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Real Estate Principle, Practice and Property Management – 200 Clock Hours

Program Description
The 200 hour Real Estate Principle, Practice & Property Management program at University of Western California will prepare the student for a
career in the Real Estate Industry and prepare the student for the Real Estate exam. The program is designed to teach the students skills for
real estate sales, real estate transaction coordination, property management, rental and leasing. Among the subjects discussed in this course
the major topics of California law, agency issues, contract and closing, financing, leasing and other practical topics geared toward the
successful practice of real estate in the state of California. Other lessons include those on license applications, qualifications types of licenses
escrow accounts and regulations, advertising, environmental concerns, disclosures, disciplinary actions, and real estate practices specific to
California.

                      

                                          
                                           
        


                                                        







RE 400 Real Estate Principle – 110 Clock Hours
This course is an overview of Real Estate Concepts and Terms, Legal Description of Real Estate, Investment in Real Estate, and Application of
Real Estate Transaction. The purpose of this course is to give students a brief synopsis and overview of real estate: what is real estate? How
real estate is transferred, the documents used in transferring it, the rules and laws by which real estate agents will perform, the meaning of
representation and how and why properties are appraised. The course will begin with the concepts of ethics in the field of real estate. It will
further on cover real property ownership and land use and the California license law. Also discussed within this course are contracts, purchase
and sale agreements, the rules of fair housing in real estate and the laws of agency, real estate financing, how title to property is transferred,
title closing, basic real estate math, the specialty area of leasing and property management, the principles of investment and control of land
use. The course will cover broad topics ranging from titles and records to property Management. Also discussed in this course will be deeds,
liens, taxes and foreclosures. Student will also learn about listing agreements, closing and settlement costs, how to value and appraise a
property, basic financing policies and regulations, real estate math and leases.







































RE 403 Real Estate Practice – 45 Clock Hours
Real Estate Practice course is to prepare students to begin a career in real estate with knowledge of the day-to-day activities of a real estate
licensee. This course begins with an exploration of agency duties and disclosures, seller and buyer representation, dual agency, transaction
brokers, compensation, and antitrust laws. Students then learn about appraisals and pricing property, the role of the appraiser, California laws
regulating appraisers, CMAs, and the appraisal process and the principles and methods used by appraisers. This course features valuable
information on home construction and inspection, home financing, and the effects of predatory lending and the subprime market. Earnest
money, escrow accounts, and applicable California laws are also examined. The contracts section contains practical information about the
paragraphs of California real estate sales contracts. This extensive course ends with lessons exploring the closing process, the role of an
escrow agent, title insurance, settlement statements, and the estimation and proration of closing costs.






















RE 713 Property Management – 45 Clock Hours
This course deals with professional property management in operating residential, commercial, and industrial properties. Importance of the
function, management contracts, compensation, and certification is covered. 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.
 
Major Instruction Units
Hours
     
I
Orientation        
4
II
Introduction to Real Estate
4
III
Estates, Transfers, and Titles
8
IV
Encumbrances
4
V
Agency and Its Responsibility
8
VI
Contracts        
8
VII
Landlord and Tenant (Lessor and Lessee)
4
VIII
Escrows and Title Insurance                
8
iX
Real Estate Finance
8
X
Financial Institutions
8
XI
Appraisal Basics        
4
XII
Appraisal Methods
8
XIII
Subdivisions and Government Controls
4
XIV
Taxation of Real Estate
4
XV
Licensing, Education, and Associations
4
XVI
Real Estate Math
4
XVII
Examination Preparation
15
XVIII
Final Exam
3
 
 
 
 
Total Hours
110
 
Major Instruction Units
 
 
 
 
I
Property Search using MLS
6
II
Listing
4
III
Selling
8
IV
The Purchase Offer
12
V
Escrow
8
VI
Alternative Real Estate Career
4
VII
Final Exam
3
     
 
Total Hours
45
 
Major Instruction Units
Hours
 
 
 
I
Agency and Property Management
8
II
Deposit, Rent and Enforcing rents
8
III
Maintenance and Security
8
IV
Nonresidential lease provisions
6
V
Residential lease & Rental agreements        
8
VI
Job Search and Evaluation
4
VII
Final Exam
3
     
 
Total Hours
45
Course Code
Course Title
Lecture Hours
   
 
RE 400
California Real Estate Principle
110
RE 403
California Real Estate Practice
45
RE 713
California Property Management
45
 
 
 
 
Real Estate Principle, Practice & Property Management  
 
 
Total Hours
200