Real Estate Practicum
In the Real Estate Practicum, students experience the world of real estate practice and real estate practitioners and discuss and reflect on those experiences and observations in a weekly seminar, all with the goal of helping each student to prepare for the practice of law. To accomplish this goal and to provide this experience, the practicum has three required segments: an initial training, an externship and a seminar.
1) Initial Training: In preparation for the externships, the first two weeks of the semester involve hands-on training, homework and simulations in title examination and residential real estate closings.
2) Externships: The externship involves placements with real estate professionals and requires a commitment of 10 hours per week (two sessions of 5 hours). Externships are done as a two-person team. One member of the team is initially placed with a real estate attorney specializing in residential real estate, the other with an attorney at a title insurance company. Each team member works for six weeks with one attorney or the other and then switches right before spring break. In both placements, students will work on a variety of title, closing, contract and related problems and will observe the operation of a law office and the interaction with clients, staff and other real estate professionals (brokers, lenders, appraisers, surveyors). Most placements are in Springfield; there is also a paired placement in Connecticut (Windsor Locks and Hartford).
3) Seminar: The seminar component consists of a weekly 2-hour seminar meeting, with required readings and discussions structured and led by the two faculty members and frequently featuring presentations by experts in different aspects of real estate transactions. In some weeks, there will be individual or smaller-group meetings instead of the full-class seminar meetings.
Prerequisites: As prerequisites for the course, students must have taken 2 or more of the following courses: Land Finance and Transfer, Conveyancing, Real Estate Transactions, Real Estate Finance, Real Estate Development, Land Use Planning and Landlord-Tenant. A student must successfully complete 28 hours of law studies before enrollment in a clinic. A student may not simultaneously enroll in more than one clinic, more than one externship, or a clinic and an externship.
Semesters Offered: Spring Only
Credits: 4-credits includes Seminar and Field Placement
Spots available: 10
Application: The application period for the Academic Year 2015 2016 is closed.
Application Requirements: Resume, writing sample, transcript, and Real Estate Practicum application.
Application DEADLINE Date: Applications will be accepted in March, 2016 for clinic openings in the 2016 2017 Academic Year.