UNL Finance 382

Real Estate Principals and Practices

Instructor: Jan E. Beran, Esq.

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Reading and Testing Schedule
Spring 2017 Check back often, reading schedule is subject to change without notice.

1. Reading Assignments¹ and Time Table
   Please note that the links posted with the reading assignment are to outlines of former lectures and they may not necessarily track with the current lecture. Links to the Power Point Presentations Handouts and/or Notes below in section B.3. Other reading assignments found in the "Course Documents" section of BlackBoard for the course.
   
   
   Week of:
   1. January 9
      1. Sources of "the" Law.
      2. Anatomy of a Real Estate Transaction
      3. Residential Landlord and Tenant Law Highlights
      4. Uniform Residential Landlord and Tenant Act ^3.
      5. Disposition of Personal Property Landlord and Tenant Act
      6. Ch 1. Introduction to Real Estate
      7. Assigned reading Highlights of Residential Landlord Tenant Law in the Course Documents
      8. Review the Residential Landlord and Tenant Guide in the Course Documents
      
      January 16, No class Martin Luther King Day
      
      
   2. January 23
   1. Ch 2. Nature and Description of Real Estate | Presentation Handout
   2. Ch 17. Real Estate Leases | Presentation Handout
   3. Ch 23. Condominiums, Cooperatives, PUDs and Timeshares | Presentation Handout
   4. Review the Condominium Regime Declaration found in the Course Documents
   5. SPECIAL TIMELY and RELEVANT READING ASSIGNMENT Real Estate Taxes, Chapter 15, pp. 259-263
   3. January 30
   1. PROFILES DUE (for sample) no credit if turned in after this date
   2. Ch 3. Rights and Interests in Real Estate
   3. Ch 4. Forms of Ownership
   4. A Life Estate Valuation table can be found in the Course Documents
   5. Review the Condominium Regime Declaration found in the Course Documents
   6. Students should review the Transfer on Death Deed in the Deeds section of Course Documents
   4. February 6
   Test 1 covers Ch. 1 - 4, 17, and 23 in Jacobus; Landlord Tenant and Sources of Law lectures.
   5. February 13
   1. Ch 5. Transferring Title
   2. Ch 6. Recordation, Abstracts, and Title Insurance
      
   3. Ch 7. Contract Law
   4. Ch 8. Real Estate Sales Contracts Skip Installment Contracts through Protections pp 133-134 and pp 138-140 Exchange Agreements
   5. Review the Deeds (especially the Warranty Deed and the Quitclaim Deed) in the Course Documents
   6. Review the Documentary Stamp Tax, Exemptions and Form 521 in the Course Documents
   7. Review the Purchase Agreement in the Course Documents
   8. Students should print out and review the NREC Purchase Agreement. Bring a copy with you to class for our discussion.
   6. February 20
   1. Ch 19. Licensing Laws and Professional Affiliation
   2. Ch 20. The Principal-Broker Relationship: Employment
   3. Ch 21. The Principal-Broker Relationship: Agency
   4. Nebraska Agency Relationships
   5. Assigned reading Nebraska Agency Relationships in the Course Documents
   6. Review the Listing Agreement in the Course Documents
   7. Review the Power of Attorney and Updated Real Estate Language in the Course Documents
   7. February 27
   Test 2 covers Ch. 5-8, and 19-21 and Nebraska Agency Relationships
   8. March 6
   1. Ch 8. review Installment Contracts pp. 133-134
   2. Ch 9. Mortgage and Note
   3. Ch 10 Deed of Trust
   4. The Student will want to review a land contract, and Fannie Mae's Promissory Note and Deed of Trust found in the Course Documents
   5. Ch 11. Lending Practices
   6. Ch 12. The Loan and the Consumer
   7. Power Point chapters Word Handout ch. 9 - 12
   8. Terminology from Ch. 9 - 12 Power Point
   9. Review the Financing Documents: Land Contract, Note and Deed of Trust in the Course Documents
   9. March 13
   1. Ch 13. Sources of Financing
   2. Ch 14. Types of Financing
   3. Ch 18. Real Estate Appraisal ppt
   
   March 20 No Class, Spring Break
   
   
   10. March 27
   Test 3 Covers Ch. 8 (pages 133-134), 9-14 and 18 in Jacobus
   11. April 3
   1. Ch 8. Exchange Agreements - pp 138-140
   2. Ch 15. Taxes and Assessments
   3. Ch 16. Title Closing and Escrow
   4. Ch 22. Fair Housing, ADA, Equal Credit, and Community Reinvestment
   12. April 10
   1. Ch 24. Property Insurance ppt
   2. Ch 25. Land-Use Control
   3. Ch 27. Investing in Real Estate
   4. Ethics (see the National Association of Realtor's Code of Ethics in the text)
   13. April 17
   Test 4 Covers ch. 15, 16, 18, 22, 24, 25 and 27 in Jacobus and the Ethics lecture
   14. April 24
   Dead Week - Attendance not required unless you need to make up attendance credit or you want to participate in the following:
   1. Presentations
   2. Review for Final Exam
   3. Optional date for Final Exam for those with date conflicts (must be verified by other professor)
   4. Project due (only for those required to do a project)
   15. May 1, 2016 8:15 p.m. to 10:15 p.m.
   Final Exam please note that the final exam for this semester will not be posted until a week prior to dead week. The answers to the Final Exam Preview will not be posted, the student is responsible to find out the answer.
2. Study Materials and Helps, Quizzes and Tests
1. Sample Test
2. Study Guides. Please note, the study guides may be updated immediately prior to the test, please check the date and semester on the study guides.
1. Unit 1
2. Unit 2
3. Unit 3
4. Unit 4
5. Final Exam "Preview" please note that the final exam for this semester will not be posted until a week prior to dead week. The answers to the Final Exam Preview will not be posted, the student is responsible to find out the answers.
3. Presentation Handouts and Other Study Materials

Note: some presentations have been saved in Rich Text Format (rtf) or Adobe (pdf) format to conserve space on my web site. I frequently update the presentations as late as minutes before class. The latest copy may or may not be the posted version.
1. Sources of Real Estate Law
2. Uniform Residential Landlord Tenant
3. Chapter 1
4. Chapter 2
5. Chapter 3
6. Chapter 4
7. Chapter 5
8. Chapter 6
9. Chapter 7
10. Chapter 8
11. Chapter 9-12
12. Chapter 13
13. Chapter 14
14. Chapter 15 Handout
15. Chapter 16 Handout
16. Prorating Taxes Handout
17. Chapter 17
18. Chapter 18 Handout
19. Chapter 19
20. Ethics
21. Ethics PP handouts
22. Chapters 20-22
23. Agency
24. Chapter 22 Handout
25. Chapter 23
26. Chapter 24 Handout
27. Chapters 25 thrum 27
28. Chapter 27 Handout
4. Tests and Answers (a previous semester's test posted until after the test)
1. Quiz/Test 1
2. Quiz/Test 2
3. Quiz/Test 3
4. Quiz/Test 4
5. Final Exam "Preview"
3. Evaluation and Grades. See BlackBoard
4. Supplemental Reading:
1. Sample papers from prior semester's students.

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Footnotes:

^1. All references to chapters are to Real Estate Principles, 12th edition. Charles J. Jacobus

^2. See Neb. R.R.S. § 76-2401 et. seq. or Agency Relationships online.

^3. See Neb. R.R.S. § 76-1401 et. seq. or Uniform Residential Landlord and Tenant Act (URLTA).

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