ChabotCollege

Course Outline for Real Estate 90, Page 2

Fall 2007

ChabotCollegeFall 2007

Course Outline for Real Estate 90

EXAM PREPARATION: STATE OF CALIFORNIA REAL ESTATE LICENSING EXAM

Catalog Description:

90– Exam Preparation: State of California Real Estate Licensing Exam2 units

Real and personal property acquisition, ownership, estates in real property, joint tenancies, partnerships, sales contracts, homesteads, deeds and taxes. Methods of financing, real estate practices, and regulation of the real estate business. 2 hours.

[Typical contact hours: 35]

Prerequisite Skills:

None

Expected Outcomes for Students:

Upon completion of this course, the student should be able to:

  1. describe key real estate principles and terms;
  2. apply strategies for scoring at an individual’s highest potential on the State of California standardized real estate exam;
  3. list mandatory components of a real estate contract;
  4. rank the essential elements of real estate value;
  5. differentiate between various real estate valuation concepts;
  6. solve commonly encountered real estate ethical questions;
  7. categorize different types of real estate listing agreements.

Course Content

  1. Property Ownership
  2. Ownership in severalty
  3. Concurrent Ownership
  4. Land Use Controls

a. CC&Rs

b. Subdivision Regulation

c. Environmental Law

  1. Regulations
  2. Activities requiring a license
  3. License Requirements
  4. Grounds for Disciplinary Action
  5. Mineral Oil & Gas Brokers
  6. Fair Housing
  7. Laws of Agency
  8. Agents and Agency defined
  9. Types of Agents
  10. Creation of Agency
  11. Authority of Agents
  12. Duties of Agents
  13. Liability (respondent superior)
  14. Termination
  15. Valuation and Market Analysis
  16. Essential Elements of Value
  17. The Appraisal Process
  18. Methods of Appraisal
  19. Financing
  20. The Economics of Real Estate Finance
  21. Real Estate Cycles
  22. Interest Rates and Federal Policy
  1. Transfer of Real Property
  2. Alienation
  3. Patents, Deeds, Wills
  4. Dedication
  5. Intestate Succession
  6. Escheat
  7. Eminent Domain & Condemnation
  8. Practice of Real Estate and Mandated Disclosures
  9. Agency Disclosure
  10. Principal Disclosure, TDS
  11. Material Facts
  12. Contracts
  13. Essential Elements
  14. Broker Salesperson Agreements
  15. Express, Executory, Bilateral
  16. Option Agreements

Methods of Presentation:

  1. Lecture
  2. Discussion
  3. SampleState test questions

Assignments and Methods of Evaluating Student Progress:

1.Typical Assignments

  1. Complete independent study exam on Real Estate Property Ownership and Land Use Controls and Regulations.
  2. Complete independent study exam on Real Estate Practice and Property Transfer.
  3. Complete independent study exam on Real Estate Contracts, Real Estate Law, Real Estate Finance and Valuation and Appraisal.

2.Methods of Evaluating Student Progress

  1. Examinations
  2. Assignments
  3. Final Examination

Textbook(s) (Typical):

SUPER PREP, Updated Salesperson Practice Exams , Ashley Crown Systems, 2004

Special Student Materials:

None

JM/Sept2006

Revised 10/13/06, 11/3/06

RE90