'BUSR' -- Real Estate Courses
 
   
 

 
BUSR 50 Course Image

BUSR 50 - Real Estate Principles
                  (3 units)
This course provides an introduction to Real estate law, public control, property valuation, finance and real estate practice.  Meets some of the California Real Estate Salesperson and Broker License requirements and meets 30 hours toward Basic Appraisal Procedures 2008 Appraiser Qualifications Board (AWB) requirements for certified-residential/certified-general appraiser license.

Also provides 30 hours toward Office of Real Estate Appraisers (OREA) requirements for state licensing.
 
(54 hours lecture;      Degree appropriate, CSU)

Course Measurable Objectives:

  1. Define and/or use in the appropriate context related terms or concepts from the specific areas of real property and laws relating to ownership.
  2. Identify tax implications of real estate ownership; valuation and/or appraisal of real property.
  3. Apply principles of, financing real estate, transfer of property, real estate practice, and broker's responsibility for agency management.
  4. Analyze potential risks and/or liabilities that exist in real estate documents.
  5. Evaluate the available options for financing acquisition of two specific properties under different assumptions about the type of financing for which the buyer might be eligible.
  6. Compare methods of appraising real property and describe the various situations in which each of the three methods should be the dominant method of determining the value of the property.
  7. Describe the various methods by which an agency relationship can be created and then describe the obligations that are created by the agency relationship for each person to the other persons involved.
  8. Identify rights and obligations for landlords and tenants which should be included in a residential rental agreement.

Course Level Student Learning Outcomes:


Students completing BUSR 50 - Real Estate Principles will:
  1. understand the difference between real and personal property.
  2. have knowledge equivalent to the knowledge needed to pass the Department of Real Estate salesperson license exam.
NOTE:  Every effort is made to ensure the accuracy and timeliness of this information; however, students should consult the college catalog for the most current and accurate information regarding degrees, certificates, or courses.
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