Trust accounts in real estate require proper skills to manage them. Nebraska License Law requires that all Designated Brokers know how to account for the funds of clients and customers. This course meets the requirements for Trust Accounts as a part of the Designated Broker Post License requirements in Nebraska.
The lack of proper accountability for trust funds is a serious violation for real estate professionals. This course outlines the procedures that should be followed with regard to trust accounts so that any mistakes, even unintentional, can be avoided and keep you, and your customers & clients, protected.
This course will reivew the Nebraska Trust Accounts Manual outline all the rules and regulations regarding handling other people's money, as well as potential hazards in mishandling—and how to avoid them.
Unit 1: Background
Unit 2: Sales Accounts
Unit 3: Property Management Accounts