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Document Diligence: Bullet-Proof Your Transactions

$49
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 4.5 Mandatory Hours: 0 Total Hours: 4.5
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 New York

New York State Requirement Details for Real Estate Continuing Education - First Time Sales License Renewal

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
  • 2 agency hours
  • 10 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
  • 2 agency hours for initial license renewal
  • 10 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.

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

New York Department of State

Street AddressOne Commerce Plaza, 99 Washington Avenue, Albany, NY 12231

Mailing Address: P.O. Box 22001, Albany, NY 12201-2001

Phone518.474.4429

Fax518.473.6648

License Renewal Website

License Lookup Website

Contact NY DOS