GRI 102 - Trust Fund Management

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.” The overall concept of trust fund accountability is covered in this course. Upon completion of this course, the student will be able to:

• 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
• Record transactions on the columnar record forms
• Recognize the consequences of violating the law as it relates to trust fund handling

TO ACCESS YOUR PURCHASED COURSE

After your purchase is complete, you will access your online course by visiting www.onlineed.com. You will have up to ONE (1) year from the date of purchase to access and complete the course(s).

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.