640 Real Estate Transactions (Hainsworth)

LAW640

Real Estate Transactions

(Hainsworth)

Prerequisite courses: LAW440 Property Law

Prerequisite for: 

Instructor(s): Robert N. Hainsworth

Course credit: 3

Method of presentation: Lecture

METHOD OF EVALUATION

• 50% Deal Closing Assignment

• 50% Final Exam (Closed Book)

The Course Syllabus will be provided to students with the Final Exam. As well, the students will be allowed to bring into the exam the statutory materials (without any written annotations) that are provided on TWEN with the course.

COURSE DESCRIPTION

A study of the law relating to purchases and sales of real property, which shall include a review of the following:

• the role and duties of realtors;

• certain statutory and contractual requirements relating to real property transactions (including the Statute of Frauds);

• the obligations of vendors’ in relation to title and quality defects in a real estate transaction (including the caveat emptor principle and exceptions thereto);

• the respective rights and responsibilities of vendors and purchasers in relation to the closing of a “typical” residential real estate transaction; and

• the potential remedies available to a vendor or purchaser in the event of a default by the other party.

SPECIAL COMMENTS

Description updated 2024-25. Please contact the instructor for any specific questions you may have related to this particular course section.

REQUIRED TEXTS (IF ANY)

TBD