Page 222 of Antelope Valley College 1996-1997 Catalog by Antelope Valley Community College Lancaster California

Real Estate 221 RE 50 *REAL ESTATE PRINCIPLES 3 units 3 hours weekly Advisory: Eligibility for ENGL 50BR4 and ENGL 51BR2. A course in the basic principles of real estate. Includes the study of real property laws pertaining to contracts, deeds, land titles, liens, escrows, leases, financing, land description, brokerage, and selling. Designed for persons preparing for the California real estate license examination. (CSU, AVC) RE 50D *CALIFORNIA REAL ESTATE LICENSE PREPARATION 2 units 36 total hours Advisory: Completion of RE 50, and Eligibility for ENGL 50BR4, ENGL 51BR2 and MATH A. An intense short-term course designed specifically for reviewing the real estate terminology, mathematics and other test material which is on the State license examination. (AVC) RE 51 *REAL ESTATE PRACTICES 3 units 3 hours weekly Advisory: Completion of RE 50, and Eligibility for ENGL 50BR4 and ENGL 51BR2. Professional activities of the broker and salesman in the real estate business. Special attention to the real estate office, listings, valuation of listings, prospecting, advertising, exchanges, property management and leasing, land utilization and development, public relations, supervising the sales force, and ethics of the real estate business. (CSU, AVC) RE 52 *REAL ESTATE FINANCE 3 units 3 hours weekly Advisory: Completion of RE 50, and Eligibility for ENGL 50BR4, ENGL 51BR2 and MATH A. A practical course in real estate financing, with actual case illustrations demonstrating lending policies, problems, and risks involved in financing transactions in residential, apartment, commercial, and special purpose properties. Includes a study of techniques of mortgaging, legal aspects of mortgages and mechanics liens, nature of mortgage and equity capital, where and how best to obtain funds, appraising for mortgage lending purposes, procedures to follow in financing real estate sales and exchanges, junior financing, and mathematics of real estate finance. (CSU, AVC) RE 53 *LEGAL ASPECTS OF REAL ESTATE 3 units 3 hours weekly Advisory: Completion of RE 50, and Eligibility for ENGL 50BR4 and ENGL 51BR2. A course in California real estate property law with empha sis on practical applications. Includes a study of sources of real estate law, classes of property, fixtures, easements, estates or interests in real property, contracts of sale, covenants, conditions, and restrictions. Pertinent State and Federal court cases are reviewed and discussed, and the student is made aware of any State and Federal legislation and administrative regulations restricting the division and development of land. (CSU, AVC) RE 54A *REAL ESTATE APPRAISAL 3 units 3 hours weekly Advisory: Completion of RE 50, and Eligibilityfor ENGL 50BR4, ENGL 51BR2 and MATH A. A first course in real estate appraisal confined largely to residential property and to investment property valuation. Includes the study of methods and techniques for determination of value for loan and insurance purposes. Case study situations are used. (CSU, AVC) RE 54B *REAL ESTATE APPRAISAL 3 units 3 hours weekly Course Prerequisite: Completion of RE 54A. Advisory: Eligibility for ENGL 50BR4, ENGL 51BR2 and MATH A. A second-level course in real estate appraisal. It includes a study of the cost approach, income approach, and market data approach for the determination of value as it applies to residential, commercial and industrial properties. Problem solving through case study situations are used. (CSU, AVC) RE 55 *REAL ESTATE ECONOMICS 3 units 3 hours weekly Advisory: Completion of RE 50, and Eligibility for ENGL 50BR4, ENGL 51BR2 and MATH A. A study of the economic aspects of real estate and land use. Designed to develop a grasp of dynamic factors which create values in real estate. (CSU, AVC) RE 56A *ESCROW PRINCIPLES 3 units 3 hours weekly Advisory: Completion of RE 50, and Eligibilityfor ENGL 50BR4, ENGL 51BR2 and MATH A. This course furnishes persons, private or career oriented, with fundamental principles and basic procedures involved in ordinary escrow transactions. Terminology and mechanics of the real estate escrow process are presented using generally used forms. (CSU, AVC)

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