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In general, a Probate occurs when a homeowner dies without a trust and by default leaves a home to an heir. This means (in many cases) that an estate attorney or representative may need to help family members sell the property. Of course, these scenarios can vary widely which is where this course becomes valuable. For example, the first chapter examines when a Probate sale should occur.
Each of the 5 chapters in this course focuses on a specific probate-related topic. The material is presented from the real estate professional's point of view but with the experience and knowledge of seasoned probate attorney and State Bar Certified Specialist, Paul Horn.
As you progress through the course, you will discover why certain probate cases take longer (full authority vs. limited authority). This understanding will help you maximize your commission in a probate listing as well as guide you through the probate purchase process.
Registration:
Your Certificate:
After all requirements have been met (see below), students will be automatically awarded a certificate and logo for marketing purposes. These will be sent to the email attached to their www.OnlineEd.com profile. Once certified, students may add the certification logo to business cards, websites, email signatures, blogs, promotional materials, and more.
Requirements:
To earn your certificate you must complete the course and exam with a passing score.
All C.A.R. Education certifications expire 2 years from the date they were awarded and anyone who wishes to renew must retake the course. The courses are updated regularly so that new information is available to new and returning agents and members.
How you benefit from taking this course:
You will learn:
• The Purpose of Probate
• 9 exceptions to Probate
• Inventory and Appraisal
• Orders for probate and letters
• Different ways of holding title
• The sale of real property in probate
• Full authority vs. limited authority
• Which necessary legal documents are used in probate
• Factors affecting homeowner's tax obligations
• Estate taxes, Capital gain and California property taxes
• Parent-Child/Garandparent-grandchild transfer exclusion
• Change in Ownership statement – Death of a real property owner
• How homeowners' choices determine whether a probate is needed
• Various marketing techniques to assist with probate prospecting
Upon completing the final exam for the course, you will be eligible to receive a certification from C.A.R as a Probate and Trust Specialist.
Who Should Take this Course:
Real estate professionals seeking a thorough understanding of the Probate transaction and to represent sellers or buyers in probate transactions, as well as investors looking to purchase probate properties.
Instructor:
Paul Horn
Probate Process - Online Anytime