**ONLINE FINAL EXAMINATION:
Before reviewing any course material online, DRE requires you to
acknowledge, under penalty of perjury, that you are the person enrolled, and you will be the only person to complete
the course.
You will be required to enter your CA Driver License# or CA ID# or Passport ID NUMBER right before
taking the final exam(s) via the Examination System Login Portal, as per DRE regulations.
The minimum study time, beginning from your course enrollment date is 48 hours (two days) reading and
studying; completing the quizzes, before being able to take 5 CE Courses (the small 3 hour courses) of
the 45-hour program, ideally taking the tests in 3 sessions: Taking Agency, Ethics, Fair Housing, Trust
Funds and Risk Management as the first session; then wait 48 hours (2 days) to complete Selling Business
Opportunities Part 1 and the ‘Implicit Bias’ course exam as the second session. Waiting another 48
hours (2 days) to finish up by taking the Selling Business Opportunities Part 2, and RE
Management & Supervision exams as the third session in which after 144 hours (6 days) of registration
time may the student take his/her final exam, given the fact that all studying, and mandatory quizzes
have been completed. Same process if you enrolled in the Mortgage Lending Part 1 & 2 combo. Implicit
Bias course may be completed thereafter in the 7th day once the mandatory quizzes have been completed.
Quizzes are mandatory and available online immediately after enrollment. Quizzes are not timed and there
is no minimum passing score. You have unlimited quiz attempts. You will receive the correct answers to
the ones you missed. Once the mandatory quizzes have been completed, and you wish to take your final
exam online, you must go to the Examination System: www.RELSTONEexams.com
and log in using your DRE 8-digit license number (or password you selected when you placed your order)
and the email address you provided when you first enrolled.
During the administration of each exam, a timer is displayed to indicate to you, the student, the remaining time allowed to complete the current exam. In addition to the time, there is a display indicating the number of questions that remain unanswered at any given time. The background of the timer is green. When there are only five minutes remaining the background timer turns yellow. When there is only one-minute remaining, the background of the timer turns red, and a warning is displayed telling you, the student to submit your answers immediately. If the timer has expired, you may no longer make changes to your exam or manually submit it for grading; the exam system will capture the answers you already have made and submit them automatically for grading.
When the exam is completed and submitted, it is immediately graded, and the results are provided within seconds; letting you know how you performed. If the exam is not completed successfully, then the student may attempt to take Version B Exam (the make-up test) if the score is lower than 70% again for the 2nd time, then you, the student must Click on the Screen to Re-Enroll in the course and begin over again.
Waiting 48 hours before taking the exam again and during the 48 hours waiting period must re-read and study the course booklet, re-do the mandatory quizzes (Quiz Sections) when instructed before taking the test in 48 hours (2 days later).
We have programmed our Multi-Media presentation to prevent you, the student, from accessing your final exams until the appropriate DRE-mandated time periods have passed, after you received the text material, and once the mandatory quizzes have been completed. The finals are automatically setup for you online when you first enroll, but exam questions may not be accessed online until the appropriate time periods for the courses have passed: 2 days from the date the student had access to the course material for any or all the six courses for the three hours credit each (Agency, Ethics, Fair Housing, Trust Funds, Risk Management and including Management & Supervision) and 6 days for the 45 hours combinations (Business Opportunities combo OR Mortgage Lending combo). |
FINAL EXAMINATION:
Before reviewing any course material, DRE requires you to acknowledge, under penalty of perjury, that you are the person enrolled, and you will be the only person to complete the course.
Each final exam is open book, timed and consists of 100 multiple-choice questions. The time allotted is 2.5 hours per exam. During your 1-year enrollment, you may take each final exam and must score 60% or better.
DRE Policy: If a student fails the final exam, they may be allowed one retake. If they fail the retake, they must re-enroll and take the course over again.
Note: If both finals are failed, then you must reenroll in the course and begin the study & examination process over again.
A fee of up to $40 may be charged to reenroll in any one course, which will establish a new 1-year enrollment period for that course.
Correspondence Course Identification Statement Participants shall present one of the following forms of identification immediately before the administration of the final examination:
**WRITTEN FINAL EXAMINATION: If you wish to take your final exam on paper instead of on the Internet,
please fill out the form "Request to Take Final Exam." You may mail this form to Real Estate License Services,P O Box 394, Escondido CA 92033, or Fax to (619) 222-8593 OR you may Scan & Email to
**ONLINE FINAL EXAMINATION: If you prefer to take the Exam(s) online, then go to www.RELSTONEexams.com (Examination System) to log in to take online exams using the password given or assigned by us. We strongly urge you to take your final exam online. The reason is that is faster, with your certificate of completion downloadable immediately (as long as you have met the minimum study time). If you take your final(s) on paper, there is a great delay due to paperwork having to be mailed back and forth between us and your test administrator. Please note: IF you have enrolled in pre-license courses, and you are planning in taking your final exams online; we urge you to login to the Examination System, this way you will find out which course to study first, second, third, and so on. YOU will see the list of courses with the "Earliest Exam Date" for each pre-license course. For the RE Practice course, you will have to review, understand, and acknowledge going over the Role-Play Interactive Participatory Component prior to having access to the exam.
During the administration of each exam, a timer is displayed to indicate to you, the student, the remaining time allowed to complete the current exam. In addition to the time, there is a display indicating the number of questions that remain unanswered at any given time. The background of the timer is green. When there are only five minutes remaining the background timer turns yellow. When there is only one-minute remaining, the background of the timer turns red, and a warning is displayed telling you, the student to submit your answers immediately. If the timer has expired, you may no longer make changes to your exam or manually submit it for grading; the exam system will capture the answers you already have made and submit them automatically for grading.
When the exam is completed and submitted, it is immediately graded, and the results are provided within seconds; letting you know how you performed. If the exam is not completed successfully, then the student may attempt to take Version B Exam (the make-up test) if the score is lower than 70% again for the 2nd time, then you, the student must Click on the Screen to Re-Enroll in the course and begin over again. Waiting 48 hours before taking the exam again and during the 48 hours waiting period must re-read and study the course booklet, re-do the mandatory quizzes (Quiz Sections) when instructed before taking the test in 48 hours (2 days later).
GRADING OF THE FINAL EXAM AND ISSUING OF CERTIFICATES: A passing grade is based on a minimum passing score of 70% on the open book final exams. Only the final examination grade is used in determining the student's overall grade.
If you took and passed your final exam on paper, an official certificate of completion will be mailed to you within two weeks after receipt of your completed final examination.
If you took your final exam on the Internet, you may print your certificate of completion after you
passed. But before displaying and printing the completion statutory certificate, you must fill out
"Affidavit of Student" (which serves as an online signature) --We ask YOU, the student to type in
your name, to provide a Government Issued ID#, to specify the Type of ID, and to Acknowledge
(Affirm all is True) DRE requires you to acknowledge, under penalty of perjury, that you are the person
who enrolled and did all the work; completed the reading; studied to pass the exam.
Additional certificates are $15.00 each.
Once you have all course certificates, you may send them to DRE with your exam/license application. Note:
Once you pass an exam, the Certificate of Completion never expires.
REFUNDS: Students may apply in writing to REAL ESTATE LICENSE SERVICES, mailing address, P O Box 394, Escondido CA 92033 within 15 days from the date of enrollment and cancel
and receive a refund for the full tuition. All REAL ESTATE LICENSE SERVICES materials must be
returned in good condition at the time of cancellation; the materials should not be soiled, torn or marked
upon. A charge of $25 may be withheld if any materials are not in resaleable condition. Refunds are not
allowed if any work has been submitted.
RE-ENROLLMENTS: If the course has not been completed within twelve (12) months of enrollment, the student must re-enroll and begin the course over again in order to complete the course. IN NO CASE MAY THE PERIOD OF ENROLLMENT EXTEND BEYOND TWELVE (12) MONTHS. If the student has not completed the course within 12 months from the original date of enrollment, the enrollment expires. The student may re-enroll under such circumstances for a discounted re-enrollment fee of $40.00 per course.
TRANSFERS: Courses may be transferred to another person by paying a transfer fee of $30.00 per course. Transfers are not allowed if any work has already been submitted.
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 "RE340" in the search box located in the upper right corner
of the home page. An information form regarding course provider complaints, "RE340A" is also available.
DISCLAIMER
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 EXPRESSED BY THE COURSE
SPONSOR, INSTRUCTOR, AUTHORS, OR LECTURERS.
Real Estate Principles (45-Clock Hours)
A comprehensive course outlining: Legal descriptions, methods of acquiring title, deeds, estates, liens, homesteads, and the programs involving lenders, escrows, and title companies. In addition, there is discussion on taxation, and court cases, such as Wellenkamp vs. Bank of America that have changed financing.
Real Estate Practice (45-Clock Hours)
A comprehensive study of real estate practices in California, as it relates to the real estate business, its regulations, income tax aspects, business opportunities, advertising, property sales, and the role of the broker and salesperson. New content to satisfy the demands of SB 1495 Fair Housing and Implicit bias. The course includes the interactive participatory role-playing component to the subject of Fair Housing.
Real Estate Finance (45-Clock Hours)
A modern approach to real estate financing. Includes: Money and interest rates, sources of mortgage money, non-institutional leaders, conventional loans, government-backed programs, foreclosure and other loan problems, construction lending, and alternative financing methods.
Real Estate Economics (45-Clock Hours)
A recent test on California real estate economics which includes: Proposition 13, rent controls and condominium conversions. The approach is direct and practical and covers all the aspects of government trends, real estate resources and new financing techniques.
Business Law (45-Clock Hours)
Covers the entire field of business law. U.S. legal system, law & business, property, trusts & estates, agency, partnerships, corporations & other business forms, labor laws, sales of goods, contracts, negotiable instruments, secured transactions, insurance and professional licensure & liability.
Real Estate Appraisal (45-Clock Hours)
This text is extensively illustrated to give a practical approach to appraising. The course includes: Site considerations, site valuations, approaches to cost, market data, income analysis, and the capitalization process.
Legal Aspects of Real Estate (45-Clock Hours)
Covers the entire field of legal aspects of real estate. Offers additional in-depth analysis of deeds of trust, deposit receipts, listing agreements, leases, and drafting problems. Deals with damages for breach of contract and provides an introduction to environmental law problems.
Property Management (45-Clock Hours)
Provides an overview of the field of property management and describes the major functions of property managers, including their legal, interpersonal, maintenance, accounting, administrative, and other duties. It also covers specific practices and problems in the management of various types of property.