Law Course Catalog

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7723. Real Estate Transactions

3.00 credits

Prerequisites: Prerequisite: Property

Grading Basis: Graded

This course will provide students with an understanding of the legal structure and practical issues involved in the purchase and sale, leasing, and mortgage financing of real estate, with the skills learned applied to a simulated real estate development. Transactions will be viewed from the competing perspectives of the parties (i.e., seller-buyer, landlord-tenant, lender-borrower), and will cover the purchase and sale of a single-family house, and all transaction types for commercial properties. Consideration will be given to the impact of contemporary issues such as Covid-19, climate change, changing lifestyles, technology, and social equity on these transactions. Emphasis will be placed on the use of careful drafting to limit transaction risks, and on developing lawyering skills.