Book Description
One of the most popular real estate prelicensing texts on the market! Completely updated, this best-selling principles book introduces the fundamentals of Real Estate unlike any other providing the user with a solid understanding of the real estate industry. Jacobus uses a readable yet authoritative approach making it a user-friendly resource for acquiring the knowledge to pass the licensing exam. As always, Jacobus highlights new and expanding concepts in the field of real estate while continually reinforcing the more stable concepts that have been the cornerstone of American real estate ownership. Key chapters dealing with the financial aspects of real estate now include new information based on current changes and trends in the marketplace -- Lending Practices, The Loan and the Consumer, Sources of Financing, and Types of Financing - essential for understanding the industry.

The publisher, Prentice-Hall Career & Technology
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 PUBLISHER

This popular, best-selling principles book is the first choice for introducing the fundamentals of Real Estate -- clearly and simply -- while providing a solid and comprehensive understanding of the real estate industry today.

SYNOPSIS

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

FROM THE CRITICS

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