LEG308 - Real Estate Practices & Procedures I

Outline info
Semester
School
Last revision date 2017-11-16 15:21:24.007
Last review date 2017-11-16 15:21:24.009


Subject Title
Real Estate Practices & Procedures I

Subject Description
Students are introduced to the wide range of duties and responsibilities of a Legal Assistant in the area of Real Estate from file opening, reading & preparing Agreements, document preparation, through to closing and reporting the transaction to the client. Intended to prepare student for REPP2 (client communications, title searches, mortgages, EREG system and more.) Prerequisites: Intro to Legal Office Practice & Procedure, Legal Terminology.

Credit Status
This is a credit subject applicable towards the Legal Assistant Certificate Program offered through the Faculty of Continuing Education and Training.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

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

  • Recognize the steps required in file opening for each area
  • Prepare standard/relevant documentation
  • Demonstrate understanding of standard procedures within the fields

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Locate, select, organize, and document information using appropriate technology and information systems.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Manage the use of time and other resources to complete projects.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Prerequisite(s)
Legal Office Practice & Procedure, Legal Terminology

Topic Outline

  • Real Estate Law (Law Office Assistant emphasis) terminology
  • Legal Assistant roles/responsibilities
  • Forms and documents
  • Steps, Checklists, Agreements of Purchase and Sale
  • Written and oral client communications
  • Sales, purchases, mortgages - differentiating your role in each
  • Investigating/review of Title Searches
  • New technology (EREG) and software overview
  • Requisition letters and their importance
  • Sale transaction (doc. preparation)
  • Purchase transaction
  • Mortgages

Prescribed Texts
Title
Residential Real Estate Transactions
Author
Kurtz, Emmans, Blatt
Publisher
Emond Montgomery
Edition
4th
ISBN
9781552396704

Promotion Policy

Grading Policy
A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
OR
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online (http://www.senecacollege.ca/academic-policy) or at Seneca's Registrar's Offices.


Modes of Evaluation
5 Assignments 60%
Final exam 40%

The student must attain a combined grade of at least 50% on the term work and the final exam to pass the course.

Approved by: Sandra Noble