Jul 04, 2024
OHIO University Undergraduate Catalog 2023-2024
OHIO University Undergraduate Catalog 2023-2024
[Archived Catalog]
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REAL 1010 - Real Estate Principles and Practices
Real property as the basic resource with which real estate professionals work is explored. Students examine land and its description, rights and interests in real estate, contract law and real estate contracts, title transfer, deeds, leases, financing and mortgages, taxes, home ownership, urban planning, brokerage operations, appraisal and value, applied real estate math, and Ohio requirements for real estate licenses.
Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Students will be able to identify and interpret the areas of specialization in real estate.
- Students will be able to describe and employ the process of researching and purchasing real estate.
- Students will be able to explain and discuss the steps in obtaining a real estate loan.
- Students will be able to compare and critique the types of residential real estate loans.
- Students will be able to identify and discuss the application of various types of real estate taxes and liens.
- Students will be able to define and explain the requirements to become a licensed real estate salesperson or broker in the state of Ohio.
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