Enrollment Agreement

 The enrolled student and ACRE School (referred to as the School) agree as follows:

  1. The Distance Education Courses in the Real Estate Broker Licensing Course must be completed in six months, after which time the student will not be entitled to a refund. All courses are entirely conducted online at acreschool.com.
  2. Tuition for ACRE School Courses is due at enrollment
  3. Upon satisfactory completion of the above named program of study and upon payments of all tuition, fees, and obligations due from the student, the School, will award the appropriate certificate attesting to the student’s completion of the program. No Certificate is awarded until the Program is completed and Tuition paid.
  4. In consideration of such program of study and related service, student agrees to pay tuition fees due to ACRES, Inc. Above amount will be paid in accordance to the terms and conditions specified within the Enrollment Agreement.
  5. Student agrees to comply with the standards, rules and regulations of the school in effect at the time, and student understands that his or her failure to comply with the standards, rules and regulations of the School will entitle the School to terminate this Agreement with no prior notice to the student. In the event of such termination, the refund policy set forth will apply.
  6. The school does not guarantee the transfer of its credits to any other institution unless there is a written agreement with another institution.

Refund Policy

Students not accepted to the school are entitled to all moneys paid. Students who cancel this contract by notifying the school within seven (7) days are entitled to a full refund of all tuition and fees paid.

Students who withdraw after seven (7) days, but before commencement of classes, are entitled to a full refund of all tuition and fees paid except the maximum cancellation charge of $100.00 or 25% of the contract price whichever is less. In the case of students withdrawing after commencement of classes, the school will retain the cancellation charge plus a percentage of tuition and fees, which is based on the percentage of number of lessons completed in the Program/Stand Alone Course, as described in the table below. The refund is based on the official date of termination or withdrawal.

 

Refund Table

Student is entitled to upon withdrawal/termination*

Refund Within first 10% of program 90% less cancellation charge

After 10% but within first 25% of program 75% less cancellation charge

After 25% but within first 50% of program 50% less cancellation charge

After 50% but within first 75% of program 25% less cancellation charge

After 75% NO Refund

  1. The student may cancel this contract at any time prior to midnight of the seventh day after
  1. All refunds will be made within 30 days from the date of termination. The official date of termination or withdrawal of a student shall be determined in the following manner:

 

a. The date on which the school receives notice of the student’s intention to discontinue the training program; or

b. The date on which the student violates published school policy, which provides for

c. Should a student fail to return from an excused leave of absence, the effective date of termination for a student on an extended leave of absence or a leave of absence is the earlier of the date the school determines the student is not returning or the day following the expected return date.

  1. The student will receive a full refund of tuition & fees paid if the school discontinues a Program/Stand Alone course within a period of time a student could have reasonably completed it, except that this provision shall not apply in the event the school ceases operation.

 

Complaints may be filed online with the Division of Private Occupational Schools. There is a two-year limitation (from student’s last date of attendance) on the Division taking action on student complaints. www.highered.colorado.gov/dpos 303-862-3001.

 

You have accepted the terms and conditions of this enrollment agreement as of the date of this email.

 

ACRES, Inc. dba ACRE School

 

54 Pine Road

Golden, CO 80401

303-526-7443

Instructor@acreservices.com

 

Online Education Catalog

Version 5 2-10-2022

Approved and Regulated by the Colorado Department of Higher Education, Private Occupational School Board

WWW.ACRESchool.com

Table of Contents

 

Mission Statement

Page 4

Staff

Page 4

Office Hours

Page 4

Courses Offered

Page 5

Pre-licensing

Page 5

Continuing Education

Page 7

Enrollment

Page 7

Enrollment Requirements

Page 7

Grading Policy

168 Hour Licensing Course Guarantee Policy

Page 7

Page 8

Tuition and Fees

Page 9

Refund Policy Postponement Policy Company Owners

Page 10

Page 11

Page 11

Termination and Complaint Procedures

Page 12

 

ACRE School Mission Statement

 Our mission is to provide quality user-friendly online educational resources to real estate professionals.

Staff

 Erick French – Director

Microsoft Certified Systems Engineer, Cisco Certified Network Associate, 25 years Technical Support and Management Experience.

erickfrench@acreservices.com

Joice Fairchild – Instructor

 B.A. Education 22 years Teaching Experience 14 years Active Broker Associate joicefairchild@acreservices.com

Staff – Office John Fairchild

  1. S. Landscape Architecture Rhode Island School of Design 8 years Business Management and Accounting Experience

johnfair@hotmail.com

 

Office Hours

ACRE School provides online classes for real estate professionals. Services and classes on our website are available twenty-four hours a day, seven days a week, 365 days per year. Our instructors, technical support and other staff members are available Monday through Friday from 10 a.m. to 4 p.m. mountain standard time. The fastest and simplest way to reach us is by email at instructor@acreschool.com.

 

Licensing Courses Offered Through ACRE School

Each Broker Pre-Licensing course includes a national exam preparation course, a Colorado exam preparation course, or both, as appropriate for the testing required by the Colorado Real Estate Commission. All courses begin upon enrollment.

168 hour Broker Associate Pre-licensing Real Estate Program

The 168 Broker Associate Pre-licensing Program consists of six courses. Each course is divided into subjects and each subject is divided into lessons. Optional quizzes are provided for each of the eighty one (81) lessons. There is a required test at the end of each of the nineteen (19) subjects and a final exam at the end of each of the six (6) courses. The six courses are:

  • Law and Practice – 48 Hours
  • Contracts and Regulations – 48 Hours
  • Closings – 24 Hours
  • Record Keeping & Trust Accounts – 8 Hours
  • Practical Applications – 32 Hours
  • Current Legal Issues – 8 Hours

120 Hour Broker Licensing Course for Salespersons from Non-reciprocal States

The 120 Hour Broker Pre-Licensing program consists of five courses. Each course is divided into subjects and each subject is divided into lessons. Optional quizzes are provided for each of the fifty eight (58) lessons. There is a required test at the end of each of the fourteen (14) subjects and a final exam at the end of each of the five (5) courses.

The five courses are:

  • Contracts and Regulations – 48 Hours
  • Closings – 24 Hours
  • Record Keeping & Trust Accounts – 8 Hours
  • Practical Applications – 32 Hours
  • Current Legal Issues – 8 Hours

72 Hour Broker Licensing Course for Brokers from Non-reciprocal States

The 72 Hour Course for Brokers from Non-reciprocal States consists of 2 courses. Each course is divided into subjects and each subject is divided into lessons. Optional quizzes are provided for each of the thirty two (32) lessons. There is a required test at the end of each of the seven (7) subjects and a final exam at the end of each of the two (2) courses. This course includes the exam preparation materials for the Colorado portion of the official exam, but not the national portion as the national exam is not required.

The two courses are:

  • Contracts and Regulations – 48 Hours
  • Closings – 24 Hours

72 Hour Broker Licensing Course for Expired Brokers

The 72 Hour Broker Licensing Course for Expired Brokers consists of 2 courses. Each course is divided into subjects and each subject is divided into lessons. Optional quizzes are provided for each of the thirty two (32) lessons. There is a required test at the end of each of the seven (7) subjects and a final exam at the end of each of the two (2) courses.

The two courses are:

  • Contracts and Regulations – 48 Hours
  • Closings – 24 Hours

32 Hour Broker Licensing Course for Licensed Attorneys

The 32 Hour Broker Licensing Course for Licensed Attorneys consists of 2 courses. Each course is divided into subjects and each subject is divided into lessons. Optional quizzes are provided for each of the twenty two (22) lessons. There is a required test at the end of each of the three (3) subjects and a final exam at the end of each of the two (2) courses.

The two courses are:

  • Closings – 24 Hours
  • Record Keeping & Trust Accounts – 8 Hours

 

Continuing Education Courses

  • Broker Reactivation Course – 24 Hours
  • Brokerage Administration – 24 Hours
  • Real Estate and Taxes – 8 Hours
  • Current Legal Issues – 8 Hours
  • Introduction to Planning a Brokerage Business – 4 Hours
  • Trust Accounts and Record Keeping – 4 Hours
  • Real Estate Commission and the Division of Real Estate – 4 Hours
  • Office Policies and Procedures – Sales – 8 Hours
  • Office Policies and Procedures – Property Management – 4 Hours
  • Brokerage Relationship Agreements – 6 Hours
  • Sales Contracts and Related Forms – 8 Hours
  • Current Annual Update Course – 4 Hours
  • Contract to Buy & Sell (Commercial) – 4 Hours
  • Contract to Buy & Sell (Income-Residential) – 4 Hours
  • Contract to Buy & Sell (Land) – 4 Hours

Enrollment Requirements

To enroll with ACRE School, an applicant must be at least eighteen (18) years of age. If you complete the ACRE School Real Estate Pre-Licensing Course, you will still need to pass the state exam and fulfill state requirements. ACRE School, offers online courses for the education of real estate professionals. We do not provide placement assistance nor guarantee the transfer-ability of credits to any other institution. We do not give credit for prior experience, education, training, or college credits. We do not provide job placement assistance. All educational and experience requirements must be completed prior to submitting an application for a real estate license. Courses begin the day that you sign up on our website and acknowledge that you have agreed to the ACRE School Catalog which includes the Enrollment Agreement.

Grading Policy

 All course exams are taken online and grades are posted immediately. Each student must receive a grade of at least 70% on all required exams and 85% on Exit Exams. Some exams may require higher scores. All exams may be taken multiple times. If both the Colorado and General Exit exams are required, they must both be passed during the same day (in one sitting/session) to complete the course. The Colorado Real Estate Commission does not permit the taking of more than eight hours of educational credit per work day. This means that the minimum number of workdays to take the 168 hour pre-licensing course is twenty-one (21) working days.

ACRE School requires that students complete individual courses and continuing education courses of more than eight hours within two (2) months. Courses of eight hours or less must be completed within four (4) weeks.

Students must complete pre-licensing courses within 4 months. After 4 months, a free onetime extension of 2 months may be requested by emailing instructor@acreschool.com.

After the first extension, a student may ask for an additional extension. The fee for the second extension is $100 payable in advance. The student must restart the course from the beginning and complete it within 2 months of the extension date.

 

168 Hour Pre-Licensing Pass Guarantee Policy

This policy is designed to ensure that our students employ good and consistent study habits.

Our guarantee to you is that you will pass both portions of the Colorado Real Estate Broker exam on your first attempt. If you take and fail either the National or Colorado portion of the PSI Broker Associate exam, the first time the exam is taken, ACRE School will reimburse you the actual amount of PSI Exams exam retake fee (one time only). The following conditions must be met to be eligible for this guarantee:

The student must pass the ACRE School National and Colorado final exams at least 3 times. At least 1 time, both exams must be taken together (National and Colorado) on the same day, during the same testing session, back to back with no break.

The student must take the PSI National and Colorado State exams within three (3) days of the last time the student passed both the ACRE School National and Colorado Exit exams (during the same testing session). The student must take the PSI exams Broker test within 75 days of enrollment.

The student must furnish ACRE School with a copy of the test result form (all pages) from PSI, showing the result of the exam, within 14 days of the exam date to receive a reimbursement. Only those students who sign up for our 168 Hour Pre-Licensing course are eligible for the exam guarantee. Group or discounted courses are ineligible for the pass guarantee.

How to Get the Reimbursement

 Email a complete legible copy of the Printout from the PSI Exams testing center (all pages) within fourteen (14) days of failing either the National or Colorado portion of the exam. If you have met the above stated requirements, ACRE School will issue your pass guarantee check within 30 days.

Tuition

 Licensing Courses

168 hour course

$495

120 hour course

$395

72 hour course

$325

32 hour course

$190

24 hour course

$195

16 hour course

$140

Prices include all online courses and online course materials.

Continuing Education

Continuing education courses are priced according to the number of hours involved:

8 hour courses

$70

6 hour courses

$50

4 hour courses

$33

3 hour courses

$28

2 hour courses

$23

1 hour courses

$20

Refund Policy

Any student not accepted for a course will be entitled to a full refund. If a student has not begun a course and wishes to withdraw without penalty, the student must notify ACRE School by email within 7 days of registration. If the school closes or the course of study is discontinued before the student has had time to complete it, and within the time allowed for that course, the student will be entitled to a full refund of tuition. Refunds will be paid within 30 days.

Refunds – Pre-licensing Courses

If a student withdraws from the 168 hour or 120 hour pre-licensing course after 7 days, a processing fee of $100 will be deducted from any refund.

If a student withdraws from the 72 hour or 32 hour pre-licensing course after 7 days, a processing fee of $50 will be deducted from any refund.

Examples:

If a 168 hour licensing course student has not taken the final exam for Property Management, lesson five of Law and Practice, the student is entitled to a refund of 100% of tuition less the $100 processing fee.

If a 168 hour licensing course student has taken the final exam for Property Management, lesson five of Law and Practice, but has not continued, the student is entitled to a refund of 75% of tuition less the

$100 processing fee.

If a 168 hour licensing course student has taken the final exam for Other Considerations in Contracting, lesson five of Contracts and Regulations, but has not continued, the student is entitled to a refund of 50% of tuition less the $100 processing fee.

If a 168 hour licensing coursestudent has taken the final exam for Record Keeping and Trust Accounts, but has not continued, the student is entitled to a refund of 25% of tuition less the $100 processing fee.

 

Students must request, in writing, a refund within four months of course registration.

Refunds – Continuing Education

If a student withdraws from a course of more than eight hours after 7 days, a processing fee of 25% of tuition, not exceeding $100, will be deducted from any refund. If a student withdraws from a course of eight hours or less after 7 days, a processing fee of $25 will be deducted from any refund. If a student has completed less than 25% of the lessons, the student is entitled to a refund of 100% of tuition less

the processing fee. If a student has completed more than 25% of the lessons but less than 50%, the student is entitled to a refund of 50% of tuition less the processing fee. If a student has completed more than 50% of the lessons but less than 75%, the student is entitled to a refund of 50% of tuition less the processing fee. If a student has completed more than 75% of the lessons but not the entire course, the student is entitled to a refund of 25% of tuition less the processing fee.

For courses of more than eight hours, students must request a, in writing, refund within two months.

For courses of eight hours or less, students must request a refund, in writing, within 7 days.

If the school closes or the course is discontinued before the student has had time to complete it, and within the time allowed for completion of the course, the student will be entitled to a full refund of tuition.

Postponement Policy

 Postponement of a starting date, whether at the request of the school or the student, requires a written agreement signed by the student and the school. The agreement must set forth:

a) Whether the postponement is for the convenience of the school or the student, and: b) A deadline for the new start date, beyond which the start date will not be postponed.

If the course is not commenced, or the student fails to attend by the new start date set forth in the agreement, the student will be entitled to an appropriate refund of prepaid tuition and fees within thirty (30) days of the deadline of the new start date set forth in the agreement, determined in accordance with the school’s refund policy and all applicable laws and rules concerning the Private Occupational Act of 1981.

Company Owners

ACRE School is owned by:

Erick French

Joice Fairchild

John Fairchild

 

Termination and Complaint Procedures

 Enrollment may be terminated for the following reasons:

Non-payment of tuition

Timely termination notice by the student Disruptive behavior of any type

Cheating

Plagiarism

If a student has a problem with ACRE School, please contact school personnel by email. The staff at ACRE School will make every attempt to work with the student to resolve all problems. Complaints concerning the school must be filed within two (2) years from the date of attendance with the Division of Private Occupational Schools. Complaints may be filed online.

http://highered.colorado.gov/dpos/ 303-862-3001