FI 425 Principles of Real Estate
U1J 2012 IN
Hodges, Wayne Edward
MBA/FinanceCertified with the Kansas Real Estate CommissionCertified with the Missouri Real Estate Commission
8700 NW River Park Drive, Parkville, MO 64152
8:00 a.m. to 5:00 p.m.
06/04/2012 to 07/29/12
5:30 - 10 PM
Textbook: Real Estate Principles 11th Edition
Charles J. Jacobus
Textbooks can be purchased through the MBS bookstore
Textbooks can be purchased through the Parkville Bookstore
Additional Resources: Standard Calculator and/or HP 12C
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.Career Counseling - The Career Development Center (CDC) provides services for all stages of career development. The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email firstname.lastname@example.org or call 800-927-3024Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.
Educational Philosophy: To provide a clear and concise understanding of real estate principles as it pertains to fee simple ownership, transfer of deed & title, sales agency, parcel identification, commercial & residential zoning and real property appraisal.
Learning Outcomes: Core Learning Outcomes
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 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.
FI 425 PRINCIPLES OF REAL ESTATE
WEEK 1/June 6
Discuss: Chapter 1 Introduction to Real Estate
Chapter 2 Nature and Description of Real Estate
(Pick teams for Group Presentations)
WEEK 2/June 13:
Discuss: Chapter 5 Transferring Title
Chapter 6 Recordation, Abstracts, and Title Insurance
Chapter 7 Contract Law
Chapter 8 Real Estate Sales Contracts
WEEK 3/June 20:
Discuss: Chapter 9 Mortgage and Note
Chapter 10 Deed of Trust
Chapter 11 Lending Practices
Chapter 12 The Loan and the Consumer
(Review for Mid-term Exam, first 12 Chapters)
WEEK 4/June 27:
Discuss: Chapter 13 Sources of Financing
Chapter 14 Types of Financing
WEEK 5/July 4:
Discuss: Chapter 15 Taxes & Assessment
Chapter 16 Title Closing & Escrow
Chapter 17 Real Estate Leases
Chapter 18 Real Estate Appraisal
WEEK 6/July 11:
Discuss Chapter 19 Licensing Laws and Professional Affiliation
Chapter 20 The Principal-Broker Relationship: Employment
Chapter 21 The Principal-Broker Relationship: Agency
Chapter 22 Fair Housing
WEEK 7/July 18:
Discuss: Chapter 23 Condominiums, PUD's and Timeshares
Chapter 24 Organizational Change/Stress Mgmt.
Chapter 25 Land Use Control
Chapter 26 Real Estate & the Economy
Chapter 27 Investing in Real Estate
(Review for Final Exam Chapters 13 through 27)
WEEK 8/July 25: Final Exam
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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 93
Plagiarism: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. from Park University 2011-2012 Undergraduate Catalog Page 93
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2011-2012 Undergraduate Catalog Page 96
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: http://www.park.edu/disability .
As a team you are to complete a Real Estate Ethics Paper. You are to find a real estate ethics article and make a presentation to the class on your findings. The paper and presentation could be relevant to sales agency, lending practices, licensing and real property appraisal. It can be presented in the form of a skit and/or power point presentation. Following the theoretical approaches as detailed in the text, use the following criteria to develop your analysis.
Each team will have 20-25 minutes to brief the class on your respective topic. You must incorporate the principles and techniques learned to date. The reconciled grade for the Group Project will come from two sources: written team paper and group presentation. Each source is described below.
Purpose/Objectives – The purpose and objectives of this presentation were clearly explained and understandable.
Organization – There was evidence of planning. Materials and strategies were well organized.
Knowledge- Subject/product knowledge was highly evident. Enthusiasm in presenting material.
Involvement – The audience got involved; presenters encouraged involvement
Visual Aid – Appropriate visual aid(s) to enhance audience understanding
Last Updated:4/30/2012 8:48:30 AM