Not all classes in all disciplines are offered every semester. See the Class Schedule or contact the Business Division office for offerings in the current semester.

NOTE For up-to-date course descriptions, please refer to the current GCC catalog.

101
REAL ESTATE PRINCIPLES
3.0 Units
RE 101 covers the basic laws and principles of California real estate and gives understanding, background, and terminology necessary for advanced study in specialized courses. The course is of assistance to those preparing for the real estate sales license examination. Lecture 3 hours.

Prerequisite: None.

Note: May be taken 3 times for credit.

Course Typically Offered: Winter/Spring/Summer/Fall.

Transfer Credit: CSU.

140
LEGAL ASPECTS OF REAL ESTATE
3.0 Units
RE 140 is a study of California real estate law, including rights incident to property ownerships and management, agency, contracts, and application to real estate transfer, conveyancing, probate proceedings, trust deeds, and foreclosure, as well as recent legislation governing real estate transactions. This course applies toward education requirement of broker’s examination. Lecture 3 hours.

Recommended Preparation: RE 101.

Course Typically Offered: Fall/Spring.

Transfer Credit: CSU.

161
INCOME APPRAISAL REPORT WRITING
3.0 Units
RE 161 covers real estate appraisal, including methods of appraising such properties as apartment buildings, industrial properties, subdivisions, and rural properties. This course meets the requirements of the 2008 Appraisal Qualifications Board of the Appraisal Foundation. It covers advanced income property applications, case studies, and report writing. This course meets the license requirements for all levels of appraisal licensure. It is required for the trainee license, residential license, certified residential license, and certified general license. Lecture 3 hours.

Prerequisite: None.

Course Typically Offered: Spring (Every Other Year).

Transfer Credit: CSU.

162
BASIC APPRAISAL PRINCIPLES AND PROCEDURES
3.5 Units
RE 162 meets the requirements of the 2008 Appraisal Qualifications Board of the Appraisal Foundation. The emphasis of this course is on residential real estate. It covers the basic real estate appraisal principles, basic real estate appraisal procedures, and meets the license requirements for all levels of appraisal licensure. It is required for the trainee license, residential license, certified residential license, and certified general license. This course qualifies with the California Department of Real Estate as a statutory/pre-license real estate course for both the salesperson and broker education requirements. Lecture 3.5 hours.

Prerequisite: None.

Course Typically Offered: Spring (Every Other Year). 

163
BASIC RESIDENTIAL REAL ESTATE APPRAISAL
3.5 Units
RE 163, which focuses on residential appraisals, meets the requirements of the Appraisal Qualifications Board of the Appraisal Foundation, and follows their outline modules. It covers the following major areas: 1) Residential Market Analysis and Highest and Best Use; 2) Residential Appraiser Site Valuation and Cost Approach; and 3) Residential Sales Comparison and Income Approach. This course meets the license education requirements for all levels of appraisal licensure. It is required for the trainee license, residential license, certified residential license, and certified general license. This course qualifies with the California Department of Real Estate as a statutory/pre-license real estate course for both the salesperson and broker education requirements. In addition, this course may also qualify as the second appraisal course for broker education requirements referred to as Advanced Real Estate Appraisal. Emphasis is on residential properties, such as single-family homes, 1-4 unit apartments, condos, mobile homes, and manufactured homes. Lecture 3.5 hours.

Prerequisite: None.

Course Typically Offered: Fall (Every Other Year). 

164
RESIDENTIAL APPLICATIONS AND RESIDENTIAL REPORT WRITING
3.0 Units
RE 164 meets the requirements of the Appraisal Qualifications Board of the Appraisal Foundation. It covers advanced residential applications and case studies, as well as residential report writing and case studies. This course meets the license requirements for all levels of appraisal licensure. It is required for the trainee license, residential license, certified residential license, and certified general license. Lecture 3 hours.

Prerequisite: None.

Course Typically Offered: Fall (Every Other Year).  

165
UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE (USPAP)
1.0 Unit
RE 165 meets the requirements of the Appraisal Qualifications Board (AQB) of the Appraisal Foundation for state licensing and certification. This course includes the national examination as required by the AQB. Completion of this course and successful completion of the three-hour national examination (the course final examination) are required by the California Office of Real Estate Appraisers (OREA) for initial trainee licensure. Note: Students with disabilities who require special accommodations must contact the GCC Business Division (818) 240-1000, ext. 5484 before registering for information to obtain prior written approval from the AQB. Note: This course is Pass/ No Pass only. Lecture 1 hour.

Prerequisite: None.

Course Typically Offered: Fall/ Spring. 

180
MORTGAGE LOAN BROKERING
3.0 Units
RE 180 details the requirements for granting licenses to loan on real property in California. Lecture 3 hours.

Recommended Preparation: RE 101 or equivalent.

Course Typically Offered: Fall/Winter.

Transfer Credit: CSU.

190
PROPERTY MANAGEMENT
3.0 Units
RE 190 is a basic course in the management of income properties, which analyzes specific types of properties that are managed; the class also discusses the major problems of leasing, collections, rent schedules, tenant selection, neighborhood analysis, purchasing, evictions, preventive maintenance, depreciation, record keeping, and economics of property. The class also focuses on how to compile a set of procedures for practical utilization in property management. Lecture 3 hours.

Recommended Preparation: RE 101 or equivalent.

Course Typically Offered: Fall/Spring.

Transfer Credit: CSU.

195
COMMON INTEREST DEVELOPMENTS (HOMEOWNERS ASSOCIATIONS MANAGEMENT)
3.0 Units
RE 195 covers the basics of managing, purchasing and selling of common interest developments (CIDs) that are governed by homeowner associations (HOA) including condominiums. All applicable laws will be included in the course. Lecture 3 hours.

Recommended Preparation: RE 101.

Course Typically Offered: Fall (Every Other Year). 

250
ESCROW I
3.0 Units
RE 250 is an introduction to the terminology, legal aspects, and process in the escrow function in real estate transactions. Emphasis is on the process of taking, processing, and closing of escrow. Lecture 3 hours.

Recommended Preparation: RE 101 or equivalent.

Transfer Credit: CSU.