LA230-Law
for the Real Estate Business
January
Term 2011
Instructor
Information:
|
Name: Dr. Tracy Parker |
Office: H229 |
|
E-mail: tparker@frederick.edu (Email is the preferred method of communication.) |
Phone Number:
301-624-2819 |
|
Office Hours: by appointment |
Campus Mail Box Number:
290 |
Course
Information:
|
Credits:3 |
Last Day to Drop: Jan. 11, 2011 |
|
Prerequisites: LA100 |
Co-requisites: |
|
Meeting Day(s): Online |
Meeting Time(s): There are no specific meeting times for this
course. Weekly assignments will be
posted on Tuesdays by noon. |
Course
Description:
|
Reviews the essentials of real estate law and the process
and procedures for which the paralegal is responsible, including discussion
of landlord/tenant matters; easements and covenants; analysis of real estate
contracts; types and sources of mortgage documents; settlement statements;
closing and coordination of closing. |
Core
Learning Outcomes:
By the completion of the course students will:
|
1. Demonstrate
an understanding of the nature of real property |
|
2. Evaluate
the real estate transaction |
|
3. Analyze
land use and regulation |
|
4. Observe
the application of real estate law |
|
5. Evaluate
ethical and professional issue in the area of real estate law |
|
Group Discussion |
|
Guided Readings |
|
Inquiry Based Activity |
How
is this course organized:
|
|
|
|
LA104-Contracts
online is not a self-paced course.
Assignments are posted on Mondays by 5pm. Each assignment week begins on Monday at
5pm and ends the following Monday at 4:30pm.
You are responsible for checking your class located on the Blackboard
site and your email regularly (at least a few times a week). If you have questions regarding the organization
of the course, you are responsible for contacting the instructor. |
|
Real
Estate Law, 6th or 7th Edition, Siedel and
Aalberts |
Tests
/ Papers / Projects
|
Point
Value
|
Final
Grade Scale |
|
Mid-Term Exam |
100 points |
A= 90-100% |
|
Final Exam (Includes: Field Activity and Written
Assignment) |
100 points |
B= 89-90% |
|
Ethical Conversations on Discussion Board |
10
points each |
C= 70-79% |
|
|
|
D= 60-69% |
|
|
|
F= 59% or below |
|
Students are expected to view Assignment Folders in
Blackboard as directed. Announcements
and e-mail should be viewed everyday if possible. All graded course work will be assigned
several days before the due date. Late
or missed work will only be considered in cases of serious illness,
emergency, religious holidays, or mandatory participation in official College
functions. In order for late or missed
work to be considered, the student must provide detailed written notice and
verification in a timely fashion, no later than one day after the assignment. For example, if you have a serious illness,
you must submit documentation from your physician. It is in the instructor’s discretion to
credit late or missed work (with or without a grade deduction). There will be no make-ups for missed
discussion boards. |
|
Student
Services |
|
A variety of services are available
to assist students in succeeding at FCC. Students can learn more about these
services by visiting the Student Services web page: http://www.frederick.edu/student_services/index.aspx. Students with disabilities who are
in need of accommodations or who have questions related to disabilities
services should contact the Services for Students with Disabilities (SSD)
office at 301-846-2408. Students can learn more about these services by
visiting the Services for Students with Disabilities web page: http://www.frederick.edu/student_services/disability.aspx. |
|
Participation
Policy: You are required
to login as directed and check the weekly assignment folders. This course requires students’
participation in all learning activities.
All
evaluated work is due on the dates specified.
A late assignment will be penalized by 10% of the total possible
points for each calendar day the
assignment is late. The instructor
will allow a make-up exam if the exam is missed due to a serious illness,
emergency, religious holiday, or participation in an official college
function. A make-up exam must be taken
within 7 calendar days. Failure to
meet the make-up exam deadline will result in a 0% on the exam. |
Class Date Subject Content
|
1 |
Week #1 |
The Legal System and the Nature of Real Property Suggestion:
Schedule/Identify
Field Activity |
Chapter
1: Introduction to
the Legal System (Read only as background
information. You will not be tested on
the material from chapter 1.) Chapter
2: The Nature of
Property; Distinguish Real and Personal Property including sources of law and
forms of transfer; Fixtures Chapter
3: Scope of Real
Property; Rights to the Sky; Rights to the Depths; Water Rights Chapter
4: Rights in Land of
Others; Easements; Profits; Licenses Go to the Discussion
Board for Ethical Conversations Take Mid-term Exam
#1 |
|
2 |
Week #2 |
The Real Estate Transaction Suggestion:
Participate in Field Activity |
Chapter
5: Types of
Ownership; Estates in Land; Concurrent Ownership; Forms of Ownership for
Investment Purposes Chapter
6: The Search for
Real Estate; The Real Estate Agent; Listing Agreements; Duties of the Broker;
Discrimination in Selling Chapter
7: The Real Estate
Contract; Legal Requirements; Additional Contract Provisions; Contractual
Remedies; Avoiding the Contract Chapter
8: Title and
Insurance; Title; Property and Liability Insurance Chapter
9: Financing the
Real Estate Purchase; Federal Regulations; Loan Application; Mortgage
Documents; Rights and Duties After Closing; Mortgage Installment Contracts; Statutory
Liens Chapter
10: Closing; Deeds
Closing Process Chapter
11: Landlord and
Tenant; Leasehold Estates and Licenses; Lease Contract; Provisions; Remedies;
Tort Liability Go to the Discussion
Board for Ethical Conversations |
|
3 |
Week #3 |
Prepare
and Submit Written Final Exam |
Final Exam #2 (submit written assignment) |