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"Managing Trust Accounts, Trust Funds, Security Deposits!" Georgia License Law & Rules - 3 Hours - CE Peachtree Corners

Cathy McDaniel

Friday, October 11, 2019 from 10:00 AM to 1:00 PM (EDT)

"Managing Trust Accounts, Trust Funds, Security...

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Ticket Type Sales End Price Fee Quantity
How should a broker account for trust funds?
Sound business practices should dictate the method and extent of this accounting. This course will cover all the law and rules to be successful in handling other people's money!
Oct 11, 2019 $20.00 $2.29

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Managing Trust Accounts, Trust Funds, Security Deposits
Georgia License Law & Rules
3 Hour CE Credits

Millions of dollars flow through the hands of real estate brokers while serving clients, making the handling of earnest money and security deposits of client funds one of the most significant fiduciary obligations of brokerages to their clients. 

The license law requires brokers who accept trust funds and security deposits to account for each deposit and the subsequent disbursements from that deposit. Sound business practices should dictate the method and extent of this accounting.  

It is the responsibility of brokers and agents to make sure they are following the most current version of rules, research and check for updates to any references to rules or statutes. Let’s talk about: 

The Georgia Real Estate Commission established trust accounting standards:

 

  • Rule 520-1-.08 “Managing Trust Accounts and Trust Funds”
  • License Law: 43-40-20, “Trust or Escrow Check Account for Real Estate Business”
  • License Law: 43-40-21 “Violations Involving Real Estate Accounts”
  • Earnest Money Disbursement - Entitlement to Earnest Money & Security Deposit
  • Rule 520-1-14 Citations – “Violations and penalties


My CE Class, LLC | #5914 | 3 Hour In Class | Continuing Education Course 
www.classeswithCathyMcDaniel.com     

Have questions about "Managing Trust Accounts, Trust Funds, Security Deposits!" Georgia License Law & Rules - 3 Hours - CE Peachtree Corners? Contact Cathy McDaniel

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When & Where


Atlanta Training Campus
5651 Smithpointe Drive, Bldg. B.
Peachtree Corners, GA 30092

Friday, October 11, 2019 from 10:00 AM to 1:00 PM (EDT)


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Organizer

Cathy McDaniel

Cathy McDaniel is the author of A Road Map To Saving Your Home" which is available at the National Association of REALTORS bookshelf. Cathy has just released her current book “The Route to Homeownership” Generational Differences in Home Buying

Being in the real estate and mortgage industry since 1993 she opened "My CE Class, LLC" in 2007, a real estate school approved by the Georgia Real Estate Commission. Cathy has conducted over 2,000 live continuing education classes, authored 150+ training manuals and has met and trained more than 100,000 real estate professionals throughout 23 states since 2007. She is licensed as a continuing education instructor at many real estate boards and associations across the country. 

Cathy is recognized as an industry expert in homeownership and received from Georgia Real Estate Educators Association the 2016 “Outstanding New Program Course” and the 2008 “Educator of the Year. Today she serves as the Administrator for the new Atlanta Training Campus a divison of the Atlanta Maxim Realty International. She has a partnership with Barney Fletcher Schools, OnCourse Learning and D.R. Horton Communities, and many others which allows her to offer free classes and community events. Today she serves as the Director of Education at Atlanta Training Campus, and the 2019 Membership Director for Georgia Real Estate Educators Association.

Cathy's new home for continuing education, certificate and designation courses will be sponsored held at The Atlanta Training Center, 6251 Smithpointe Drive, Bldg. B. Peachtree Corners, GA 30092. The campus will offer training for real estate practitioniers, mortgage and insurance industry.

Visit:  www.classeswithcathymcdaniel.com for course descriptions, dates and locations. 

To predict the future you must create it ...Cathy McDaniel 

 Cathy's Motto:  "Autograph Your Work With Excellence!" 

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