Real Estate/ Continuing Education/ Washington/ 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 Washington

Washington State Requirement Details for Real Estate Continuing Education

Renewal Date: Every two years

Hours Required: 30 hours

Renewal for Brokers:

At least 30 hours, including:
3-hour Current Issues in Washington Residential Real Estate Course
3-hour Washington Real Estate Fair Housing Course
At least 27 hours other approved continuing education
At least 15 hours must be completed within 24 months of your renewal date.
You may also use up to 15 hours of unused continuing education completed within 48 months of your renewal date.

Renewal for Managing Brokers:

At least 30 hours, including:
- 3–hour Core Course
- 3-hour Fair Housing Course
- At least 24 hours other approved continuing education
At least 15 hours must be completed within 24 months of your renewal date.
You may also use up to 15 hours of unused continuing education completed within 48 months of your renewal date.
The hours must be started after the date of first licensure as a managing broker.

Provider Approval Number: S1633

The CE Shop’s Offering: 30 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 at least a 70% 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.