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Real Estate 213

161 163 165
INCOME APPRAISAL REPORT BASIC RESIDENTIAL REAL ESTATE UNIFORM STANDARDS OF
WRITING APPRAISAL PROFESSIONAL APPRAISAL
3.0 Units 3.5 Units PRACTICE (USPAP)
RE 161 covers real estate appraisal, including RE 163, which focuses on residential apprais- 1.0 Unit
methods of appraising apartment build- als, meets the requirements of the Appraisal RE 165 meets the requirements of the
ings, industrial properties, subdivisions, Qualifi cations Board of the Appraisal Foun- Appraisal Qualifi cations Board (AQB) of
and rural properties. This course meets the dation, and follows their outline modules. It the Appraisal Foundation for state licens-
requirements of the Appraisal Qualifi cations covers the following major areas: 1) Residen- ing and certifi cation. This course includes
Board of the Appraisal Foundation. It covers tial Market Analysis and Highest and Best the national examination as required by the
advanced income property applications, Use; 2) Residential Appraiser Site Valuation AQB. Completion of this course and success-
case studies, and report writing. This course and Cost Approach; and 3) Residential Sales ful completion of the three-hour national
meets the license requirements for all levels Comparison and Income Approach. This examination (the course fi nal examination)
of appraisal licensure. It is required for the course meets the license education require- are required by the California Offi ce of Real
trainee license, residential license, certifi ed ments for all levels of appraisal licensure. Estate Appraisers (OREA) for initial trainee
residential license, and certifi ed general It is required for the trainee license, resi- licensure. Note: Students with disabilities
license. Lecture 3 hours. Prerequisite: None. dential license, certifi ed residential license, who require special accommodations must
Course Typically Off ered: Spring (Every and certifi ed general license. This course contact the GCC Business Division (818)
Other Year). Transfer Credit: CSU. qualifi es with the California Department 240-1000, ext. 5484 before registering for
of Real Estate as a statutory/pre-license real information to obtain prior written approval
162 estate course for both the salesperson and from the AQB. Note: This course is Pass/
BASIC APPRAISAL PRINCIPLES broker education requirements. In addition, No Pass only. Lecture 1 hour. Prerequisite:
AND PROCEDURES this course may also qualify as the second None. Course Typically Offered: Fall/
3.5 Units
appraisal course for broker education Spring.
RE 162 meets the requirements of the requirements referred to as Advanced Real
Appraisal Qualifications Board of the Estate Appraisal. Emphasis is on residential 180
Appraisal Foundation. The emphasis of this properties, such as single-family homes, 1-4 MORTGAGE LOAN BROKERING
course is on residential real estate. It covers unit apartments, condos, mobile homes, and 3.0 Units
the basic real estate appraisal principles and manufactured homes. Lecture 3.5 hours. RE 180 details the requirements for grant-
procedures, and meets the license require- Prerequisite: None. Course Typically ing licenses to loan on real property in
ments for all levels of appraisal licensure. Off ered: Fall (Every Other Year). California. Lecture 3 hours. Recommended
It is required for the trainee license, resi- Preparation: RE 101 or equivalent. Course
dential license, certifi ed residential license, 164 Typically Off ered: Fall/Winter. Transfer
and certifi ed general license. This course RESIDENTIAL APPLICATIONS AND Credit: CSU.
qualifi es with the California Department RESIDENTIAL REPORT WRITING 190
of Real Estate as a statutory/pre-license real 3.0 Units PROPERTY MANAGEMENT
estate course for both the salesperson and RE 164 meets the requirements of the 3.0 Units
broker education requirements. Lecture 3.5 Appraisal Qualifications Board of the
hours. Prerequisite: None. Course Typically Appraisal Foundation. It covers advanced RE 190 is a basic course in the management
Off ered: Spring (Every Other Year). residential applications and case studies, of income properties, which analyzes specifi c
as well as residential report writing and types of properties that are managed; the
case studies. This course meets the license class also discusses the major problems of
requirements for all levels of appraisal licen- leasing, collections, rent schedules, tenant
sure. It is required for the trainee license, selection, neighborhood analysis, purchas-
residential license, certified residential ing, evictions, preventive maintenance,
license, and certifi ed general license. Lecture depreciation, record keeping, and economics
3 hours. Prerequisite: None. Course Typi- of property. The class also focuses on how
cally Off ered: Fall (Every Other Year). to compile a set of procedures for practical
utilization in property management. Lecture
3 hours. Recommended Preparation: RE 101
or equivalent. Course Typically Off ered:
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.
Prerequisite: None. Course Typically
Off ered: Fall (Every Other Year).

2018–2019 C A T ALOG • G LEND ALE C OMMUNITY C OLLEGE