TABLE OF CONTENTS |
|
I. Departmental Policies |
|
II. 4 Semester Hours --- Principles of Real Estate --- College Credit |
64 Classroom Hours --- Principles of Real Estate --- Continuing Education |
|
III. 2 Semester Hours --- Principles of Real Estate --- College Credit |
32 Classroom Hours --- Principles of Real Estate I --- Continuing Education |
|
IV. 2 Semester Hours --- Principles of Real Estate II --- College Credit |
32 Classroom Hours --- Principles of Real Estate II --- Continuing Education |
|
V. 2 Semester Hours --- Law of Contracts --- College Credit |
32 Classroom Hours --- Law of Contracts --- Continuing Education |
|
VI. 2 Semester Hours --- Law of Agency --- College Credit |
32 Classroom Hours --- Law of Agency --- Continuing Education |
|
| ##################################################################################### |
|
I. DEPARTMENTAL COURSE/CLASS POLICIES |
|
| Incomplete Policy: An incomplete "I" will be granted to a student in rare circumstances. |
| Generally to receive a grade of " "I , a student must have completed all examinations and |
| assignments to date, be passing, and have personal circumstances that prevent course |
| completion that occur after the deadline to withdraw with a grade of "W". |
|
| Austin Community College Policies for Academic Freedom, Scholastic Dishonesty, Student |
| Discipline, and Students with Disabilities are as follows: |
|
| Academic Freedom Statement: Each student is strongly encouraged to participate in |
| class or PCM discussions with the Instructor. In any classroom or PCM situation that |
| includes discussion and critical thinking, there are bound to be many differing viewpoints. |
| These differences enhance the learning experience and create an atmosphere where |
| students and instructors alike will be encouraged to think and learn. On sensitive and |
| volatile topics, students may sometimes disagree not only with each other but also with the |
| instructor. It is expected that faculty and students will respect the views of others when |
| expressed in classroom discussions. |
| Scholastic Dishonesty Statement: Acts prohibited by the College for which discipline |
| may be administered include scholastic dishonesty, including but not limited to cheating on |
| an exam or quiz, plagiarizing, and unauthorized collaboration with another in preparing |
| outside work. Academic work submitted by students shall be the result of their thought, |
| research or self-expression. Academic work is defined as, but not limited to tests, quizzes, |
| whether taken electronically or on paper, projects, either individual or group; classroom |
| presentations, and homework (ACC - Student Handbook). Penalties for scholastic |
| dishonesty will depend upon the nature of the violation and may range from lowering a grade |
| on one assignment to an "F" in the course and/or expulsion from this institution. |
|
| Student Discipline Statement: Classroom behavior should support and enhance learning. |
| Behavior that disrupts the learning process will be dealt with appropriately, which may |
| having the student leave class for the rest of that day. In serious cases, disruptive behavior |
| may lead to a student being withdrawn from the class. ACC’s policy on student discipline |
| can be found in the Student Handbook. |
|
| Students With Disabilities Statement: Each ACC campus offers support services for |
| students with documented physical or psychological disabilities. Students with disabilities |
| must request reasonable accommodations through the Office for Students with Disabilities |
| on the campus where they expect to take the majority of their classes. Students are |
| encouraged to do this three weeks before the start of the semester. Information is in the |
| Student Handbook. |
|
| Rule Of Three: Per state law, effective Spring 2006 any student taking a class for the third |
| time or more may be charges an additional $60 per credit hour unless exempted. We call |
| it the Rule of Three. |
|
| The Texas Higher Education Coordinating Board has mandated that all publicly funded |
| higher-education institutions will not receive funding for courses a student takes for the third |
| time or more. Without the state funding for those affected classes, ACC will charge |
| additional tuition to pay for the cost of the class. The new Rule of Three tuition costs will |
| not apply to developmental courses, Continuing Education courses, special-studies courses |
| in which the content changes each time, or other selected courses. For additional |
| information go to http://austincc.edu/admiss/ruleofthree/ |
|
| SERIOUS CONSEQUENCES FOR COURSE WITHDRAWAL: The Texas Legislature |
| has now, for the second session in a row, instituted some substantial consequences for |
| students who withdraw from courses. Students have traditionally thought of a " W " as a |
| non-penalty grade, thus it is very important that students understand the direction that the |
| state is going about withdrawals so that they can avoid substantial negative |
| consequences later. |
|
| The consequences instituted by the state in 2005 are that, for most courses, if a student |
| enrolls for the course for the third time, the student will have to pay substantially more |
| tuition for the course. |
|
|
| In 2007, the state declared that, for incoming freshmen in fall, 2007 and later, there will be |
| a limit of six W s overall in the student’s college career. |
|
| http://www.austincc.edu/withdraw/WithdrawalInformation.php |
|
|
| TEXAS REAL ESTATE COMMISSION POLICY, ACC REAL ESTATE DEPARTMENT POLICY, |
| AND ACC CONTINUING EDUCATION POLICY: |
| To earn credit for any Real Estate course you must attend 90 % of the total class hours and |
| make up any time you are absent. |
|
| ##################################################################################### |
|
II. COURSE INFORMATION SPRING 2009 |
|
RELE 1406 Real Estate Principles College Credit |
4 Semester Hours, Section 004, Synonym 31851 |
|
RELE 1034 Real Estate Principles Continuing Education |
64 Classroom Hours, Synomyn 93905 |
|
16 weeks, January 20th to May 14th, 2009 12:00 Noon to 1:40 P.M. |
Tuesdays and Thursdays RVS -- Room 8133 |
|
| HOW TO REACH THE INSTRUCTOR |
|
| John D. McCoy, Associate Professor Adjunct of Real Estate (REES) |
| HBC Campus |
| 5930 Middle Fiskville Rd. |
| Austin, Texas 78752 |
| Office: Adjunct Office Room 301.6 |
| Phone: (512) 278-0025 |
| FAX: |
| Office Hours: |
| Adjunct Faculty Office HBC Room 301.6 |
| Monday & Wednesday 5:00 P.M. To 6:00 P.M. |
|
| Adjunct Faculty Office RVS Room 4108 |
| Tuesday and Thursday 11:00 A.M. to Noon |
|
| Web Address: http://www.austincc.edu/jmccoy |
| Departmental Web Site: http://www.austincc.edu/rele |
|
| COURSE CATALOG DESCRIPTION |
|
| RELE 1406 Real Estate Principles |
| Overview of real estate broker and salesman license; ethical practice; titles and |
| conveyance of real estate; legal descriptions; law of agency; deeds; encumbrances |
| and liens, personal and real property; contracts; appraisal; finance and regulations; |
| closing procedures; real estate mathematics; and federal, state, and local laws |
| relating to housing discrimination, housing credit discrimination, and community |
| reinvestment. |
|
| RELE Real Estate Principles |
|
| Overview of licensing as a broker or salesperson. Includes ethics of practice as a license |
| holder, titles to and conveyance of real estate, legal descriptions, deeds, encumbrances |
| encumbrances and liens, distinctions between personal and real property, appraisal, |
| finance and regulations, closing procedures, and real estate mathematics. Covers |
| at least three hours of classroom instruction on federal, state, and local laws relating |
| to housing, discrimination, housing credit discrimination, and community reinvestment. |
| Fulfills the 60-hour requirement for salesperson license. Integrated with college credit |
| RELE 1406. |
|
| Textbook: |
| Modern Real Estate Practice in Texas, 13th Edition, Dearborn Financial |
| Publishing Inc. 2008 |
| Each chapter of the text starts with a series of Key Terms. The prudent student will copy |
| them on 2" by 3" flash cards as study preparation for the real estate exam. Please read |
| the chapters in order to get a foundation of the information the author is trying to convey. |
| At the end of each chapter is a summary and chapter questions for you to gauge whether |
| gain the concepts of the chapter. Please come to class with the assigned chapters read. |
|
| Instructional Methodology: |
| This course will be primarily lecture with appropriate handouts on related real estate |
| information in the professional real estate industry. The students are expected to ask |
| questions about the textbook concepts and terms they have read about. The students will |
| receive three written exams which will constitute 90% of their grade. Attendance and class |
| participation will constitute the remaining 10% of the grade. |
|
| Course Rationale: |
| The purpose of this course is to prepare the student to identify and understand the |
| dynamics of the real estate industry in Texas, to prepare them for licensing exams, |
| and /or to provide them with knowledge to understand relationships between agents, |
| brokers, and clients in the real estate industry. |
|
| This course will help students develop the understanding and skills necessary to |
| become successful real estate agents, investors, or buyers or sellers of real estate. |
| This course integrates the basic agency concepts in Texas, the disclosure and duties to |
| third parties and to clients. Employment issues are addressed as in the deceptive |
| trade practices and consumer protection issues |
|
| GOALS FOR STUDENT ACHIEVEMENT: |
| 1) Discuss, understand, and present real estate principles as related to their |
| impact on individual real estate business, the economy, and society. |
|
| 2) Participate in class discussions, presentations, and projects. |
|
| 3) Understand and demonstrate the concepts and procedures in making |
| real estate decisions. |
|
| 4) Understand and define key terms and learning objectives included with each |
| chapter. |
|
| INSTRUCTIONAL MATERIALS: |
|
| 1) Textbook – Modern Real Estate Practice in Texas; Cheryl Peat Nance; 13th Edition; |
| Dearborn Financial Publishing, Inc., 2008 ( ISBN # 13: 978-1-4195-0452-5 ) |
|
| 2) Various periodicals, including newspapers, and other print media. |
| (Examples: Austin American Statesman, Texas A&M Real Estate Research |
| Center RECON, and other periodicals with topical real estate sections and |
| information.) |
|
| 3) Other real estate materials and websites as researched and presented by |
| instructor and students. |
|
| 4) Special project materials and data as it applies. (Internet access helpful.) |
|
| KNOWLEDGE OBJECTIVES: |
|
| 1) Be conversant in real estate terminology. |
|
| 2) Understand the concepts of basic real estate. |
|
| 3) Be able to perform real estate math problems. |
|
| 4) Understand and comply with Civil Rights laws, Fair Housing laws, Equal Opportunity |
| and credit laws, and applicable Texas laws. |
|
| 5) Have a working knowledge of Texas Real Estate License Act. |
|
| 6) Have a working knowledge of real estate financing. |
|
| 7) Identify and fully understand employment issues and relationships. |
|
| 8) Focus on Deceptive Trade Practices & the Consumer Protection Act. |
|
| and |
|
| 9) Special efforts will be made to focus on: |
|
| a. Fiduciary Duties and Responsibilities |
| b. Communications – Avoiding disclosure and misrepresentation problems |
| agreements. |
| c. Listing agreements, buyer agency agreements, and property management |
| agreements. |
| d. The Texas Real Estate License Act. |
|
| COURSE REQUIREMENTS: |
|
| 1) Attendance: Your participation will have a major impact upon how well you do in |
| this course. You must be in attendance in class question and grasp real estate |
| concepts. The taking of exams or turning in of assignments alone is not |
| sufficient to receiving a passing grade in this class. |
|
| TEXAS REAL ESTATE COMMISSION POLICY, ACC REAL ESTATE |
| DEPARTMENT POLICY, AND ACC CONTINUING EDUCATION |
| POLICY: |
| To earn credit for any Real Estate course you must attend 90 % of |
| the total class hours and make up any time you are absent. |
|
| 2) Absence: If a student misses a class or event, it is his/her responsibility to call a |
| fellow student or the instructor to see if there is an additional assignment or |
| preparation necessary before the next scheduled class meeting. Missing more |
| than six ( 6 ) classroom hours during the entire semester could mandate a failing |
| grade for the class to ensure compliance with Texas Real Estate |
| Commission (TREC) guidelines. |
|
| 3) Late assignments: Due to the nature of this course, late assignments will NOT be |
| accepted unless there is prior discussion and approval from the instructor. It is the |
| responsibility of the student to present the situation to the instructor for approval. |
|
| 4) Incomplete: An incomplete (I) will be rarely granted. This course is based |
| primarily on the completion of multiple exams. With penalty a student could miss a |
| scheduled exam date but would have a week to take the exam. It is solely the |
| responsibility of the student to contact their advisor or Admissions and Records to |
| withdraw from the course within any permitted deadline. |
|
| 5) Grading: Three (3 ) exams will constitute of 90% of the grade. Class participation |
| and attendance will comprise the final 10% of the grade |
|
| Course Grade Average |
| 92 thru 100% "A" |
| 84 thru 91% "B" |
| 75 thru 83% "C" |
| 67 thru 75% "D" |
| Below 67% Failing |
|
| 6) The instructor WILL NOT withdraw any student. It is the responsibility of the student to |
| handle his/her withdrawal. (Exceptions will be in the case of Scholastic Dishonesty, |
| class disruption, or for other justifiable cause as deemed by the Instructor and the Dean |
| of Students at the respective campus.) |
|
| INSTRUCTOR CLASS POLICIES |
|
| 1) Missed Exams: If you miss an exam you have 48 hours to contact me and arrange |
| to take the exam. |
|
| 2) Student Withdrawal Policy: It is the responsibility of the student to withdraw from this |
| class. If you are unable to complete this course due to illness, moving, etc., please |
| officially drop or you will receive an F. |
|
| 3) Assignments will not be accepted late. |
|
| 4) Academic work submitted will be your own thought, research, or self-expression. |
|
| 5) Absolutely no Plagiarism will be tolerated. All submitted assignments will be |
| subject to review by Plagiarism software, and will be compared to other submissions |
| in the class. |
|
| 6) No assignment is to be shared, or be part of any collaborative work. Each |
| assignment will be the sole responsibility of the student submitting the assignment. |
| After assignments are submitted by all students, and graded by the instructor, then it |
| be acceptable to share and discuss assignments. |
| 7) Counseling services are available to help you with a variety of needs, if you need |
| More information please don’t hesitate to ask. |
|
| 8) Office hours are posted on my web page at http://www.austincc.edu/jmccoy . |
| Ask if you need help. I am here to help you! |
|
| ##################################################################################### |
|
III. COURSE INFORMATION SPRING 2009 |
|
RELE - 1201 - 004 Real Estate Principles College Credit |
2 Semester Hours Syn 28005 |
|
RELE 1001 Principles of Real Estate I Continuing Education |
32 Classroom hours Syn 93908 |
|
4 weeks, January 12 - February 4, 2009 |
HBC, 6:00 to 10:00 P.M. Mondays and Wednesdays |
|
| HOW TO REACH THE INSTRUCTOR |
|
| John D. McCoy, Associate Professor Adjunct of Real Estate (REES) |
| HBC Campus |
| 5930 Middle Fiskville Rd. |
| Austin, Texas 78752 |
| Office: Adjunct Office Room 301.6 |
| Phone: (512) 278-0025 |
| FAX: |
| Office Hours: |
| Adjunct Faculty Office HBC Room 301.6 |
| Monday & Wednesday 5:00 P.M. To 6:00 P.M. |
|
| Adjunct Faculty Office RVS Room 4108 |
| Tuesday and Thursday 11:00 A.M. to Noon |
|
| Web Address: http://www.austincc.edu/jmccoy |
|
| Departmental Web Site: http://www.austincc.edu/rele |
|
| COURSE CATALOG DESCRIPTION |
|
| RELE 1201 Principles of Real Estate |
| Overview of real estate broker and salesman license; ethical practice; titles and |
| conveyance of real estate; legal descriptions; law of agency; deeds; encumbrances |
| and liens, personal and real property; contracts; appraisal; finance and regulations; |
| closing procedures; real estate mathematics; and federal, state, and local laws |
| relating to housing discrimination, housing credit discrimination, and community |
| reinvestment. |
|
| RELE 1001 Principles of Real Estate |
| Overview of licensing as a real estate broker or salesperson. Includes ethics of practice as a |
| license holder; titles to and conveyance of real estate; legal descriptions; deeds; encumbrances |
| and liens; distinctions between personal and real property; appraisal; finance and regulations; |
| closing procedures; and real estate mathematics. Covers at least three hours of classroom |
| on federal, state, and local laws relating to housing discrimination, housing credit discrimination, |
| and community reinvestment. Fulfills at least 30 of 60 hours of required instruction for |
| salesperson license. Integrated with college credit RELE 1201. |
|
| Textbook: |
| Modern Real Estate Practice in Texas, 13th Edition, Dearborn Financial |
| Publishing Inc. 2008 |
| Each chapter of the text starts with a series of Key Terms. The prudent student will copy |
| them on 2" by 3" flash cards as study preparation for the real estate exam. Please read |
| the chapters in order to get a foundation of the information the author is trying to convey. |
| At the end of each chapter is a summary and chapter questions for you to gauge whether |
| gain the concepts of the chapter. Please come to class with the assigned chapters read. |
|
| Instructional Methodology: |
|
| This course will be primarily lecture with appropriate handouts on related real estate |
| information in the professional real estate industry. The students are expected to ask |
| questions about the textbook concepts and terms they have read about. The students will |
| receive three written exams which will constitute 90% of their grade. Attendance and class |
| participation will constitute the remaining 10% of the grade. |
|
| Course Rationale: |
|
| The purpose of this course is to prepare the student to identify and understand the |
| dynamics of the real estate industry in Texas, to prepare them for licensing exams, |
| and /or to provide them with knowledge to understand relationships between agents, |
| brokers, and clients in the real estate industry. |
|
| This course will help students develop the understanding and skills necessary to |
| become successful real estate agents, investors, or buyers or sellers of real estate. |
| This course integrates the basic agency concepts in Texas, the disclosure and duties to |
| third parties and to clients. Employment issues are addressed as in the deceptive |
| trade practices and consumer protection issues |
|
| GOALS FOR STUDENT ACHIEVEMENT: |
| 1) Discuss, understand, and present real estate principles as related to their |
| impact on individual real estate business, the economy, and society. |
|
| 2) Participate in class discussions, presentations, and projects. |
|
| 3) Understand and demonstrate the concepts and procedures in making |
| real estate decisions. |
|
| 4) Understand and define key terms and learning objectives included with each |
| chapter. |
|
| INSTRUCTIONAL MATERIALS: |
|
| 1) Textbook – Modern Real Estate Practice in Texas; Cheryl Peat Nance; 13th Edition; |
| Dearborn Financial Publishing, Inc., 2008 ( ISBN # 13: 978-1-4195-0452-5 ) |
|
| 2) Various periodicals, including newspapers, and other print media. |
| (Examples: Austin American Statesman, Texas A&M Real Estate Research |
| Center RECON, and other periodicals with topical real estate sections and |
| information.) |
|
| 3) Other real estate materials and websites as researched and presented by |
| instructor and students. |
|
| 4) Special project materials and data as it applies. (Internet access helpful.) |
|
| KNOWLEDGE OBJECTIVES: |
|
| 1) Be conversant in real estate terminology. |
|
| 2) Understand the concepts of basic real estate. |
|
| 3) Be able to perform real estate math problems. |
|
| 4) Understand and comply with Civil Rights laws, Fair Housing laws, Equal Opportunity |
| and credit laws, and applicable Texas laws. |
|
| 5) Have a working knowledge of Texas Real Estate License Act. |
|
| 6) Have a working knowledge of real estate financing. |
|
| 7) Identify and fully understand employment issues and relationships. |
|
| 8) Focus on Deceptive Trade Practices & the Consumer Protection Act. |
|
| and |
|
| 9) Special efforts will be made to focus on: |
|
| a. Fiduciary Duties and Responsibilities |
| b. Communications – Avoiding disclosure and misrepresentation problems |
| agreements. |
| c. Listing agreements, buyer agency agreements, and property management |
| agreements. |
| d. The Texas Real Estate License Act. |
|
| COURSE REQUIREMENTS: |
|
| 1) Attendance: Your participation will have a major impact upon how well you do in |
| this course. You must be in attendance in class question and grasp real estate |
| concepts. The taking of exams or turning in of assignments alone is not |
| sufficient to receiving a passing grade in this class. |
|
| TEXAS REAL ESTATE COMMISSION POLICY, ACC REAL ESTATE DEPARTMENT |
| POLICY, AND ACC CONTINUING EDUCATION POLICY. |
| To earn credit for any Real Estate course you must attend 90 % of the total class |
| hours and make up any time you are absent. |
|
| 2) Absence: If a student misses a class or event, it is his/her responsibility to call a |
| fellow student or the instructor to see if there is an additional assignment or |
| preparation necessary before the next scheduled class meeting. Missing more |
| than six ( 6 ) classroom hours during the entire semester could mandate a failing |
| grade for the class to ensure compliance with Texas Real Estate |
| Commission (TREC) guidelines. |
|
| 3) Late assignments: Due to the nature of this course, late assignments will NOT be |
| accepted unless there is prior discussion and approval from the instructor. It is the |
| responsibility of the student to present the situation to the instructor for approval. |
|
| 4) Incomplete: An incomplete (I) will be rarely granted. This course is based |
| primarily on the completion of multiple exams. With penalty a student could miss a |
| scheduled exam date but would have a week to take the exam. It is solely the |
| responsibility of the student to contact their advisor or Admissions and Records to |
| withdraw from the course within any permitted deadline. |
|
| 5) Grading: TWO ( 2 ) exams will constitute of 90% of the grade. Class participation |
| and attendance will comprise the final 10% of the grade |
|
| Course Grade Average |
| 92 thru 100% "A" |
| 84 thru 91% "B" |
| 75 thru 83% "C" |
| 67 thru 75% "D" |
| Below 67% Failing |
|
| 6) The instructor WILL NOT withdraw any student. It is the responsibility of the student to |
| handle his/her withdrawal. (Exceptions will be in the case of Scholastic Dishonesty, |
| class disruption, or for other justifiable cause as deemed by the Instructor and the Dean |
| of Students at the respective campus.) |
|
| INSTRUCTOR CLASS POLICIES |
|
| 1) Missed Exams: If you miss an exam you have 48 hours to contact me and arrange |
| to take the exam. |
|
| 2) Student Withdrawal Policy: It is the responsibility of the student to withdraw from this |
| class. If you are unable to complete this course due to illness, moving, etc., please |
| officially drop or you will receive an F. |
|
| 3) Assignments will not be accepted late. |
|
| 4) Academic work submitted will be your own thought, research, or self-expression. |
|
| 5) Absolutely no Plagiarism will be tolerated. All submitted assignments will be |
| subject to review by Plagiarism software, and will be compared to other submissions |
| in the class. |
|
| 6) No assignment is to be shared, or be part of any collaborative work. Each |
| assignment will be the sole responsibility of the student submitting the assignment. |
| After assignments are submitted by all students, and graded by the instructor, then it |
| be acceptable to share and discuss assignments. |
|
| 7) Counseling services are available to help you with a variety of needs, if you need |
| More information please don’t hesitate to ask. |
|
| 8) Office hours are posted on my web page at http://www.austincc.edu/jmccoy . |
| Ask if you need help. I am here to help you! |
|
| ##################################################################################### |
|
IV. COURSE INFORMATION SRING 2009 |
| |
RELE 1238-004 --- Real Estate Principles II --- College Credit |
2 Semester hours --- Synonym 32408 |
|
RELE 1038 --- Real Estate Principles II --- Continuing Education |
32 Classroom Hours --- Synonym 93913 |
|
4 weeks, February 9 to March 4, 2009 HBC Room 411.0 |
6:00 P.M. to 10:00 P.M. Mondays and Wednesdays |
|
| HOW TO REACH THE INSTRUCTOR |
|
| John D. McCoy, Associate Professor Adjunct of Real Estate (REES) |
| HBC Campus |
| 5930 Middle Fiskville Rd. |
| Austin, Texas 78752 |
| Office: Adjunct Office Room 301.6 |
| Phone: (512) 278-0025 |
| FAX: |
| Office Hours: |
| Adjunct Faculty Office HBC Room 301.6 |
| Monday & Wednesday 5:00 P.M. To 6:00 P.M. |
|
| Adjunct Faculty Office RVS Room 4108 |
| Tuesday and Thursday 11:00 A.M. to Noon |
|
| Web Address: http://www.austincc.edu/jmccoy |
|
| Departmental Web Site: http://www.austincc.edu/rele |
|
| COURSE CATALOG DESCRIPTION |
|
| RELE 1238 Principles of Real Estate II |
| Overview of licensing as a broker or salesperson. Includes ethics of practice as a |
| license holder, titles to and conveyance of real estate, legal descriptions, deeds, |
| encumbrances and liens, distinctions between personal and real property, appraisal, |
| finance and regulations, closing procedures, and real estate mathematics. Covers |
| at least three hours of classroom instruction on federal, state, and local laws relating |
| to housing, discrimination, housing credit discrimination, and community |
| reinvestment. Fulfills at least 30 of 60 hours of required instruction for salesperson |
| license. |
|
| RELE 1038 Principles of Real Estate II (32.0 hours/$135.00) |
| Overview of licensing as a broker or salesperson. Includes ethics of practice as a license |
| holder, titles to and conveyance of real estate, legal descriptions, deeds, encumbrances |
| and liens, distinctions between personal and real property, appraisal, finance and regulations, |
| closing procedures, and real estate mathematics. Covers at least three hours of classroom |
| instruction on federal, state, and local laws relating to housing, discrimination, housing credit |
| discrimination, and community reinvestment. Fulfills at least 30 of 60 hours of required |
| instruction for salesperson license. College integrated with RELE 1238. |
|
| Textbook: |
| Modern Real Estate Practice in Texas, 13th Edition, Dearborn Financial |
| Publishing Inc. 2008 |
| Each chapter of the text starts with a series of Key Terms. The prudent student will copy |
| them on 2" by 3" flash cards as study preparation for the real estate exam. Please read |
| the chapters in order to get a foundation of the information the author is trying to convey. |
| At the end of each chapter is a summary and chapter questions for you to gauge whether |
| gain the concepts of the chapter. Please come to class with the assigned chapters read. |
|
| Instructional Methodology: |
| This course will be primarily lecture with appropriate handouts on related real estate |
| information in the professional real estate industry. The students are expected to ask |
| questions about the textbook concepts and terms they have read about. The students will |
| receive two written exams which will constitute 80% of their grade. Attendance and class |
| participation will constitute the remaining 20% of the grade. |
|
| Course Rationale: |
| The purpose of this course is to prepare the student to identify and understand the |
| dynamics of the real estate industry in Texas, to prepare them for licensing exams, |
| and /or to provide them with knowledge to understand relationships between agents, |
| brokers, and clients in the real estate industry. |
|
| This course will help students develop the understanding and skills necessary to |
| become successful real estate agents, investors, or buyers or sellers of real estate. |
| This course integrates the basic real estate concepts in Texas, the disclosure and duties |
| to third parties and to clients. Real estate financing, property management, property value |
| and closings on real estate. |
|
| GOALS FOR STUDENT ACHIEVEMENT: |
|
| GOALS FOR STUDENT ACHIEVEMENT: |
| 1) Discuss, understand, and present real estate principles as related to their |
| impact on individual real estate business, the economy, and society. |
|
| 2) Participate in class discussions, presentations, and projects. |
|
| 3) Understand and demonstrate the concepts and procedures in making |
| real estate decisions. |
|
| 4) Understand and define key terms and learning objectives included with each |
| chapter. |
|
| INSTRUCTIONAL MATERIALS: |
|
| 1) Textbook – Modern Real Estate Practice in Texas; Cheryl Peat Nance; 13th Edition; |
| Dearborn Financial Publishing, Inc., 2008 ( ISBN # 13: 978-1-4195-0452-5 ) |
|
| 2) Various periodicals, including newspapers, and other print media. |
| (Examples: Austin American Statesman, Texas A&M Real Estate Research |
| Center RECON, and other periodicals with topical real estate sections and |
| information.) |
|
| 3) Other real estate materials and websites as researched and presented by |
| instructor and students. |
|
| 4) Special project materials and data as it applies. (Internet access helpful.) |
|
| KNOWLEDGE OBJECTIVES: |
|
| 1) Be conversant in real estate terminology. |
|
| 2) Understand the concepts of basic real estate. |
|
| 3) Be able to perform real estate math problems. |
|
| 4) Understand and comply with Civil Rights laws, Fair Housing laws, Equal Opportunity |
| and credit laws, and applicable Texas laws. |
|
| 5) Have a working knowledge of Texas Real Estate License Act. |
|
| 6) Have a working knowledge of real estate financing. |
|
| 7) Identify and fully understand employment issues and relationships. |
|
| 8) Focus on Deceptive Trade Practices & the Consumer Protection Act. |
|
| and |
|
| 9) Special efforts will be made to focus on: |
|
| a. Fiduciary Duties and Responsibilities |
| b. Communications – Avoiding disclosure and misrepresentation problems |
| agreements. |
| c. Listing agreements, buyer agency agreements, and property management |
| agreements. |
| d. The Texas Real Estate License Act. |
|
| COURSE REQUIREMENTS: |
|
| 1) Attendance: Your participation will have a major impact upon how well you do in |
| this course. You must be in attendance in class question and grasp real estate |
| concepts. The taking of exams or turning in of assignments alone is not |
| sufficient to receiving a passing grade in this class. |
|
| TEXAS REAL ESTATE COMMISSION POLICY, ACC REAL ESTATE DEPARTMENT |
| POLICY, AND ACC CONTINUING EDUCATION POLICY. |
| To earn credit for any Real Estate course you must attend 90 % of the total class |
| hours and make up any time you are absent. |
|
| 2) Absence: If a student misses a class or event, it is his/her responsibility to call a |
| fellow student or the instructor to see if there is an additional assignment or |
| preparation necessary before the next scheduled class meeting. Missing more |
| than six ( 6 ) classroom hours during the entire semester could mandate a failing |
| grade for the class to ensure compliance with Texas Real Estate |
| Commission (TREC) guidelines. |
|
| 3) Late assignments: Due to the nature of this course, late assignments will NOT be |
| accepted unless there is prior discussion and approval from the instructor. It is the |
| responsibility of the student to present the situation to the instructor for approval. |
|
| 4) Incomplete: An incomplete (I) will be rarely granted. This course is based |
| primarily on the completion of multiple exams. With penalty a student could miss a |
| scheduled exam date but would have a week to take the exam. It is solely the |
| responsibility of the student to contact their advisor or Admissions and Records to |
| withdraw from the course within any permitted deadline. |
|
| 5) Grading: TWO ( 2 ) exams will constitute of 90% of the grade. Class participation |
| and attendance will comprise the final 10% of the grade |
|
| Course Grade Average |
| 92 thru 100% "A" |
| 84 thru 91% "B" |
| 75 thru 83% "C" |
| 67 thru 75% "D" |
| Below 67% Failing |
|
| 6) The instructor WILL NOT withdraw any student. It is the responsibility of the student to |
| handle his/her withdrawal. (Exceptions will be in the case of Scholastic Dishonesty, |
| class disruption, or for other justifiable cause as deemed by the Instructor and the Dean |
| of Students at the respective campus.) |
|
| INSTRUCTOR CLASS POLICIES |
|
| 1) Missed Exams: If you miss an exam you have 48 hours to contact me and arrange |
| to take the exam. |
|
| 2) Student Withdrawal Policy: It is the responsibility of the student to withdraw from this |
| class. If you are unable to complete this course due to illness, moving, etc., please |
| officially drop or you will receive an F. |
|
| 3) Assignments will not be accepted late. |
|
| 4) Academic work submitted will be your own thought, research, or self-expression. |
|
| 5) Absolutely no Plagiarism will be tolerated. All submitted assignments will be |
| subject to review by Plagiarism software, and will be compared to other submissions |
| in the class. |
|
| 6) No assignment is to be shared, or be part of any collaborative work. Each |
| assignment will be the sole responsibility of the student submitting the assignment. |
| After assignments are submitted by all students, and graded by the instructor, then it |
| be acceptable to share and discuss assignments. |
|
| 7) Counseling services are available to help you with a variety of needs, if you need |
| More information please don’t hesitate to ask. |
|
| 8) Office hours are posted on my web page at http://www.austincc.edu/jmccoy . |
| Ask if you need help. I am here to help you! |
|
| ##################################################################################### |
|
V. COURSE INFORMATION SPRING 2009 |
|
RELE 1211 --- Law of Contracts --- College Credit |
2 Semester Hours --- Synomyn 32659 |
|
RELE 1011 --- Real Estate Contracts --- Continuing Education |
32 Classroom Hours --- Synonym 93891 |
|
4 weeks, March 9 to April 8, 2009 HBC Room 411.0 |
6:00 P.M. to 10:00 P.M. Mondays and Wednesdays |
|
| HBC Campus |
| 5930 Middle Fiskville Rd. |
| Austin, Texas 78752 |
| Office: Adjunct Office Room 301.6 |
| Phone: (512) 278-0025 |
| FAX: |
| Office Hours: |
| Adjunct Faculty Office HBC Room 301.6 |
| Monday & Wednesday 5:00 P.M. To 6:00 P.M. |
|
| Adjunct Faculty Office RVS Room 4108 |
| Tuesday and Thursday 11:00 A.M. to Noon |
|
| Web Address: http://www.austincc.edu/jmccoy |
|
| Departmental Web Site: http://www.austincc.edu/rele |
|
| COURSE CATALOG DESCRIPTION |
|
| RELE 1211 Law of Contracts |
| A review of real estate contracts required by Section 6A (3) of the Real Estate |
| License Act with emphasis on general contract law requirements. Also covers the |
| purpose, history, and working process of the Broker-Lawyer Committee. Includes |
| preparation of real estate contract forms with emphasis on the most commonly |
| used forms. |
|
| RELE 1011 Real Estate Contracts |
| Elements of a contract, offer and acceptance, statute of frauds, specific performance and |
| remedies for breach, unauthorized practice of law, commission rules relating to use of |
| adopted forms, and owner disclosure requirements. Integrated with college credit RELE 1211. |
|
| Textbook: |
| Texas Real Estate Contracts, Ralph Tamper, Fourth Edition, |
| ISBN-13: 978-0-7931-9625-8, 2006 by Dearborn Financial Publishing, Inc. |
| Each chapter of the text starts with a series of Key Terms. The prudent student will copy |
| them on 2" by 3" flash cards as study preparation for the real estate exam. Please read |
| the chapters in order to get a foundation of the information the author is trying to convey. |
| At the end of each chapter is a summary and chapter questions for you to gauge whether |
| gain the concepts of the chapter. Please come to class with the assigned chapters read. |
|
| Instructional Methodology: |
| This course will be primarily lecture with appropriate handouts on related real estate |
| information in the professional real estate industry. The students are expected to ask |
| questions about the textbook concepts and terms they have read about. The students will |
| receive a project which will demonstrate their knowledge of real estate contracts and an |
| ability to correctly fill out the forms. That will constitute 80% of their grade. Attendance |
| and class participation will constitute the remaining 20% of the grade. |
|
| Course Rationale: |
| The purpose of this course is to prepare the student in contract writing to legally and |
| successfully completing a real estate transaction. It will inform them of the changing |
| dynamics of the real estate industry in Texas, to prepare them for licensing exams, |
| and /or to provide them with knowledge to understand relationships between agents, |
| brokers, and clients in the real estate industry. |
|
| This course will help students develop the understanding and skills necessary to |
| become successful real estate agents, investors, or buyers or sellers of real estate. |
| This course integrates the basic real estate concepts in Texas, the disclosure and duties |
| to third parties and to clients. Real estate financing, property management, property value |
| and closings on real estate. |
|
| GOALS FOR STUDENT ACHIEVEMENT: |
|
| 1) Discuss, understand, and present real estate principles as related to their |
| impact on individual real estate business, the economy, and society. |
|
| 2) Participate in class discussions, presentations, and projects. |
|
| 3) Understand and demonstrate the concepts and procedures in making |
| real estate decisions. |
|
| 4) Be able to successfully and legally fill out real estate contracts to earn a commission. |
|
| INSTRUCTIONAL MATERIALS: |
|
| 1) Textbook – Texas Real Estate Contracts, Fourth Edition, Ralph Tamper, |
| Dearborn Financial Publishing, Inc., 2006 ( ISBN # 13: 978-0-7931-9625-8 ) |
|
| 2) Various periodicals, including newspapers, and other print media. |
| (Examples: Austin American Statesman, Texas A&M Real Estate Research |
| Center RECON, and other periodicals with topical real estate sections and |
| information.) |
|
| 3) Up to date real estate contacts from the TREC website. |
|
| 4) Special project materials and data as it applies. (Internet access helpful.) |
|
| KNOWLEDGE OBJECTIVES: |
|
| 1) Be able to legally and successfully fill out real estate contracts. |
|
| 2) Understand the concepts of basic real estate. |
|
| 3) Be able to perform real estate math problems. |
|
| 4) Understand and comply with Civil Rights laws, Fair Housing laws, Equal Opportunity |
| and credit laws, and applicable Texas laws. |
|
| 5) Have a working knowledge of Texas Real Estate License Act. |
|
| 6) Have a working knowledge of real estate financing. |
|
| 7) Identify and fully understand employment issues and relationships. |
|
| 8) Focus on Deceptive Trade Practices & the Consumer Protection Act. |
|
| and |
|
| 9) Special efforts will be made to focus on: |
|
| a. Fiduciary Duties and Responsibilities |
| b. Communications – Avoiding disclosure and misrepresentation problems |
| agreements. |
| c. Listing agreements, buyer agency agreements, and property management |
| agreements. |
| d. The Texas Real Estate License Act. |
|
| COURSE REQUIREMENTS: |
|
| 1) Attendance: Your participation will have a major impact upon how well you do in |
| this course. You must be in attendance in class question and grasp real estate |
| concepts. The taking of exams or turning in of assignments alone is not |
| sufficient to receiving a passing grade in this class. |
|
| TEXAS REAL ESTATE COMMISSION POLICY, ACC REAL ESTATE DEPARTMENT |
| POLICY, AND ACC CONTINUING EDUCATION POLICY. |
| To earn credit for any Real Estate course you must attend 90 % of the total class |
| hours and make up any time you are absent. |
|
| 2) Absence: If a student misses a class or event, it is his/her responsibility to call a |
| fellow student or the instructor to see if there is an additional assignment or |
| preparation necessary before the next scheduled class meeting. Missing more |
| than six ( 6 ) classroom hours during the entire semester could mandate a failing |
| grade for the class to ensure compliance with Texas Real Estate |
| Commission (TREC) guidelines. |
|
| 3) Late assignments: Due to the nature of this course, late assignments will NOT be |
| accepted unless there is prior discussion and approval from the instructor. It is the |
| responsibility of the student to present the situation to the instructor for approval. |
|
| 4) Incomplete: An incomplete (I) will be rarely granted. This course is based |
| primarily on the completion of multiple exams. With penalty a student could miss a |
| scheduled exam date but would have a week to take the exam. It is solely the |
| responsibility of the student to contact their advisor or Admissions and Records to |
| withdraw from the course within any permitted deadline. |
|
| 5) Grading: The assigned project will consist of 80% of the grade. Class participation |
| A661and attendance will comprise the final 20% of the grade |
|
| Course Grade Average |
| 92 thru 100% "A" |
| 84 thru 91% "B" |
| 75 thru 83% "C" |
| 67 thru 75% "D" |
| Below 67% Failing |
|
| 6) The instructor WILL NOT withdraw any student. It is the responsibility of the student to |
| handle his/her withdrawal. (Exceptions will be in the case of Scholastic Dishonesty, |
| class disruption, or for other justifiable cause as deemed by the Instructor and the Dean |
| of Students at the respective campus.) |
|
| INSTRUCTOR CLASS POLICIES |
|
| 1) Missed Exams: If you miss an exam you have 48 hours to contact me and arrange |
| to take the exam. |
|
| 2) Student Withdrawal Policy: It is the responsibility of the student to withdraw from this |
| class. If you are unable to complete this course due to illness, moving, etc., please |
| officially drop or you will receive an F. |
|
| 3) Assignments will not be accepted late. |
|
| 4) Academic work submitted will be your own thought, research, or self-expression. |
|
| 5) Absolutely no Plagiarism will be tolerated. All submitted assignments will be |
| subject to review by Plagiarism software, and will be compared to other submissions |
| in the class. |
|
| 6) No assignment is to be shared, or be part of any collaborative work. Each |
| assignment will be the sole responsibility of the student submitting the assignment. |
| After assignments are submitted by all students, and graded by the instructor, then it |
| be acceptable to share and discuss assignments. |
|
| 7) Counseling services are available to help you with a variety of needs, if you need |
| More information please don’t hesitate to ask. |
|
| 8) Office hours are posted on my web page at http://www.austincc.edu/jmccoy . |
| Ask if you need help. I am here to help you! |
|
| ##################################################################################### |
|
VI. COURSE INFORMATION SPRING 2009 |
| |
RELE 2201-005 --- Law of Agency --- College Credit |
2 Semesters Hours --- Synonym 32850 |
|
RELE 2001 --- Law of Agency --- Continuing Education |
32 Classroom Hours --- Synonym 93888 |
|
4 weeks, April 13 to May 6, 2009 HBC Room 411.0 |
6:00 P.M. through 10:00 PM, Mondays and Wednesdays |
|
| HBC Campus |
| 5930 Middle Fiskville Rd. |
| Austin, Texas 78752 |
| Office: Adjunct Office Room 301.6 |
| Phone: (512) 278-0025 |
| FAX: |
| Office Hours: |
| Adjunct Faculty Office HBC Room 301.6 |
| Monday & Wednesday 5:00 P.M. To 6:00 P.M. |
|
| Adjunct Faculty Office RVS Room 4108 |
| Tuesday and Thursday 11:00 A.M. to Noon |
|
| Web Address: http://www.austincc.edu/jmccoy |
|
| Departmental Web Site: http://www.austincc.edu/rele |
|
| COURSE CATALOG DESCRIPTION |
|
| RELE 2201 Law of Agency |
| A study of law of agency including principal-agent and master-servant |
| relationships, the authority of an agent, the termination of an agent's authority, |
| the fiduciary and other duties of an agent, employment law, deceptive trade |
| practices, listing or buying representation procedures, the disclosure of agency, |
| and related subjects. |
|
| RELE 2001 Law of Agency |
| A study of law of agency including principal-agent and master-servant relationships, the |
| authority of an agent, the termination of an agent's authority, the fiduciary and other duties |
| of an agent, employment law, deceptive trade practices, listing or buying procedures, and |
| the disclosure of an agency. Integrated with college credit RELE 2201 |
|
|
| Textbook: |
| Texas Real Estate Agency, 6th Edition, Dearborn Financial Publishing, Inc. |
| Each chapter of the text, TEXAS REAL ESTATE AGENCY, starts with a series of |
| learning objectivies. Please review before reading the chapters in order to get a |
| foundation of what the authors are trying to convey. At the end of each chapter is a |
| summary, key points, suggestions for brokers/agents, and a series of questions |
| (quiz & discussion) for your review. Along with the learning objectives at the beginning |
| of each chapter, please review the aforementioned sections at the end of each chapter |
| BEFORE you read each chapter. Reviewing before you read the chapter will provide |
| you with a thought process and outline as to what the authors are trying to convey. |
|
| Instructional Methodology: |
| This course will be primarily lecture with appropriate handouts and related real estate |
| contracts. Small group work will also take place in the classroom to engage the |
| student in class related problems and discussion issues. Class study will also be |
| augmented by authentic real estate events and Texas case law. Each student will be |
| appointed as either a LISTING AGENT or a BUYER'S AGENT for an individual |
| presentation in the last days of the class to determine the student's course grade. |
|
| Course Rationale: |
| The purpose of this course is to prepare the student to identify and understand the |
| dynamics of the real estate industry in Texas, to prepare them for licensing exams, |
| and /or to provide them with knowledge to understand relationships between agents, |
| brokers, and clients in the real estate industry. |
|
| This course will help students develop the understanding and skills necessary to |
| become successful real estate agents, investors, or buyers or sellers of real estate. |
| This course integrates the basic agency concepts in Texas, the disclosure and duties to |
| third parties and to clients. Employment issues are addressed as in the deceptive |
| trade practices and consumer protection issues |
|
| GOALS FOR STUDENT ACHIEVEMENT: |
|
| 1) Discuss, understand, and present Law of Agency principles as related to their |
| impact on individual real estate businesses, the economy, ans society |
|
| 2) Participate in class discussions, presentations, and projects. |
|
| 3) Understand and demonstrate the concepts and procedures in making |
| real estate decisions. |
|
| 4) Understand and define key terms and learning objectives included within each |
| chapter of the textbook. |
|
| INSTRUCTIONAL MATERIALS: |
|
| 1) Textbook – Texas Real Estate Agency; Donna K.Peeples, Minor Peoeples III, |
| 6th Edition; Dearborn Financial Publishing, Inc., 2006 (ISBN # 1-4195-3821-7) |
|
| 2) Various periodicals, including newspapers, and other print media. |
| (Examples: Austin American Statesman, Texas A&M Real Estate Research |
| Center RECON, and other periodicals with topical real estate sections and |
| information.) |
|
| 3) Other real estate materials and websites as researched and presented by |
| instructor and students. |
|
| 4) Special project materials and data as it applies. (Internet access helpful.) |
|
| KNOWLEDGE OBJECTIVES: |
|
| 1) Fully understand how Law of Agency impacts the Real Estate industry. |
|
| 2) Fully understand What Agency all about. |
|
| 3) Understand the overall process for Agency relationships, disclosure, and the |
| creation and termination of Agency. |
|
| 4) Be able to implement Buyer Agency, Seller Agency, & Subagency. |
|
| 5) Understand how to coordinate and facilitate Representations. |
|
| 6) Focus on the compliance with all laws, acts, and regulations. |
|
| 7) Identify and fully understand employment issues and relationships. |
|
| 8) Focus on Deceptive Trade Practices & the Consumer Protection Act. |
|
| and |
|
| 9) Special efforts will be made to focus on: |
|
| a. Fiduciary Duties and Responsibilities. |
| b. Communications – Avoiding disclosure and misrepresentation problems. |
| c. Listing agreements. |
| d. Intermediary and how that impacts representing more than one party. |
|
| COURSE REQUIREMENTS: |
|
| 1) Attendance: Your participation will have a major impact upon how well you do in |
| this course. You must be in attendance in class question and grasp real estate |
| concepts. The taking of exams or turning in of assignments alone is not |
| sufficient to receiving a passing grade in this class. |
|
| TEXAS REAL ESTATE COMMISSION POLICY, ACC REAL ESTATE DEPARTMENT |
| POLICY, AND ACC CONTINUING EDUCATION POLICY. |
| To earn credit for any Real Estate course you must attend 90 % of the total class |
| hours and make up any time you are absent. |
|
| 2) Absence: If a student misses a class or event, it is his/her responsibility to call a |
| fellow student or the instructor to see if there is an additional assignment or |
| preparation necessary before the next scheduled class meeting. Missing more |
| than six ( 6 ) classroom hours during the entire semester could mandate a failing |
| grade for the class to ensure compliance with Texas Real Estate |
| Commission (TREC) guidelines. |
|
| 3) Late assignments: Due to the nature of this course, late assignments will NOT be |
| accepted unless there is prior discussion and approval from the instructor. It is the |
| responsibility of the student to present the situation to the instructor for approval. |
|
| 4) Incomplete: An incomplete (I) will be rarely granted. This course is based |
| primarily on the completion of multiple exams. With penalty a student could miss a |
| scheduled exam date but would have a week to take the exam. It is solely the |
| responsibility of the student to contact their advisor or Admissions and Records to |
| withdraw from the course within any permitted deadline. |
|
| 5) Grading: A student presentation to the class will consist of 80% of the grade. |
| Class participation and attendance will comprise the final 20% of the grade. |
|
| Course Grade Average |
| 92 thru 100% "A" |
| 84 thru 91% "B" |
| 75 thru 83% "C" |
| 67 thru 75% "D" |
| Below 67% Failing |
|
| 6) The instructor WILL NOT withdraw any student. It is the responsibility of the student to |
| handle his/her withdrawal. (Exceptions will be in the case of Scholastic Dishonesty, |
| class disruption, or for other justifiable cause as deemed by the Instructor and the Dean |
| of Students at the respective campus.) |
|
| INSTRUCTOR CLASS POLICIES |
|
| 1) Missed Evaluations: If you miss an evaluation, you have 48 hours to contact me and |
| arrange to "present the project" to a student audience. |
|
| 2) Student Withdrawal Policy: It is the responsibility of the student to withdraw from this |
| class. If you are unable to complete this course due to illness, moving, etc., please |
| officially drop or you will receive an " F". |
|
| 3) Assignments will not be accepted late. |
|
| 4) Academic work submitted will be your own thought, research, or self-expression. |
|
| 5) Absolutely no Plagiarism will be tolerated. All submitted assignments will be subject |
| to review by Plagiarism software, and will be compared to other submissions |
| in the class. |
|
| 6) No assignment is to be shared, or be part of any collaborative work. Each |
| assignment will be the sole responsibility of the student submitting the assignment. |
| After assignments are submitted by all students, and graded by the instructor, then it |
| be acceptable to share and discuss assignments. |
|
| 7) Counseling services are available to help you with a variety of needs, if you need more |
| information please don’t hesitate to ask. |
|
| 8) Office hours are posted on my web page at http://www.austincc.edu/jmccoy . |
| Ask if you need help. I am here to help you! |
|