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INSTRUCTIONS
• State how the material covered thus far in this course applies either to your current vocation or
to your personal situation. Explain how the course material has helped you better understand a
lease agreement, a real estate purchase-sale contract, or a real estate purchase loan agreement.
• Though this is a personal, subjective type of paper, you must use at least 3 references from the
course textbook to explain how the textbook has added to your understanding and knowledge
about the landlord-tenant relationship, the real estate purchase-sale transaction, or the real estate
mortgage transaction. Such references must use the current edition of the Bluebook: A Uniform
System of Citation format and must be inserted in the paper as footnotes (not endnotes).
• You may also use at least 2 references from the Bible to explain how the course textbook has
added to your understanding and knowledge about the landlord-tenant relationship, the real
estate purchase-sale transaction, or the real estate mortgage transaction. Such references must use
the current edition of the Bluebook: A Uniform System of Citation format and must be inserted in
the paper as footnotes (not endnotes).
• Written as a Word document, the paper must be 2-3 pages, double-spaced, with 1-inch
margins, left justification, and paginated at the bottom-center of the page.

 

Guideline for Assignment on Real Estate Transactions and Personal Application

1. Introduction (1-2 paragraphs)

• Purpose of the Paper:
  • Briefly introduce the focus of the paper, explaining how the material covered in the course applies to your current vocation or personal situation. This could be in relation to a real estate lease, purchase-sale contract, or mortgage loan agreement.
  • Provide context for how this paper will discuss the application of course material in a real estate transaction.
• Example:
  • “In this paper, I will reflect on how the knowledge gained from this course has enhanced my understanding of real estate transactions, specifically focusing on the lease agreements and the relationship between landlords and tenants. Additionally, I will discuss how the textbook has helped me grasp the complexities of real estate purchase-sale contracts and mortgage transactions.”

2. Applying Course Material to Personal or Vocational Situations (2-3 paragraphs)

• Application to Your Personal or Professional Context:
  • Explain how the course material applies to your current personal or professional situation.
    • For Lease Agreements:
      • Discuss how the course material has helped you better understand landlord-tenant rights, responsibilities, and obligations.
      • If you have dealt with a lease or rental property in your personal life, relate the principles from the course to your experience.
    • For Real Estate Purchase-Sale Contracts:
      • If you are involved in purchasing or selling property, describe how understanding real estate contracts has made the process clearer or more efficient for you.
    • For Real Estate Mortgage Agreements:
      • If you are dealing with a mortgage loan, explain how the course material has helped you understand terms such as interest rates, down payments, and repayment schedules.
  • Example:
    • “As a prospective homebuyer, the course has been instrumental in my understanding of real estate purchase-sale contracts, particularly in terms of contingencies, financing clauses, and closing procedures. Additionally, I have gained a deeper appreciation for the landlord-tenant relationship, as the course explained the importance of clearly defining the rights and obligations of both parties in a lease agreement.”

3. Reference Course Material (Use 3 Course Textbook References)

• Citing the Textbook:
  • Include at least three references from the course textbook that explain how the material added to your understanding of the landlord-tenant relationship, real estate purchase-sale transaction, or mortgage loan transaction.
  • Cite these references using footnotes in Bluebook format. Ensure you include relevant examples from the textbook that directly apply to your understanding of the topic.
• Example (for lease agreement):
  • “According to [Author], lease agreements should always clarify the expectations of both the landlord and the tenant to avoid conflicts, especially regarding rent payments and property maintenance responsibilities.”^1

4. Reference Bible Passages (Use 2 References)

• Biblical Perspective:
  • Reference at least two Bible passages that complement or relate to your understanding of real estate transactions.
  • Explain how these passages apply to your personal or professional understanding of the topics covered in the course, such as fairness, stewardship, or ethics in real estate transactions.
  • Use footnotes in Bluebook format for Bible citations.
• Example:
  • “The Bible emphasizes fairness and respect in transactions, as seen in the passage from Proverbs 22:1, which states, ‘A good name is more desirable than great riches; to be esteemed is better than silver or gold.’ This verse highlights the importance of maintaining integrity in real estate deals, particularly in the landlord-tenant relationship.”^2

5. Conclusion (1 paragraph)

• Summary:
  • Summarize how the course material has enhanced your understanding of real estate transactions. Reiterate how the references from the textbook and the Bible have informed your knowledge about landlord-tenant relationships, real estate purchase-sale contracts, or mortgage loan agreements.
  • Reflect on the broader impact that understanding these topics has on your personal life or professional career.
• Example:
  • “In conclusion, this course has provided me with valuable knowledge that has enriched my understanding of the complexities of real estate transactions. The material has not only helped me navigate legal agreements but also reinforced the importance of ethical principles in all forms of property dealings, as reflected in both the course content and biblical teachings.”

Formatting and Submission Guidelines

• Document Format:
  • The paper should be 2-3 pages long, double-spaced, with 1-inch margins, left justification, and pagination at the bottom-center of each page.
• Footnotes:
  • Use Bluebook citation style for footnotes, with references from both your course textbook and Bible passages.
• Header:
  • Include your name, course number, professor’s name, and date at the top of the document.

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By following this structure, you will be able to reflect on how the course material has impacted your understanding of real estate agreements, integrating both academic knowledge and personal insight into the assignment.

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