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Trust Funds
3 hours of California Continuing Education
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Real estate licensees routinely receive personal checks, cash, and other items of value from the public in the normal course of doing business. They receive these items, which are referred to as trust funds, on behalf of others. The licensee owes a fiduciary duty to handle, control, and account for trust funds properly. This course covers broad issues on standards, regulations and forms related to Trust Funds. Further, it puts more emphasis on the legal requirements for receiving and handling trust funds in real estate transactions.
This course is offered through AgentCampus.com. The free bonuses are offered exclusively by California Real Estate School Online.
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Sale Price: $21.00 $35.00 |
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Course Completion Time Limits: You have three months from date of purchase to complete this course.
Testing Requirements:
At the end of each lesson there will be a short quiz of 10 multiple choice questions. You must pass this quiz with a 70% or better in order to move forward with the course. The quiz will be automatically graded as you complete it. Failure to pass the quiz with 70% will result in repeating the lesson.
For the final exam, the student will have 37.5 minutes (1.5 minutes for each multiple choice question) to complete the twenty-five (25) multiple choice, closed-book final and will need to score 70% or better in order to pass. The student will not be able to print or download the exam. After the 37.5 minutes have passed the student will automatically be logged out of the final. |
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