GLENDALE COMMUNITY COLLEGE

REAL ESTATE APPRAISAL

In the Real Estate curriculum, the California Office of Real Estate Appraisal (OREA) determines the courses required to attain an appraisal license, including: 1) Trainee License, 2) Residential License, and Certified Residential Licenses. Many of these course are also applicable to the salesperson's or broker's license of the California Department of Real Estate (DRE). In certain cases courses can be used for both OREA and DRE requirements. Students will be able to apply the basic principles and procedures used in valuing residential properties. They will be able to choose the appropriate method to determine value for a specific property, estimate gross income and calculate expenses for income producing property, and meet Appraisal Qualifications Board (AQB) licensing requirements for filling out forms and completing the USPAP form.

 
PREREQUISITE COURSES REQUIRED COURSES FOR CERTIFICATE UNITS
  RE 101 Real Estate Principles 3
  RE 130 Real Estate Economics 3
  RE 140 Legal Aspects of Real Estate 3
  RE 150 Real Estate Finance 3
  RE 161 Income Appraisal Report Writing 3
  RE 162 Basic Appraisal Principles and Procedures 3.5
  RE 163 Basic Residential Real Estate Appraisal 3.5
  RE 164 Residential Applications and Residential Report Writing 3
  RE 165 Uniform Standards of Professional Appraisal Practice (USPAP) 1
  Select a minimum of 3 units from the following courses:

ACCTG 105 for ACCTG 106
ACCTG 101 or
ACCTG 105 and 106 or
ACCTG 110
Financial Accounting
Introductory Accounting I and II
Basic Accounting I
5 or
2.5+2.5 or
4
  BUSAD 120 Business Law I 3
  RE 180 Mortgage Loan Brokering 3
  RE 190 Property Management 3
  RE 195 Common Interest Developments (Homeowners Associations Management 3
  RE 250 Escrow I 3
  TOTAL UNITS REQUIRED 29
NOTE: ADDITIONAL COURSEWORK MIGHT BE REQUIRED IF PREREQUISITES ARE NOT MET. SEE A COUNSELOR TO PREPARE A STUDENT EDUCATIONAL PLAN.
 
August 2012 GCC CATALOG 2012-2013

Important Notice: In the event of a discrepancy between the information presented above and the online and/or print versions of the GCC Catalog, please contact a counselor or the office of Admissions and Records.