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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 Mississippi

Renewal Date: Every two years, from license date

Hours Required: 16 hours

The CE Shop’s Offering: 16 hours

Reporting: The state requires schools to report course completions within seven to ten days from the course completion date. Course completions will be reported within this time frame.

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. 

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.

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.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 8 hours of postlicense education in a 24-hour period. Our online course delivery system manages this requirement for you.

License Renewal Process: The process to renew with the 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.

Mississippi Real Estate Commission

Street Address: Lefleur's Bluff Tower, Suite 300, 4780 I-55 North, Jackson, MS 39211

Mailing Address: PO Box 12685, Jackson, MS 39236

Telephone: 601.321.6970

Fax: 601.321.6955

License Renewal Website

License Lookup Website

Contact MREC