Real Estate Practice
This is a practical course in which the student has the opportunity to apply the legal principles learned in the basic property course to a modern real estate transaction. A complete sale is examined, from the listing of the property with a broker to the closing of title. Negotiation, customs, professional ethics and protocol, and the drafting of appropriate documents are the focal points. Brokerage contracts, contracts of sale, surveys, mortgages, title examinations and reports, and the clearing of title objections are considered in detail. Students who have earned credit for Real Estate Transactions and Finance may not earn credit for this course.
Grading and Method of Evaluation:
Letter grade with pass/fail only. Final exam or take-home examm.