BUS 204 Real Estate Practice

3 Credits

This course enables students to understand the complex legal issues involved in the study of real estate. It provides them with a solid, technical, legal foundation upon which a successful career in real estate can be built. This course is one of two courses needed to take the real estate salesperson licensing exam; the other course is Real Estate Fundamentals. The course starts with an overview of real estate careers, focusing mainly on residential brokerage. Concepts included in the chapters and problem sets include the real estate business and brokerage, agency in real estate, ethical practices and fair housing, listing agreements, sales contracts, financing and closing the real estate transaction, appraising, leasing and property management, and real estate math. This course is also relevant to students desiring knowledge of real estate for purposes of home ownership and as an investment to achieve long-term financial goals.