COURSE SYLLABUS

SPRING 2004

 

 

Course:                                  Principles & Practice of Real Estate

 

Course Number:                   UREL – 232-01

 

Text Book:                             Real Estate Principles by Floyd and Allen (7th Edition)

This text is also used for UREL- 332- Advanced Real Estate Principles taught in the spring beginning Spring 2005.

                                                                              

Meeting Time:                       5:45 PM8:25 PM, Tuesday evenings

 

Room:                                    Newcomb Hall Room 200A

 

Instructor:                             Gayle H. Boudousquie, MAI

                                                210 Baronne Street

                                                Suite 1405, FNBC Bldg.

                                                New Orleans, LA 70112

                                                (504) 525‑5700 :  Cell- 495-2772

                                                FAX: (504) 525‑5705

                                                Home: (504) 947‑1432

                                                e-mail: gaylehb@bellsouth.net

 

Office Hours:                        Monday ‑ Friday by appointment, or after class

 

 

Course Objectives:             

Students are exposed to real estate terminology, brokerage, appraisal, fair housing, financing, agency, contracts, closing statements, and buy or rent decisions.  The course will:

 

·         Help prepare the student for the real estate licensing exam

 

·         Understand the relationship that exists between you and a real estate agent working with you

 

·         Be able to use information from the internet and real estate agents  to feel secure in writing real estate contracts and leases

 

·         Know what happens at a Lender’s Office when applying for a loan, and know what occurs at the Real Estate Closing when the title transfers from the seller to the buyer.

 

 

 

The course has been approved by the Louisiana Real Estate Commission for 45 hours of educational credit toward  real estate licensing.

 

Credit Hours:                        Three (3)


 

General Information:           You will need a four-function calculator.  You are expected to read the assigned chapters prior to class.  Each class begins with questions and a short review of prior material.

 

Homework assignments are reading the assigned chapters and being able to discuss the material in class. Some problems from the text will be assigned. Questions are welcomed during class.

 

This text is also used for UREL- 332- Advanced Real Estate Principles.         

 

 

 

Grading:                                 Your final grade is based on the following:

 

   Exam 1                                                               30%

   Exam 2                                                               30%

   Exam 3                                                               30%

Class Participation/Quizzes                                10 %

 

Exams ‑ combination of multiple choice questions and problems

 

Over 93 = A                       80-83 = B-                    67‑69 = D+

   90-93 = A-                       77-79 = C+                   64-66 = D             

   87‑89 = B +                     74-76 = C                     60-63 = D-­

   84‑86 = B                        70-73 = C-                    BELOW 60 = F

                                                                                                             

Make‑Up Exams:                  You must meet the following requirements in order to make up an

                                                exam:

 

1. Valid reason for missing the exam.

 

2. Make‑up exam must be taken prior to the next scheduled class.

 

3. Good class attendance

 

 

 

 


 

 

 

CLASS DATE                         HOMEWORK ASSIGNMENT – Spring 2004

                                                 (to be completed prior to class)

 

 

January 20:                            Orientation – class overview- real estate as a profession

 

January 27:                            Chapter 2- Property Rights and Legal Descriptions ( Including Township Range and Section)

                                                Chapter 3 - Private Restrictions on Ownership

 

February 3:                             Chapter 4 - Public Restrictions on Ownership

                                                 Chapter 5 - Deeds and Leases

 

February 10:                          Chapter 6 - Contracts

                                                 Chapter 7- Title Examination and the Closing Process

 

February 17:                          Exam 1- Chapters 2, 3, 4, 5, 6, and 7

 

February 24:                          Mardi Gras          no class

 

March 2:                                Chapter 10 - Real Estate Brokerage includes Ethics, Fair Housing, and Agency.

March 9:                                  Chapter 10, continued. Chapter 11 - Real Estate Appraisal

March 16:                               Chapter 11, continued.

 

March 23:                               Chapter 12 – Property Management and review for test

 

March 30:                               Exam 2 - Chapters 10, 11, and 12

 

April 6:                                    Chapter 13 - Residential and Commercial Property Financing

                                               Chapter 15 – Mortgage Mechanics

 

April 13:                                  Chapter 15, continued

 

April 20:                                  Chapter 19 – Principles of Real Property Insurance

                                                

April 27 :                                  Chapter 20 – Home Purchase Decisions

 

May 4:                                     Exam 3  - Chapters 13, 15, 19, and 20

 

GhbsyPrincilpesSpring 2004