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132 B108: Escrow This course is limited to providing the student with the primary information about escrow. Methods and techniques of escrow procedure for various types of real estate transactions including the legal/ethical responsibilities engaged in escrow work. Upon its completion, the student will not be qualified as an escrow officer but will have been exposed to the terminology, documentation, related service fields, and fiduciary and ethical responsibilities involved in escrow. The student will learn how to open, execute, and close a simple escrow. The principles used in handling escrows involving land titles, including the various forms and procedures used by escrow departments of banks, title companies, and escrow firms. The students have completed the samples. This course applies toward the state's elective educational requirements for the broker's examination. Topics include: • What is Escrow? Escrow Uses and Title Issues • Parties, Documents, Contracts and Real Estate Basics • Real Estate Finance, Escrow, Title and Other Professionals • Local Variations, Contingencies, and Title Insurance • Escrow Instructions, Computerized Escrow, Other Types of Escrows and Escrow Review • Record Keeping, Preparation, Processing and Closing • Disclosure and Consumer Protection Prerequisite: None 40 Hours Lecture 4.0 Quarter Credits B109: Computer This course is designed to train the student how to operate basic computer applications for Applications in Real resources in real estate filed, for example Real Estate Listings or Current MILS Listings. Estate Student learns how to request a property valuation of your current home to getting pre - qualified for a home loan you should dedicate the time to becoming an educated consumer or consult a licensed mortgage professional for details pertaining to any and all available home loan programs. Dealing home may be the biggest transaction of everyone's life so you need to understand the process, the people involved and what to expect straight from the beginning. But while you research everything else it's always fun to take a look at the new homes available in your area. Topics include: • Computer Hardware, Software Applications, Suites, and Windows • Internet Communications Applications, Web Searches, Bookmarks, Favorites, and Associations •. Time Management, the Real Estate Assistant, Real Estate Contacts and Office Peripherals • Marketing, Advertising, and Presentations • Credit, Title, Escrow Company Operations, Real Estate Loans and Lenders • Property Management (and Commercial, Industrial Real Estate) • Appraisal and the Office of Real Estate Appraisals (DREA) • Taxation, Regulation, and Disclosures • Real Estate Investments and Construction • Trust Fund Accounting Prerequisite: None 40 Hours Lecture 4.0 Quarter Credits Date on April 4, 2023