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Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$39
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 0 Mandatory Hours: 3 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 Oklahoma

Oklahoma State Requirement Details for Real Estate Continuing Education

Renewal Date: Every three years within the initial month of licensure. 

Hours required: 30 hours

The CE Shop’s Offering: 15 hours

The CE Shop does not currently offer the 15-hour Broker in Charge course.

Provider Approval Number: 581394

Reporting: The state requires schools to report course completions within five 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 6 months after order date per Oklahoma rules. Each individual course will have an expiration date listed in your account. Courses must be completed before the expiration date in order to receive credit.

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 75% and may be taken as many times as necessary in order to pass.

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

Oklahoma Real Estate Commission

Street Address: 1915 N Stiles Ave #200 Oklahoma City, OK 73105

Telephone: 405.521.3387

License Renewal Requirements

Licensee Lookup Website

Contact OREC via Email