Contra Costa College Course Outline Course Number Course Title Prerequisite Challenge Policy Co-requisite Challenge Policy Advisory RE 160 Real Estate Principles None None None None None *HOURS BY ARRANGEMENT: NA Number of Weeks Lecture Hours By Term Lab Hours By Term *Hours By Arrangement Units 18 54 0 0 3 Hours per term. ACTIVITIES: (Please provide a list of the activities students will perform in order to satisfy the HBA requirement): COURSE/CATALOG DESCRIPTION This course covers basic laws and principles of California real estate, and provides a foundation for fully understanding the processes and procedures for facilitating and closing real estate transactions in California. It covers the functional terminology and principles inherent in real estate transactions, provides an environment for students to learn and practice current procedures found in today’s real estate industry. This course is also designed to assist those preparing for the State of California Real Estate Salesperson examination. COURSE OBJECTIVES: At the completion of the course the student will be able to: Demonstrate knowledge of basic terminology, principles, and laws associated with real estate practices and transactions in California. Demonstrate knowledge of the real estate business, including rules of ownership of real property, transferring real property, and the types and effects of encumbrances. Demonstrate a knowledge of, and facility for, handling transactions associated with the law of contracts and agency. Exhibit a facility for handling real estate finance and appraisal cases, as well as escrow and title insurance transactions. Demonstrate appropriate skill in processing/handling real estate landlord and tenant agreements, mediating associated complaints and residential design/construction issues. Demonstrate knowledge of real estate taxation issues, and the ability to close real estate transactions. Demonstrate a readiness for advanced study in specialized real estate courses, and the readiness to take the State of California Real Estate Salesperson examination. INTENDED STUDENT LEARNING OUTCOMES: Students will acquire the skill set and knowledge base necessary to successfully complete the State of California Real Estate Salesperson examination. COURSE CONTENT (Lecture): Estates, transfers and titles Agency responsibilities Real estate contracts Landlord and tenant issues Escrow procedures Real estate finance Appraisal fundamentals Real estate taxation Real estate math Licensing and government controls COURSE CONTENT (Lab): METHODS OF INSTRUCTION: This course will be conducted by the use of lecture, group projects, classroom discussion/problem solving, and homework problems. INSTRUCTIONAL MATERIALS: NOTE: To be UC/CSU transferable, the text must be dated within the last 7 years OR a statement of justification for a text beyond the last 7 years must be included. Textbook Title: Author: Publisher: Edition/Date: Justification Statement: Textbook Reading Level: California Real Estate Principles Charles Stapleton III & Martha Williams Dearborn Publishing (ISBN-13-9781427731456) 8th Edition/2011 (For textbook beyond 7 years) College-Level Lab Manual Title (if applicable): Author: Publisher: Edition/Date: OUTSIDE OF CLASS WEEKLY ASSIGNMENTS: Title 5, section 55002.5 establishes that a range of 48 -54hours of lecture, study, or lab work is required for one unit of credit. For each hour of lecture, students should be required to spend an additional two hours of study outside of class to earn one unit of credit. Title 5, section 55002(a) 2F establishes that coursework calls for critical thinking and the understanding and application of concepts determined by the curriculum committee to be at college level. For degree applicable courses: List one example of critical thinking homework Outside of Class Weekly Assignments Hours per week Weekly Reading Assignments (Include detailed assignment below, if applicable) 3 Students will be responsible for weekly reading of the assigned chapters (per syllabus), and being prepared for instructor lecture and discussion. Weekly Writing Assignments (Include detailed assignment below, if applicable) 3 Students will be responsible for weekly chapter writing assignments (end-of-chapter review questions), and “other performance assignments” (per syllabus). Students will also be responsible for developing a research project which will lead to an end-of-the-semester short class PowerPoint presentation, which will be critiqued by both the instructor and other students. Weekly Math Problems (Include detailed assignment below, if applicable) Lab or Software Application Assignments (Include detailed assignment below, if applicable) Other Performance Assignments (Include detailed assignment below, if applicable) STUDENT EVALUATION: (Show percentage breakdown for evaluation instruments) Title 5, section 55002 (a) 2A establishes that the grade is based on demonstrated proficiency in subject matter and the ability to demonstrate that proficiency. For degree applicable courses: Course requires essay writing, or, in courses where the curriculum committee deems them to be appropriate, by problem solving exercises, or skills demonstrations by students. Title 5, section 55002(a) 2F establishes that coursework calls for critical thinking and the understanding and application of concepts determined by the curriculum committee to be at college level. For degree applicable courses: List critical thinking example(s) of methods of evaluation 40 60 % Essay % Computation or Non-computational Problem Solving Skills % Skills Demonstration % Objective Examinations Other (describe) % % % GRADING POLICY: (Choose LG, P/NP, or SC) Pass / No Pass X Letter Grade 90% - 100% = A 80% - 89% = B 70% - 79% = C 60% - 69% = D Below 60% = F 70% and above = Pass Below 70% = No Pass Prepared by: Ron Rueb/J. Rusting/J. DeTorres Date: October 10, 2014 Revised form 09/14 Student Choice 90% - 100% = A 80% - 89% = B 70% - 79% = C 60% - 69% = D Below 60% = F or 70% and above = Pass Below 70% = No Pass