PLA Course Subjects

Prior Learning Assessment Course Subjects

real estate

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Courses 1-10 of 24 matches.
The Architect as Developer   (ARH-341)   3.00 s.h.  
Course examines potential conflicts between aesthetics and bottom line business decisions. The students learn the language and basic financial concepts required by Real Estate developers, stressing contemporary Real Estate issues and techniques for analyzing the marketplace. Also learn to evaluate development opportunities and are required to prepare a complete proposal for financing for a hypothetical development project in which they are the Developer and the Architect. 
Fundamentals of Financial Planning   (BUS-291)   3.00 s.h.  

Course Description
Course covers the financial planning process, regulation of financial planners, communication skills, the time value of money, monetary policy and business cycle, the business cycle, profits and the stock market, risk management principles, and life insurance, health, property and liability insurances, investment principles and equity investments, investment companies and fixed income securities, personal income tax planning, retirement, estate, estate transfer planning & case anal.

Learning Outcomes
Through the Portfolio Assessment process, students will demonstrate that they can appropriately address the following outcomes:

  • To understand the role of the financial planner.
  • To relate financial planning to the realities of retirement.
  • To show knowledge of the financial planning process.
  • To show how to qualify a potential client and sign a formal contract.
  • To show understand the role of risk management planning including the various forms of life insurance, life insurance planning, health insurance, long term care insurance an disability insurance
  • To show an understanding of the basic tax structure as it relates to the elements of a financial plan
  • To show an understanding of basic elements of a financial plan including fixed income securities, mutual funds, bonds and tangible assets.
  • To show understanding of the concept of risk.
  • To understand the asset allocation model.

Business Law II   (LAW-202)   3.00 s.h.  
The following commonly taught topics for this course are covered: Sales of Goods (application, contract formation, risk of loss, rights of purchasers, performance, entrustment, product liability); Business Organizations (agencies, partnerships, corporations); Property (personal property, fixtures, real property, wills, trusts, estates); and Commercial Paper (types of instruments, parties, elements of negotiability, transfer of paper, liability of parties, bank deposits and collections). Available by DSST exam. 
Real Estate Law and Procedures   (LAW-221)   3.00 s.h.  
Purchase sales agreements; mortgages; leases; deeds; closing and recording of documents; public domain; title searches; foreclosure proceedings and process; eviction process. 
Real Estate   (LES-231)   3.00 s.h.  

Course Description
Transfer and Ownership - Topics covered in this course are: overview of real property deeds; liens and other encumbrances on real property; contracts for sale or purchase of real estate; financial instruments; search, examination, and title insurance; title closing; landlord and tenant relationships; surveys; mortgages and financing.

Learning Outcomes
Through the Portfolio Assessment process, students will demonstrate that they can appropriately address the following outcomes:

  • Describe the creation and recording of real property deeds
  • Identify liens and other encumbrances on real property
  • Describe contracts for sale or purchase of real property
  • Identify financial instruments for the purchase of real property
  • Identify Title Insurance and its value
  • List the steps for closing real estate sale and purchase
  • List landlord and tenant relationships
  • Describe the steps of real estate survey
  • List and define the various types of mortgages and financing.

Advanced Concepts in Paralegal Studies: Business and Finance   (LES-301)   3.00 s.h.  
Advanced Concept in Paralegal Studies: Business & Finance Formation, operation, sale, and dissolution of businesses, going public; leveraged buyouts, securities; U.C.C.; and trusts and estates are reviewed in detail with documentation employed by law firms and legal departments. The student is trained to function in major areas of business and financial law. In addition, students continue their study of litigation and real estate. 
Real Estate Sales I   (REE-101)   3.00 s.h.  
Analysis of practices and problems in selling real estate. For those with NJ, NY and PA licenses, the University awards direct credit. Additional information can be obtained through the Office of the Registrar. 
Real Estate Sales II   (REE-102)   3.00 s.h.  
Study of real estate ownership and interest, the real estate market, deeds, contracts, liens, assessments, taxes, leases, and financing of real estate transactions. 
Real Estate Principles/Practices I   (REE-103)   3.00 s.h.  

Course Description
The student will be able to demonstrate knowledge of the complex nature of land ownership, methods of holding title and types of estates as well as a detailed understanding of the option, binder, contract, deed, mortgage and a variety of other instruments. The student should also be able to demonstrate knowledge of real property taxes and assessments, title search, title insurance and closing statements.

Learning Outcomes
Through the Portfolio Assessment process, students will demonstrate that they can appropriately address the following outcomes:

  • Compute land perimeters and area (acreage).
  • Define and explain the differences among the types of real estate titles held including, but not limited to, single ownership, ownership in severalty, ownership in common, and joint ownership.
  • Identify the steps in determining the value of real property, such as researching comparable and zoning designation.
  • Describe the process undertaken by public bodies when establishing taxation.
  • Describe real estate contracts, including option contracts, as well as binders.
  • Calculate real estate taxes.
  • Describe the essential steps involved in the legal transfer of real property--that is, closing--addressing closing costs and related ethical considerations:
    • List the specific practices that must be followed in title searches and closing exercises.
    • Calculate the amounts of the real estate agent's commission, closing costs, and selling and buying costs to both buyer and seller.
    • List the essential parts of the code of ethical practice mandated in all real estate transactions.
    • Describe the procedure for recording the deed.

    Real Estate Principles and Practices II   (REE-104)   3.00 s.h.  

    Course Description
    The student will be able to demonstrate a comprehensive knowledge of real estate investments including mortgage lending procedures and practices, real estate finance and the appraisal process. Students will also be able to demonstrate knowledge of real estate brokerage and licensing, management of property, merchandising realty, subdividing and development activity, and building construction as well as planning and zoning.

    Learning Outcomes
    Through the Portfolio Assessment process, students will demonstrate that they can appropriately address the following outcomes:

    • Identify the norms in mortgage lending practices and procedures for commercial properties.
    • List the steps in a property appraisal process for commercial properties; identify how comparables and zoning ordinances figure in the appraisal of commercial property.
    • List the steps in researching comparable properties for purposes of market pricing and listing commercial property.
    • Compare and contrast the pricing motives between purchasing property for specific ownership (ownership by severalty, in common, joint, or by the entirety) and/or speculation.
    • Identify requirements for a real estate license and a broker's license.
    • Describe the ethical advertising and marketing involved in the transaction of commercial real property.
    • Calculate monetary amounts involved in the transaction of real property.
    • Define types of title, title search, title insurance, property speculation, research of comparables, and mortgages for commercial properties.
    • Describe how acreage is subdivided to create building lots for site plan development.
    • List the building code requirements that must be met before construction can begin.
    • Describe the effect zoning has on development planning.

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