Real Estate/ Continuing Education/ New York/ Keeping it Honest: Understanding Real Estate and Mortgage Fraud

Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$39

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 New York

New York State Requirement Details for Real Estate Continuing Education - Broker and Sales License

Renewal Date: Every two years by the exact day of your license anniversary date

Hours Required: 22.5 hours

2 hours implicit bias
2 hours cultural competency
3 hours fair housing
2.5 hours ethical business practices
1 hour legal matters
1 hour agency (2 agency hours for initial license renewal)
11 elective hours

The CE Shop is an approved school in New York.

The CE Shop’s Offering: 22.5 hours

2 hours implicit bias
2 hours cultural competency
3 hours fair housing
2.5 hours ethical business practices
1 hour legal matters
1 hour agency (2 agency hours for initial license renewal)
11 elective hours

Reporting: New York is an audit state that does not require course completions to be reported by education providers. Licensees must keep copies of their course completions in the event they are audited. Licensees can download a copy of course certificates from our website at any time.

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.

Final Exam: Final exams must be passed with at least a 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.

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

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