RLES 380-REAL ESTATE PRINCIPLES 3 Units
Real estate principles and laws in California, including contracts, deeds, and land titles, liens, escrows, leases, financing, land descriptions, mandatory disclosures, terminology, ethics, fair housing and licensing. Field trips may be required. Lecture.
Transfer:(CC RLEST 1)
RLES 381-REAL ESTATE PRACTICES 3 Units
Prerequisite:Satisfactory completion of RLES 380
Practices and techniques of broker and salesperson including listing, prospecting, advertising, disclosures, selling, escrow procedures, financing, exchanges, property management and leases, land utilization and development, public relations an professional ethics, and fair housing in real estate business. Field trips may be required. Lecture.
Transfer: (CC RLEST 5)
RLES 382-LEGAL ASPECTS OF REAL ESTATE 1 3 Units
Prerequisite:Satisfactory completion of RLES 381
California real property laws including the principle legal aspects of ownership, acquisition and transfer or real property, legal property, legal descriptions, contracts, escrow procedures, forms of trust and foreclosure, liens and restrictions, legal instruments. Lecture. Not offered every semester.
Transfer: (CC RLEST 10)
RLES 384-REAL ESTATE FINANCE 3 Units
Prerequisite: Satisfactory completion of RLES 380 or 381
Lending regulations, policies and procedures applicable to financing residential, multi-family, commercial and special purpose properties. Special attention to the money market, sources of funds and FHA and VA loans as factors in property financing. Lecture. Not offered every semester.
RLES 385-REAL ESTATE APPRAISAL, RESIDENTIAL 3 Units
Prerequisite:Satisfactory completion of RLES 380
Examination of appraisal process to determine property value on cost, sales comparison, and income basis. Consideration of neighborhood and site analysis, residential style and functional utility, three approaches to value, reconciliation of value indicators, and Uniform Standards of Professional Practice. Field trips may be required. Lecture.
RLES 392-BASIC ESCROW PROCEDURES 3 Units
Prerequisite: Satisfactory completion of RLES 380 or 381
Basic escrow elements and practices. Terms, phraseology, and documents. Preparation of instructions and statements and their use; legal descriptions; vesting of titles, balancing, debits and credits, loan payoffs and dispensing funds. Lecture. Lecture. Not offered every semester.
