California Real Estate Principles show

California Real Estate Principles

Summary: Normally, this is the first course students will take to help them prepare for further studies in real estate. This is a fundamental real estate course covering the basic laws and principles of California real estate, and provides an understanding, background, and the terminology necessary for advanced study in specialized real estate courses. This course is required by the California Department of Real Estate prior to taking the Real Estate Salesperson's examination.

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  • Artist: Patrick J. Hogarty, MA
  • Copyright: Patrick J. Hogarty, MA, 2009

Podcasts:

 Show 01 | File Type: audio/mpeg | Duration: 58:48

This was the first show for the class and provided an overview of the course.

 Show 02 | File Type: audio/mpeg | Duration: 59:12

This show provided a brief overview of real estate and included and overview of the California Department of Real Estate, real property vs. personal property and the three basic types of legal descriptions.

 Show 03 | File Type: audio/mpeg | Duration: 58:56

This show completed the discussion of the three basic types of legal descriptions. The class discussion then moved on to an overview of estates, transfers and titles.

 Show 04 | File Type: audio/mpeg | Duration: 58:50

This show continued the discussion of estates, transfers, and titles. Seven of the basic ways to transfer title were covered including a discussion of the differences between a Grant Deed and Quitclaim deed. Also, there was an extensive discussion of the different ways to hold title to real property.

 Show 05 | File Type: audio/mpeg | Duration: 59:01

This show provided an overview of Landlord and Tenant and discussed different types of leases and rental agreements. Also, there was a detailed discussion of the different parts of the lease/rental agreement which emphasized the importance of real estate professionals knowing the complete details of the entire agreement.

 Show 06 | File Type: audio/mpeg | Duration: 58:48

This show continued the discussion of Landlord and Tenant and covered the Tenant Rental Application and different ways a rental contract can be terminated. Also, there was a detailed discussion of the different parts of the Property Management Agreement which emphasized the importance of real estate professionals knowing the complete details of the entire agreement.

 Show 07 | File Type: audio/mpeg | Duration: 58:56

This show provided an overview of both money type encumbrances i.e. mortgages, mechanic's liens, taxes, etc. and physical encumbrances i.e. easements, building restrictions, encroachments, etc.

 Show 08 | File Type: audio/mpeg | Duration: 58:53

This show continued the discussion of both money type encumbrances i.e. mortgages, mechanic's liens, taxes, etc. and physical encumbrances i.e. easements, building restrictions, encroachments, etc.

 Show 09 | File Type: audio/mpeg | Duration: 58:48

This show provided an overview of the requirements for obtaining a real estate salespersons or brokers license. Topics such as the difference between the 18 month conditional and four year renewable license were discussed.

 Show 10 | File Type: audio/mpeg | Duration: 58:53

This show continued the discussion of the requirements of obtaining a real estate salespersons or brokers license and moved into the topic continuing education. There was a discussion about that agents and brokers can sell businesses as part of their practice. There was also a detailed discussion of the California Department of Real Estate web site and how to use the site to find out information about applying and scheduling your real estate exam. Finally, there was a demonstration of the Sacramento Association of Realtors and California Association of Realtors web sites.

 Show 11 | File Type: audio/mpeg | Duration: 58:47

This show provided an overview of Agency and Its Responsibility. There was a detailed discussion of agent, principal, and third party in a real estate transaction. Also, there was a discussion of the different types of listings and a detailed explanation of the actual listing agreement.

 Show 12 | File Type: audio/mpeg | Duration: 58:22

This show provided a review of the first portion of the course to help students to prepare for the first midterm exam. Topic discussed were Introduction to Real Estate, Estates, Transfers and Titles, Landlord and Tenant, Encumbrances and Licensing, Education and Association.

 Show 13 | File Type: audio/mpeg | Duration: 58:51

This show continued the discussion of Agency and Its Responsibility. The responsibilities of seller and agent regarding the Real Estate Transfer Disclosure Statement were discussed. The importance of the Independent Contractor Agreement and making sure that the agent reads and understands the agreement was discussed. Also, there was a demonstration of a company web site called CyberView 360 which provides virtual tours of real estate property listings. CyberView 360 is a local company serving Sacramento, El Dorado and Placer counties.

 Show 14 | File Type: audio/mpeg | Duration: 58:45

This show provided an overview of the different types contracts used in real estate and the importance knowing the details of each contract. The elements of a contract such as capacity, mutual consent, legality, consideration, and proper writing of the contract. Also, there was a brief overview of the Statute of Frauds.

 Show 15 | File Type: audio/mpeg | Duration: 58:41

This show continued the discussion of the Statute of Frauds. Eight different ways to discharge a contract were reviewed. Also, remedies for a breach of a contract. There was also a detailed discussion of the "Residential Purchase Agreement and Joint Escrow Instructions". Finally, there was a discussion of Purchase Agreement Addendums, Counter Offers, Seller Disclosures and Option agreements.

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