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3 Hour Predatory Lending And Mortgage Fraud VREB Approval ...
Get 3 Hour Predatory Lending And Mortgage Fraud VREB Approval ...
Omac Real Estate School/Long & Foster Instructions for 3 Hour Predatory Lending & Mortgage Fraud Correspondence Course You have chosen to take the 3 hour Predatory Lending & Mortgage Fraud course by correspondence. You may either read it online or print it. After you complete each section, take the quiz. A blank answer sheet is provided for you on the second to last page of this packet; please record your answers there. You must answer the questions for both sections. The Virginia Real Estate B.
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Ftc FAQ
Final answer: The broker acting as a closing agent is not responsible for delivering a copy of the closing statement to the employing broker of all licensees. Their duties include ensuring the title commitment, preparing closing documents, and coordinating with the lender for the loan package.
Continuing Education For the trades of plumbing, electrical, and HVAC, the course must be three hours in length. For gas-fitting, natural gas, and liquefied petroleum gas, the course must be one hour each.
You may renew or reinstate an inactive new salesperson license for up to one year after the license expiration date by completing the 30-hour post-license education requirement and meeting all other renewal or reinstatement requirements. New Salespersons must complete the 30-hour Post-License Education requirement.
A non-resident broker is not required to maintain an active place of business in the state if they maintain a business place in the state of the original licensure, or if the state of original licensure does not require Kentucky licenses holding licenses in that state to maintain an office in that state.
The broker's duty to supervise their salespersons is outlined in the Regulations of the California Real Estate Commissioner as well as the California Business and Professions Code. These laws require that the broker exercise “reasonable supervision” over all agents acting under the broker's license.
The principal broker is responsible for the direct management and supervision of a brokerage firm and its real estate licensees.
If you want to reactivate your Virginia real estate license and maintain active status, you must have completed the Virginia continued education requirement. To reinstate your expired real estate license, you must submit a Salesperson Activate / Transfer Application and pay the required fee.
Explanation: As a principal broker, Ken is responsible for maintaining certain records as part of his recordkeeping duties. However, he is not required to maintain a record of his past client's credit history.
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