REAL103 Real Estate License Law/Rules and Regulations
Department of Business, Innovation, and Legal Studies: Real Estate
- I. Course Number and Title
- REAL103 Real Estate License Law/Rules and Regulations Course No Longer Offered
- II. Number of Credits
- 1 credit
- III. Number of Instructional Minutes
- 750
- IV. Prerequisites
- None
- Corequisites
- REAL101 and REAL102
- V. Other Pertinent Information
- This course utilizes a learning management space to supplement course materials. Successful completion of REAL101 Real Estate Fundamentals , REAL102 Real Estate Practice, and REAL103 Real Estate License Law/Rules and Regulations are required to sit for the Pennsylvania Real Estate Salesperson License Examination. This is an Experimental course.
- VI. Catalog Course Description
- This is a basic course designed to provide students with an overview of real estate license law/rules and legal liability and risk reduction in Pennsylvania. Students learn the key areas of potential liability as well as the steps to avoid liability. Students also learn how to identify and understand the role of government and laws that impact rights and interests in real property.
- VII. Required Course Content and Direction
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Course Learning Goals
Students will:- Demonstrate an understanding of the areas of potential liability and steps to avoid such liability in Pennsylvania; and
- Identify and explain the role of government and demonstrate an understanding of the laws that can impact a buyer's rights and interests in real property.
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Planned Sequence of Topics and/or Learning Activities
- Main areas of potential liability
- Negligence
- Negligent representation
- Fraud
- Limiting Liability
- Government role and laws
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Assessment Methods for Course Learning Goals
Exams, quizzes, classroom exercises, class or online participation, and/or projects as specified by the area faculty and described in the individual instructor's course syllabus are utilized. -
Reference, Resource, or Learning Materials to be used by Student:
See course format.
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Experimental 9/23/2020