Overview. Real estate professionals and market participants encounter a number of legal issues associated with the development, production, marketing, operation and transfer of real estate interests. These legal issues operate at the macro level (e.g., growth management, real estate taxation) as well as at the micro level (e.g., entitlements, contracts, leases, financing, ownership, and transactions). In addition to covering the legal parameters associated with real estate practices, the course exposes students to the ethical/social context within which real estate decisions are made. This broad coverage is designed to sensitize students to the ethical and legal/political/social implications surrounding real estate. In combination with other courses, this background is designed to allow students to determine which policies and practices should be accepted as given constraints (e.g., zoning, land use controls) and which ones should be challenged to allow real estate participants to respond to changes in customer demand.

Positioning. This is an upper level course that expands on the legal/political nature of real estate, with special emphasis on social justice and equity.

Fall Quarter: TBD

Instructor: TBD