FI425 Principles of Real Estate

for S2J 2009

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FI 425 Principles of Real Estate


S2J 2009 PV


Kohlbrecher, Jennifer




BSBA, Finance and Real Estate, University of Missouri
MBA, University of Missouri

Daytime Phone



Semester Dates

March 18 - May 6

Class Days


Class Time

5:30 - 9:50 PM



Credit Hours


Real Estate Principles, 9th edition, by Floyd and Allen

Additional Resources:

A financial calculator is not required, but is highly recommended.  Several models can be used for class, but the Texas Instruments BAII Plus (approx $30-35) is suggested.

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
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Course Description:
A study of real property, its legal title, transfer, ownership, finance, and management. PREREQUISITE: FI 360 or permission of the instructor 3:0:3

Learning Outcomes:
  Core Learning Outcomes

  1. Describe what is entailed in property rights.
  2. Explain a legal description.
  3. List the legal requirements of deeds and leases.
  4. Explain a real estate contract.
  5. Explain a real estate appraisal.
  6. Describe the contents or a mortgage or deed of trust.
  7. Define property insurance requirements.

Core Assessment:

Class Assessment:

Performance will be assessed through the following methods:

Exams: There will be two exams.  Questions may take the form of multiple choice, short answer, problems, and essay. 
In class assignments & quizzes:  There will be several short, in class quizzes and homework assignments which may be individual based or group based.  These will serve primarily to reinforce material discussed in class.

Paper and presentation:  Each student will complete a research paper on a topic related to the course.  The topic must be approved by the instructor, and a formal outline must be provided in advance.  In addition, each student will prepare a presentation to discuss the findings of their project.  Additional resources will be provided in class regarding the expectations for the research paper and for giving a formal business presentation.

Attendance & participation: Since this is an accelerated course, attendance is crucial to success.  Please read the assigned chapters prior to class and bring your textbook to each session.  It is also vital to participate in class discussion in order to receive full credit for this portion of the grading.  Part of this grade will include an informal article review (dates to be assigned in class) where each student will bring a current real estate article to class for discussion.


mid term




in class assignments (approx 5 total)


paper and presentation


attendance and participation




Grading Scale
90%-100%     A
80%-89%       B
70%-79%       C
60%-69%       D
Below 60%     F

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business and Management.

Late Submission of Course Materials:

Assignments are due at the beginning of class and late assignments will not be accepted.  If you are unable to attend class, please inform the instructor as soon as possible so that alternate arrangements may be made for work missed.   Tests will not be made up except with advance approval from the instructor or in a situation of personal emergency.

Classroom Rules of Conduct:

Turn off cell phones prior to class to prevent disruption.  Class begins promptly at 5:30.  Please share your opinions and ideas in class, and bring an open mind.

Course Topic/Dates/Assignments:

Week Date Topics
1 3/18 intro to class, review ch. 1-3, assign groups
2 3/25 review ch. 4-6; article reviews
3 4/1 ch. 7,8,9; article reviews
4 4/8 review ch. 10
EXAM 1 (ch. 1-8)
5 4/15 review ch. 16, start ch. 18; article reviews
project outline is due
6 4/22 finish ch. 18, ch. 19
7 4/29 project is due
review ch. 12,13,15
8 5/6 presentations
review for exam
EXAM 2 (9,10,12,13,15,16,18,19)

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2008-2009 Undergraduate Catalog Page 87

Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2008-2009 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2008-2009 Undergraduate Catalog Page 89-90

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .


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Last Updated:2/23/2009 8:51:36 AM