COURSE DESCRIPTIONS: RELE - Real Estate
RELE 1303. REAL ESTATE APPRAISAL (3-0-3) 52.1501
A study of the central purposes and functions of an appraisal, social and economic determinants of value, appraisal case studies, cost, market data and income approaches to value estimates, final correlations and reporting.
RELE 1311. LAW OF CONTRACTS (3-0-3) 52.1501
Elements of a contract, offer and acceptance, statute of frauds, specific performance and remedies for breach, unauthorized practice of law, commission rules relating to use of adopted forms and owner disclosure requirements.
RELE 1315. PROPERTY MANAGEMENT (3-0-3) 52.1501
A study 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.
RELE 1321. REAL ESTATE MARKETING (3-0-3) 52.1501
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.
RELE 1323. REAL ESTATE COMPUTER APPLICATION (3-0-3) 52.1501
A study of the availability of technology, especially software and its ability to help a real estate agent become more productive. Includes database mapping interest and software application.
RELE 1406. REAL ESTATE PRINCIPLES (4-0-4) 52.1501
Overview of licensing as a broker or salesperson. Includes ethics of practice as a license holder, titles to and conveyance of real estate; legal descriptions, deeds, encumbrances and liens; distinctions between personal and real property; appraisal, finance and regulations; closing procedures and real estate mathematics. Covers at least three hours of classroom instruction on federal, state and local laws relating to housing, discrimination, housing credit discrimination and community reinvestment. Fulfills the 60-hour requirement for salesperson license.
RELE 2301. LAW OF AGENCY (CAPSTONE) (3-0-3) 52.1501
A study of law of agency including principal-agent and master-servant relationships, the authority of an agent, the termination of an agent's authority, the fiduciary and other duties of an agent, employment law, deceptive trade practices, listing or buying procedures and the disclosure of an agency.