Document 10884928

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Syllabus    

Real  Estate  Transac1ons/Prac1cal  Dra6ing  

Course  Number  5397  

Spring  2106  

 

Professor  Chris  Long  (Adjunct)    

Credits  3  

Course  Area:    Real  Estate    

Time:  10:30  a.m.-­‐11:45  a.m.  

Course  Outline:    This  is  a  “nuts  and  bolts  pracHcal  course  that  will  consider  the  basic  building  blocks  of   real  estate  transacHons.  It  will  survey  a  wide  range  of  various  common  real  estate  transacHons  and  related   maNers.  Many  topics  to  be  covered  apply  both  to  commercial  and  consumer  real  estate  transacHons.  

Some  consumer  transacHons  will  be  considered,  but  the  primary  focus  will  be  on  commercial   transacHons.  MaNers  to  be  covered  will  include  estates  in  land,  legal  descripHons,  brokerage  agreements,   conveyancing  documents,  recordaHon  statues,  chain  of  Htle,  purchase  agreements,  selected  oil,  gas  and   mineral  issues  as  they  may  impact  real  estate  Htle  and  development,  basic  methods  for  real  estate   finance,  promissory  notes,  deed  of  trust,  homestead  rights,  troubled  loan  workout  issues,  foreclosure,   leases,  ethics  and  lawyer  liability  issues  in  real  estate  transacHons.  Course  assignments  will  include  the   draSing  of  various  documents,  in  part  or  in  whole,  including  client  and  other  leNers,  deeds,  promissory   notes,  sales  contracts,  deeds  of  trust,  foreclosure  documents  and  leases.    

Prerequisites:    NONE    

This  Course:    

Exam:    Yes  

Paper:    No    

DraSing  Exercises:    Yes    

SaHsfies  Skill  Course  Requirement:    Yes  

SaHsfies  Senior  Upper  Level  WriHng  Requirement:    No    

Course  Materials:      

(1) Textbook:  Texas  Property  Code  2016.  Can  be  accessed  on  line.  

(2) Legal  DraSing  in  a  Nutshell,  3]^  EdiHon,  by  Thomas  Haggard  and  George  Kuney  published  by  

Thompson  West

Other  materials  will  be  handed  out  in  classes  as  the  semester  progresses.  

Office  Hours:    There  are  no  fixed  office  hours.  Students  should  make  an  appointment  to  meet  with  the   professor  before  or  aSer  class.  If  the  student  needs  to  meet  with  the  professor,  email   chris.long@cadencebank.com

.    Please  include  draSing  class  in  the  subject  line.    

Grades:    The  following  is  the  breakdown  of  what  will  be  encompassed  in  the  final  grade:    

1.

25%  DraSing  Assignment    

2.

65%  Final  Exam    

3.

10%  Class  ParHcipaHon    

The  grade  for  Assignments  not  turned  in  on  Hme  will  be  reduced.    

Final  Exam:    The  final  will  be  an  take  home  exam.  The  exam  will  consist  of  mulHple  choice  and  short   answer  as  well  as  a  draSing  essay.  The  final  exam  will  contain  a  statement  that  by  taking  and  turning  in   the  final  exam  the  student  represents  the  student  has  aNended  the  minimum  number  of  classes  required   by  the  rules  of  the  Law  Center.  

Special  Needs:    If  the  disability  requires  an  accommodaHon,  please  contact  the  Center  for  Student  with  

DisabiliHes.    

First  Day  Assignment:    

1.

Texas  Property  Code  5.001  

2.

Each  student  is  to  draS  a  memo  to  the  professor  to  be  turned  in  the  first  day  of  class.  The  memo  should   include  informaHon  about  student’s  background  including  major  in  college,  extracurricular  acHviHes,  work   experience,  law  school  property  courses  taken  and  any  other  experience  with  real  estate  law  if  any.  The   memorandum  should  also  set  out  the  student’s  expectaHons  for  this  course,  anHcipated  Law  Center   graduaHon  date  and  anHcipated  area  of  legal  pracHce  aSer   graduaHon  if  known.  The  memorandum  may  contain  any  other  informaHon  about  the  student  that  the   student  cares  to  share  with  the  professor  that  may  help  the  professor  in  tailoring  the  course  to  be  of   maximum  benefit  to  the  student.  The  memorandum  will  not  be  graded  and  should  be  3  to  5  pages,   double  spaced  and  typed.  The  students  name  should  appear  at  the  top  of  the  first  page.    

3.

The  first  class  will  be  a  review  of  real  estate  related  concepts  that  will  be  helpful  to  the  students  going   forward.  There  is  no  addiHonal  reading  required.    

 

 

 

   

 

 

 

 

 

 

Second  Day  Assignment:    

Will  be  handed  out  in  class.    

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