+ $12.00 NMLS Credit Banking Fee
|Purpose:||Meets both 8-hour NMLS and 45-hour real estate license renewal requirements|
|Features:||online text, online video, online audio, printable certificate, PDF eBook|
|Category:||Mortgage > Continuing Education > California|
7405 SW Beveland Rd,
Portland, OR 97223
Meets both 8-hour NMLS and 45-hour real estate license renewal requirements
This package fulfills the minimum 45 hours of continuing education credit for those who are licensed with both the California Bureau of Real Estate (CalBRE) as real estate salespersons or brokers, and the Nationwide Mortgage Licensing System (NMLS) as mortgage loan originators. For license renewal, the CalBRE requires 45 hours of real estate continuing education per renewal cycle, while the NMLS requires 8 hours of mortgage continuing education per year.
This package contains the following courses:
8 Hour SAFE Comprehensive: 2017 Originator Essentials (Consumer Protection - NMLS ID 6878) - This course covers the general required categories of 3 hours of federal law, 2 hours of ethics, 2 hours of nontraditional mortgage, and 1 hour of elective. This NMLS course is new for 2017 and meet the SAFE Act's "successive years" rule.
Fair Housing - This 3-hour course is designed to give a historical overview of the Federal Fair Housing Laws and an in-depth discussion of the individual laws and their application to the practice of real estate. A discussion of the State of California Fair Housing laws is also included.
Agency - This 3-hour course is designed to give the licensee a comprehensive understanding of the law of agency as it applies to the practice of real estate in today's market.
Trust Funds - The concept of trust funds is discussed in this 3-hour course along with the rules and regulations relating to the handling of such trust funds. Specific attention is focused on the trust fund account and the liability associated with managing the account.
Ethics - This 3-hour course emphasizes that the standards of ethical conduct in the practice of real estate are based upon the National Association of REALTORS® Code of Ethics and Standards of Practice and upon federal and state laws governing conduct applicable to the practice of real estate.
Advanced Contract Law (Consumer Services) - In this 4-hour advanced contracts course, the licensee will build upon their basic contract law knowledge to include concepts beyond the basics.
Managing Risk for Profit (Risk Management) - This 6-hour course is designed to demonstrate that risk management should be viewed as a positive strategy that will provide for increased profits.
Environmental Issues in Real Estate (Consumer Protection) - This 12-hour course is designed to give the licensee a comprehensive understanding of the many environmental issues that frequently arise in today's residential real estate transaction.
Broker Management and Supervision of Salespersons (Management and Supervision) - This course will cover three important topics that brokers must be aware of: their managerial position over the salespersons in their office, fair housing laws that brokers must ensure their salespersons are in compliance with, and the importance of properly maintaining funds that belong to others (i.e., trust funds).
Please see the descriptions below for more details and to download the syllabus for these courses.
This course package is intended for subsequent renewals. If this is the first time renewing your salesperson license, please call us at 1-866-519-9597 to get a custom package set up.
If you are licensed through the California DBO, this package is not for you. DBO licensees are required to take a 1-hour DBO specific NMLS course. We have DBO licensee packages available in our 8 Hours of 2017 California DBO MLO Continuing Education package or our stand-alone 1 Hour CA-DBO SAFE: California State Conduct and Rules course.
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.