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Trust Fund Handling

Trustpilot

Real estate brokers and salespersons receive trust funds in the normal course of doing business. They receive these funds on behalf of others, thereby creating a fiduciary responsibility to the funds’ owners. Brokers and salespersons must handle, control, and account for these trust funds according to established legal standards.

This course discusses the legal requirements for receiving and handling trust funds in real estate transactions as set forth in the Real Estate Law and the Regulations of the Real Estate Commissioner. It describes the requisites for maintaining a trust fund bank account and the precautions a licensee should take to ensure the integrity of the account. It explains and illustrates the trust fund record keeping requirements under the Business and Professions Code and the Commissioner’s Regulations.

Hours:3
Category:Trust Fund Handling
Format:PDF Self-Study (Online Exam)
Status:
Approved by DRE
Price:$9.99

Details of Course Format

All courses from Empire Learning are completed online and can be accessed in your account 24 hours a day, from anywhere with an internet connection.

Course content consists of PDF study materials that you will download and read through, followed by an online exam for each course in the package. Per DRE regulations, a full 45 hours of CE cannot be completed in less than 6 days.

To receive credit, you must complete all sections of the course.

Sponsor Approval Information

Empire Learning courses offered to California licensees are approved by the California Department of Real Estate (DRE Sponsor #5017) for continuing education credit. Each of the courses is individually approved and has a specific approval number that will be displayed on your completion certificate.

Our 45-hour continuing education packages are designed to meet the full renewal requirements for your specific license.

Click here to view the General Information Page for each course we offer in California.