Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Core Topics: 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 New Jersey

New Jersey State Requirement Details for Real Estate Broker, Broker-salesperson, and Salesperson License Reinstatement Continuing Education

Hours Required: 12 hours

6 hours in core topics
- 1 hour in Fair Housing & New Jersey Law Against Discrimination
- 2 hours in Ethics
- 1 hour in Agency
- the remaining hours in any core topic
  - Agency
  - Disclosure
  - Legal issues
  - Ethics
  - Fair Housing
  - Rules and regulations
  - Real estate licensee safety
  - Financial literacy and planning
6 hours of elective courses - A mix, or all of the same, of any of the following four CE types: ELECTIVES or ETHICS or CORE or FAIR HOUSING

Note: To reinstate a broker, broker-salesperson or salesperson license that expired or became inactive during the current license term, applicants must complete the CE credits applicable in the preceding license term before submitting an application. The CE required to reinstate could have been completed during the preceding license term or during the current license term. If completed during the current license term, applicants must designate to the CE provider that the CE credit should be applied to the preceding license term.

The CE Shop’s Offering: 12 hours

6 hours in core topics
- 1 hour in Fair Housing & New Jersey Law Against Discrimination
  - Fair Housing in New Jersey
- 2 hours in Ethics
  - Ethics at Work
  - Using the Code to Solve Ethical Dilemmas
  - Wholesaling in Today's Market
- 1 hour in Agency
  - NJ Agency: Licensee Relationships and Duties
  - New Rules, New Roles: NJ Licensee Business Relationships
  - AAA: All About Agency
- the remaining hours in any core topic
  - Assistance Animals and Fair Housing
  - Diversity: Your Kaleidoscope of Clients
  - Keeping it Honest: Understanding Real Estate & Mortgage Fraud
  - Lead Awareness and Compliance
  - Marketing, Advertising, and Social Media Compliance
  - Personal Safety
  - Section 1031 Tax-Deferred Exchanges
  - Sex and Real Estate: Sexual Harassment, Sexual Discrimination and Fair Housing
6 hours of elective courses - A mix, or all of the same, of any of the following four CE types: ELECTIVES or ETHICS or CORE or FAIR HOUSING

Reporting: The state requires course completions to be reported to PSI. We will report your course to PSI 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.

License Reinstatement Process: The process to reinstate a license in this state can be found here.

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

New Jersey Real Estate Commission

Street Address: 20 West State Street, Trenton, New Jersey 08608

Mailing Address: PO Box 328, Trenton, New Jersey 08625-0328

Telephone: (609) 292-7272

Email: realestate@dobi.nj.gov

New Jersey Real Estate Commission

NJREC License Reinstatement

CE Lookup