The purchase of a home represents the most important financial transaction in their lives for most Americans. (It is also one of the topics most frequently covered on the bar exam.) This course goes through the steps of a real estate “deal” from beginning to end, covering the roles of brokers and attorneys, drafting of contracts, dealing with physical and title defects, closing of escrow, priorities (i.e., ranking of claims against the property), title insurance, mortgage financing, and income tax consequences. The course is a prerequisite for Real Estate Finance. This course counts toward completion of the California Bar Subject Requirement. Prerequisite: Property