Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$39

This product includes:

LICENSE RENEWAL PERIOD: 1 YEAR Elective Hours: 3 Mandatory: 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 Louisiana

Renewal Date: Every year on 12/31

Hours Required by the State: 12 hours

The CE Shop’s Offering: 12 hours

The CE Shop is an approved provider. Approval Number: 9097

Reporting: Real estate course completions are reported to the Louisiana Real Estate Commission. The state requires schools to report course completions within seven to ten days from the course completion date. Course completions will be reported within this time frame. Core courses are reported to the state by the 10th of the following month.

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account.

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.

Course Duplication: Credit will not be awarded for completing duplicate courses within the same license period.

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.

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 your license.

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