RET 101 Real Estate Transactions 3 credits

Fundamentals of real estate practice are taught with emphasis on principles rather than sales techniques. The course shall include instruction in real estate law, types of interest and ownership in real estate, home ownership, legal descriptions, titles, liens, taxes, encumbrances, listing, advertising, appraisal, finance, closings and professional code of ethics. Although the points of view of the consumer is stressed, students are thoroughly oriented to the vocational aspects of the field. R (3 lecture hours)