Real Estate/ Post-Licensing/ Washington/ Keeping it Honest: Understanding Real Estate and Mortgage Fraud

Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$35

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 First Renewal Education

Hours Required by the State: 90 hours

30-hour Advanced Practices Course
30-hour Real Estate Law Course
3-hour Current Issues in Washington Residential Real Estate Course
6-hour Wasington Real Estate Fair Housing Course
21 hours of other approved continuing education

You must start these hours after the date you're first licensed. If you haven't taken the initial 6-hour Washington Real Estate Fair Housing course, you must take it first.

Once you've taken the initial 6-hour course, you must take the 3-hour Washington Real Estate Fair Housing course each time you renew.

Provider Approval Number: S1633

The CE Shop’s Offering: 90 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: Once The CE Shop has received the signed affidavit, your certificate of course completion will become available to download (and via email). The CE Shop will provide students with an electronic certificate of completion, upon completion of the course. Certificates will remain in your account for a minimum of five years, should you need additional copies. Please refer to your license application to determine if you need to submit your certificate of completion with your license request. Course completion dates are recorded using Central Standard Time. Please note that the date of your certificate of completion will reflect this.

Final Exams: Final exams must be passed with a minimum of 70% and may be taken as many times as necessary in order to pass.