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Statement of Policies

Record Retention

All pertinent records are held at the Madison Learning Center (MLC), the educational arm of Madison Commercial Real Estate Services, LLC, at its Lakewood, NJ offices located at 1125 Ocean Avenue, Lakewood, NJ 08701. The individuals responsible for coordinating the continuing education programs are Lainie Goldberg, Director of Education, and Keren Peters, Director of Sales and Marketing.  They can be reached at 877-Edu-Ctr1 (877-338-2871) or 866-500-6234. They are also responsible for maintaining complete and accurate records for at least five years. Madison Learning Center retains records of student attendance, copies of Certificates of Completion, registration forms, teacher evaluations, and other material required by each State’s licensing agency for Continuing Education credits. In addition to student records, Madison Learning Center maintains records of instructors; resumes and bibliographical information, course outlines, promotional materials, learning objectives, and class materials.

Areas of Practice, CPE, CRE, CLE credits and Admission Restrictions

Any Attorney, CPA, Certified Financial Planner, Licensed Real Estate Agent or Licensed Real Estate Broker seeking to satisfy mandatory continuing education requirements is eligible to take Real Estate Portfolio Acquisition and Management, Real Estate Tax Strategies: Cost Segregation and Real Estate Tax Strategies: 1031 Exchanges.  These Programs are designed specifically to advance the knowledge of anyone involved in advising clients in the purchase of commercial real estate.  All hours of credit apply to Areas of Professional Practice.

  • The Real Estate Portfolio Acquisition and Management Program is centered on building professional expertise in the practice areas of Real Estate financial due diligence, lease abstracts and Common Area Maintenance (CAM) Reconciliation.  It covers critical legal and financial issues for Attorneys in the area of Real Estate.
  • The Real Estate Tax Strategies: Cost Segregation Program is designed specifically to advance the knowledge of anyone involved in advising clients  regarding the tax benefits related to commercial real estate.  All hours of credit apply to Areas of Professional Practice.  The program is centered on building professional expertise in the practice areas of Real Estate and Taxation.
  • The Real Estate Tax Strategies: 1031 Exchange Program is designed specifically to advance the knowledge of IRS Code §1250, §1245 and §1031 to these specific professionals. All hours of credit apply to Areas of Professional Practice. The Program is centered on building professional expertise in the practice areas of Taxation and Real Estate, but also briefly covers the applicability of IRC §1250, §1245 and §1031 to Asset Management in Industry in the area of Finance as well as Asset Protection and Critical Legal and Tax Issues for Accountants in the area of Business Law.

Prerequisite Information

Madison Learning Center provides advance information to all students specifying the Program’s course objectives, required level prerequisite expertise in the subject matter, presentation degree of difficulty, teaching methods, and the number of professional credit hours to be earned.

Course Fees

Madison Learning Center does not charge a fee for its continuing education courses.

Written Material and Restrictions on Promotional Efforts

All material to be given to students is created by Madison Learning Center. A copy of our course materials for each course is available upon request to Lainie Goldberg, Director of Education or Keren Peters, Director of Sales and Marketing.  They can be reached at 877-Edu-Ctr1 (877-338-2871) or 866-500-6234. Promotional materials about Madison Commercial Real Estate Services are available to attendees by request prior to the commencement of the presentation and following the presentation. However, such promotional materials are neither discussed as a topic nor distributed during the Program presentation.

Attendance Standards and Make-Up Policy

Madison Learning Center offers continuing education courses on Real Estate Portfolio Acquisition and Management, Cost Segregation and 1031 Exchanges. Courses vary between one (1), two (2) and three (3) sixty-minute instructional hours. The differences between the programs are based on the level of detail in the explanation and case studies employed by the instructor.  If a student misses the course or does not stay for the entirety of the course, he/she does not receive credit and it is his/her responsibility to register for the course at a later time. Instruction time commences five minutes after the start time. The five minutes prior to instructional time is a leeway for students who are running late and does not consist of any instruction. Any student who arrives five minutes after the start time is not permitted to sign in and is ineligible to receive credit.

To ensure students stay for the entirety of the course there is a sign-in/sign-out sheet that is maintained at all times by the course instructor. The instructor requires approximately five minutes to conduct a roll call and to record attendance on the sign-in/sign-out sheet. The instructor does not grant attendance credit to any student in who arrives five minutes after start time or after instructional time commences. Following the course conclusion, the instructor conducts a sign-out roll call. If a student is missing during any check-in or check-out period, he or she does not receive any credit. During the first roll call, students are informed that in order to receive credit they must be present for the entirety of the course.

Classroom Style Facilities

Madison Learning Center conducts the Program in classroom-style facilities which typically include a writing surface for each student to take notes; a presentation board (chalkboard, whiteboard, flipchart or screen), adequate space for comfortable individual seating, necessary audiovisual equipment and any other reasonable expectations of a classroom environment. The Madison Learning Center utilizes meeting space in hotel conference centers, restaurant banquet facilities, and other rented or shared spaces that have been set up as a learning environment. The arrangement of classrooms is geared to maximize interaction and communication between the instructor and class.

Evaluating Student Performance

The standard of completion for each student includes being present and on-time for each hour of instruction. A Course Exam may be administered to ensure comprehension and reinforce learning. Upon completion, each student receives a Certificate of Completion and a copy of the same is held for Madison Learning Center’s records.

Program Cancellation

Scheduled courses will be cancelled only if the instructor is unable to instruct the course on the given day or if a large portion of the students cancel their reservations. Programs will be rescheduled provided that there are an adequate number of students rescheduling. The requisite number of students needed to constitute a rescheduled class is determined on a case-by-case basis. Since there is no fee for the course, there is no refund policy.

Instructors

All of Madison Learning Center’s continuing education instructors have extensive knowledge and experience in the course content they teach. Madison Education Center maintains a copy of each instructor’s resume and biographical information. Each course has time allocated to allow every student to complete an evaluation that is reviewed by the Madison Education Center and maintained in the course file. The evaluations are utilized to improve the course for future participants. Our evaluation form is available for review upon request to Lainie Goldberg, Director of Education or Keren Peters, Director of Sales and Marketing.  They can be reached at 877-Edu-Ctr1 (877-338-2871) or 866-500-6234.

Complaint Resolution

Students are given the opportunity to evaluate instructors and courses, and are also given the opportunity to contact Lainie Goldberg, Director of Education at 877-338-2871, Keren Peters, Director of Sales and Marketing at 848-525-8200 and/or Elliot Zaks, Principal and Director of Operations at 732-333-2333. Mrs. Goldberg, Mrs. Peters and/or Mr. Zaks will resolve any reasonable grievance to the best of their ability.

Program Updates

Course content is updated based on any new regulations, trends, developments and student evaluations. The daily operations of Madison Learning Center, the educational arm of Madison Commercial Real Estate Services, its memberships in relevant organizations, professional societies and associations (such as the Federation of Exchange Accommodators and the American Institute of Certified Public Accountants) ensures that Madison Learning Center is continually aware of new developments and any changes in the law and regular practice of lease administration, landlord/tenant issues, lease abstracts, CAM calculations, and real estate financial due diligence, laws regarding tax-deferred exchanges, the IRS Cost Segregation Audit Techniques Guide, IRC Code Section 1250, 1245 and 1031’s promulgated or revised regulations, legislative proposals, Internal Revenue Service interpretations and private letter rulings, applicable developments in case law, business trends or other related matters. Courses and materials are updated periodically to reflect such changes.