NMLS CE Renewal
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Client Trust Funds and Accounts

$18.00  |  3 Hours

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Client Trust Funds and Accounts

Course ID: 1038-1060

Credit Hours Provided: 3

Category: Principal Broker or Property Manager Clients' Trust Accounts

View Course Syllabus

This course is designed to give the licensee a comprehensive understanding of Oregon law relating to the handling of client trust funds. The concept of trust funds is discussed 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. Particular attention is placed on trust fund violations relating to commingling and trust fund conversion.

A detailed discussion of the various types of permitted trust fund accounting records is presented along with suggested good record keeping procedures.

Since the majority of REA audit violations relate to trust funds, a great deal of attention is focused on the REA audit and the possible penalties for violation of the Oregon Real Estate Law and the Commissioner's Regulations relating to trust funds.

Finally, the student is presented with a series of trust fund transactions in the form of a case study. The case study outlines the various steps in properly recording the trust fund transactions and demonstrates how the transactions are entered on the columnar system forms. Once a student has completed this course, a working knowledge of trust fund handling and record keeping requirements will assist the student in staying in compliance with the Oregon trust funds laws.

Course Content

This course is divided into four chapters. A quiz appears at the end of each chapter. An optional final exam of 15 questions is available at the end of the course. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.

This course will remain available to students for 730 days after enrollment.

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Key Features
Online Course
All learning is online. Start immediately. Learn on your own schedule.
Online Audio
Computerized read-along audio plays the course text back to you.
Printable Certificate
Download and print your own certificate.
PDF & EPUB eBook
Includes PDF/EPUB eBook of all reading material for your phone, tablet, or Kindle.
Package Summary
Price: $18.00 (USD)
Credit Hours: 3
State: Oregon
Category: Vocational Training > Real Estate > Continuing Education > Oregon > Principal Broker or Property Manager Clients' Trust Accounts
Course Provider

OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278

mail@onlineed.com

Our Mission Statement

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.

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