California Real Estate Principles / Edition 6

California Real Estate Principles / Edition 6

by Dennis J. McKenzie, Cecili Hopkins, Cecilia A. Hopkins, Lowell A. Anderson
     
 

Comprehensive, detailed, and substantive -- yet accessible -- this survey of basic real estate principles is designed to prepare readers for the California Real Estate Sales Exam -- and to provide consumer data for their own real estate use. Includes a complete 150-question practice final examination — with answers and test-takingSee more details below

Overview

Comprehensive, detailed, and substantive -- yet accessible -- this survey of basic real estate principles is designed to prepare readers for the California Real Estate Sales Exam -- and to provide consumer data for their own real estate use. Includes a complete 150-question practice final examination — with answers and test-taking hints -- similar in format and content to the actual exam. Covers topics such as Legal Description, Method of Acquiring Title, and Deeds; Estates and Methods of Holding Title; Encumbrances, Liens, and Homesteads; Real Estate Agency; Real Estate Contracts; Practical Real Estate Mathematics; Introduction to Real Estate Finance; Real Estate Lenders; FHA, VA, CAL-VET Loans, and the Secondary Mortgage Market; Real Estate Appraisal; The Role of Escrow and Title Insurance Companies; Landlord and Tenant Relations; Land-Use Planning, Subdivisions, and Other Public Controls; Introduction to Taxation; Single-Family Homes and Mobile Homes; and A Career in Real Estate. Incorporates up-to-date real estate finance changes. Discusses real estate applications of the 1997 Tax Payer's Relief Act. Provides the latest update on requirements for the real estate license in California. For those preparing for the California Real Estate License Exam and for anyone interested in consumer data for their own real estate use.

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Product Details

ISBN-13:
9780324142501
Publisher:
South-Western
Publication date:
12/28/1998
Edition description:
Older Edition
Pages:
463
Product dimensions:
8.26(w) x 10.86(h) x 0.97(d)

Related Subjects

Meet the Author

Dennis J. McKenzie, MBA, MA Economics, was an instructor in Real Estate and Economics, College of the Redwoods. He was formerly senior faculty in real estate, University of Southern California, College of Continuing Education. McKenzie was a REALTOR?, a GRI, and a faculty member of the REALTORS? Institute. He also served as an educational consultant for the California Department of Real Estate and was a past recipient of the Teacher of the Year award granted by the California Real Estate Educators Association.

Mary Ellen Brady has been a successful California real estate broker and real estate salesperson for nearly twenty years. She is the owner of her own real estate company in addition to being the Real Estate Department Chair at Cerritos College. In 1993, 1996 and 1997, Ms. Brady was named the REALTOR? of the Year from the Southeast Chapter of the Women's Council of REALTORS? then went on to serve as their President in 1997. She then functioned as Presidents and Chairs for many prestigious boards throughout the years. She received the impressive Norm Wurst Award for her contributions to Real Estate Education from the California Real Estate Educator's Association in 2007. In addition to obtaining her Graduate REALTOR Institute (GRI), Mary Ellen has also acquired her e-PRO, NAHREP Certified Professional and Senior Real Estate Specialist (SRES) designations. She has participated in Negotiation and Mediation Training in association with the Pepperdine University School of Law, Straus Institute for Dispute Resolution.

Edwin Estes Jr., Esq. received his Bachelor of Arts degree from the University of Southern California and his Juris Doctorate degree from Pepperdine University School of Law. A real estate licensee since 1976, he received his California Broker's license in 1984 and has been a member of the California State Bar since 1983. Since that time he has been active in real estate brokerage management, counseling, development and investment brokerage. He is a former arbitrator for the American Arbitration Association and has served as a Judge Pro Tem for the Superior Court. Professor Estes has been teaching Graduate REALTORS Institute (GRI) classes as a Master Instructor for the California Association of REALTORS since 1991. In addition to obtaining the real estate designations of Certified Commercial Investment Member (CCIM), Certified Real Estate Brokerage Manager (CRB), Graduate REALTORS Institute (GRI), Accredited Buyer Representative (ABR), Accredited Buyer Representative Manager (ABRM), e-PRO and Senior Real Estate Specialist (SRES), he is also an accomplished community college instructor, and serves as the Real Estate Program Coordinator for Mt. San Antonio College.

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Table of Contents

Preface
Ch. 1Introduction to Real Estate1
Ch. 2Part I: Legal Description, Method of Acquiring Title, and Deeds16
Ch. 2Part II: Estates and Methods of Holding Title46
Ch. 3Encumbrances, Liens, and Homesteads60
Ch. 4Real Estate Agency80
Ch. 5Real Estate Contracts101
Ch. 6Practical Real Estate Mathematics133
Ch. 7Introduction to Real Estate Finance159
Ch. 8Part I: Real Estate Lenders189
Ch. 8Part II: FHA, VA, CAL-VET Loans, and the Secondary Mortgage Market203
Ch. 9Real Estate Appraisal221
Ch. 10The Role of Escrow and Title Insurance Companies247
Ch. 11Landlord and Tenant Relations268
Ch. 12Land-use Planning, Subdivisions, and other Public Controls288
Ch. 13Introduction to Taxation309
Ch. 14Single-Family Homes and Mobile Homes327
Ch. 15A Career in Real Estate344
Practice Examination376
Answers to Practice Examination401
Answers to Practical Application Questions404
Answers to Reviewing your Understanding Questions412
Glossary414
Index455

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