Escrow Requirements & Earnest Money Deposits (Virtual)

Description

Instructor: Keith Smith, GRI®, AHWD, PSA

CE: 3 hrs Real Estate Related
PLE: 3 hrs Escrow Requirements
BCE: 3 hrs Broker Management

This class satisfies the Virginia requirement that all first-year real estate licensees complete 3 hours of Escrow Requirement education prior to license renewal. In this class, you will learn the proper procedures for:

• Handling, depositing and documenting of earnest money deposits 
• Resolution of disputes involving escrowed deposits 
• Requirements for the release of held deposits 
• Reporting requirements for escrow violations and penalties