PAR-2550 Real Estate Law

Credits 3
This course explores the legal issues involved in real estate law and the process of selling and buying commercial and residential property. Students explore the legal rights of all parties associated with ownership of real property. Emphasis is on title examination, contracts, brokerage, and compliance. Students also examine the role and responsibility of a paralegal while assisting a real estate attorney. Additionally, students delve into the financial aspects of real estate: taxes, liens, leases, and the principles and practices of real estate financing. This course is not designed to meet Maryland real estate licensure requirements. Students who are interested in satisfying the educational requirement for a real estate salesperson licensure should refer to BRE-1030.

Prerequisite(s): Reading Readiness.
Course Outcomes

Discuss the basic concepts of real property law and real estate transactions.
Evaluate the various rights associated with ownership of real property.
Explain the concepts of titles, sales contracts, the sale process, real estate financing options, and the closing and settlement process.
Analyze the roles and responsibilities of the paralegal while assisting a real estate attorney.