Real estate professionals in California who take this course will gain three hours of continuing education training. The following topics are covered in this class:
- Trust Accounts and Recordkeeping
- This topic addresses the proper use of a client trust account and some of the records that a broker must maintain.
- Mortgage Loan Brokerage
- This topic discusses the regulation of mortgage loan brokerage in California.
- Financial Reporting
- This topic explores double entry bookkeeping and financial statements.
This course is broken up by two incremental quizzes.
General Information: Trust Funds
Course Format: Text
Credit Type: Trust Fund Handling
Course ID(s): 5198-1052
Approved By: Department of Real Estate
- Trust Fund Handling
- Financial Records [6 Activities]
- 01. Introduction (Video)
- 02. Financial Records
- 03. Clients Trust Account
- 04. Responsibility for Trust Monies
- 05. Use of The Trust Account
- End of cluster
- Incremental Quiz #1 (5 questions)
- Mortgage Loan Brokerage [7 Activities]
- 01. Mortgage Loan Brokerage
- 02. Mortgage Loan Brokerage - Part 2
- 03. Financial Records (Video)
- 04. Financial Reports
- 05. Financial Reports: Part 2
- 06. Conclusion of Financial Records (Video)
- End of cluster
- Incremental Quiz #2 (7 questions)
- Affidavit
- State Issued ID Uploader
- Financial Records PDF
- Mortgage Loan Brokerage PDF
- Final Exam (15 questions)
- Alternate Final Exam (15 questions)
- Financial Records [6 Activities]
- Course Completion
- Mandatory Questionnaire
- Certificate of Completion
- Continuing Education Course Verification Form
