Description
This text for students and legal assistants introduces basics of real property law and examines all areas of a modern real estate practice. For this fourth edition, forms have been updated, and there is expanded coverage of different types of legal entities, the role of real estate brokers, and the impact of federal income taxation on the sale of real property. Web page source materials for real estate matters are new, and there are new practical assignments. Author information is not given. Annotation (c) Book News, Inc., Portland, OR (booknews.com)
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Practical Real Estate Law is an excellent text for educating and training future paralegals about the intricacies of real estate law and transactions. The text covers in detail the central areas involved in transactional real estate. Topics include real estate contracts, real estate brokerage relationships, real estate finance as it specifically relates to residential and commercial processes and valuable information regarding surveys and title insurance. Students and instructors will be surprised at the wealth of information covered in such a user-friendly format. Plus, this fourth edition examines federal taxation and how it applies to the ownership and investment in real estate. It also features a full chapter on leasing with an emphasis on commercial leasing. Case summaries successfully illustrate how the legal principles operate in the real world and give students practice in reading and analyzing case material. Students and practicing paralegals will benefit greatly from the residential-specific and commercial-specific discussions, forms and checklists because while many theories of residential and commercial real estate transactions are the same, the specifics differ greatly.
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