Real and personal property acquisition, ownership, estates in real property, joint tenancies, partnerships, sales contracts, homesteads, deeds and taxes. Methods of financing, real estate practices, and regulation of the real estate business.

California law as applied to real estate problems; origin and sources of California real estate law; contracts in general; real estate contracts; law of agency and regulation of agents; classification of property; easements; acquisition and transfer of interests of property; methods and incidents of ownership; land description; recordation.

Real Estate appraisals, the appraisal process, and approaches, methods, and techniques used to determine value of various types of property; current trends, neighborhood analysis, and preparing an appraisal report; emphasis on residential and single-unit property.

Financing transactions in the real estate business and in lending institutions; analysis of money markets, interest rates and real estate financing. Financing procedures, residential and commercial financing.

Principles and practical techniques of operating a real estate business. Emphasis on daily activities of brokers and salesperson; introduction to appraising, exchanges, listings, advertising, financing, and marketing. Exchanges, specialized brokerage, property management, professional and public relations.

This course covers real estate property management, which, in a broad sense, is the administration, operation, and maintenance of a piece of real estate. The different types of managed properties explained range from rural single unit residential properties to high rise office skyscrapers in the city center. The federal, state and local laws pertaining to the management of property are reviewed in detail. Each and every property has a property manager and a property management plan with goals and objectives. This class reviews in detail the structure, strategy, implementation, including government and legal aspects of managing properties large and small. The class explores the complexities of emergency procedures, risk management, criminal and security precautions and limiting the risk of all kinds as it relates to managing and owning real estate.

This course is designed to prepare the student for the State of California DRE licensing examination. In the course of that preparation many real estate topics are covered in examination format. The following will be covered: Real and personal property acquisition, ownership, estates in real property, joint tenancies, partnerships, sales contracts, homesteads, deeds and taxes. Methods of financing, real estate practices, and regulation of the real estate business.