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BUSR - Real Estate Courses
 
   
 

 

  • BUSR
    Real Estate
    Courses:     
  • BUSR 50
  • BUSR 51
  • BUSR 52
  • BUSR 52D
  • BUSR 53
  • BUSR 55
  • BUSR 57
  • BUSR 59  
  • BUSR 60
  • BUSR 62
  • BUSR 76
  • BUSR 77  
  • BUSR 81
Real Estate Courses Banner Image
The Business Administration department offers the following 13 Real Estate courses:
  • BUSR 50 - Real Estate
                        Principles
  • BUSR 51 - Legal Aspects of
                        Real Estate
  • BUSR 52 - Real Estate Practice
  • BUSR 52D - Real Estate
                          Practice
                          Work Experience
  • BUSR 53 - Real Estate Finance
  • BUSR 55 - Real Estate
                        Economics
  • BUSR 57 - Income Tax Aspects
                        of Real Estate
                        Investments
  • BUSR 59 - Real Estate Property
                        Management
  • BUSR 60 - Real Estate Investment
                        Planning
  • BUSR 62 - Mortgage Loan Brokering and
                        Lending
  • BUSR 76 - Escrow Procedures I
  • BUSR 77 - Escrow Procedures II
  • BUSR 81 - Appraisal: Principles and
                        Procedures
Click on any of the tabbed links above to view detailed information about a course.
BUSR 50 Course Image
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 applicable, CSU)

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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.

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BUSR 51 Course Image
This course investigates real estate contracts, leases, deeds, foreclosures, homesteads, agency, and disclosures. Can be used to meet the additional educational requirements for the salesperson or broker license.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 51 - Legal Aspects of Real Estate will:
  1. know the elements of contract formation.
  2. be able to differeniate between single and dual agency.

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BUSR 52 Course Image
This course covers office procedures and practices in listings, advertising, prospecting, financing, exchanges, property management, salesmanship, land utilization and public relations.  Must be completed prior to applying to take the Salesperson License Exam.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 52 - Real Estate Practice will be able to:
  1. set realistic, measurable goals for themselves in business.
  2. complete the California Real Property Purchase Agreement.

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BUSR 52D Course Image
This course provides a minimum of 240 hours of on-site real estate office and/or field work experience under the supervision of a licensed California real estate professional and a college instructor/coordinator.  This course is designed to satisfy Department of Real Estate licensing requirements serving as an equivalent to BUSR 52.   Students who repeat this course will improve their skills through further instruction and practice.
(225 hours lab;      Degree applicable)
(May be taken two times for credit)

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Course Level Student Learning Outcomes:


Students completing BUSR 52D - Real Estate Practice Work Experience will be able to:
  1. successfully complete an Exclusive Right to Sell Listing Agreement.
  2. draft an offer to purchase Real Estate.

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BUSR 53 Course Image
This course covers real estate financing sources, loans underwriting, applications, and appraisals.  Can be used to meet the additional education requirement of the salesperson or broker license.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 53 - Real Estate Finance will be able to:
  1. identify the role of the Secondary Mortgage Market.
  2. understand the elements of an adjustable rate loan.

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BUSR 55 Course Image
This course presents an analysis of international, national and local factors which determine the value of real estate.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 55 - Real Estate Economics will be able to:
  1. identify factors affecting Demand in Real Estate.
  2. identify the forces affecting supply in Real Estate.

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BUSR 57 Course Image
This course covers the current income tax principles governing the acquisition, ownership, operation and disposition of real property investments with special emphasis on tax planning and integration of tax concepts with procedural aspects.  May be used as an elective course to satisfy one of the California Department of Real Estate's requirements for the salesperson or broker license.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 57 - Income Tax Aspects of Real Estate Investment will:
  1. understand the importance of an assets tax basis.
  2. understand the method of depreciating (cost recovery) of real estate for tax purposes.

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BUSR 59 Course Image
This course covers property management for owners and managers of residential and commercial income properties.  Meets California real estate license requirements for salesperson and broker.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 59 - Real Estate Property Management will:
  1. understand the legal relationship between a landlord and a tenant.
  2. know what a trust fund is and the importance of maintaining records on trust fund receipts.

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BUSR 60 Course Image
This course provides a comprehensive analysis of various investment strategies, techniques, systems, and theories involving all forms of real estate with particular emphasis on research methods needed for successful investing.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 60 - Real Estate Investment Planning will be able to:
  1. distinguish between the aspects of real estate and other types of investments.
  2. identify the advantages and disadvantages of different real estate investments.

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BUSR 62 Course Image
This course offers an overview of the technical knowledge of the State and Federal laws that govern the practice of mortgage loan brokerage and lending in the State of California as well as mortgage lending history and process.  May be used as an elective for the salesperson or broker license.
(Fall Semester)
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 62 - Mortgage Loan Brokering and Lending will be able to:
  1. distinguish between the various steps in loan processing.
  2. identify the fundamentals of mortgage lending.

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BUSR 76 Course Image
This course presents a case study method of escrow procedures including processing of sale escrows with and without new trust deed financing; learning and using the vocabulary of escrow; drawing of documents; and other processing details pertinent to handling escrows from inception to closing.  May be used as an elective for the salesperson or broker license.
(54 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 76 - Escrow Procedures 1 will be able to:
  1. define key words and phrases used in the escrow profession.
  2. calculate an escrow proration.

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BUSR 77 Course Image
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 applicable)

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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.

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BUSR 81 Course Image
This course presents the principles and procedures of appraising real property with emphasis on residential properties.  Required by Office of Real Estate Appraisers (OREA) for all appraisal licenses and by the Department of Real Estate (DRE) for real estate broker license.  Provides 60 hours toward OREA requirements for state licensing. Includes all topics listed in Appraisal Qualifications Board (AQB) Basic Appraisal Principles and Basic Appraisal Procedures modules.  May be used as the elective course for the salesperson license.
(63 hours lecture;      Degree applicable)

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Course Level Student Learning Outcomes:


Students completing BUSR 81 - Appraisal: Principles and Procedures will be able to:
  1. define highest and best use.
  2. identify the three methods of apprising real property.

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