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

Document Diligence: Safeguarding Your Transactions (fulfills the contracts requirement)

$49

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 1 Mandatory Hours: 3 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 Texas

Texas State Requirement Details for Real Estate Continuing Education

Renewal Date: Every two years by the end of the month in which the license was initially issued

Hours Required: 18 hours

4 hours – Legal Update I
4 hours – Legal Update II
6 hours - Broker Responsibility Course
1 hour - Elective
3 hours - Contracts-related course

The CE Shop’s Offering: 18 hours

The CE Shop is an approved provider in Texas.

Provider Approval Number: 0505

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

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 Exams: Passing a final exam is not required to receive continuing education credit in Texas, therefore our system is set up so that final exams can be passed with a 0% passing score.

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. If TREC records do not reflect completion of CE requirements at the time you submit your renewal application, you must pay a $200 CE Deferral Fee, or renew in inactive status. Payment of the CE Deferral Fee allows you to remain active for an additional 60 days from your expiration date to complete CE requirements.

Repeat Course in Back-to-Back Renewals: According to Texas Rule Chapter 535, Subchapter I, Section 535.92 (3h), credit will not be given for attendance of the same course more than once during the term of the current license or during the two?year period preceding the filing of an application for late renewal or return to active status.

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