Class 3 CE Webinar


13 Feb

Escrow Rules and Regulations - How to Stay out of Trouble

Escrow Rules and Regulations - How to Stay out of Trouble

Monday, February 13, 2023 (1:00 PM to 4:00 PM)
3.00 CE Hours
Orlando Regional Realtor Association, Orlando, Florida 3CE Credit Class, Escrow, Florida Realtors, In-Person, Specialty Credits

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Escrow Rules and Regulations - How to Stay out of Trouble (3 CE)
Member Price:  $10
Instructor:  Cynthia Deluca

Location:  In-person at the  Orlando Regional Realtor Association (ORRA).

As REALTORS®we handle escrow anytime we handle money that doesn’t belong to us. This can include sales contract deposits, rent, security deposits, advanced rents or maintenance money for repairs. Learn how to handle other people’s money within the law.

Objectives: After taking this class students will be able to:
- Understand the difference between escrow funds and other funds
- List the options of who can hold escrow
- Explain why a broker would or would not want to hold escrow
- Utilize company money within escrow accounts
- Explain the time requirements for escrow deposits
- Understand the time requirements for escrow deposit receipts
- How to handle worthless checks
- Escrow Account reconciliation
- Software that can help you manage an escrow account
- What to expect during an escrow account audit

ATTENDANCE POLICY:
1. FREC requires that licensees attend 90% of instructional class time. Physical presence is required.
2. CE credit will not be awarded to students who miss more than 15 minutes of instructional time. Please allow adequate commute time. No exceptions.
3. All students MUST sign-in and out to receive CE credit.
4. Electronic note-taking is permitted on silent devices, only. Cell phone use is permitted during designated breaks.

ACCESSIBILITY:
ORRA will make every effort to ensure that onsite programs are accessible to all. Call 407-513-7268 to provide advance notice to staff regarding need of assistance.

CANCELLATION/NO-SHOWS:
Cancellations not received within two (2) days prior to class start time will result in the forfeiture of the registration fee. Cancellations can be made through ORRA’s Professional Development Department at 407.513.7268 or email at education@orlandorealtors.org.

Orlando Regional Realtor Association
Orlando Regional Realtor Association
1330 Lee Rd
Orlando, FL 32810

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DeLuca, Cynthia

Cynthia DeLuca was born and raised in DeLand, Florida. After completing a simultaneous closing on her own residence, all with a 1 year old and a 2 week old baby, Cynthia thought real estate looked fun and easy. (Yeah, right). She decided to leave her stressful advertising career and make the change to the real estate profession, all hoping to leave the deadlines and long hours at the office behind her.

Cynthia managed over 100 agents throughout 6 offices as the broker and owner of the largest independent real estate company in Central Florida. In 2016 she sold her company to ERA Grizzard Real Estate, one of the top 350 real estate companies in the nation. She then assumed the role as their Director of Education. She became an instructor in 2002, has written multiple CE and GRI courses for several states and has spoken at several state and national events, including the National Association of REALTORS®.

Cynthia has been featured in both Florida Realtor® Magazine and the National Realtor® Magazine. She has received the prestigious Florida Realtors Educator of the Year award along with the Orlando Regional Realtor Association's Educator of the Year award. The youngest of 6, Cynthia is married with four children.

Cynthia's passion is property management and investment properties. In her spare time, she collects rental properties and visits her favorite hangout, Lowe's.

For more information, please visit: http://www.CynthiaDeLuca.com.

CANCELLATION/NO-SHOWS:
Cancellations not received within two (2) days prior to class start time will result in the forfeiture of the registration fee. Cancellations can be made through ORRA’s Professional Development Department at 407.513.7268 or email at education@orlandorealtors.org.