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DESCRIPTION: The word “audit” is one of the scariest words that any business might hear. The results of an audit may be even scarier. Landlords may be able to protect themselves by being proactive in trying to find errors in their business practices prior to having the Department of Real Estate involved. If a company is able to determine where a mistake is being made, they can take action to fix the hole in their procedure which may help to avoid or reduce potential liability. Even if you have been a member for years or even decades, you may learn something new during this session. Senior Attorney, Jozef Magyar will be there to walk attendees through the basics of an audit, and discuss common issues that are uncovered during an audit.
The webinar will cover:
• Overview of the DRE Audit
• Licensing Requirements
• Supervision Requirements
• Record Retention
• Trust Account Compliance
• Issue Related to Advertising and Marketing
• And other Miscellaneous Requirements.
Presented on November 17th, 2021 by Atty. Jozef Magyar