Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$45

This product includes:

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

Description

State Requirements

Fraud has become a major issue in the industry. Lawbreakers use real estate as a vehicle to steal the life savings of unsuspecting homeowners and defraud lenders out of millions of dollars for their own gain. Federal, state, and local governments have taken steps to combat real estate fraud, but it remains a major problem—one you need to have a solid understanding of to ensure you're able to shield your clients and yourself from being defrauded or unknowingly committing fraud.

Keeping It Honest: Understanding Real Estate and Mortgage Fraud has been updated to discuss the latest fraudulent schemes and explain recent government initiatives aimed at stopping fraud and protecting consumers.

Course Highlights:

Fraud and its impact on the real estate industry
The newest and most prevalent types of fraudulent schemes
Red flag behaviors that suggest someone is engaging in fraud
How to report fraudulent or suspected fraudulent activities to the proper authorities
Key government initiatives aimed at stopping fraud and protecting consumers
Activities and scenarios to provide real-world context for course content

Package Content:

State Requirements For District of Columbia

District of Columbia State Requirement Details for Real Estate Continuing Education

Renewal Date: 2/28 every odd-numbered year

Hours Required: 15 hours
Property Manager:
9 hours – Mandatory (DC Fair Housing; DC Ethics; DC Legislative Update)
6 hours – Property Management

The CE Shop’s Offering: 15 hours

The CE Shop is an approved provider in the District of Columbia.

Provider Approval Number: 603799

Reporting: Effective 04/01/2021, OPLA ceased operations for their course reporting system for all schools. LICENSE RENEWALS MUST STILL BE COMPLETED ONLINE on time. Completion of required continuing education hours will be attested to in the license renewal process. Course completion reporting will resume at a later date. OPLA may audit continuing education compliance for licensees at any time. Please complete your CE as usual and renew online by 2/28/2025.

Expiration Date of Course: The District of Columbia provides that a course must be completed within 3 months from the date of purchase.

Final Exams: Final exams must be passed with at least a 70% and may be taken as many times as necessary in order to pass.

Certificates: Immediately upon real estate course completion, 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 renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Duplicate Courses: Please note that a licensee (active or reinstatement) will NOT be given credit on transcripts for taking the same course(s) within the same cycle.

CE Exemptions: Newly licensed brokers, salespersons and property managers are exempt from taking CE courses for the remainder of a licensing cycle during which their license is obtained, but are required to renew the license when that first cycle ends. CE credits taken by (new) licensees do not roll over and cannot be carried forward into the next cycle.

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.

Still have questions? Visit our Frequently Asked Questions or Contact Us.