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REAL ESTATE 1110 Real Estate Transactions 3 credit hours Introduction to the fundamentals of real estate transactions in practice and theory. This course includes basic principles for those planning to buy, sell or own real estate. It is the required course for persons planning to take the Illinois Real Estate Salesperson License Examination. This course is a prerequisite for other real estate courses. (3 lecture hours)

REAL ESTATE 1120 Advanced Principles 2000 1 credit hour Advanced principles in real estate including agency, disclosure, environmental issues, escrow, and license law. One of the required courses for persons planning to take the Illinois Real Estate Broker License Examination. Students must have completed the Real Estate Transactions course or hold a current Real Estate Salesperson License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate Salesperson License (1 lecture hour)

REAL ESTATE 1122 Contracts and Conveyances 1 credit hour Contracts and conveyances in real estate including deeds, fixtures, contracts, real estate closings, foreclosure and redemption, land use controls, landlord/tenant relationship, cooperatives, and condominiums. One of the required courses for persons planning to take the Illinois Real Estate Broker License Examination. Students must have completed the Real Estate Transactions course or hold a current Real Estate Salesperson License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate Salesperson License (1 lecture hour)

REAL ESTATE 1124 Brokerage Administration 1 credit hour Brokerage administration of a real estate business including Illinois real estate law and licensure, listings, title search, forms for closing, contract forms, and the broker-salesperson relationship. One of the required courses for persons planning to take the Illinois Real Estate Broker License Examination. Students must have completed the Real Estate Transactions course or hold a current Real Estate Salesperson License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate Salesperson License (1 lecture hour)

REAL ESTATE 1126 Financing 1 credit hour Financing of real estate including types of financing, sources of financing, mortgages, mortgage documents, closing a mortgage, interest, liens, foreclosure, real property insurance, mortgage risk, principle of property value for mortgage credit, mortgage analysis, and construction loans. One of the elective courses for persons planning to take the Illinois Real Estate Broker License Examination. Students must have completed the Real Estate Transactions course or hold a current Real Estate Salesperson License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate Salesperson License (1 lecture hour)

REAL ESTATE 1128 Property Management 1 credit hour Management of real property including fundamentals of tenant-management relationship, property modernization, property maintenance, leases, real property insurance, commercial property, industrial property, and advertising. One of the elective courses for persons planning to take the Illinois Real Estate Broker License Examination. Students must have completed the Real Estate Transactions course or hold a current Real Estate Salesperson License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate Salesperson License (1 lecture hour

REAL ESTATE 1152 Basic Appraisal Principles 2 credit hours Introduction to basic appraisal principles including real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, and overview of real estate markets and analysis. One of the required courses for persons planning to take the Illinois Associate Real Estate Appraiser License Examination. This course meets Appraiser Qualifications Board (AQB) criteria. Students must have completed the Real Estate Transactions course or hold a current Real Estate License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate License (2 lecture hours)

REAL ESTATE 1153 Basic Appraisal Procedures 2 credit hours Introduction to basic appraisal procedures including overview of approaches to value, valuation procedures, property description, and residential applications. One of the required courses for persons planning to take the Illinois Associate Real Estate Appraiser License Examination. This course meets Appraiser Qualifications Board (AQB) criteria. Students must have completed the Real Estate Transactions course or hold a current Real Estate License and have completed Basic Appraisal Principles. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate License and Real Estate 1152 with a grade of “C” or better, or equivalent (2 lecture hours)

REAL ESTATE 1154 Uniform Standards of Professional Appraisal Practice 1 credit hour Examines the ten Uniform Standards of Professional Appraisal Practice, ethics rules, and advisory opinions. One of the required courses for persons planning to take the Illinois Associate Real Estate Appraiser License Examination. This course meets Appraiser Qualifications Board (AQB) criteria. Students must have completed the Real Estate Transactions course or hold a current Real Estate License. Prerequisite: Real Estate 1110 with a grade of “C” or better, or equivalent, or a Real Estate License (1 lecture hour)

REAL ESTATE 1170 Home Inspection 5 credit hours Examination and evaluation of the exterior and interior components of residential real property, which includes plumbing, electrical, Heating, Ventilation, Air Conditioning (HVAC), structural, foundation, roof, masonry or any other real property components. Illinois Home Inspector Law/ Administrative Rules and Standards of Practice are covered. Satisfies the education requirements set forth by the Office of Banks and Real Estate for Home Inspector licensing. Prerequisite: Minimum age of 21 with high school diploma or GED certificate (5 lecture hours)

REAL ESTATE 1820 Selected Topics I 3 credit hours Introductory exploration and analysis of selected topics with a specific theme indicated by course title listed in college Class Schedule. May be taken three times for credit as long as different topics are selected. (3 lecture hours)

REAL ESTATE 1840 Independent Study – Individualized 1 to 4 credit hours Exploration and analysis of topics within real estate to meet individual student-defined course description, goals, objectives, topical outline and methods of evaluation in coordination with and approved by the instructor. May be taken three times for credit as long as different topics are selected. Prerequisite: Consent of instructor (1 to 4 lecture hours)

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