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

    Credit is pending in certain 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