|Mortgage Fraud Finds New Paths in Real Estate||3.00|
3 Elective Hours
Mortgage fraud has been defined as a material misrepresentation or omission made in a mortgage loan document, or an oral statement made to induce the lenders to make a loan they might not otherwise make. As you’ll see in this course, that simple definition plays out deceptively in some very clever mortgage schemes and scams.
3 Elective Hours
Continuing Education Requirements
Licensees are required to complete 20 hours of approved continuing education courses for each two-year license period (January 1 of odd-numbered years through December 31 of even-numbered years), also referred to as the licensing biennium.
Licensees intending to renew their license on an active status by the renewal deadline of November 30 (even-numbered years) must complete 20 hours of approved continuing education courses during the biennium. The required continuing education hours include the commission designated core courses, which are offered in a two-part format (Core A and Core B), and the remaining courses as elective credit hours. Visit the Hawaii Real Estate Commission website for more information about continuing education requirements.
Continuing Ed Express automatically submits course completion information to the Department of Commerce and Consumer Affairs. Licensees will receive certificates marked “elective” for elective courses and “core” for core courses after they complete each course.
BEFORE you purchase a course, check your continuing education history on the Hawaii Online Real Estate Continuing Education website to make sure you can receive continuing education credit for each course. According to Hawaii Administrative Rules, S 16-99-95 Duplicate continuing education hours: “Except as provided by the commission or by this subchapter, a licensee shall not take a continuing education course for which the licensee has already received a certificate within two consecutive biennia.”
Need to get your real estate license? See our Hawaii Pre-License information.