Law 209 - Real Estate Finance

Grant S. Nelson

Grant S. Nelson

Professor of Law Emeritus
B.A. University of Minnesota, 1960
J.D. University of Minnesota, 1963
UCLA Faculty Since 1991
Course Description:

This is a concentrated study of the law governing the financing of land transactions from both a national and California perspective. Coverage includes the California deed of trust, installment land contracts and other mortgaging substitutes, assignments of rents, receiverships, prepayment, foreclosure, priorities, California anti-deficiency legislation, impact of borrower bankruptcy on mortgage lenders, construction lending, future advances lending and the secondary market.

Course Learning Outcomes:

At the end of this course students will:

1.  be able to understand the basic law of real estate mortgages
2.  be familiar with the workings of the secondary market for mortgages and its impact on real estate finance and the American economy
3. be familiar with how to obtain the appointment of a mortgage receiver and to enforce mortgages on rents
4. be familiar with how to foreclose a California deed of trust, both judicially and nonjudicially
5. be familiar with the use of mortgage substitutes
6. be familiar with the law of mechanics' liens and its impact on financing real estate transactions.

Course Information:
​Faculty Term Course Section ​Schedule ​Units Requisite Satisfies SAW
Grant Nelson 18F 209 LEC 1 TR 12:10 PM - 1:35 PM 3.0 Yes No
Textbook Information:
Textbook for Fall 2018 LEC 1
Nelson et al Real Estate Transfer, Finance, and Development: Cases and Materials  9th ed.  
ISBN: 9780314288608. West Academic. REQUIRED $241.00