What to Do When the FREC Man Cometh (3CE)

Description

Be prepared for routine office audits. Attend this informative 3 hour class and learn how to “stay out of FREC jail” and be ready when the FREC man comes knocking.

Þ What documents should be retained in transaction files

Þ Be able to “Follow the Money” throughout the transaction

Þ Review of FREC rules on escrow deposits (CH. 61J2-14 F.A.C.)

Þ Monthly reconciliation of escrow accounts

Þ Resolution of deposit disputes

Þ The FREC office audit

Þ The complaint process