LEGAL ASPECTS OF CALIFORNIA REAL ESTATE
El Camino College
Real Estate 12a
Spring 2015
Michael Botello Campus office telephone:310.660-3593 ext3778
Campus Office: MBA 453 Law Office telephone: 310.316-6244
MBA 310 Email:
Monday 6:00 pm – 9:10 pm
Office Hours: http://www.elcamino.edu/faculty/mbotello/
The main objective of Legal Aspects of California Real Estate is to acquaint the student, who is interested in real estate, with the facts and issues of California Real Estate Law. The course is geared to practical aspects and not purely theory. The course touches not only on land ownership and title problems, but also on the brokerage aspects of real estate transactions. In addition, the course will examine financing and some tax aspects of real estate areas that have become more important to consumers.
Course Catalog Description: This course provides instruction on the buying, selling and management of real property. Students study California property law, community property, liens, sales contracts, escrow, commissions, transfers, licensing regulations and public policy.
Course Objectives:
Describe and explain the rights of a landlord and of a tenant.
Define and differentiate between various forms of holding title to real property for ownership.
Explain and define various types of real estate contracts.
Summarize the steps in a judicial and a non-judicial foreclosure.
Assess government licensee regulations. Assemble and organize the legal rules for real property law by category (agency, contract, license, ownership, property management, finance, appraisal, etc.)
Evaluate legal issue considerations for creation and enforcement of security devices, encumbrances, taxation, land use development and government regulation.
Compare and contrast real estate license laws to ethical standards of practice for real estate appraisal, salesperson, broker and loan originator professions.
Course Student Learning Objective: Students completing Real Estate 12a will be able to differentiate the choices for vesting and holding title in a real estate transaction.
Mr. Botello is a practicing attorney. He holds degrees from U.C.L.A. and the University of California, Hastings College of the Law. He is a professor in the Department of Law and the Department of Real Estate.
Textbook:
California Real Estate Law Privar and Bruss, Eighth Edition, ISBN: 9781427738233
Dearborn © 2012
WALL STREET JOURNAL:
Wall Street Journal, print and electronic editions (student subscription rate), are available at a reduced price. Students will be billed. The WSJ provides students with current information regarding law and business. For those with smart phones there is a smart phone application. Reading the WSJ will assisted students in their discussions and understanding of current legal questions.
Thecostfor 15 weeks of the WSJis $15.00. If you wish the WSJ, please signup in class. You will be billed.
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Grading: % of total grade
Three Examinations (2 best grades of the 3 examinations) 50%
Homework and other assignments (25%) 25%
Final 25%
No Makeup Examinations Are Given.
Failure to take an in-class examination will be counted as the worst grade of the best of three examinations.
Homework assignments will be due at the beginning of each class period. Homework multiple choice or objective assignments will be randomly graded, and should be answered on a scantron answer sheet, with your name, date, and the chapter assignment number. Answers to essay questions should be typed and double-spaced. No homework assignments or take home examinations will be accepted late.
Students are reminded that attendance is required! Students are responsible for their college enrollment. A student who does not officially withdraw from the class will be assigned a grade of "F" by the registrar. The responsibility to withdraw from the course is that of the student.
Students Are Requested To Read The Following Textbook Chapters.
Lectures are based on the assumption that students have an initial understanding of important terms and concepts. Lectures may not necessarily follow the reading and examination schedule.
Students Should Schedule A Minimum Of Two Hours For Reading And Assignments For Every One Hour Of Class.
Cheating or Plagiarism
Cheating violates Section I.B.1 of El Camino College’s Board Policy 5138, Standards of Student Conduct. The full policy may be found on page 27 of the 2009-2010 College Catalog.
Students with disabilities who believe they may need accommodations in this class are encouraged to contact the Special Resource Center on campus as soon as possible to better ensure such accommodations are implemented in a timely fashion. As well please contact me privately to discuss your specific needs.
Special Resource Center
The mission of the El Camino College Special Resource Center (SRC) is to facilitate academic success for students with disabilities by providing equal access to educational opportunities in an integrated campus setting. Students with disabilities are an integral and vital part of the El Camino College community. The SRC provides support services, adaptive equipment, computer technology, and specialized instruction to serve students with verified disabilities. http://www.elcamino.edu/academics/src/