01 Mar PLE - Real Estate Escrow Management, 03/01/2023 PLE - Real Estate Escrow Management, 03/01/2023 Wednesday, March 1, 2023 (12:00 PM to 3:00 PM) 3 Hours PLE Escrow Management CE Hours DAAR, Ashburn, Virginia PLE, PLE - Escrow Management Details You're Registered! DescriptionLocationInstructorsCancellation Policy This course focuses on the responsibility that a licensee has for caring for other people’s money when assisting them in real estate matters. Consumers must have absolute trust and confidence in their agent knowing that their funds are safe when tendering over thousands of dollars in the course of a real estate transaction. Laws and regulations are in place to ensure that a consumer’s money is properly handled and if not, the penalties facing a licensee for mismanagement of those funds. The course will cover the Virginia Real Estate Board Rules and Regulations and the Code of Virginia that addresses Escrow and Trust funds and review some of the disciplinary actions taken against a licensee for mismanagement of those funds. Licensees will learn how to properly handle funds coming into their possession, where those funds must be placed, when, how, and under what circumstances those funds may ultimately be disbursed. Covered will be who has the authority and the responsibility for those escrow/trust funds and the penalties for mismanagement of those funds. Licensees will also learn what actions constitute commingling and conversion. The course will cover how to handle monies coming into a licensee’s possession for sales, rentals and property management transactions. **Please come prepared with a laptop/iPad/Smartphone to view materials from the link that is sent in reminders. DAAR DAAR21720 Red Rum DrAshburn, VA 20147 Map & Directions Allan Marteney Allan Marteney is a native of the Washington, D.C. area and has held a real estate license since 1978. He is now celebrating 40 years as a full time professional in his field.He obtained his broker’s license in 1986 and has vast sales and management experience plus exceptional knowledge of the local real estate industry. Allan has over 3 decades of teaching experience instructing in Virginia, West Virginia, Maryland and Washington, D.C. and has developed numerous courses for various state approvals and has served many times as a course reviewer for a major publishing company.He has taught pre and post license real estate courses as well as new and advanced agent training to thousands of students in the Washington metropolitan area and helped several local real estate firms develop their training programs.His professional teaching manner is both informative and entertaining. Outside of the classroom, Allan has over 20 years of real estate management experience and owned and operated a multi office DC area Real Estate firm and has received numerous industry awards and recognition.He currently holds the professional designation GRI. Cancellations & cancellation requests for paid education will be accepted through 12:00 p.m. three business days preceding each class and a full refund will be issued.Cancellations after the deadline will incur a $5 processing fee with the exception of Designation/Certification and Specialty courses. Designation/Certification, and Specialty courses will be refunded 50% of the registration fee.No Shows will forfeit class registration fee.Click here for DAAR's full school policies.