'BUSR' -- Real Estate Courses
 
   
 

 
BUSR 77 Course Image

BUSR 77 - Escrow Procedures II
                  (3 units)
This is an advanced course in principles and methods in handling more difficult escrow transactions, including All Inclusive Loans, Assignment of Notes and Deeds of Trust, Exchanges, Commercial/Bulk Sale and Mobile Homes.  This class meets the requirements of Escrow II and Escrow III of the California Escrow Association.
 
(54 hours lecture;      Degree appropriate)
Prerequisite:   BUSR 76 - Escrow Procedures 1

Course Measurable Objectives:

  1. Demonstrate knowledge of the escrow officer's obligations to all parties involved in both simple and complex escrow transaction.
  2. Define advanced words and phrases in general usage in advanced escrow transactions.
  3. Develop documents in a Seller Carryback loan and assumption.
  4. Demonstrate knowledge in balancing a Seller Carryback loan and assumption.
  5. Explain the basic title company endorsements.

Course Level Student Learning Outcomes:


Students completing BUSR 77 - Escrow Procedures 2 will be able to:
  1. create escrow instructions for a real estate transaction.
  2. draft a closing statement for a real estate transaction.
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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