This book provides a clear understanding of the theories and practices used in real estate. By balancing practical information with academic rigor, it provides a comprehensive introduction to real estate. It can be used as a first course in real estate career preparation or as an elective course for those seeking practical real estate knowledge. Although it is not a prelicensing text, it could be used for licensing oriented courses with additional state specific material.

Table of Contents

Preface. About the Author. PART I. AN INTRODUCTION TO REAL ESTATE. Chapter 1. Real Estate Markets. Chapter 2. Real Estate Services. Chapter 3. Home Ownership. PART II. REAL ESTATE OWNERSHIP AND THE LAW. Chapter 4. Interests in Real Estate. Chapter 5. Forms of Real Property Ownership. Chapter 6. Limitations on Ownership. Chapter 7. Income Taxes. Chapter 8. Legal Descriptions; PART III. REAL ESTATE TRANSACTIONS. Chapter 9. Real Estate Agency and Brokerage. Chapter 10. Real Estate Appraisal. Chapter 11. Real Estate Contracts. Chapter 12. Deeds. Chapter 13. Preparation for the Real Estate Closing. Chapter 14. Closing the Real Estate Transaction. PART IV. REAL ESTATE FINANCING. Chapter 15. Mortgages and Deeds of Trust. Chapter 16. Financing Real Estate Transactions. Chapter 17. Mortgage Calculations. PART V. REAL ESTATE DEVELOPMENT AND INVESTMENT. Chapter 18. Property Management and Leasing. Chapter 19. Property Insurance. Chapter 20. Property Development and Market Analysis. Chapter 21. Investment Analysis. Appendix. Glossary. Index.