Catalog: 2011–2012 Catalog Year

Course Descriptions

Real Estate (RE)

Social Science, Education, Humanities & Public Service Division

RE 101: Real Estate Principles I

Units (Credits): 3; Prerequisites: none

Prepares students for careers in the real estate profession. Includes law of agency, listing agreements, encumbrances, legal descriptions, taxes, contracts and escrow. This course, along with RE 103, satisfies requirements of the Real Estate Division and Commission for taking the salesperson exam.

RE 102: Real Estate Math

Units (Credits): 3; Prerequisites: none

Acquaints students with real estate math problems and develops some skills in the use of hand-held calculators to solve such problems. Includes review of basic arithmetic principles, percent, mortgage math, appraisal and depreciation problems, proration, escrow problems pertaining to closing costs, plus brief introduction to land survey problems and calculations of area. Note: Non-transferable for an NSHE baccalaureate degree. Non-applicable towards an AA or AS Degree.

RE 103: Real Estate Principles II

Units (Credits): 3; Prerequisites or Corequisites: RE 101

Provides in-depth study of the real estate profession including Nevada real estate laws. Covers rules and regulations pertaining to NRS 645 and NRS 119, along with listing procedures, contracts, closing statements and office procedures.

RE 104: Real Estate Law & Conveyancing

Units (Credits): 3; Prerequisites: none

Acquaints students to specific laws pertaining to real estate ownership, transactions and laws governing real estate agencies. Includes agency, contracts, deeds, easements, estates in land, zoning, restrictions, tenancy, liens, foreclosures, title transfer, leases and court decisions.

RE 198: Special Topics

Units (Credits): 1; Prerequisites: none

Focuses on the requirements for ethical behavior and competent performance by appraisers set forth in the Uniform Standards of Professional Appraisal Practice. Emphasizes the role of the appraiser and examines the implied impartiality often associated with this role. Explores how the special provisions of the Uniform Standards apply to situations that appraisers encounter in everyday practice. Twelve hours are devoted to the standards and three hours are devoted to Nevada state law (NRS 645C). Note: Non-transferable for an NSHE baccalaureate degree. Non-applicable towards an AA or AS Degree.

RE 199: Real Estate Investments

Units (Credits): 3; Prerequisites: none

Introduces students to real estate investment and ownership. Covers property analysis, state and federal regulations, management, financial statements, formulas, techniques, protection, and investment guidelines.

RE 201: Real Estate Brokerage

Units (Credits): 3; Prerequisites: none

Acquaints the student with the operations of a real estate brokerage office. Covers ethics, listings, office location, physical layout, budgeting, records, and office procedures. Note: Non-transferable for an NSHE baccalaureate degree. Non-applicable towards an AA or AS Degree.

RE 202: Real Estate Financing & Insurance

Units (Credits): 3; Prerequisites: RE 101

Acquaints the student with procedures and techniques required for the analysis of financing real property for purchase, including conventional Federal Housing Administration, Veterans Administration, interim and takeout loans.

RE 205: Real Property Management

Units (Credits): 3; Prerequisites: none

Covers the principles of real property management, including the role of an effective managing agent, accounting systems and financial controls, human relations, leases, marketing, developing management checklists, and developing effective service techniques. This course serves as a prerequisite for work in property management. Note: Non-transferable for an NSHE baccalaureate degree. Non-applicable towards an AA or AS Degree.

RE 206: Real Estate Appraising

Units (Credits): 3; Prerequisites: none

Acquaints the student with appraising concepts and skills for appraising real estate for sale tax purposes. Covers basic principles, economic trends, site analysis valuation, neighborhood evaluations, residential style and functional utility.



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