ALTA Learning Center

Understanding Commercial Transactions

Understanding Commercial Transactions

  • Overview of commercial transactions in the title industry
  • Designed to assist employees to transition from residential to commercial
  • A comprehensive resource for those already working in the commercial arena
  • An extensive understanding and use of ALTA Policy Forms and endorsements
  • Self-study course with chapters and corresponding quizzes
  • Most students complete the course within two or three months - Access expires one year from the date of enrollment

Objectives:

  • Prepare the student with the fundamental processes of commercial transactions
  • Expand the knowledge base of those handling these complex transactions
  • Develop core critical skills for navigating the commercial side of the business

Certificate of Completion

  • Upon successful completion of the course, a student will be able to download a certificate of course completion. 

Continuing Education Credit

CE Requirements Approved States

Members: $249 / Non-Members: $349

Key:

Complete
Failed
Available
Locked
Chapter 1 - Understanding the Commercial Transaction
Chapter 1
Open to download resource.
Open to download resource.
Chapter 2 - Legal Descriptions
Chapter 2
Open to download resource.
Open to download resource.
Chapter 2 Appendix
Open to download resource.
Open to download resource.
Chapter 2 Quiz
15 Questions  |  2 attempts  |  11/15 points to pass
15 Questions  |  2 attempts  |  11/15 points to pass
Chapter 3 - Title Insurance Considerations
Chapter 3
Open to download resource.
Open to download resource.
Chapter 3 Quiz
8 Questions  |  2 attempts  |  6/8 points to pass
8 Questions  |  2 attempts  |  6/8 points to pass
Chapter 4 - Commercial Endorsements
Chapter 4
Open to download resource.
Open to download resource.
Chapter 4 Quiz
11 Questions  |  2 attempts  |  8/11 points to pass
11 Questions  |  2 attempts  |  8/11 points to pass
Chapter 5 - Clearing Title
Chapter 5
Open to download resource.
Open to download resource.
Chapter 5 Appendix - FIRPTA
Open to download resource.
Open to download resource.
Chapter 5 Quiz
10 Questions  |  2 attempts  |  7/10 points to pass
10 Questions  |  2 attempts  |  7/10 points to pass
Chapter 6 - Commercial Real Estate Purchase Agreement
Chapter 6
Open to download resource.
Open to download resource.
Chapter 6 Quiz
10 Questions  |  2 attempts  |  7/10 points to pass
10 Questions  |  2 attempts  |  7/10 points to pass
Chapter 7 - Commercial Escrow and Closing
Chapter 7
Open to download resource.
Open to download resource.
Chapter 7 Appendix - HUD-1
Open to download resource.
Open to download resource.
Chapter 7 Appendix - ALTA Settlement Statement
Open to download resource.
Open to download resource.
Chapter 7 Quiz
10 Questions  |  2 attempts  |  7/10 points to pass
10 Questions  |  2 attempts  |  7/10 points to pass
Chapter 8 - Recording
Chapter 8
Open to download resource.
Open to download resource.
Chapter 8 Quiz
7 Questions  |  2 attempts  |  5/7 points to pass
7 Questions  |  2 attempts  |  5/7 points to pass
Chapter 9 - Managing Expectations
Chapter 9
Open to download resource.
Open to download resource.
Chapter 9 Quiz
7 Questions  |  2 attempts  |  5/7 points to pass
7 Questions  |  2 attempts  |  5/7 points to pass
Certificate of Completion
Certificate
No credits available  |  Certificate available
No credits available  |  Certificate available