Pam Strickland's Compliance Consulting
Pam Strickland offers confidential, affordable, compliance consulting for California brokers on State and Federal laws, rules and regulations impacting the Real Estate industry (including mortgage, property management and escrow companies). Contact Pam today (pam@pamstrickland.com) to arrange a consultation for your company. NOTE: Since theCOVID-19 pandemic, all consultations are being handled remotely. The DRE is also auditing most companies remotely, and this has been working very well.
Topics to be covered include (as applicable):
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How to Survive an Audit - Step by Step
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Trust Accounts
Daily Balancing
Monthly Reconciliation
Quarterly Status Report
Proper Contracts for Withdrawals
Correct Signature Cards
Pass-Through Ledger
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Disclosures
When and What to Use and How to Complete
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Advertising
State and Federal Requirements
California Disclosures
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Licensing
Proper Contracts and Record Keeping
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2725 Supervision Requirements
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RESPA
Referrals and Kickbacks (Fines and Prison Time Possible!)
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Threshold Reporting Requirements
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Retention of Files
What to Keep/What to Destroy
How Long to Retain/Where to Store
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How to Stay Both Legal and Profitable
