Keeping it Honest: Understanding Real Estate and Mortgage Fraud

$49
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 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 Kentucky

Kentucky State Requirement Details for Real Estate Broker and Sales Associate Continuing Education

Renewal Date: March 31st of even-numbered years. Mandatory CE must be completed by December 31st of each year. If a continuing education course is taken after December 21st of the calendar year, the licensee's license may be cancelled if the course is not timely completed.

Hours Required by the State: 12 hours (every two years)

  • 6 hours in real estate law
  • 6 hours of elective courses
Note: Kentucky requires a state-specific continuing education course (the Kentucky Core Course) to be completed by all active licensees subject to continuing education once every four (4) years. No other continuing education course will substitute for the Kentucky Core Course. The Kentucky Core Course will satisfy the continuing education requirements for licensees in the year that it is taken.

Kentucky Real Estate Commission

Street Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601

Mailing Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601

Telephone: (502) 564-7760

Kentucky Real Estate Commission

KREC Continuing Education