Education/ Alabama/ Alabama Risk Management: Initial Contact to Accepted Offer

Alabama Risk Management: Initial Contact to Accepted Offer

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3

Description

State Requirements

How many times will you be required to review agency disclosure rules? As many times as it takes until it’s no longer one of the top reasons for consumer complaints against licensees (which it is). Alabama license law provides a firm foundation for a successful real estate practice, so this course focuses on key tenets of that law, including the Real Estate Consumers Agency and Disclosure Act (RECAD). In addition to reviewing RECAD, this course provides a breakdown of issues that consistently trip up licensees and/or confuse consumers, including advertising rules, caveat emptor, trust fund handling, and record retention.

This three-hour course provides you with a review of areas of risk from the moment of initial interaction with a consumer, and how those risks can be mitigated through proper disclosure, adherence to fiduciary duties, and a focus on utmost professionalism.

Course highlights include:

Real Estate Consumers Agency and Disclosure Act (RECAD) disclosures
Real Estate Brokerage Services Disclosure form
Required duties when working with buyers, sellers, and the general public
Proper advertising requirements
Misrepresentation and caveat emptor
“As is” properties
Permitted activities of unlicensed persons when presenting properties
Trust fund handling and record retention requirements
Closing cost estimates
Personal interest disclosure
Presentation of offers and counter-offers
Qualifying broker responsibilities and risk management practices

Package Content:

State Requirements For Alabama

Alabama State Requirement Details for Real Estate Continuing Education

Renewal Date: 8/31 every even-numbered year

CE Due Date: 9/30 every even-numbered year

Hours Required: 15 hours every 24 months including 3 mandatory hours in Risk Management

3 hours – Mandatory hours
12 hours – Elective hours

The CE Shop’s Offering: 15 hours

3 mandatory hours
12 elective hours

The CE Shop is an approved provider in Alabama.

Provider Approval Number: 96000

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion. Students may verify reported credits through the Commission website using thes state's CMAP instructions.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Passing a final exam is not required to receive continuing education credit in Alabama, therefore our system is set up so that final exams can be passed with a 0% passing score.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.