Understanding Commercial Transactions
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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: $300 / Non-Members: $419
Key:
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