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Risk Management: From Signed to Sold

$50
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective: 0 Risk Management: 3 Total Hours: 3
Description
State Requirements

Alabama license law provides a firm foundation for a successful real estate practice, so this course focuses on the key tenets of that law, including the Real Estate Consumers Agency and Disclosure Act (RECAD). In addition to reviewing RECAD, this course provides a breakdown of issues that consistently confuse licensees and consumers alike, including establishing agency, disclosures, contingencies, and post-closing duties.

This three-hour course provides licensees with a review of areas of risk from the time a real estate offer is accepted to the signing of closing documents and the importance of educating buyers and sellers throughout each step of the transaction.

Course highlights include:

  • Real Estate Consumers Agency and Disclosure Act (RECAD) disclosures
  • Real Estate Brokerage Services Disclosure form
  • Presentation of offers and counteroffers
  • Determining acceptance of an offer
  • Handling earnest money
  • Contingencies and clauses in purchase agreements
  • “As Is” properties and caveat emptor exceptions
  • Insurance, title issues, and other surprises
  • Closing and post-closing issues
  • Document retention after closing
  • Qualifying broker responsibilities and risk management practices
  • Case studies, scenarios and interactions offering realistic problem-solving and decision point opportunities
Package Content:

State Requirements For Alabama

Alabama State Requirement Details for Real Estate Continuing Education

Renewal Date: 8/31 every even-numbered year

CE Due Date: 9/30 every even-numbered year

Hours Required: 15 hours every 24 months including 3 mandatory hours in Risk Management

  • 3 hours – Mandatory hours
  • 12 hours – Elective hours

The CE Shop’s Offering: 15 hours

  • 3 mandatory hours
  • 12 elective hours

The CE Shop is an approved provider in Alabama.

Provider Approval Number: 96000

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion. Students may verify reported credits through the Commission website using thes state's CMAP instructions. 

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Passing a final exam is not required to receive continuing education credit in Alabama, therefore our system is set up so that final exams can be passed with a 0% passing score.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

 

Alabama Real Estate Commission

Street Address: 1201 Carmichael Way, Montgomery, AL 36106

Telephone: 334.242.5544

Fax: 334.270.9118

License Information

Renewal and Continuing Education Information

Exam Information

Contact the Alabama Real Estate Commission