COURSE NUMBER & NAME: 358 Realty Transactions

CREDIT HOURS: Two (2) REQUIRED: No ELECTIVE: Yes

PREREQUISITES (Required): Property I and II; Contracts I & II; Income Tax

PREREQUISITES (Advised): Debtor & Creditor; Secured Transactions

WHEN OFFERED: Annually (Usually in Spring Semester)

SUBSTANTIVE COVERAGE AND OBJECTIVES OF COURSE:

Transactional aspects of the buying, selling and financing of real property; Professional Responsibility problems; brokerage law; contracts; real estate closings; title examinations and title insurance; deeds of trust and mortgages; foreclosures; bankruptcy; income tax implications; environmental issues.

COURSE MATERIALS:

Course book is not the traditional casebook, but is hornbook type with problems. In addition to the course book, students are provided a notebook containing relevant real estate articles and forms for review and discussion.

RELATION TO OTHER OFFERINGS IN CURRICULUM:

See prerequisites (required and advised) listed above.

RELATION TO BAR EXAM SUBJECTS:

Real Property; Contracts.

Persons interested in real estate practice or general practice would benefit from this advanced real estate course.