Real Estate Principles I & II

The Mills University real estate principles course covers the national portion of real estate pre-licensing principles (those areas which are common to all states). You will learn the same basic principles of real estate, real estate law, and the practice of real estate that real estate agents in all 50 states must learn prior to applying for their state exam. Additionally, this course goes beyond the basics and gets into understanding the various types of real estate, real estate practices, and the specifics of real estate.

This course includes all the state required elements, including an overview of licensing, ethics of practice, titles to and conveyance of real estate, legal descriptions, deeds encumbrances and liens, distinctions between personal and real property, appraisal, finance and regulations, closing procedures, real estate mathematics, and instruction on federal, state, and local laws relating to housing discrimination, housing credit discrimination, and community reinvestment.

The student will need to complete the reading assignments as well as the instructor reviews and exams.

This course includes the following text books;

  • Principles of Real Estate Practices by Stephen Mettling and David Cusic
  • Real Estate Math Express by Stephen Mettling
  • Dictionary of Real Estate Terms by Jack P. Friedman PhD

These books will be shipped to the address provided by the student at registration.

Learning Objectives

At the conclusion of this program, the student will be able to,

  • Define “real estate” & “real property”
  • Summarize the types of land descriptions used in the United States
  • Define the various types of agency relationships
  • Define zoning and government controls on real estate
  • Communicate Federal fair housing laws
  • List various types of taxation in real estate
  • Define types of financing used in real estate transactions
  • List the key terminology in real estate
  • Identify the different types and basic principles of value
  • Explain basic environmental hazards
  • Students should make certain they read and review all of the information presented.

Course Takeaways

In this course, you’ll learn the legal and moral principles of property law. This includes how a property is defined as well as the agency’s role in the entire property process. You’ll also gain a better understanding of owner and tenant rights as they pertain to a property, as well as learn about land use controls and environmental issues. While property rights and land usage may not be the juiciest of topics, they are the fundamentals of this industry and will be important information you refer to throughout your career. Plus, we make it fun to learn about by providing engaging and easily digestible content that can be viewed on your phone, tablet, or computer whenever it fits into your schedule. It’s a win-win!

All of these objectives provide a solid foundation for the knowledge and skills you will need to be a successful real estate professional.

Students can expect numerous exercises, quizzes, case studies, flashcards, infographics, videos, and other forms of training. The course will be completed with a cumulative final exam. All elements presented in the course are required for course completion.

Principles Of Real Estate Practice
Real Estate Express
Barrons Dictionary Of Real Estate Terms