COMMUNITY COLLEGE OF PHILADELPHIA
MARKETING AND MANAGEMENT DEPARTMENT
REAL ESTATE 105: REAL ESTATE FUNDAMENTALS
SYLLABUS – SUMMER, 2016
ON-LINE (INET) COURSE
OFFICE PHONE: 215-751-8785
DEPT OFFICE: 215-751-8785
TEXT:MODERN REAL ESTATE PRACTICE IN PENNSYLVANIA – 12TH Edition
Author: Bellairs, Helsel & Goldsmith
Cost - CCP Bookstore: New: $40.00 (approx.)
Used: $37.00 (approx.)
GRADE DETERMINATION WILL CONSIDER THE FOLLOWING:
Exam One: 25%
Exam Two: 25%
Final Examination: 25%
Session Requirements: 25% (Weekly Activities To Be Completed According To Course Session Requirements)
All session assignments, discussions, quizzes, and the examinations shall be graded and returned to you within approximately one week from the due date (end date) of each session.
This course will be structured to comply with the Pennsylvania Real Estate Commission.
IT IS YOUR RESPONSIBILITY TO READ EACH CHAPTER PRIOR TO COMPLETING THE WEEKLY SESSION.
Students are expected to complete each weekly session timely, by the dates and times indicated. If the assigned weekly session is not submitted on time, you will receive a ZERO (0) grade for that week's work. You will also not be able to progress to the next session. Missing a weekly session is the equivalent of missing three one hour classes. If you miss two sessions, you MAY be dropped from the course. It is essential that all weekly session requirements be completed and submitted when indicated each week. THERE ARE NO EXCUSES. You should be mindful that you may access your weekly session any time, day or night, to complete the required assignments. There is no scheduled time to begin the session assignments once they are made available; however, assignments must be completed by the due date and time. This is an INET course. You need only to access a computer and submit the required assignment each week when it is due.
INSTRUCTOR AVAILABILITY AND OFFICE HOURS:
Please feel free to contact me via e-mail at any time. I shall respond to all inquiries within 24 to 48 hours.
Students who believe they may need an accommodation based on the impact of a disability should contact me privately to discuss their accommodation form and specific needs as soon as possible, but preferably within the first week of class. If you need to request reasonable accommodations, but do not have an accommodation form, please contact the Center on Disability, room BG-39, phone number 215-751-8050.
Session 01(a) Chapter Fourteen: The Real Estate Business
Session 01(b) Chapter Fifteen: Real Estate Brokerage
Session 02 Chapter Sixteen: Agency in Real Estate
Session 03(a) Chapter Seventeen: Ethical Practices and Fair Housing
Session 03(b) Chapter Eighteen: Listing Agreements and Buyer Representation Contracts
Session 04(a) Chapter Nineteen: Sales Contracts
Session 04(b) Chapter Twenty: Financing the Real Estate Transaction
Session 05 Chapter Twenty-One: Appraising Real Estate
Session 06 Chapter Twenty-Two: Closing the Real Estate Transaction
Session 07 Chapter Twenty-Three: Property Management
Although the topics to be studied above vary from one chapter to the next, the commonality is that all of the topics studied can have a direct impact on the lives of all persons and the interaction all persons may have with other people and organizations. The students who are registered in this class are expected to read all chapters and complete all of the weekly session requirements.
TO STUDENTS RECEIVING TITLE IV FINANCIAL AID FUNDS:
Effective Fall 2000, students who receive Title IV financial aid funds and who withdraw from ALL their classes before completion of 60% of the term, i.e., the 10th week (or its equivalent for summer terms) may be required to return all or a portion of their financial aid award. If it is determined that funds must be returned to the financial aid programs, students must make satisfactory payment arrangements within 45 days of notification or they become ineligible for further financial aid. Students who are registered with the Center on Disability must inform the instructor by the end of the first week of classes if special accommodations are requested.
PLEASE HAVE AN ENJOYABLE AND PRODUCTIVE SEMESTER!
Community College of Philadelphia
Course Level Learning Outcomes Assessment Plan
MARKETING & MANAGEMENT DEPARTMENT
Course Name: Business Law
Course Number: MNGT 262
Course Description: A study of the key areas of the law as they apply to business including analysis of the advantages and disadvantages of the “S” corporation, “C” corporation, Limited Liability Company, limited and general partnerships and sole proprietorships; the Uniform Commercial Code, including the law of sales, warranties and negotiable instruments; contract law and enforceability; liability for negligence and intentional torts; purchase and sale of real estate; and bailment of personal property.
Upon completion of this course students will be able to:
1. Explain how the law impacts society and changes with new Court interpretations and new legislation. 3 MULTIPLE CHOICE QUESTIONS
2. Explain why any act or action taken in the world of business may have possible legal repercussions. 3 MULTIPLE CHOICE QUESTIONS
3. Describe how any act or failure to act or interact with others in business can have either Civil or Criminal legal penalties. 3 MULTIPLE CHOICE QUESTIONS
4. Identify the requirements for a valid contract and the rights and obligations created by a contract. 3 MULTIPLE CHOICE QUESTIONS
5. Explain how the law impacts on financial matters particularly in the areas of negotiable instruments, secured transactions, and bankruptcy. 3 MULTIPLE CHOICE QUESTIONS
6. Describe how a civil proceeding can be brought for either a negligence tort or for an intentional tort/damage to person or property of another. 3 MULTIPLE CHOICE QUESTIONS
7. Explain key aspects of employment &agency law and how to avoid civil or criminal liability for businesses and its agents/employees. 3 MULTIPLE CHOICE QUESTIONS
8. Compare and contrast the forms of organization especially the corporation as to conducting business and be familiar with the significance of operating in each form. 3 MULTIPLE CHOICE QUESTIONS
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