Keeping it Honest: Understanding Real Estate and Mortgage Fraud
Fraud has become a major issue in the industry. Lawbreakers use real estate as a vehicle to steal the life savings of unsuspecting homeowners and defraud lenders out of millions of dollars for their own gain. Federal, state, and local governments have taken steps to combat real estate fraud, but it remains a major problem—one you need to have a solid understanding of to ensure you're able to shield your clients and yourself from being defrauded or unknowingly committing fraud.
Keeping It Honest: Understanding Real Estate and Mortgage Fraud has been updated to discuss the latest fraudulent schemes and explain recent government initiatives aimed at stopping fraud and protecting consumers.
Course Highlights:
- Fraud and its impact on the real estate industry
- The newest and most prevalent types of fraudulent schemes
- Red flag behaviors that suggest someone is engaging in fraud
- How to report fraudulent or suspected fraudulent activities to the proper authorities
- Key government initiatives aimed at stopping fraud and protecting consumers
- Activities and scenarios to provide real-world context for course content
State Requirements For Colorado
Colorado State Requirement Details for Real Estate Broker Continuing Education
Renewal Date: After initial license expires (December 31st of the year in which it was issued), license renews on a 3-year cycle beginning on January 1st of year one and expiring on December 31st of year three
Hours Required by the State: 24 hours
- 12 hours of 4-hour Annual Commission Update Course (completed once each year)
- 12 hours of elective courses
Note: An initial broker's license expires at midnight on December 31st of the year in which it was issued. During that initial licensure period, the newly licensed broker will not have to complete any continuing education. After that initial license period, the active licensee will then be on a three-year license cycle and must complete 24 hours of continuing education within that licensing cycle.
Colorado Division of Real Estate
Street Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Mailing Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Telephone: (800) 886-7675