RES 101 Real Estate Fundamentals
Credits: 2.00
This course is designed to acquaint the student
with the language, principles and laws that
govern the business of real estate. Emphasis is
on the underlying concepts of Land, Property,
Rights in Realty and the means, methods, and laws
that govern the conveyance of these rights. This
is one of the two courses required by the state of
Pennsylvania for licensure as a real estate
salesperson.
RES 102 Real Estate Practice
Credits: 2.00
This course is designed to acquaint the student
with the basic techniques, procedures,
regulations, and ethics involved in a real estate
transaction along with a working knowledge of the
forms and documents used, including the related
mathematics. This is one of the two courses
required by the State of Pennsylvania for
licensure as a real estate salesperson.
Prerequisite: RES 101.
RES 198 Coop Internship/Real Estate I
Credits: 3.00
This course consists of employment in a
college-approved real estate organization to
enable the student to gain insight into the
selling, appraising, financing, or managing of
real estate. The course requires an optimum of 15
hours per week supervised and coordinated by a
faculty member. Students are rated by the
employer on their job performance.
Prerequisites: RES 101 and RES 102 and permission
of coordinator.
RES 211 Real Estate Finance
Credits: 3.00
This course is designed to provide the student
with a basic background in commonly used real
estate financing instruments, as well as, the
basic structures of real estate financial
institutions and their policies. Some of the
topics include sources of funds, form and use of
financing instruments, and the role of the
government in the mortgage field.
Prerequisites: RES 101 and RES 102
RES 221 Real Estate Law
Credits: 3.00
This course is designed to provide the student
with the basic legal concepts needed by persons
involved in real estate practice. Included are
the nature and importance of deeds, agreements of
sale, leases, judgments, liens, and other
encumbrances on title, title insurance, and
closing procedures.
Prerequisites: RES 101 and RES 102
RES 241 Appraisal of Residential Prop.
Credits: 3.00
This is a course designed to acquaint the student
with the fundamental principles involved in the
appraisal of residential properties. Emphasis is
placed on the types of appraisals, analysis of
sales, neighborhood analysis, basic construction
design, and preparation and use of appraisal
reports.
Prerequisites: RES 101 and RES 102