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

Document Diligence: Safeguarding Your Transactions

$59

This product includes:

LICENSE RENEWAL PERIOD: 1 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 Montana

Montana State Requirement Details for Real Estate Continuing Education

Renewal Date: 10/31 every year

Hours Required: 12 hours

No continuing education is required for salesperson licensees who are licensed less than 12 months on their first renewal.

The CE Shop’s Offering: 12 hours

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

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 Exam: Final exams must be passed with a minimum of 75% and may be taken as many times as necessary in order to pass.

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.

Property Manager: New property manager licensees are required to complete four hours of property management trust account CE by their first renewal date. If no course occurs by the first renewal date, the licensee must complete the course when it is next offered. The CE Shop currently does not offer this course.

Supervising Broker: Each licensing year, a Supervising Broker must complete 12 hours of Continuing Education. 4 of those hours must be board-approved education in the area of Supervising Broker Continuing Education as designated by the board. The CE Shop currently does not offer this course.

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