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REAL ESTATE MATHEMATICS, RELE 1225 COURSE MASTER SYLLABUS
MARKETING DEPARTMENT |
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COURSE NUMBER: RELE 1225
COURSE TITLE: Real Estate Mathematics
CREDIT HOURS: 2; Lecture Hours: 2: Lab Hours: 0
METHOD OF PRESENTATION: Two-hour lecture/ classroom discussion or Open Campus.
COURSE DISCRIPTION:
RELE 1225 REAL ESTATE MATHEMATICS (2-2-0). Mathematical logic and basic arithmetic skills including percentages, interest, time-valued money, depreciation, amortization, proration, and estimation of closing statement. . Skills: R
REQUIRED TEXTBOOKS/
MATERIALS:
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ISBN |
Title |
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Publisher |
Author |
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0793135230 |
Mastering
Real Estate Math
(7th edition) |
TX |
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Ralph
Tamper |
SCANS (SECRETARY’S COMMISSION ON ACHIEVING NECESSARY SKILLS):
Course SCANS Competencies for Real
Estate Mathematics, RELE 1225
Please go to http://www.austincc.edu/mkt/scans.htm#whatis
for a complete definition and explanation of SCANS. This list summarizes the SCANS competencies
addressed in this particular course.
SCANS Competencies For RELE 1225
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RESOURCES 1.1 Manages Time |
INTERPERSONAL 2.1 Participates as a Member of a Team 2.2 Teaches Others 2.5 Negotiates to Arrive at a Decision 2.6 Works with cultural diversity |
INFORMATION 3.1 Acquires and Evaluates Information 3.2 Organizes and Maintains Information 3.3 Uses Computers to Process Information |
SYSTEMS 4.1 Understands System |
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TECHNOLOGY (None for this course) |
BASIC SKILLS 6.1 6.2 Writing 6.3 Arithmetic 6.4 Mathematics 6.5 Listening 6.6 Speaking |
THINKING SKILLS 7.1 Creative Thinking 7.2 Decision Making 7.3 Problem Solving 7.4 Mental Visualization 7.5 Knowing How to Learn 7.6 Reasoning |
PERSONAL QUALITIES 8.1 Responsibility 8.2 Self-Esteem 8.3 Sociability 8.4 Self-Management 8.5 Integrity/Honesty |
INSTRUCTIONAL METHODOLOGY:
See specific instructor’s syllabus
COURSE RATIONALE:
The purpose of this course is to assist the student in developing a higher level of competence in working with the numbers and calculations used in the Real Estate business. The information in this course will help you with calculations used in typical Real Estate acrivities.
COMMON COURSE LEARNING
OBJECTIVES/OUTCOMES
1.
Understand
fractions, decimals and percentages
2.
Understand list
price, sales price and net price
3.
Understand
appreciation and depreciation
4.
Understand
compensation
5.
Understand ad valorem taxes
6.
Understand
property taxes and legal descriptions
7.
Understand area
and volume
8.
Understand
interest, appraisal methods and tools of investment analysis
9.
Understand prorations
10.
Understand
closing statements
11.
Understand lease
calculations
12.
Chapter
objectives that appear in the textbook
GRADING SYSTEM:
Your instructor will provide
specific information about how you will be graded in this course.
COURSE POLICIES:
Departmental
policies for Incompletes, Attendance, and Withdrawal are as follows:
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.
Attendance Policy: All students
are expected to attend classes.
Non-attendance will have an impact on the student’s grade.
Withdrawal Policy: It is the
student’s responsibility to withdraw from a course. Instructors are allowed to withdraw students
but students must not rely on their instructor to withdraw them if they wish to
withdraw.
Academic Freedom Statement: Each student is strongly
encouraged to participate in class. In any classroom 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” (see 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 include 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” (see Student Handbook).
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