From the Publisher
Suited for those seeking a full or part-time career in real estate, those who own or plan to own a home or investment property, or anyone seeking to broaden their knowledge of real estate, this text covers it all--real estate brokerage, appraisal, financing, contracts, closings, investing, land descriptions, rights and interests, fair housing, taxes, leases, condominiums, zoning, careers, licensing, the use of computers in real estate, and more. The Seventh Edition includes coverage of such timely topics as real estate agent's liability and professional obligation to buyers and sellers, brokers who represent buyers, advance fee listings, errors and omission insurance, foreclosure and timesharing. All of these topics are presented in an elegantly straightforward style that makes learning the principles and practices of real estate both accessible and enjoyable.
From the Back Cover
Key Benefit: The eighth edition of this best-selling book introduces the fundamentals of real estate, highlighting new and expanding concepts, while reinforcing those concepts that represent the cornerstone of American real estate ownership. Key Topics: This essential guide provides a comprehensive, practical, and real-world introduction to the fundamentals of buying, selling, and owning real estate in the United States. The book presents topics of interest to every buyer and seller such as land rights and interests, title transfer, recordation, abstracts, as well as title and property insurance. It also discusses a number of other larger topics, such as forms of real estate ownership; real estate financing; legislative issues; and real estate as an investment. For the professional, it also includes sample test questions from ASI, PSI, and AMP-Type Tests. The eighth edition of Real Estate Principles has been revised to include the most recent information. Among this new material is new income tax amendments; the latest information on VA and FHA government loan procedures; the most recent Uniform Residential Loan Applications; new ECOA rules as they apply to licensure; the latest RESPA changes; and new reporting options for appraisals. In addition, discussions of outmoded mortgages types have been removed while the discussion of reverse annuity mortgages has been expanded. Market: An essential reference guide for every real estate professional as well as anyone buying, selling, or investing in real estate in the United States.
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