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REAL ESTATE, RE Licence Renewal, RE Appraisal, RE Appraisal Renewal

REA 294
Real Estate Principles and Practices for Salespersons
Obtain the knowledge necessary to sell real estate in Maryland. Satisfies Maryland's 60-hour educational requirement to obtain a real estate license. Attendance is mandatory. Must pass the final exam in order to sit for the State exam. Textbook required at first class; not included in the course price.
Total Cost: $399 (Tuition: $261 Fees: $138)

REA 280
Legal Update
Total Cost: $39 (Tuition: $9 Fees: $30)

REA 023
Real Estate Ethics
Total Cost: $39 (Tuition: $9 Fees: $30)

REA 284
Antitrust and Fair Housing Laws
Total Cost: $39 (Tuition: $9 Fees: $30)

REA 285
Buyer Broker
Total Cost: $39 (Tuition: $9 Fees: $30)

REAL ESTATE APPRAISAL

The following four courses were developed by the Maryland Community College Association for Continuing Education and Training (MCCACET) and have been approved by the Appraisal Foundation and the MD Appraisers Commission. Attendance is mandatory; students must pass a final exam in each course. In addition to the classroom requirements, each student must complete 2000 hours of appraisal work experience before sitting for the state licensing exam. The college does not arrange for the work experience or administer the licensing exam. For more information on licensing requirements, contact the MD Appraiser's Commission at 410-230-6165,
or www.dllr.state.md.us.

REA 019
Real Estate: Appraisal Principles & Procedures
Prepare to meet the education requirements of the Maryland Real Estate Appraisers Commission for the Licensed Real Estate Appraiser classification. Topics include real property concepts, legal considerations, factors affecting property values and more. Calculator is required; attendance is mandatory. A final examination will be given. Text available
Total Cost: $629 (Tuition: $440 Fees: $189)

REA 020
Real Estate: Appraisal Practices & Analysis Part I
Explore residential markets and analysis, highest and best use, site valuation and the cost approach. Calculator is required; attendance is mandatory. A final examination will be given. Prerequisite: Real Estate: Appraisal Principles & Procedures.
Total Cost: $329 (Tuition: $204 Fees: $125)

Note: Coming Spring 2010. Complete the 150 hour requirement with Appraisal Practices and Analysis Part II and Appraisal Standards and Ethics.

APPRAISAL LICENSE RENEWAL
The following course has been approved by the Maryland Real Estate Appraiser's Commission for license renewal.

REA 477
Real Estate: Eminent Domain Appraising
Cover the history of eminent domain, the theory of just compensation, compensable and non-compensable damages, special and general benefits and the state and federal rules. Examine the application of valuation techniques for both whole and partial takings. (15 hours CE)
Total Cost: $285 (Tuition: $159 Fees: $126)

REA 008
Real Estate: 7 Hour National USPAP Update
Meet the educational requirements for real estate appraisal license renewal as required by the Maryland Real Estate Appraisers Commission. Approved by The Appraisal Foundation. Topics include an update of USPAP policies, legal issues, ethics and valuation techniques. Textbooks included in cost of the course; provided at class. (7 hours CE)

REA 497
Valuation of Partial Interests
Explore the valuation considerations necessary in the appraisal of partial interests that include both physical segments and partial ownership interests. USPAP requirements relative to the appraisal of partial interests will be discussed including: real property, air, and subsurface rights; types of partial ownership; leases; transfer development rights and life estates.
Total Cost: $149 (Tuition: $59 Fees: $90)