Real Estate/ Continuing Education/ Maine/ Document Diligence: Safeguarding Your Transactions

Document Diligence: Safeguarding Your Transactions

$49

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4

Description

State Requirements

A veteran broker once said, "No one ever failed in this business because of the paperwork." It's true: Real estate is a relationship-based business. However, to protect consumers and yourself, knowing how to manage the paperwork--whether it's cotton bond and ink or bits and bytes--is integral to your role. Maintaining detailed and organized records, even for transactions that don't close, not only satisfies regulatory requirements, it also protects your license. It proves you did what you were supposed to do when you were supposed to do it.

We can't do anything about paper cuts, but if you're ready to become more comfortable selecting and using documents to ensure on-time, accurate, and litigation-free real estate transactions, let's do this.

Course highlights include:

Typical transaction documents
Standard clauses, addenda, and contingencies
How to practice within the scope of your license (but avoid unauthorized practice of law)
How to field and manage multiple offers
Managing signatures, notarizations, and identification
Best practices in transaction management
Best practices in document retention
Keeping documents secure, both hard copy and digital
Wire fraud prevention

Package Content:

State Requirements For Maine

Maine State Requirement Details for Real Estate Continuing Education

Renewal Date: Every 2 years

Hours Required: 21 hours

3 hours – mandatory hours
18 hours – elective hours

CORE CREDIT:

Maine Reasonable Care and Diligence Core Course

The CE Shop’s Offering: 21 hours

3 hours - mandatory hours
18 hours - elective hours

Reporting: The state does not require schools to report course completions.

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account.

Final Exams: Final exams must be passed with at least an 85% 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.

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.

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