CE 117 Legal Aspects of Real Estate I, CE 118 Legal Aspects of Real Estate II, and CE 119 Legal Aspects of Real Estate III
Instructor: Lei Bao
Email: yesbao82@gmail.com
Phone: (671) 487-2101
Web: https://niceonguam.blogspot.com
Office Hours: Mon-Fri 5:00 pm - 9:00 pm
Class Information
Mode: Online
Duration: 9 hours
Credit Hours: 9
Course Description
This course provides an overview of Guam’s real property and its influence on the real estate industry. Topics include legal issues surrounding real estate ownership and transfer, rights, and duties of ownership, conveyance of problems, mortgage, deeds of trust and more.
Required Textbook
Lei Bao, Real Estate Handbook for Continuing Education, 1st edition. National Institute of Continuing Education, 2019
Learning Objectives for Students
On completion of the course, students will be able to:
- Recognize and understand the legal implications of basic documents on real estate ownership and transfer of legal interests in real estate.
- Understand the legal requirements and implications of the rights and duties of the owners of any interest in real estate.
- Understand the legal implications of conveyance problems and the basic documents used to correct these problems.
- Understand the basic concepts that apply to government regulation and control of real estate, including the issues surrounding eminent domain.
- Understand the legal issues and generally accepted practices of the Guam real estate industry relating to the areas of escrow and title insurance, zoning, landlord-tenant practicees and problem areas, real estate brokerage and agency rules, requirements and problems
- Understand ethical requirements and issues for real estate agents and brokers.
Assessment
Students need to complete all of the class assignments. The purpose of the assignments is for you to practice the concepts covered in class. Completing all the homework problems is the best way to practice and prepare for the exam.
You are encouraged to work with others on the assignments. However, do not simply use others to do your work but rather use others to help work through and engage in the concepts.
Exam
There is one final exam. You are expected to be present, seated, and ready to take the exam before the end of the class. You are permitted to use any outside materials, resources, or electronic devices on the exam. The final exam is comprehensive and will be given during a 30-minute block before the end of the class.
Passing Grade & Certificate
The final score of 75% will be considered as a passing grade, and the certificate will be issued to the participant within a week.
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