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)