Real Estate: An Introduction to the Profession / Edition 10

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Overview

A classic reference, Real Estate: An Introduction To The Profession is ideal for students seeking a full or part-time career in real estate, those who plan to own a home or investment property, or anyone hoping to broaden their knowledge of real estate. This text covers it all: real estate brokerage, appraisal, financing, agency, contracts & closings, fair housing, environmental issues, taxation, licensing, and all the exciting careers in real estate today. Author Charles Jacobus has developed the chapters on real estate finance to reflect current issues affecting real estate today. CLO rules, tax-deferred exchanges, current tax laws, and automated underwriting systems are all given expanded coverage. The issues of agency responsibility, environmental concerns and ADA compliance are thoroughly discussed. Devoted to practical, hands-on information, Real Estate: An Introduction To The Profession 7/E provides the student with an excellent tool for promoting knowledge and interest in the complex and ever changing real estate industry.
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Product Details

  • ISBN-13: 9780324305630
  • Publisher: Cengage Learning
  • Publication date: 6/21/2005
  • Edition description: REV
  • Edition number: 10
  • Pages: 528
  • Product dimensions: 8.50 (w) x 10.80 (h) x 0.90 (d)

Meet the Author

Charles J. Jacobus received a Bachelor of Science degree from the University of Houston in 1970 and a Doctor of Jurisprudence degree from the University of Houston Law Center in 1973. He is board certified by the State Bar of Texas Board of Legal Specialization in both residential and commercial real estate law. He is a member of the American College of Lawyers and the Houston Real Estate Lawyer's Council, and has served as president of the Real Estate Educators' Association, chairman of the Real Estate Section of the Houston Bar Association, and chairman of the American Bar Association Committee on Real Estate Brokers and Brokerage. He has served on the Board of Editors for the American Bar Association Committee on Books and Publications, was Mayor of his hometown, Bellaire, Texas, and currently serves on the Real Estate, Probate and Trust Law Council of the State Bar of Texas, and is chairman of the State Bar of Texas Committee on Title Insurance.

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Table of Contents

Preface
1 Introduction to Real Estate 1
2 Nature and Description of Real Estate 13
3 Rights and Interests in Land 37
4 Forms of Ownership 61
5 Transferring Title 74
6 Recordation, Abstracts, and Title Insurance 99
7 Contract Law 123
8 Real Estate Sales Contracts 143
9 Mortgage and Note 171
10 Deed of Trust 196
11 Lending Practices 208
12 The Loan and the Consumer 235
13 Sources of Financing 255
14 Types of Financing 280
15 Taxes and Assessments 304
16 Title Closing and Escrow 325
17 Real Estate Leases 354
18 Real Estate Appraisal 369
19 Licensing Laws and Professional Affiliation 410
20 The Principal-Broker Relationship - Employment 443
21 The Principal-Broker Relationship - Agency 463
22 Fair Housing, ADA, Equal Credit, and Community Reinvestment 490
23 Condominiums, Cooperatives, PUDs, and Timeshares 511
24 Land-Use Control 533
25 Investing in Real Estate 545
App. A Construction Illustrations and Terminology 561
App. B Real Estate Math Review 575
App. C Measurement Conversion Table 583
App. D Answers to Chapter Questions and Problems 584
Index and Glossary 587
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