Austin Community College - Start Here. Get There.Welcome to Austin Community College
ApplyScheduleRegister
Austin Community College
5930 Middle Fiskville Rd.
Austin, Texas 78752-4390
512.223.4ACC (4222)

Syllabi

 

 

 

spacer

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!

 

 

Future StudentsCurrent StudentsFaculty and StaffCommunity and BusinessNewsroomA-Z Index