SPRING SEMESTER 2015
SPC Lubbock, ATC 3201 Avenue Q, Room 157
Monday thru Thursday 1:00
– 2:00 PM and 3:30 – 5:30 PM
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 forms and case studies involving use of forms
Describe the Broker-Lawyer Committee, including composition and purpose; demonstrate that a given action or statement constitutes the unauthorized practice of law and state the penalties for same; compare and contrast promulgated and approved forms; assess if the use of a form is within the Texas Real Estate Commission rules for use of forms; correct forms for a given scenario; fill in the correct forms for a given scenario.
There is no textbook required for this course. Extensive use of hand-out materials will be utilized. A financial calculator is needed.
Punctual and regular class attendance is required. Whenever absences become excessive and, in the instructor's opinion, minimum course objectives cannot be met due to absences, the student will be withdrawn from the course. No student will receive credit for the course if he/she does not attend a minimum of two-thirds of the total class time. When an unavoidable reason for a class absence arises, the instructor may permit the student to make up work missed. In such case it is the student's responsibility to complete work missed within a reasonable period of time as determined by the instructor.
RELE 1200 Contract Forms and Addenda Syllabus 2
There will be four examinations, including a final examination; the two on contract law will be composed of objective (multiple choice and true or false) questions. (Other examinations will be in the form of a contract form to fill out). From time to time pop quizzes may be given.
The student's final grade will be derived as follows: Examinations 80%, Class Participation
20%. Class participation grade will be based on attendance, participation in discussions, and pop quizzes if any. Each absence, tardy, or leaving at break will subtract from participation grade. Each examination including the final will count equally toward the student's final grade.
The student's final letter grade will be determined by the following scale: 90-100 = A, 80-89 =
B, 70-79 = C, 60-69 = D, and 59 and below = F.
At each class meeting, you should have read and understand the materials that have been handed out and be prepared to discuss this material.
Successful students will understand the basics of real estate contract law and will know the state laws which regulate and control the use of contracts in the state of Texas.
Students shall realize the importance and workings of the Joint Broker- Lawyer committee of the Texas Real Estate Commission.
By actively participating in this class a student will be able to in an acceptable and professional manner, write a real estate contract which would be accepted in a court of law.
Students who apply themselves will understand and be able to explain all of the various promulgated contract forms which are used in Texas.
Students attending this class will have a basic understanding of the activities which constitute the unauthorized practice of law, will be familiar with the promulgated forms in Texas.
Students will learn which forms can be used in conjunction with which promulgated addendum form.
A. Course Introduction (C 1,2,3,5,6,9)(F 1,5,6,10,15)
Objectives: 1. Purpose and introduction
Course procedures and syllabus
Acquaint students with instructor and with each other
Goals for the course
General discussion about real estate contracts.
Essential Elements of a Contract
Texas Promulgated Contract Forms
RELE 1200 Contract Forms and Addenda
20-11 One to Four Family Residential Contract (Resale)
24-12 New Home Contract (Complete Construction)
23-12 New Home Contract (Incomplete Construction)
25-9 Farm and Ranch Contract
H. 9-10Unimproved Property Contract
30-10 Residential Condominium Contract (Resale)
Addenda - Part I
– Part II
– Part III
– Part IV
Practice Filling Out Promulgated Forms
Examinations will given Week 3, 5, 7, & 8.
RELE 1200 Contract Forms and Addenda Syllabus 4
TIME-Selects goal relevant activities, ranks them, allocates time, and prepares and follows schedules.
MONEY-Uses or prepares budgets, makes forecasts, keeps records, and makes adjustments to meet objectives.
MATERIALS & FACILITIES-Acquires, stores, allocates, and uses materials or space efficiently.
HUMAN RESOURCES-Assesses skills and distributes work accordingly, evaluates performances and provides feedback.
INFORMATION-Acquires and Uses Information
Acquires and evaluates information
Organizes and maintains information.
Interprets and communicates information.
C-8 Uses computers to Process information.
INTERPERSONAL-Works With Others
Participates as members of a team and contributes to group effort.
Teaches others new skills.
Serves clients/customers-works to satisfy customer’s expectations.
C-12 Exercises leadership-communicates ideas to justify position, persuades and convinces others, responsibly challenges existing procedures and policies.
Negotiates-Works toward agreements involving exchanges of resources resolves divergent interest. C-13
C-14 Works with Diversity-Works well with men and women from diverse backgrounds.
SYSTEMS-Understands Complex Interrelationships
Understands Systems-Knows how social, organizational, and technological systems work and operates effectively with them.
Monitors and Correct Performance-Distinguishes trends, predicts impacts on system operations, diagnoses systems performance and corrects malfunctions. improves or Designs Systems-Suggest modifications to existing systems and develops new or alternative systems to improve performance.
TECHNOLOGY-Works with a variety of technologies
C-18 Selects Technology-Chooses procedures, tools, or equipment including computers and related technologies.
C-19 Applies Technology to Task-Understands overall intent and proper procedures for setup and operation of equipment.
C-20 Maintains and Troubleshoots Equipment-prevents, identifies, or solves problems with equipment, including computers and other technologies.
BASIC SKILLS-Reads, writes, performs arithmetic and mathematical operations, listens and speaks
F-1 Reading-locates, understands, and interprets written information in prose and in documents such as manuals, graphs, and
Writing-Communicates thoughts, ideas, information and messages in writing, and creates documents such as letters, directions, manuals, reports, graphs, and flow charts.
Arithmetic-Performs basic computations, uses basic numerical concepts such as whole numbers, etc.
Mathematics-Approaches practical problems by choosing appropriately from a variety of mathematical techniques.
Listening-Receives, attends to, interprets, and responds to verbal messages and other cues.
Speaking-Organizes ideas and communicates orally.
THINKING SKILLS-Thinks creatively, makes decisions, solves problems, visualizes, and knows how to learn and reason
Creative Thinking-Generates new ideas.
Decision-Making-specifies goals and constraints, generates alternatives, considers risks, and evaluates and chooses best alternative.
Problem Solving-Recognizes problems and devises and implements plan of action.
Seeing Things in the Mind’s Eye-Organizes and processes symbols, pictures, graphs, objects, and other information.
Knowing How to Learn-Uses efficient learning techniques to acquire and apply new knowledge and skills.
F-12 Reasoning-Discovers a rule or principle underlying the relationship between two or more objects and applies it when solving a problem.
PERSONAL QUALITIES-Displays responsibility, self-esteem, sociability, self-management, integrity and honesty
Responsibility-Exerts a high level of effort and preservers toward goal attainment.
Self-Esteem-Believes in own self-worth and maintains a positive view of self.
Sociability-Demonstrates understanding, friendliness, adaptability, empathy, and politeness in group settings.
Self-Management-Assesses self accurately, sets personal goals, monitors progress, and exhibits self-control.
Integrity/Honesty-Chooses ethical courses of action.
RELE 1200 Contract Forms and Addenda Syllabus 5
CHILDREN ON CAMPUS
Many of the students attending classes at South Plains College are also parents who value the opportunity to participate in higher education. Sometimes students are faced with the decision of whether to remain at home with their children, bring children with them to class, or be absent from class. The following guidelines address concerns for the safety of children on campus and provide for an environment conducive to learning:
Students are not allowed to bring children to class and will be asked to leave in the interest of providing an environment conducive for
students enrolled in the class. Students are responsible for adherence to the attendance requirements set forth by the instructor in the course syllabus.
2. Children may not be left unattended.
In order to provide for the safety of children on campus, parents or other guardians are responsible for supervising children while utilizing services or conducting business on campus.
3. Disruptive children will not be allowed to interfere with college business.
Parents or other guardians are responsible for supervising and controlling the behavior of children they have brought on campus.
AMERICANS WITH DISABILITIES ACT STATEMENT
“Students with disabilities, including but not limited to physical, psychiatric or learning disabilities, who wish to request accommodations in this class should notify the Special Services Office early in the semester so that the appropriate arrangements may be made. In accordance with federal law, a student requesting accommodations must provide acceptable documentation of his/her disability to the Coordinator of Special Services. For more information, call or visit the Special Services Office in rooms
809 and 811, Reese Center Building 8, 885-3048 ext. 4654.
In this class, the teacher will establish and support an environment that values and nurtures individual and group differences and encourages engagement and interaction. Understanding and respecting multiple experiences and perspectives will serve to challenge and stimulate all of us to learn about others, about the larger world, and about ourselves. By promoting diversity and intellectual exchange, we will not only mirror society as it is, but also model society as it should and can be.
(*Developed by the Title III summer 2001 participants as part of the training opportunity, May-June 2001, South Plains College).
GENERAL SAFETY ON CAMPUS
South Plains College recognizes the importance of safety on campus. The protection of persons and property is a responsibility which we all share. Personal safety begins with the individual. The following guidelines are intended to assist you in protecting yourself and to encourage practices that contribute to a safe environment for our campus community. e e e
Never leave your personal property unsecured or unattended.
Look around and be aware of your surroundings when you enter and exit a building.
Whenever possible, avoid walking alone, particularly after dark. Walk to your vehicle with other class members or e request that the Security Guard walk you to your car.
When approaching your vehicle, keep your keys in your hand; look under your car and in the back seat and floorboard. Lock the doors as soon as you are inside your car.
FOOD AND DRINK IN CLASSROOMS
It is the policy of South Plains College not to permit food or drink in the classrooms or laboratories.
In case of emergency, contact the following numbers but DO NOT leave a voice mail message:
894-9611, ext. 2338 - Levelland Campus 747-0576, ext. 4677 - ATC 885-3048, ext. 2923 - Reese Center (mobile 893-5705)
RELE 1200 Contract Forms and Addenda Syllabus 6