2/25 Trust Fund Management - GRI Course 102 - LearnMyWay®

Date: Friday, February 25, 2022

Time: 9:00 a.m. to 12:00 p.m.

Location: Live webinar course - take from anywhere, you can connect to the Internet

Course Description

The purpose of this course is (1) to minimize the licensee’s risk of being audited by the Department of Real Estate, and (2) for those brokers who are audited, to come through with a clean bill of “trust fund compliance health.” Also discussed are prudent business practices, which the licensee must follow in order to avoid the possibility of harsh results, stemming from an audit by the DRE.

The major requirements concerning the receipt, handling, and disbursement of trust funds are discussed in the following:

• Identify DRE requirements for handling trust funds
• Comply with trust fund bank account regulations
• Maintain and reconcile trust fund accounting records
• List the documentation required for various real estate transactions
• Prepare for an audit by the DRE
• Recognize the consequences of violating the law as it relates to trust fund handling

Recordings and Exams: If applicable, exams and/or recordings will be made available before 5pm on the business day after the broadcast ends. At that point all those eligible for exams and recordings will be notified via email. Recordings are not available for CE courses or NAR Designation/Certification courses. Exams will be taken at OnlineEd.com.

Certifications and Designations: All participants in NAR courses will be contacted with next steps within two weeks after the course ends. Please visit the NAR resource page for applications and other relevant details for NAR Certifications and Designations.

All participants in C.A.R. Education courses will automatically receive certificates 24 hours after all required courses and exams have been completed and passed. Please visit the C.A.R. Certifications page for relevant details on desired certifications.

Please note: Purchase of this course is for use by a single person and may not be broadcast, recorded or shared by more than one individual. If you are interested in showing this course in your office, please contact C.A.R. Education at education@car.org for Broker Pricing Information.

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Transfer, cancellation and refund policy:

Purchasing for other people
All purchases must be made by the person attending the course and no substitutions will be allowed. Certificates can only be issued in the name of the person who purchased the course.

Only C.A.R. Members are eligible to purchase and take courses at Member pricing. If you purchased a class for someone else in error, please email us at education@car.org with the online order number, and include a phone number where we can reach you.

Need to reschedule?
You may transfer to a future LearnMyWay® session without penalty at any time up to two (2) days prior to your course. We allow one reschedule per course. If you provide C.A.R. Education with less than a two (2) day notice or fail to attend, you will be liable for the entire course fee.

Second and subsequent reschedules will result in a $15.00 processing fee per reschedule. All rescheduling requests must be sent to education@car.org and include the order number associated with the purchase of the course. 

Cancellation and refund policy
You may cancel a course without penalty at any time up to two (2) days prior to your course. Those who book within two (2) days are not eligible for cancellation or refunds. To cancel, please send an email to education@car.org and identify the name of the course and include the order number associated with the purchase of the course. Refunds will be issued in the same form of payment that was made.

Please call 213-739-8227 for additional information.