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Course Criteria
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2.00 Credits
A study of the central purposes and functions of an appraisal; social and economic determinant of value, appraisal case studies, cost, market data and income approaches to value estimates, final correlations, and reporting.
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2.00 Credits
Financing, evaluation, and management of real estate investment. Emphasis on real estate investment characteristics, techniques of investment analysis, time-valued money, discounted investment criteria, leverage, and applications to property tax implications of owning real estate.
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2.00 Credits
Provides a study of legal concepts of real estate, land description, real property rights, estates in land, contracts, conveyances, encumbrances, foreclosure, recording procedures, and evidence of title.
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2.00 Credits
A review of real estate contracts required by Section 6A (3) of the Real Estate License Act with emphasis on general contract law requirements. Also covers the purpose, history, and working process of the Broker-Lawyer Committee. Includes preparation of real estate contract forms with emphasis on the most commonly used forms.
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2.00 Credits
Astudy of the role of the property manager, landlord policies, operational guidelines, leases, lease negotiations, tenant relations, maintenance, reports, habitability laws, and the Fair Housing Act.
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2.00 Credits
An overview of the U.S. monetary system, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes and procedures, closing costs, alternative instruments, laws affecting mortgage lending, and the State Housing Agency.
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2.00 Credits
A study of real estate professionalism and ethics, characteristics of successful salespersons, time management, psychology of marketing, listing procedures, advertising, negotiating and closing financing, and the deceptive trade practice act, consumer protection act, and commercial code.
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2.00 Credits
Mathematical logic and basic arithmetic skills including percentages, interest, timevalued money, depreciation, amortization, proration, and estimation of closing statement.
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2.00 Credits
An overview of licensing as a real estate broker and salesman, ethics of practice, titles to and conveyancing of real estate, legal descriptions, law of agency, deed, encumbrances and liens, distinctions between personal and real property, contracts, appraisal, finance and regulations, closing procedures, real estate mathematics, and federal, state, and local laws relating to housing discrimination, housing credit discrimination and community reinvestment.
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2.00 Credits
This course is designed to assist real estate professionals in becoming proficient in residential real estate transactions, real estate appraisal, and real estate finance. The course also acquaints the student with a knowledge of analyzing "creative financing"arrangements such as balloon mortgages and wrap around financing, which are either difficult or impossible using traditional finance and investment tables.
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