Page 224 - GCC 2020-2021 Catalog

220 REAL ESTATE
161
INCOME APPRAISAL REPORT
WRITING
3.0 Units
RE 161 covers real estate appraisal, includ-
ing methods of appraising such properties
as apartment buildings, industrial proper-
ties, 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 stud-
ies, 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: Fall/Spring.
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 Offered: Fall/Spring.
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. Prerequi-
site: None. Course Typically Offered: Fall/
Spring.
2 0 2 0 – 2 0 2 1 C ATA L O G • G L E N DA L E C O M M U N I T Y C O L L E G E
163
BASIC RESIDENTIAL REAL ESTATE
APPRAISAL
3.5 Units
RE 163 which focuses on residential apprais-
als, meets the requirements of the Appraisal
Qualifications Board of the Appraisal Foun-
dation, and follows their outline modules. It
covers the following major areas: 1) Residen-
tial 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 require-
ments for all levels of appraisal licensure.
It is required for the trainee license, resi-
dential 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
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 licen- class also discusses the major problems of
sure. It is required for the trainee license,
residential license, certified residential
license, and certified general license. Lecture
3 hours. Prerequisite: None. Course Typi-
cally Offered: Fall/Spring.
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 licens-
ing and certification. This course includes
the national examination as required by the
AQB. Completion of this course and success-
ful 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, X5484 before registering for infor-
mation 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 grant-
ing 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
leasing, collections, rent schedules, tenant
selection, neighborhood analysis, purchas-
ing, 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).