LAW640
Real Estate Transactions
(Hainsworth)
Prerequisite courses: LAW440 Property Law
Prerequisite for:
Instructor(s): Robert N. Hainsworth
Course credit: 3
Method of presentation: Lecture
Teamwork:
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