Reading Time: 8 minutes

Course Available Time

This course will be available for three months.

Time begins at the date of registration.

The course is available twenty-four hours a day.

 COURSE DESCRIPTION

This course covers real estate information and issues that are important to the success of a first-year real estate broker. It is designed to provide the adult learner with an in-depth knowledge of real estate concepts that can improve your career and general financial well being.

This course can be applied to a post-license course, continuing education or a pre-course in the state of Mississippi.

It includes the following subjects:

OUTLINE

MANAGING ESCROW ACCOUNTS OUTLINE

MODULE ONE: Introduction to Managing Escrow Accounts

LESSON ONE: Orientation to Managing Escrow Accounts

1. Course Available Time

2. COURSE DESCRIPTION

3. OUTLINE

4. Final

5. DEADLINE FOR COMPLETION

6. COURSE GOAL

7. COURSE POLICIES AND PROCEDURES

a. Attendance

b. Assessment Policies:

c. Criteria for successful completion of the course:

d. Course Participation:

e. School Refund Policies

f. Instructor and Course Evaluations

g. Notification of Exam Results

h. Instructor Response Time

8. Web Content Accessibility Guidelines (WCAG) 2.1 9.

Affidavit

LESSON TWO: About you Instructor

MODULE TWO: Managing Escrow Accounts – The Basics

LESSON ONE: Basics of Escrow Accounts

1. OVERVIEW

2. Timely Deposit of Funds

3. Non-Sufficient Funds (NSF) checks are illegal.

4. BROKER’S RECORDS

5. TRANSACTION FAILURE

6. SUMMARY

LESSON TWO: Escrow Common Terms

1. Arbitration

2. Commingle

3. Conflicting demands

4. Conversion

5. Declaratory judgment

6. Escrow account

7. Escrow disbursement order

8. Good-faith doubt

9. Interpleader

10. Mediation

11. Postdated check

12. Trust account

13. Signatory on an escrow account

LESSON THREE:  Mississippi Earnest Money and Trust/Escrow 

IREBBEA

1. Voluntary program

2. Clients’ or customers’ funds

3. Earnings

4. Availability to client and customers

5. Interest-bearing checking or savings trust account

6. Determination of whether clients’ or customers’ funds are escrow funds

7. Notification

8. Participation

9. Habitat for Humanity International

a.  Mission

b.. Vision

c. . Principles

d. former U.S. President Jimmy Carter

e. Millard and Linda Fuller

f..  MicroBuild Fund:

 10.  Fuller Center for Housing

a. VISION?

b. WORK

c. CURRENTLY BUILDING

d. Cities or Regions

e. United State Locations

MODULE THREE: Escrow Cyber Crime and Security

LESSON ONE: Escrow Cyber Crime and Security – Introduction

1. Overview of Chapter

LESSON TWO: BUSINESS E-MAIL COMPROMISE – Public Service Announcement (PSA)

1. THE 3.1 BILLION DOLLAR SCAM

2. DEFINITION

3. STATISTICAL DATA

4. Background

5. Scenarios

a. Business Working With a Foreign Supplier

b. Business [Executive] Receiving or Initiating a Request for a Wire Transfer

c. Business Contacts Receiving Fraudulent Correspondence through Compromised E-mail

d. Business Executive or Attorney Impersonation

e. Data Theft

6. CHARACTERISTICS OF BEC COMPLAINTS

7. REAL ESTATE SECTOR TARGETS

8. SUGGESTIONS FOR PROTECTION

9. SUGGESTIONS FOR BEST PRACTICES

10. WHAT TO DO IF YOU ARE A VICTIM

11. Filing a complaint with IC3

LESSON THREE: ESCROW SERVICES FRAUD Complaints

1. How to File a Complaint

2. Prior To Filing A Complaint

3. After A Complaint Is Filed

4. Related Evidence

5. Urgent Complaints

6. Terrorist Tips

7. Disclosure of Information

8. Spam Emails

LESSON FOUR: Nathan E. Hardwick IV and the DOJ

1. Case Document Filing

a. COUNT ONE -Conspiracy to Commit Wire Fraud

i. BACKGROUND

ii. OBJECT OF THE CONSPIRACY

iii. MANNER AND MEANS

b. COUNTS TWO through NINETEEN Wire Fraud

i. EXECUTION OF THE SCHEME TO DEFRAUD

c. COUNT TWENTY Bank Fraud

i. THE SCHEME TO DEFRAUD

ii. EXECUTION OF THE SCHEME TO DEFRAUD

d. COUNT TWENTY-ONE-False Statement to a Federally-Insured Financial Institution

e. COUNT TWENTY-ONE – False Statement to a Federally-Insured Financial Institution

f. COUNT TWENTY-THREE- False Statement to a Federally-Insured Financial Institution

g. COUNTS TWENTY-FOUR through THIRTY-FOUR – Mail Fraud

i. THE SCHEME TO DEFRAUD ii. EXECUTION OF THE SCHEME TO DEFRAUD

10. DOJ – FOR IMMEDIATE RELEASE – Prominent Atlanta attorney convicted of embezzling millions of dollars

11. DOJ – FOR IMMEDIATE RELEASE – Atlanta real estate attorney receives a 15-year sentence for defrauding his law firm out of millions of dollars

12. DOJ – FOR IMMEDIATE RELEASE – Judge Sentences Hardwick Co-Conspirator Maurya to Seven Years MODULE FOUR: FINAL

Final

Real Estate Training Institute is approved by the Mississippi Real Estate Commission to supply instruction in real estate courses.

The online course is available 24 hours a day.

The course is a self-paced course.

The course is self-contained and needs no additional study materials.

DEADLINE FOR COMPLETION

This is a thirty-hour MREC mandatory course and is needed to be taken within twelve (12) months of issuance of a temporary license.

If the requirements of this course are not completed within the time allowed, a temporary license shall automatically be placed on inactive status by the Mississippi Real Estate Commission.

If the holder of the temporary license does not complete the course and have his permanent license issued within one (1) year following the first day of the month after its issuance, the temporary license shall automatically expire and lapse.

COURSE GOAL

The primary goal of this course is to substantiate for licensees those responsibilities of which they must be fully informed and aware when dealing in a business relationship with each other and the public.

COURSE POLICIES AND PROCEDURES

Registration Policies

  • Registrations are not confirmed without valid payment in full.
  • Payment may be made by cash, money order, Visa or MasterCard.
  • Registrations may be taken over the phone if a credit card is used.
  • Refunds will be issued only for cancellations received at least three business days prior to the start of the class, however, a cancellation fee of $30.00 will be assessed.
  • You will not receive your Certificate of Completion until all fees are paid in full.

Attendance

Mississippi Real Estate License Law requires that you complete 30 hours of instruction to receive a certificate of completion for post-licensing, 60 hours for pre-licensing and 16 hours of continuing education every two years.

  • If your incomplete modules cause you to drop below the required hours, you will be required to make up those hours.
  • Hours missed must be made up in the same topic missed.
  • Students are not allowed to sign-in or take the course for other students under any circumstances.
  • Hours are recorded.
  • All exams must be passed with a minimum grade of 70% before proceeding forward.

 

Assessment Policies:

  • A pre-exam is taken by learners to make sure they are computer literate, have the equipment needed at hand and are self-determined to finish an online course.
  • Each module has a section exam.
  • At the end of the course, there is a general final exam.
  • Students cannot proceed without obtaining a minimum of 70% pass rate.
  • Interaction with an instructor will be mandatory before the certification of completion is issued.

Criteria for successful completion of the course:

  • Each lesson’s directions must be followed.
  • At the end of each module, students must pass an exam to be able to forward to the next module. (75% or higher)
  • Upon successful completion of all modules, a student will have earned the Certificate of Completion.
  • Each exam will be either multiple choices, true or false or open-ended questions.
  • Forum interaction will be checked and approved by the instructor before the certification of completion is issued.

Course Participation:

Students are required to join the forum or contact your instructor through facebook, messaging or telephone and to respond to other students at least three times during this course.

School Refund Policies

  • Registrations are not confirmed without valid payment in full.
  • Payment may be made by money order, Visa or MasterCard.
  • Registrations may be taken over the phone if a credit card is used or money order is to be delivered.
  • Refunds will be issued only for cancellations as long as no modules have been assessed.
  • You will not receive your Certificate of Completion until all fees are paid in full.

Instructor and Course Evaluations

You will be provided an instructor and course evaluation form. Prior to completing the course, please fill in the information required at the top of each form and evaluate the instructor.  Certification of completion will not be issued until the evaluation is completed.

Notification of Exam Results

Students who pass the RETI exams will be notified with a Certificate of Completion within ten days after completion of the course.

Certificates of Completion (Please Read Carefully)Upon passing the course, you will receive a Certificate of Completion. The student will receive an original certificate suitable for framing and a certified copy that should be submitted to the Mississippi Real Estate Commission (MREC).Forum interaction will be checked and approved by the instructor before the certification of completion is issued.

Instructor:  Leslie Clauson, CDEI, DREI

Instructor: Hollye Granier, CDEI

Instructor: Glenn Stewart, CDEI

228-354-8585

information@msrealtycourses.com

Instructor Response  Time

Please allow the instructor 24 hours to respond.

Office Hours: 9 AM to 4 PM

We are committed to making our website as accessible as possible to people with special needs, including those with visual, hearing, cognitive and motor impairments. We’re constantly working towards improving the accessibility of our website to ensure we provide equal access to all of our users.

We always make sure that our website follows accessibility best practices by following the principles of universal design. This ensures the site is flexible and adaptable to different users’ needs or preferences and is accessible through a variety of different technologies, including mobile devices or assistive technologies.

Web Content Accessibility Guidelines (WCAG) 2.1

Wherever possible, our site site will adhere to level AA of the Web Content Accessibility Guidelines (WCAG 2.1).

These guidelines outline four main principles that state that sites should be:

Perceivable – Information and user interface components must be presentable to users in ways they can perceive

Operable – User interface components and navigation must be operable

Understandable – Information and the operation of user interface must be understandable

Robust – Content must be robust enough that it can be interpreted reliably by a wide variety of user agents, including assistive technologies

 Accessibility Toolbar

This website uses Accessibility Enabler toolbar to allow users to customise the accessibility settings based on their needs. This tool helps user with access needs to adjust any web page so that it can be consumed irrespective of disability of the user

You can refer to Accessibility Enabler user guide here to know more.

 Give Us Your Feedback

We are committed to providing an accessible service.

If you experience problems or have any suggestions for improvement please get in touch with us.  We do continuous improvement based on your feedback.

Phone : 228-354-8585

Email : reti.clauson@gmail.com

[contact-form][contact-field label=”Name” type=”name” required=”true” /][contact-field label=”Email” type=”email” required=”true” /][contact-field label=”Website” type=”url” /][contact-field label=”Message” type=”textarea” /][/contact-form]

We try to respond to feedback within 3 business days.

Computer Hardware Needed For This Course

Please use Internet Explorer 9+ and the latest versions of Firefox, Safari. and Chrome.

Our site will work on any operating system.

A high-speed Internet connection with a connection speed of 1.5 MB/s or better is advised.

Speakers/Headphones and Microphone.

Operating Systems:

Microsoft® Windows 7 or higher

Apple® MacOSx 10.9 or higher

Mobile Devices

Students are required to have access to a PC or Mac but may use a mobile device such as a phone or tablet as a secondary means of access.

Access to website functionality and required course materials may be limited on mobile devices.

For Technical Assistance:228-354-8585

information@msrealtycourses.com

Students can contact the school on Monday through Friday9:00 AM to 4:00 PM

There are two direct message systems available on the learner’s course desktop.  System on webpage communication is “Contact Instructor” the second is an instant MESSENGER to Facebook. Please give the instructor 24 hours to return the message.

1. Name:

2. Email Address:

3. Phone:

4. I certify under penalty of forgery that I am the person taking this course.

I certify under penalty of perjury that I will not give access to anyone to complete this course for me.

I certify under penalty of perjury that I understand copyright laws and will not supply this copyrighted material to anyone.

I certify under penalty of perjury that I understand copyright laws and will not violate copyright laws.

For Your Information:

Copyright Laws of the United States 

 

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