11/21/2024 9:32:29 AM	RE 50 Course Outline as of Spring 2012	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  RE 50	Title:  REAL ESTATE PRINCIPLES
Full Title:  Real Estate Principles
Last Reviewed:2/12/2024

Units		Course Hours per Week			Nbr of Weeks	Course Hours Total
Maximum	3.00	Lecture Scheduled	3.00		17.5 max.	Lecture Scheduled	52.50
Minimum	3.00	Lab Scheduled	0		3 min.	Lab Scheduled	0
		Contact DHR	0			Contact DHR	0
		Contact Total	3.00			Contact Total	52.50
		Non-contact DHR	0			Non-contact DHR Total	0

Total Out of Class Hours:  105.00

Total Student Learning Hours: 157.50

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly:  RE 80A

Catalog Description:

Examination of the basic fundamentals of California real estate law; industry terminology and general principles necessary for sitting for State exam. Required prior to obtaining a state license; applies toward State's educational requirements for the broker's examination.  

Prerequisites/Corequisites:

Recommended Preparation:
Eligibility for ENGL 100 or ESL 100

Limits on Enrollment:

Schedule of Classes Information
Description:

Examination of the basic fundamentals of California real estate law; industry terminology and general principles necessary for sitting for State exam. Required prior to obtaining a state license; applies toward State's educational requirements for the broker's examination.

(Grade or P/NP)
Prerequisites:
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:		Inactive:
Area:
CSU GE:	Transfer Area			Effective:	Inactive:
IGETC:	Transfer Area			Effective:	Inactive:
CSU Transfer:	Transferable	Effective:	Fall 1981	Inactive:
UC Transfer:		Effective:		Inactive:
C-ID:

Certificate/Major Applicable: Both Certificate and Major Applicable

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:

Upon successful completion of the course, students will be able to:

1.  Identify and contrast three distinct land description methods.

2.  Compare and contrast freehold/less than freehold estates.

3.  Compare and contrast basic listing agreements.

4.  Distinguish agency relations such as creation/termination and disclosure requirements.

5.  Determine requisites of Valid Real Estate Contracts.

6.  Categorize instruments of Real Estate Finance.

7.  Compare and contrast real property valuation, marketing data, cost, and capitalization methods.

8.  Compare and contrast real property taxation, gains, deferred gains,  and tax rates.

9.  Describe the values, themes, methods, and history of the real estate profession and identify realistic career objectives related to a course of study in real estate.

Topics and Scope

1.  Orientation

    a. values, themes, methods and history of the real estate profession(s)

    b. realistic career objectives

2.  Property

    a. real

    b. personal

3.  Land descriptions

4.  Transferring deeds

5.  Titles and forms of ownership

    a. freehold

    b. less than freehold

    c. vesting

       1) joint tenancy

       2) tenant in common

       3) sole and separate property

       4) partnership

       5) corporations

6.  Agency relationships

     a. creation

     b. termination

     c. disclosure

7.  Contracts

     a. expressed

     b. implied

     c. performance

     d. discharge

     e. deposit receipt

8.  Landlord and tenant

     a. leases

        1) month to month

        2) fixed term

        3) percentage

        4) net

     b. property management

9.  Financing

     a. instruments

        1) note

        2) deed of trust

        3) installment agreements

     b. loan sources

        1) public sector

        2) private sector

10.  Appraisal basics and process

     a. definition of appraisal

     b. data

11. Taxation

     a. gains

     b. property

     c. special assessments

12. Licensing

     a. requirements

     b. salesperson

     c. broker

Assignments:

1.  Individual projects: in-class presentation regarding basic real estate  prinicples as applied to specific terminology and theory

2.  Weekly reading assignments of 25-30 pages

3.  Quizzes (3 to 5)

4.  Exams (2 to 4)

5.  Homework, including but not limited to, online research of government,  agency and licensing resources

6.  Class performance and participation

Methods of Evaluation/Basis of Grade.

Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.		Writing 10 - 20%
Written homework
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 5 - 10%
Homework problems
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.		Skill Demonstrations 5 - 10%
Class performances
Exams: All forms of formal testing, other than skill performance exams.		Exams 50 - 70%
Exams to include multiple choice, true/false, essay
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 5 - 10%
Attendance and participation

Representative Textbooks and Materials:

California Real Estate Principles, 7th ed. revised. McKenzie, Anderson, Battino & Hopkins. Cengage learning, 2010.

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