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Spring 2015
5397 Real Estate Transactions, Practical Drafting - SMITH, FRANK- 22564

Professor(s): Frank Smith (ADJUNCT)

Credits: 3

Course Areas: Real Property, Trusts and Estates 

Time: 10:30a-12:00p  TTH  Location: 3  BLB

Course Outline: This is a “nuts & bolts” practical course that will consider the basic building blocks of real estate transactions, a survey of a wide range of various common real esate transaction, and related matters. Many of the topics to be covered apply both to commercial and consumer real estate transactions. Some consumer transactions will be considered, but the primary focus will be on commercial transactions. Matters to be covered will include conveyancing documents, recordation statutes, purchase and sale agreements, chain of title, selected oil, gas and mineral issues as they may impact on real estate title and development, title insurance, basic methods of real estate finance, promissory notes, deeds of trust, troubled loan workout issues, foreclosure, leases, ethics and lawyers liability issues in real estate transactions. Course assignments will include the drafting of various documents, including deeds, promissory notes, sales contracts, and selected provisions of deeds of trust, foreclosure documents, and leases.

Course Syllabus: Syllabus

Course Notes:   Quota=12


First Day Assignments:

Final Exam Schedule: 05/07/15 9am-12pm  3 BLB    

This course will have:

Satisfies Skills Course Requirement: Yes
Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type:

Bar Course:

Course Materials (11/5/2014 10:49:49 AM)

Book(s) Required

The unannotated Texas Property Code (the “Code”). Students may elect to access the Code via
computer for purposes of study and use in class. However, the Code will be needed for purposes
of the final exam.