MONTANA Real Estate CE, Mortgage CE and Professional Development
Montana Real estate license continuing education-MCE
Requirements for license renewal-- Brokerage and Sales
Montana statute requires that real estate licensees attend 12 hours of continuing education each calendar year. The Board of Realty Regulation issues licenses and monitors compliance with the education requirement. Each year they determine the areas of training for which relicensing credits will be issued. A minimum of four hours must be taken from the topics specified as 'mandatory' and other courses may be selected from the topics specified as 'elective.'
Licensees may carry over a maximum of 6 credit hours to the next calendar year. All carry-over credits, whether initially from the mandatory or elective category, will be considered elective credits.
It is the licensees' responsibility to retain their certificates and maintain their own record of credits taken. Neither the Board of Realty Regulation nor the Missoula County Association of REALTORS®, Inc. maintains records of education courses taken by licensees.
PLEASE NOTE: The above Requirements are subject to change.
Always check your state's requirements
Montana 12 Hour CE Package #1
Montana 12 Hour CE Package #2
1031 Exchanges (Mandatory)
Asset Management (Elective)
Real Estate Appraisal
Environmental Hazards
Real Estate Finance
Closings and Settlement Costs
Contracts, Purchase & Sales (Mandatory)
Tax-Favorable Real Estate Transactions
(Mandatory)
Property Management 4 Hrs Mandatory
Fair Housing (Mandatory)
Code of Ethics (Mandatory)
Gramm Leach Bliley Act 1.0
Business Writing 3.0
Fair Housing 3.0
Understanding an Appraiser's Role 3.0
Estate Planning - Basic 3.0
Estate Planning - Advanced 3.0
Managing Corporate Records 3.0
Wills and Trusts 3.0
1031 Exchanges 6.0
Fundamentals of Mortgage Lending 15.0
Sales Negotiations Package 19.0
Gramm Leach Bliley Act 1.0
Creating Value Through Innovation 1.0
Workplace Violence 1.0
Consumer Protection Law 1.0
Managing Corporate Records 1.0
Evaluating Financial Performance 2.0
Dealing with Conflict and Confrontation 2.0
Dealing with Difficult People 2.0
Qualified Retirement Plans and IRAs 2.0
Anti-Money Laundering 2.0
Capital Budgeting Analysis 2.0
Qualified Retirement Plans and IRAs 2.0
The Management of Capital 2.0
RESPA 2.0
Understanding Economic Components 3.0
Asset Management 3.0
Commercial General Liability Insurance 3.0
Business Writing 3.0
Understanding an Appraiser's Role 3.0
Wills and Trusts 3.0
Appraisal Basics for Real Estate Agents 3.0
Estate Planning - Advanced 3.0
Estate Planning - Basic 3.0
Fair Housing 3.0
Introduction to Commercial Real Estate 3.0
Analyzing Financial Statements Advanced 3.0
Understanding Securities Trading 3.0
Annuities 3.0
Arbitration and Mediation 3.0
Corporate Pension Plans 3.0
Investment Analysis 3.0
Investment Risk and Policy 3.0
Life, Health, Disability and Long Term Care 4.0
Prospecting, Selling & Closing 4.0
1031 Exchanges 4.0
Margin Accounts 5.0
Understanding Different Types of Security Investments
Equities 5.0
Creating Value Through Financial Management 6.0
Introduction to Property and Casualty
and the Insurance Contract 6.0
Employment Law 6.0
Estimating the Gross Living Area 6.0
Agency Operations 6.0
Negotiations- Reading People 6.0
Understanding the Rules of NASD 6.0
Negotiations- Effective Communication 6.0
Negotiations- Negotiations 7.0
Property Insurance 8.0
Building a Real Estate Practice 30.0
Sample Course Descriptions
1031 Exchanges (Mandatory)
The objective of this course is to enlighten the participant in the many important aspects of Internal Revenue Code Section 1031. The course will focus on the benefits of the §1031 exchange for the investor, licensed real estate agent/broker and other parties to the transaction. Participants will learn exactly what qualifies under Section 1031 and, furthermore, how to utilize the various types of §1031 exchange formats to enhance their clients' position in the investment real estate market. Real-life examples will be used to illustrate the important procedural issues as well as the IRS Rules and Regulations.
Approved Course Number(s):
09RR0083
Montana 12 Hour CE Package #1
APPROVED FOR: 12 HOURS CE CREDIT
The package includes the following courses:
- Contracts, Purchase & Sales (Mandatory)
- Tax-Favorable Real Estate Transactions (Mandatory)
Fair Housing (Mandatory)
This course is designed to increase your knowledge of federal and state fair housing laws and related civil rights and anti-discrimination laws that affect real property transactions. All real estate licensees need to understand who is protected by the fair housing laws, what acts are prohibited by these, and how the fair housing laws are enforced. The more knowledgeable you are about fair housing, the less likely you will be to commit fair housing violations. Course topics covered in this course include transactions covered by the law, discrimination, HUD advertising guidelines, equal housing opportunity, the equal credit opportunity act and the Americans with Disabilities Act.
Contracts, Purchase & Sales (Mandatory)
Agreement is an essential component in the legal transference of ownership. In real estate, contracts are the instruments by which agreements are reached for the conveyance of property. Whether a salesperson is promising to sell a property within a specified period of time, a prospective buyer is placing an offer on a house or a seller is considering an offer on property, some type of contract is involved. In this Contracts course, the student learns about the types of general contracts as well as the different kinds of real estate contracts. The module begins by providing the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds. This course will introduce the student to two of the three factors that create a contract: offers and acceptances. When there is an offer and acceptance, the parties can either perform their respective parts of the contract or breach the contract by not fulfilling their obligations. Then we will discuss the third component of a legally binding and enforceable contract—performance. There are four basic types of contracts in real estate: sales contracts, option agreements, contract for deeds and leases; these types of contracts being those that deal in the governance of the real estate industry which, as a real estate professional, the student should be familiar with.
Tax-Favorable Real Estate Transactions (Mandatory)
The objective of this course is to teach real estate professionals how they can help their clients with the process of buying and selling property on a tax-favorable basis. In accordance with TREC rules Sections 535.71 and 535.72D, the first two lessons of the course seek to provide a method of real estate purchase using pretax dollars and of growing the estate within a qualified product. We will discuss the application of current tax advantages of using both qualified and non-qualified tax products such as IRAs, SEP IRA, 401k, Roth IRAs and charitable gift annuities. The use of these applications will provide the real estate professional with the opportunity to create a long standing and profitable relationship with his or her clients, as well as attracting a more sophisticated investor wishing to find an alternative to 1031 exchanges. The student will learn which properties qualify under Section 1031 and how to use the various types of 1031 exchanges to enhance the client's position in the investment real estate market. The concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of tax-favorable real estate transactions and how they fit into the larger practice of real estate. The last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
Property Insurance
This course is designed to encompass key issues in property insurance. The main focus is divided into four parts: property insurance, commercial property insurance, homeowner’s insurance, and dwelling.
It looks at the various coverages available and defines what is covered under those plans.
LEARNING OBJECTIVES:
• Learn about property insurance by focusing on property insurance, commercial property insurance, homeowners insurance, and dwelling
• Familiarize the student with the different types of policies available and discuss the details of each
• Learn about the different types of property and what property is covered
• Discuss the different policies including aspects of exclusions, limitations, and conditions
• Learn about perils, both insured and excluded
TOPICS COVERED:
Introduction
- LESSON 1: Property Insurance
- LESSON 2: Commercial Property Insurance
- LESSON 3: Homeowners Insurance
REGULATORY REQUIREMENT:
Please see the state/regulatory requirement from the course catalog page.
Montana Real estate continuing ed (CE) classes, montana mortgage ce classes and real estate professional development online classes. Includes real estate mandatory classes,real estate finance and fundamentals of mortgage lending