Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
Renewal 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 York

New York State Requirement Details for Real Estate Continuing Education - Broker and Sales License

Renewal Date: Every two years by the exact day of your license anniversary date

Hours Required: 22.5 hours

  • 2 hours implicit bias 
  • 2 hours cultural competency
  • 3 hours fair housing
  • 2.5 hours ethical business practices
  • 1 hour legal matters
  • 1 hour agency (2 agency hours for initial license renewal)
  • 11 elective hours

New York Department of State

Street Address: One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231

Mailing Address: P.O. Box 22001, Albany, NY 12201-2001

Phone518.474.4429

Fax518.473.6648

License Renewal Website

License Lookup Website

Contact NY DOS via Email