Real Estate Transactions and Property – PLST 222

CG • Section 8WK • 01/03/2020 to 06/11/2020 • Modified 02/07/2022

Course Description

This course is a study of the fundamental precepts applicable to real property.  The following aspects, among others, will be covered: biblical principles of ownership and stewardship, acquisition and discovery, landlord/tenant law and real estate transactions. Working through the mock due diligence, purchase, financing, closing, development and leasing necessary for legal representation will be taught.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog.

Rationale

Real estate transactions and property law form an important part of the work of many paralegal professionals. Even for those who do not primarily practice in the area of real property, an understanding of real estate law is essential due to the importance of property rights in the American legal system. This course is designed to provide that basic overview of real property law and transactions.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Describe the estates in real property.
  2. Explain the process related to and documents required for the transfer of interests and rights in real property including deeds, mortgages, real estate contracts, listing agreements, leases, closing statements, liens, and other real estate documents.
  3. Evaluate public and private restrictions on the use of real property.
  4. Collect documents related to the examination of title of a parcel of real property.
  5. Analyze all of the preceding in light of a distinctly evangelical Christian worldview.

Course Assignment

Textbook readings, blog readings, and presentations

Course Requirements Checklist

After reading the Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Real Estate and Concurrent Ownership Writing Assignment

The student will write a paper of at least 500 words integrating biblical perspectives as they relate to the legal system. The student will support his or her writing with at least two references. This paper must be completed in Bluebook format.

Discussions (2)

Two Discussions will be posted in order to generate interaction among students in regard to relevant current course topics. The student is required to post one thread of at least 250 words. The student must then post two replies of at least 150 words. For each thread, the student should support his or her assertions with at least three citations, in Bluebook format. Each reply should cite at least one source, also in Bluebook format. Acceptable sources include your textbook, the Bible, and one more scholarly, academic source– for the purposes of this class, posts to the blogs www.rodneychrisman.com and www.humanevents.com will be considered scholarly, academic sources in order to integrate a proper Christian worldview.

Real Estate Title Project Assignments

This substantial and practical project that will be completed in three parts throughout the course. This project is designed to get the student into a local real property records office and allow the student to become familiar with most of the steps involved in a title search. This includes locating documents such as deeds, mortgages, and restrictions, and it also includes answering questions about these documents and preparing a chain of title. Each of the three parts of this project will be due by the end of the module in which it is assigned.

Quizzes (6)

The student will complete six quizzes in this course. All quizzes are open-book, open-notes; however, be advised that there is a time limit of 60 minutes. The student may not receive help from another person while taking the exam. Each quiz is due by the end of the module in which it is assigned.