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REX7602

Course
REX7602
Course Title
Real Estate Broker Pre-Licensing Accelerated

Description

This course is approved by the N.C. Real Estate Commission to satisfy the educational requirement for a broker license. You will learn basic real estate principles, practices, license laws, rules and regulations of the NCREC in preparation for the state exam. This course is content intensive. Students should be competent in reading comprehension, solving math problems, and working on the computer. This course version is an accelerated version. Course material is covered in longer class days over fewer class meetings. Purchase textbooks and optional course materials prior to start of class. Students must attend at least 80 percent of class time and pass the course to receive a certificate of completion. Requires CPCC login prior to start of class.

Objectives


  • To provide students with basic knowledge and skills necessary to function as an entry level real estate sales agent and
  • To help students prepare for the real estate salesperson license exam given monthly by the NC Real Estate Commission
  • To assist students in achieving a final exam grade of 75% or better. Details are provided in the course syllabus and course catalogue.

Content

  1. Introduction, Course Overview
    • Basic Real Estate Concepts
    • Real Estate Mathematics Review (Calculating area)
  2. Property Ownership Interests
    • Property Taxation and Assessment
  3. Property Description
    • Transfer of Title to Real Property
  4. Land Use Controls (Zoning, Deed Restrictions)
    • Environmental Issues and Real Estate Transactions
  5. Real Estate Brokerage and Law of Agency
    • Fair housing (omit Code of Ethics)
  6. Real Estate Contract (Sales Contract)
  7. Real Estate Contracts and Practices
  8. Landlord-Tenant Act
  9. Real Estate Financing
  10. Closing Real Estate Transactions
  11. License Law, Commission Rules and Trust
    • Account Guidelines
  12. Basic House Construction
  13. Real Property Valuation
  14. Real Estate Management
    • Property Insurance
    • Federal Taxation of Real Property
  15. Comprehensive Final Exam

 

Prerequisites

None

Method of Instruction

Textbook, lecture, discussion, learning resources on Moodle and examinations.

Evaluation

Student learning will be assessed through two mid-terms exams and a final end of course exam. Student must score a minimum grade of 75% or better on the final exam as well as meet other criteria as outlined in course syllabus. Note: Any student scoring at least 60% on final exam but not the requisite 75% to pass, will be allowed one (1) opportunity to retake the Final Exam.