For decades this popular principles book has laid a solid foundation for thousands of new real estate professionals like you starting a rewarding career in the real estate industry. Known for his clear presentation and engaging style, Charles Jacobus brings together all the pieces of real estate giving you the fundamentals they need for success. This best-selling principles book has been updated to reflect numerous changes in modern real estate practice. Particular attention has been given to new regulations in the mortgage industry while still reinforcing the core concepts that have been the cornerstone of American real estate ownership.
Emphasizing the basic concepts and principles of real estate, this textbook provides an overview of the industry as it exists today. Chapters cover topics like: recordation, abstracts, and title insurance; contract law; sales contracts; mortgage and note; deed of trust; lending practices; the loan and the consumer; sources of financing; types of financing; taxes and assessments; title closing and escrow; leases; appraisal; licensing laws and professional affiliation; the principal-broker relationship; fair hosing, ADA, equal credit, and community reinvestment; condominiums, cooperatives, PUDs, and timeshares; property insurance; land-use control; real estate and the economy; and investing. Jacobus is a lawyer specializing in residential and commercial real estate law. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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.
1. Introduction to Real Estate. 2. Nature and Description of Real Estate. 3. Rights and Interests in Land. 4. Forms of Ownership. 5. Transferring Title. 6. Recordation, Abstracts, and Title Insurance. 7. Contract Law. 8. Real Estate Sales Contracts. 9. Mortgage and Note. 10. Deed of Trust. 11. Lending Practices. 12. The Loan and the Consumer. 13. Sources of Financing. 14. Types of Financing. 15. Taxes and Assessments. 16. Title Closing and Escrow. 17. Real Estate Leases. 18. Real Estate Appraisal. 19. Licensing Laws and Professional Affiliation. 20. The Principal-Broker Relationship: Employment. 21. The Principal-Broker Relationship: Agency. 22. Fair Housing, ADA, Equal Credit, and Community Reinvestment. 23. Condominiums, Cooperatives, PUDs, and Timeshares. 24. Property Insurance. 25. Land-Use Control. 26. Real Estate and the Economy. 27. Investing in Real Estate. Appendix A. Construction Illustrations and Terminology. Appendix B. Real Estate Math Review. Appendix. C. Interest and Present Value Tables. Appendix D. Measurement Conversion Table. Appendix E. Answer to Chapter Questions and Problems Index and Glossary.