Real Estate (REA) at Northern Virginia Community College


         
 
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REA 100 - Principles of Real Estate
Examines practical applications of real estate principles. Includes a study of titles, estates, land descriptions, contracts, legal instruments and concepts, real estate mathematics, financing, agency, appraisal, fair housing, and management of real estate.
Lecture 4 hours per week.
4 credits
REA 198 - Seminar and Project
Requires completion of a project or research report related to the student's occupational objectives and a study of approaches to the selection and pursuit of career opportunities in the field.
May be repeated for credit. Variable hours.
1-5 credits
REA 215 - Real Estate Brokerage
Considers administrative principles and practices of real estate brokerage, financial control and marketing of real property.
Lecture 3 hours per week.
3 credits
REA 216 - Real Estate Appraisal
Explores fundamentals of real estate valuation. Introduces the Uniform Standards of Professional Appraisal Practice and the Uniform Residential Appraisal Report formulations, working problems and reviewing actual appraisals. Includes the opportunities available in the appraisal field.
Lecture 3-4 hours per week.
3-4 credits
REA 217 - Real Estate Finance
Presents principles and practices of financing real estate. Analyzes various types of note contracts and mortgage and deed of trust instruments. Covers underwriting of conventional and government insured and guaranteed loans.
Lecture 3 hours per week.
3 credits
REA 245 - Real Estate Law
Focuses on real estate law, including rights pertaining to property ownership and management, agency, contracts, transfers of real property ownership, fair housing, and tax implications.
Lecture 3 hours per week.
3 credits
REA 297 - Cooperative Education
Supervises in on-the-job training for pay in approved business, industrial and service firms, coordinated by the college's cooperative education office. Is applicable to all occupational- technical curricula at the discretion of the college.
Credit/work ratio not to exceed 1:5 hours. May be repeated for credit. Variable hours.
1-6 credits

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