Class
Lab
Credit
REAL ESTATE
Effective Term – Spring 2007 [2007*01] – CRC 09/20/06 RLS 112 Broker Prelicensing Prerequisites: None Corequisites: None 5 0 5
This course provides basic instruction in real estate principles and practices. Topics include law, finance, brokerage, closing, valuation, management, taxation, mathematics, construction, land use, property insurance, and NC License Law and Commission Rules. Upon completion, students should be able to demonstrate basic knowledge and skills necessary for real estate sales. Effective Term – Fall 2000 [2000*03] RLS 112 Real Estate Fundamentals Prerequisites: None Corequisites: None
5
0
5
This course provides basic instruction in real estate principles and practices. Topics include law, finance, brokerage, closing, valuation, management, taxation, mathematics, construction, land use, property insurance, and NC License Law and Commission Rules. Upon completion, students should be able to demonstrate basic knowledge and skills necessary for real estate sales.
Effective Term – Summer 1997 [1997*02] RLS 112 Real Estate Fundamentals Prerequisites: None Corequisites: None
4
0
4
This course provides basic instruction in real estate principles and practices. Topics include law, finance, brokerage, closing, valuation, management, taxation, mathematics, construction, land use, property insurance, and NC License Law and Commission Rules. Upon completion, students should be able to demonstrate basic knowledge and skills necessary for real estate sales. Effective Term – Summer 1997 [1997*02] RLS 113 Real Estate Mathematics Prerequisites: None Corequisites: None
2
0
2
This course provides basic instruction in business mathematics applicable to real estate situations. Topics include area computations, percentage of profit/loss, bookkeeping and accounting methods, appreciation and depreciation, financial calculations and interest yields, property valuation, insurance, taxes, and commissions. Upon completion, students should be able to demonstrate proficiency in applied real estate mathematics.
Combined Course Library RLS - 1
May 18, 2007
Class
Lab
Credit
Effective Term – Fall 1998 [1998*03] RLS 114 Real Estate Brokerage Prerequisites: RLS 112 Corequisites: None
2
0
2
This course provides basic instruction in the various real estate brokerage operations, including trust account records and procedures. Topics include establishing a brokerage firm, management concepts and practices, personnel and training, property management, advertising and publicity, records and bookkeeping systems, and financial operations. Upon completion, students should be able to establish, operate, and manage a realty brokerage practice in a manner which protects and serves the public interest. Effective Term – Summer 1997 [1997*02] RLS 114 Real Estate Brokerage Prerequisites: RLS 112 or current Real Estate license Corequisites: None
2
0
2
This course provides basic instruction in the various real estate brokerage operations, including trust account records and procedures. Topics include establishing a brokerage firm, management concepts and practices, personnel and training, property management, advertising and publicity, records and bookkeeping systems, and financial operations. Upon completion, students should be able to establish, operate, and manage a realty brokerage practice in a manner which protects and serves the public interest. Effective Term – Fall 1998 [1998*03] RLS 115 Real Estate Finance Prerequisites: RLS 112 Corequisites: None
2
0
2
This course provides advanced instruction in financing real estate transactions and real property valuation. Topics include sources of mortgage funds, financing instruments, mortgage types, loan underwriting, essential mathematics, and property valuation. Upon completion, students should be able to demonstrate knowledge of real estate finance necessary to act as real estate brokers. Effective Term – Summer 1997 [1997*02] RLS 115 Real Estate Finance Prerequisites: RLS 112 or current Real Estate license Corequisites: None
2
0
2
This course provides advanced instruction in financing real estate transactions and real property valuation. Topics include sources of mortgage funds, financing instruments, mortgage types, loan underwriting, essential mathematics, and property valuation. Upon completion, students should be able to demonstrate knowledge of real estate finance necessary to act as real estate brokers.
Combined Course Library RLS - 2
May 18, 2007
Class
Lab
Credit
Effective Term – Summer 1997 [1997*02] RLS 116 Real Estate Law Prerequisites: RLS 112 or current Real Estate license Corequisites: None
2
0
2
This course provides advanced instruction in legal aspects of real estate brokerage. Topics include property ownership and interests, brokerage relationships, agency law, contracts, settlement statements, and NC License Law and Commission Rules. Upon completion, students should be able to demonstrate knowledge of laws relating to real estate brokerage necessary to act as real estate brokers. Effective Term – Summer 1997 [1997*02] RLS 117 Real Estate Broker Prerequisites: RLS 112 Corequisites: None
4
0
4
This course consists of advanced-level instruction on a variety of topics related to Real Estate law and brokerage practices. Topics include: Real Estate brokerage, finance and sales, RESPA, fair housing issues, selected N. C. Real Estate License Law and N. C. Real Estate Commission Rule issues. Upon completion students should be able to demonstrate a knowledge of real estate brokerage, law and finance. Effective Term – Spring 2006 [2006*01] - CRC 09/28/05 RLS 120 Real Estate Practice Prerequisites: RLS 112 Corequisites: None
2
0
2
This course emphasized the knowledge and skills necessary for a successful real estate practice. Topics include land use controls, methods of measuring improvements, commercial real estate, property management, selling techniques, and other aspects of the real estate industry. Upon completion, students should be able to demonstrate knowledge of the actual operation of a real estate practice. Effective Term – Fall 2007 [2007*03] – SBCC 05/18/07 RLS 121 Broker Relationships Prerequisites: RLS 112 Corequisites: None
2
0
2
This course provides post-licensing instruction in broker relationships and responsibilities when working with residential sellers and buyers. Topics include agency relationships and duties, agency contracts and disclosure, and the practical aspects of working with residential buyers and sellers. Upon completion, students should be able to demonstrate knowledge and skills necessary to effectively work with residential buyers/sellers according to law and prevailing practices. Effective Term – Fall 2007 [2007*03] – SBCC 05/18/07 RLS 122 Contracts and Closing Prerequisites: RLS 112 Corequisites: None
2
0
2
This course provides post-licensing instruction in broker responsibilities relating to real estate sales contracts, contract procedures, the Real Estate Settlement Procedures Act and closings. Topics include contract law concepts, residential sales contract preparation and procedures, closing procedures and closing statement preparation. Upon completion, students should be able to handle sales contract negotiations, prepare residential sales contracts, assist sellers/buyers prepare for closing and verify closing statements.
Combined Course Library RLS - 3 May 18, 2007
Class Effective Term – Fall 2007 [2007*03] – SBCC 05/18/07 RLS 123 Select Real Estate Issues Prerequisites: RLS 112 Corequisites: None
Lab
Credit
2
0
2
This course provides post-licensing instruction in real estate on selected topics of special importance to licensees. Topics include commercial real estate brokerage, residential property management, land use controls, loan fraud, license law, fair housing, establishing a brokerage firm, and manufactured/modular homes. Upon completion, students should be able to demonstrate knowledge of commercial real estate brokerage, residential property management, and the other topics addressed in this course. Effective Term – Summer 1997 [1997*02] RLS 212 Real Property Management Prerequisites: RLS 112 Corequisites: None
2
0
2
This course covers the principles and practices employed in the management of income-producing properties. Topics include accounting and budgeting techniques, leases and contracts, tenant selection, marketing and investment analysis, and other responsibilities of the property manager. Upon completion, students should be able to read and analyze a property management plan. Effective Term – Summer 1997 [1997*02] RLS 214 Construction Mthd/Materials Prerequisites: None Corequisites: None
2
2
3
This course introduces the design of residential structures and the materials, methods, and systems utilized in their construction. Topics include architectural and site considerations, building codes and inspections, cooling and heating systems, and interior/exterior materials. Upon completion, students should be able to identify architectural styles, cabinetry, doors, roofs, windows, and interior/exterior materials and describe environmental concerns. Effective Term – Summer 1997 [1997*02] RLS 216 Land Use Controls Prerequisites: RLS 112 Corequisites: None
2
0
2
This course analyzes private and public issues germane to the "highest and best use" of real property. Topics include the property survey, zoning ordinances, financing, and other considerations appropriate to the development of real property. Upon completion, students should be able to explain public policies and considerations regarding the uses and development of private property. Effective Term – Summer 1997 [1997*02] RLS 218 Intro Real Prop Valuation Prerequisites: None Corequisites: None
2
0
2
This course provides an overview of the entire valuation process for real property. Topics include basic real property law, concepts of value, operations of real estate markets, mathematical and statistical concepts, and residential construction and design. Upon completion, students should be able to read and interpret a form appraisal.
Combined Course Library RLS - 4
May 18, 2007
Class
Lab
Credit
Effective Term – Summer 1997 [1997*02] RLS 220 Real Est Invest Analysis Prerequisites: BUS 225 Corequisites: None
3
0
3
This course introduces techniques necessary to compare alternative real estate investments. Topics include analysis of positive and negative cash flows, risk and return, acquisition, ownership, disposition of real property, and tax considerations. Upon completion, students should be able to select from alternative investment opportunities.
See the SEL and SEM prefixes for generic Selected Topics and Seminar course descriptions.
Combined Course Library RLS - 5
May 18, 2007