Sponsor #S0643

Objective / Careers:

Pre-licensing requirement for real estate agent or real estate broker license.

Registration and Course Length:

  • This course includes several sample escrow procedures and their corresponding forms. Each chapter has a vocabulary section, since knowing the meaning of words is half the battle. Provides a step-by-step process of learning how to work through the escrow process, form-by-form.
  • The Escrows consists of spending a minimum of a 45-hours reading and studying the course text book, taking the non-graded chapter quizzes and passing a final examination.
  • The final examination can be taken a minimum of 18 days from the date the students have access to the course materials.
  • No two courses can be completed in less than five weeks.
  • It is very important that the name used when submitting materials to the school is spelled exactly the same as the name under which you will be applying for your real estate license examination.
  • The final exam can be conducted under the supervision of a proctor, or it can be completed online with positive ID verification. Please ensure your ID, camera, internet connection, and browser are ready before you take the final exam.
  • Students can take the final exam 18 days after they start the course. If a student doesn’t score at least 70% and fails the exam, they must wait 18 days before they can try one more time. If they don’t pass on their second try, they will have to take the course again.
  • The student has a minimum of 2 ½ weeks studying the course. The maximum time a student has to complete the course is 12 months from the date of registration. If the final exam is not completed within this time, the course is expired and no credit will be given toward any part. If the student does not complete the course within the one year period, the student needs to re-enroll as a new student and pay the full tuition fee.

Textbook:

An Introduction to Escrow by Walt Huber, 5th edition.

The following topics will be covered:

  1. Pre-Escrow Transaction Coordinator
  2. What is Escrow
  3. Basic Escrow Processes & the Role of Transaction Coordinator
  4. Sample One, Part One
  5. Sample One, Part Two
  6. Sample One, Part Three
  7. Sample Two, Part One
  8. Sample Two, Part Two
  9. Sample Two, Part Three
  10. Sample Three, Part One
  11. Sample Three, Part Two
  12. Exchange Escrow Sample
  13. Processing the Exchange Escrow
  14. Note and Trust Deed Escrow Sample
  15. Processing the Note and Trust Deed Escrow