Classes in re

RE 23 Independent Study 1.0 units
Description: Designed to afford selected students specialized opportunities for exploring areas at the independent study level. The courses may involve extensive library work, research in the community, or special projects. May be repeated until six units are accrued. REQUIRED: The study outline prepared by the student and the instructor must be filed with the department and the dean.



RE 160 Real Estate Principles 3.0 units
Description: The fundamental course covering an introduction to the field of real estate, including economics, working concepts, forms and terminology. This course prepares the student for the California Department of Real Estate License exam. This course has the option of a letter grade or pass/no pass.

Student Learning Outcomes:

1. Explain how real property is described, acquired, appraised, financed, encumbered and leased.
2. Discuss how title to real property is held in California.
3. Evaluate factually simple real estate contract issues from a buyers, sellers and real estate agents perspective.
4. Identify and evaluate ethical issues in a California real estate context.


RE 162 Real Estate Practice 3.0 units
Description: Introduction to the practice of real estate in California; emphasis on the practical application of listings, selling, advertising, financing, escrow, taxation, and valuation of real estate. This course meets a requirement for the California Broker's License. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. Illustrate, explain and demonstrate the steps in the selling and buying process.
2. Explain, interpret and evaluate the various types of listing agreements and real estate sales agreements used in California.
3. Explain how to qualify a buyer for real estate financing, including the loan and escrow process.


RE 163 Real Estate Finance 3.0 units
Description: This course covers the regulations and procedures for financing real estate: types of lenders, primary and secondary investors, and methods and guidelines for qualifying for real property loans. This course meets a requirement for the California Broker's License. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. Describe how real estate is financed in California from a lending, regulatory, and borrowers perspective.
2. Explain the real estate lending process from underwriting and qualifying through funding and loan retirement.
3. Identify the key players in California realestate finance.


RE 164 Real Estate Appraisal 3.0 units
Description: An introductory course covering the purpose of appraisals, the appraisal process, and the different approaches, methods and techniques used to estimate the value of various types of property, with a special emphasis on single-family residential properties. This course meets a requirement for the California Broker's License. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. List and explain the principles of value used in real estate.
2. Describe the 8 steps in the appraisal process that guide the appraiser to a competent estimate of value.
3. Examine the steps in the cost approach to estimating value.
4. List the basic steps to the sales comparison approach/market comparison/market data approach to value.
5. Describe the income approach to value.
6. Identify various sections of the Uniform Residential Appraisal Report (URAR) and describe how an appraisal is conveyed on this form.


RE 165 Legal Aspects of Real Estate 3.0 units
Description: A study of California real estate law including agency and contract law; title, escrow and closing; real estate financing; and landlord/tenant law. This course meets a requirement for the California Broker's License. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. Explain the basic workings of the legal system in California and the United States as it applies to California real estate.
2. Identify and compare the different types of real estate and agency contracts used in California.
3. Describe the various types of listing agreements, how title is held to real property and the various tenancies in the rental of real property.
4. Describe the primary legal issues in appraising and financing real property in California and identify various types of real estate financing.
5. Explain the real estate licensing process and identify the administrative agencies that regulate the California real estate industry.


RE 166 Property Management 3.0 units
Description: A study of techniques and practices in the management of income property from acquisition to disposal. The course will cover neighborhood analysis, rent schedules, rental finance, collections, eviction, maintenance and rehabilitation, tax considerations, depreciation and the pitfalls in the purchase of income property. This course may be used for the California Broker's License. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. Explain the different facets of the field of real estate management.
2. Discuss the key issues in residential property management.
3. Evaluate property management from a risk/return perspective; considering tenant selection, maintenance factors, credit, collection and eviction.
4. Recognize leases used in commercial/industrial property and identify their strengths and weaknesses.
5. Construct a management plan for managing real property.


RE 167 Real Estate Economics 3.0 units
Description: An introduction to the economic factors affecting real estate; business fluctuations and real estate cycles; the mortgage market; commercial, industrial and residential income properties and trends; and rural and specific purposes properties and trends. This course may be used for the California Broker's License. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. Identify the basic factors affecting the economic value of real estate.
2. Explain how economic factors affect real estate markets in cities.
3. Compare various land uses and developments and contrast geographical implications based on development trends.
4. Compare planning and land control with economic factors and fair housing opportunities.
5. Differentiate government regulations that affect several types of real estate properties.


RE 168 Real Estate Escrow 3.0 units
Description: This is an introductory course to escrow procedures and title insurance. The course will cover the general facets of escrow, title examination, preliminary report preparation and the factors upon which title insurance is based. This course has the option of a letter grade or pass/no pass. ADVISORY: Real Estate 160

Student Learning Outcomes:

1. Explain the escrow process and prepare escrow industry forms.
2. Describe the steps necessary to open and close an escrow.
3. Prepare original escrow instructions, escrow amendments and demand statements.
4. Create a closed escrow file that includes the escrow computational figures, including prorations, with debit and credit for buyer and seller statements, and balance to close escrow.
5. Create a closed escrow file that demonstrates the escrow computational figures, including prorations, with debit and credit for buyer and seller statements, and balance to close escrow.


RE 190 Occupational Work Experience/Real Estate 1.0 units
Description: Occupational work experience is for students who have a job related to their major. A training plan is developed cooperatively between the employer, college and student. Pass/No Pass grading. 75 hours per semester paid work = 1 unit. 60 hours non-paid (volunteer) work hours per semester = 1 unit. Student repetition is allowed per Title 5 Section 55253. Minimum 2.0 GPA. REQUIRED: Declared vocational major.

Student Learning Outcomes:

1. The student will increase job skills in at least one of the following transferable skill sets: Communication, Research and Planning, Human Relations, Organization, Management and Leadership, Work Survival