Course Descriptions
RELE 1300 Contract Forms and Addenda
Promulgated Contract Forms, which shall include, but is not limited to, unauthorized
practice of law, broker-lawyer committee, current promulgated forms, commission rules
governing use of forms and case studies involving use of forms. Prerequisite / Concurrent
enrollment: RELE 1311. 3 credit hours. (W)
RELE 1301 Principles of Real Estate I
A beginning overview of licensing as a real estate broker and sales agent. Includes
ethics of practice as a license holder, titles to and conveyance of real estate, legal
descriptions, deeds, encumbrances and liens, distinctions between personal and real
property, appraisal, finance and regulations, closing procedures, and real estate
mathematics. Covers at least three hours of classroom instruction on federal, state,
and local laws relating to housing discrimination, housing credit discrimination,
and community reinvestment. Fulfills at least 30 of 60 hours of required instruction
for sales agent license. 3 credit hours. (W)
RELE 1303 Real Estate Appraisal
The central purposes and functions of an appraisal, social and economic determinants
of value, appraisal case studies, cost, market data and income approaches to value
estimates, final correlations, and reporting. 3 credit hours. (W)
RELE 1307 Real Estate Investments
Characteristics of real estate investments. Includes techniques of investment analysis,
time-valued money, discounted and non-discounted investment criteria, leverage, tax
shelters, depreciation, and applications to property tax. 3 credit hours. (W)
RELE 1311 Law of Contracts
Elements of a contract, offer and acceptance, statute of frauds, specific performance
and remedies for breach, unauthorized practice of law, commission rules relating to
use of adopted forms and owner disclosure requirements. 3 credit hours. (W)
RELE 1315 Property Management
The role of the property manager, landlord policies, operational guidelines, leases,
lease negotiations, tenant relations, maintenance, reports, habitability laws, and
the Fair Housing Act. 3 credit hours. (W)
RELE 1319 Real Estate Finance
Monetary systems, primary and secondary money markets, sources of mortgage loans,
federal government programs, loan applications, processes and procedures, closing
costs, alternative financial instruments, equal credit opportunity laws affecting
mortgage lending, Community Reinvestment Act, and the state housing agency. 3 credit
hours. (W)
RELE 1321 Real Estate Marketing
Real estate professionalism and ethics; characteristics of successful sales agent;
time management; psychology of marketing; listing procedures; advertising; negotiation
and closing financing; and the Deceptive Trade Practices-Consumer Protection Act.
3 credit hours. (W)
RELE 1325 Real Estate Mathematics
Basic arithmetic skills. Includes mathematical logic, percentages, interest, time
value of money, depreciation, amortization, proration, and estimation of closing statements.
3 credit hours. (W)
RELE 1338 Principles of Real Estate II
A continuing overview of licensing as a broker or sales agent. Includes ethics of
practice as a license holder, titles to and conveyance of real estate, legal descriptions,
deeds, encumbrances and liens, distinctions between personal and real property, appraisal,
finance and regulations, closing procedures, and real estate mathematics. Covers
at least three hours of classroom instruction on federal, state, and local laws relating
to housing, discrimination, housing credit discrimination, and community reinvestment.
Fulfills at least 30 of 60 hours of required instruction for sales agent license.
3 credit hours. (W)
RELE 1380 Cooperative Education - Real Estate
Career-related activities encountered in the student's area of specialization offered
through an individualized agreement among the college, employer, and student. Under
the supervision of the college and the employer, the student combines classroom learning
with work experience. Includes a lecture component. Contact the Associate Dean/Director
for more information. 3 credit hours. (W)
RELE 2301 Law of Agency
Law of agency including principal-agent relationships, the authority of an agent,
the termination of an agent's authority, the fiduciary and other duties of an agent,
employment law, deceptive trade practices, listing or buying representation procedures,
and the disclosure of an agency. 3 credit hours. (W)
RELE 2331 Real Estate Brokerage
A study of law of agency, planning and organization, operational policies and procedures,
recruiting, selection and training of personnel, records and control, and real estate
firm analysis and expansion criteria. 3 credit hours. (W)