Lorain County Community College Catalog
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Course Descriptions

To view LCCC credit course descriptions by department, please select your area of interest below:


  Course Credit Hours (Contact Hours)
    FNCE 111 , REAL ESTATE PRINCIPLES & PRACTICES 3 (3)
  This course familiarizes each student with the principles and practices of the real estate business through study of the nature, importance, and character of land; the real estate market; financing; property ownership; stages in the real estate transaction and appraisal, escrow, and title work. Special attention will be given to fair housing, civil rights and ethics. This course partially fulfills the Ohio Department of Real Estate's requirements to sit for the sales examination. (A special fee will be assessed.
 
    FNCE 112 , REAL ESTATE LAW 3 (3)
  This course provides the foundation for understanding the legal implications embodied in real estate transactions, contracts, and other relationships. Ohio (local, municipal, and state) real estate law, as well as federal civil rights laws are studied. Land ownership, its components, rights, responsibilities, transfer, and limitations are reviewed within the context of the sales transaction along with the contracts, deeds, and closing the title for the property. Specific attention is given to case law pertaining to housing discrimination, segregation issues, and eliminating the effects of prior discrimination. Course also covers agency law and landlord tenant arrangements. Course partially fulfills the Ohio Department of Real Estate's requirements to sit for the sales examination. (A special fee will be assessed.)
 
    FNCE 115 , REAL ESTATE FINANCE 1 (1)
  The institutions, methods, instruments, and procedures involved in the financing of real estate, the nature and characteristics of mortgage loans, government influence on real estate finance, and the nature of the mortgage market. Course partially fulfills the Ohio Department of Real Estate's requirements to sit for the sales examination. (A special fee will be assessed.)
 
    FNCE 118 , REAL ESTATE APPRAISAL 1 (1)
  Appraisal as it applies to single and double family dwellings. Studies the factors in a property appraisal, which affect value. Approaches to property valuation are covered with emphasis on the market data approach and replacement cost approach. Use of appraisal techniques to construct an appraisal report. Course fulfills part of the requirements of the Ohio Department of Real Estate requirements to sit for the sales examination. (A special fee will be assessed).
 
    FNCE 251 , BUSINESS FINANCE 3 (3)
  An introductory course covering the basic principles of business finance with an emphasis on analysis of financial decisions, valuation concepts, and sources and uses of capital.
Prerequisite: ACTG 152, ECNM 151 and 152
 
    FNCE 287 , WORK-BASED LEARNING I - FNCE 1 (1)
  This course provides supervised work experience with approved employer(s) in an area related to the student's program. Emphasis is placed on integrating classroom learning with work experience. Students will be able to evaluate career selection, demonstrate employability skills, and satisfactorily perform work-related competencies. Activities are coordinated and evaluated by college personnel. Course will be graded on S/U basis. Prerequisite: A student must be pursuing an approved program at LCCC; have completed 15 semester hours with a minimum of six semester hours in the discipline of placement: have a minimum GPA of 2.5 in the discipline and a 2.0 overall GPA; and have divisional approval.
Prerequisite: A student must be pursuing an approved program at LCCC; have completed 15 semester hours with a minimum of six semester hours in the discipline of placement; have a minimum GPA of 2.5 in the discipline and a 2.0 overall GPA; & have divisional approval
 
    FNCE 288 , WORK BASED LEARNING II - FINANCE 1 (1)
  This course provides supervised work experience building on experience in work-Based Learning I with approved employer(s) in an area related to the student's program. Emphasis is placed on integrating classroom learning with work experience. Students will be able to evaluate career selection, demonstrate employability skills and satisfactorily perform work-related competencies. Activities are coordinated and evaluated by college personnel. Course will be graded on S/U basis. Prerequisite: FNCE 287
Prerequisite: FNCE 287
 
    FNCE 289 , WORK-BASED LEARNING III - FNCE 1 (1)
  This course provides supervised work experience building on experience in Work-Based Learning II with approved employer(2) in an area related to the student's program. Emphasis is placed on integrating classroom learning with work experience. Students will be able to evaluate career selection, demonstrate employability skills, and satisfactorily perform work-related competencies. Activities are coordinated and evaluated by college personnel. Course will be grade on the S/U basis. Prerequisite: FNCE 288
Prerequisite: FNCE 288
 
    FNCE 299 , INDIVIDUALIZED STUDIES/FINANCE 1 (1)
  An in-depth study of areas in finance. Thorough discussion and/or individual research and reading. Topics will vary. Repeatable up to a total of four (4) credit hours. Prerequisite: Divisional approval.
Prerequisite: Divisional approval