Introduction to Real Estate Law and Practice

• Semester: Fall 2020
• Course ID: 331K
• Credit Hours: 3
• Alternate Class Unique: 27500
  Class Unique: 27501

Description

This course will be taught in person but this section will allow students entirely remote participation via Zoom.  If students require in-person or hybrid participation, they must register for the   27500 section of this course, which is identical but in-person.

Introduction to Real Estate Law and Practice is for students with little or no knowledge or experience in the industry. This course will begin with an introduction to the commercial real estate industry, including the basic vocabulary and law. This course will review legal theory in the areas of contracts, property (including condominium law), agency, tax (federal income tax and property tax), land use, and business entities; and will apply those areas of law to purchase and sale agreements, brokerage arrangements, leases of improved real estate, choice of ownership entity, acquisition and construction financing, eminent domain and insurance. This course will include a discussion of various types of legal practices in the area of real estate law. This course will only tangentially deal with residential real estate. Materials to be used will include a traditional textbook supplemented by materials supplied by the professor in PDF format. There are no formal prerequisites.