Revei Company Policy Page

REAL ESTATE VIDEO EDUCATIONAL INSTITUTE, INC.

DRE SPONSOR No. 2473

1407 N. Batavia St. #220

Orange, CA 92867

Phone: 800-582-7979 – Fax: 714-660-5706

GENERAL INFORMATION PAGE FOR OUR CORRESPONDENCE COURSES

ALL BOOKLETS FOR REVEI USE ONLY

COURSES

Legal and Marketing – Part 1 (12 Hours) – Booklet Pages: 27,57,37,24

Description: This course provides information on the multitude of legal issues pertaining to the real estate industry by examining case law through history. Subjects covered include: Arbitration & Mediation, Licensee Legal Issues, Lender & Loan Legal Issues, Extraordinary Legal Issues.

Course Category: CP – Consumer Protection

Author: Rick Gould, Joel Carlson

Legal and Marketing – Part 2 (15 Hours) – Booklet Pages: 32,36,39,22,37

Description: This course provides information on the multitude of legal issues pertaining to the real estate industry by examining case law through history. Subjects covered include: Probate, Foreclosure, Full Disclosure, Real Estate Purchase Agreements, and Environmental Hazards.

Course Category: CP – Consumer Protection

Author: Rick Gould, Joel Carlson

Ethics (3 Hours) - Booklet Pages: 29

Description: This course assists real estate licensees in gaining clarity in what is meant in the real estate profession by the word ethics and how that differs from real estate law. Ethics usually holds licensees at a higher standard.

Course Category: E – Ethics

Author: Rick Gould, Joel Carlson, Ted Highland

Agency (3 Hours) - Booklet Pages: 30

Description: This course is designed to provide the real estate licensee with knowledge of the laws pertaining to the relationship between the real estate licensee, other real estate licensees and the principals.

Course Category: A – Agency

Author: Rick Gould, Joel Carlson, Ted Highland

Fair Housing (3 Hours)- Booklet Pages: 30

Description: This course is designed to provide real estate licensees with knowledge of both federal and state laws that are intended to provide the widest possible housing opportunities to the widest number of people.

Course Category: F – Fair Housing

Author: Rick Gould, Joel Carlson, Ted Highland

Trust Fund (3 Hours) - Booklet Pages: 30

Description: The licensee owes a fiduciary duty to handle, control, and account for trust funds in a proper manner. This course covers the legal requirements for receiving and handling trust funds in real estate transactions.

Course Category: T – Trust Fund Handling

Author: Rick Gould, Joel Carlson, Ted Highland

Risk Management (3 Hours) - Booklet Pages: 30

Description: This course will provide the student with knowledge of the principles, practices and procedures calculated to avoid errors and omissions in the practice of real estate licensed activities, and the ability to recognize and resolve issues and appropriately handle situations that most frequently result in litigation.

Course Category: RM – Risk Management

Author: Rick Gould, Joel Carlson

Broker Management & Supervision (3 Hours) – Booklet Pages: 30

Description:This course provides the student the necessary background, regulations, and practices regarding the proper acts of a supervising broker as it pertains to office supervision, supervision over advertising, and prohibiting discrimination.

Course Catergory: MS – Management and Supervision

Author:Rick Gould, Brett Smith, Shane Hunter

COST:  $ 85.00 – Full Package 

$ 20.00 – Legal & Marketing Part 1

$ 20.00 – Legal & Marketing Part 2

$ 15.00 each – Ethics, Agency, Fair Housing, Trust Fund, Risk Management, Broker Management & Supervision

Plus $5-$10 shipping/handling fee

REFUND POLICY:  Cancellation – A student may terminate enrollment by mailing such notice by 

CERTIFIED MAIL. The effective date of cancellation is the date postmarked.  Any refunds due will be made by the school within 30 days.  Materials – Initial correspondence course materials shall be sent to the student within five (5) working days following receipt of the student’s enrollment, or the student may rescind the contract and shall be entitled to full refund of all monies paid.  At any time during the enrollment period, this institution shall, upon written request, send all course materials paid for but not received.  Such act will constitute full settlement of the school’s obligation except for Five-Day Full Refund Period.  An enrollee may cancel enrollment within five working days following receipt of course materials and receive a refund of all monies paid, including registration and material fees, provided all materials are returned in an unused condition.  Shipping costs may be deducted from the refund.

COURSE CONTENT / TIME LIMITS:  The home study course consists of spending a minimum of 45 hours reading and studying the course material, and passing a final exam for each course, there are 8 courses total. The final examinations can not be completed in less than 6 days from the date the student has had access to the course materials.  The maximum time students have to complete a course is one year from the date of registration.  If students fails a final examination, they must re-enroll in the program before they can take the exams again. Re-enrollment will consist of taking the entire course again, and students must wait a minimum of another 6 days studying the course materials after they re-enroll before they can complete all the final examinations.  The re-enrollment fee will be $15.00.

INCREMENTAL ASSESSMENTS:

All courses contain incremental assessments designed to properly measure a participant’s mastery of the course content. Remediation to the student will be provided along with the students personal ID for the final examination before the final examination can be taken.

FINAL EXAMINATION:  The final exams are open-book and consist of 15 multiple choice questions each for Agency, Ethics, Fair Housing, Trust Funds, Risk Management, and Broker Management & Supervision; and 30 multiple choice questions for Legal & Marketing - Part 1 and 40 multiple choice questions for Legal & Marketing - Part 2. Students are allowed one minute per question to complete each final exam and need to score a minimum of 70% to pass. Students who fail an exam will not be permitted to take it again without re-registering in the course, and retaking the entire course that was failed. Students must also wait the appropriate amount of time during any re-enrollment. Students may not take more than 15 credit hours of testing within a 24 hour period. Therefore, to complete all 45 hours of testing, the student must spend at least 3 different days to complete the exams.  Students have a choice of taking the final exam at REVEI, with a proctor, or on the internet.  Students may contact REVEI and request a convenient date and time for the final exam to be taken at REVEI.  For proctored exams, students may contact REVEI and request a convenient location, date and time for the final exam, REVEI will select an appropriate test administrator that will properly administer the exams (refer to DRE Article 25 Section 3007.3(h)).

Students taking the final exams on-line will be issued a unique username and password.  Internet final exams can not be printed or downloaded; and the exams will automatically time-out at one minute per question hours.  Under no circumstances shall the final exams be furnished directly to the students. Upon registration you will need to provide a valid Driver’s License ID # or other State ID # which will be checked again when you take your final exams to ensure no one else is completing your exams for you. You will also be required to swear by the penalty of perjury that you and you alone are taking the final exam.

COURSE COMPLETION CERTIFICATES/RECORDS:  Course completion certificates will be issued within 5 days of passing the final examination.  Records of course completion certificates will be maintained indefinitely to allow students to receive a duplicate certificate if needed.  

PROBLEMS/COMPLAINTS:  Persons seeking to resolve problems or complaints should contact REVEI at the address or telephone number above.

EVALUATION:  The DRE has a course and instructor evaluation available on their web site. www.dre.ca.gov. Link for RE 318A – Course & Instructor Evaluation Form: http://dre.ca.gov/files/pdf/forms/re318a.pdf

DRE Disclaimer Statement

This course is approved for continuing education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers. 

Course Provider Complaint Statement: A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov.  Access this form by typing in “RE 340” in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, “RE 340A” is also available.