California Real Estate Principles

by
Edition: 6th
Format: Paperback
Pub. Date: 2005-08-01
Publisher(s): Kaplan
List Price: $52.62

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Summary

California Real Estate Principles is an introduction to the many interesting aspects of the real estate business. The text is suitable for both distance learning and classroom instruction.

Table of Contents

Prefacep. vii
The Business of Real Estatep. 1
The Real Estate Lawp. 1
Real Estate Brokeragep. 3
Activities of a Real Estate Brokerp. 6
Business Opportunity Brokeragep. 12
Prepaid Rental Listing Service Licensep. 14
Exemptions from Real Estate Licensing Requirementsp. 14
Real Estate Licensing Requirementsp. 15
Enforcement of the Real Estate Lawp. 21
Licensee Conductp. 25
Other Activities of the Department of Real Estatep. 25
Professional Associationsp. 29
Summaryp. 30
Important Termsp. 31
Open for Discussionp. 31
Achievement Examination 1p. 32
The Nature of Real Propertyp. 35
Historical Perspectivep. 35
Real Property and Personal Propertyp. 39
Land Descriptionp. 45
Summaryp. 54
Important Termsp. 55
Open for Discussionp. 56
Achievement Examination 2p. 57
Ownership of Real Propertyp. 59
Estates in Landp. 59
Taking Title to Real Estatep. 63
Business Ownership of Real Estatep. 69
Summaryp. 73
Important Termsp. 74
Open for Discussionp. 74
Achievement Examination 3p. 75
Transferring Real Estatep. 77
How Real Estate May Be Acquiredp. 77
Deedsp. 89
Summaryp. 96
Important Termsp. 97
Open for Discussionp. 98
Achievement Examination 4p. 99
Encumbrancesp. 101
Encumbrances to Real Estatep. 101
Liensp. 102
Bankruptcyp. 107
Easementsp. 108
Restrictionsp. 114
Encroachmentsp. 118
Homesteadsp. 119
Summaryp. 121
Important Termsp. 123
Open for Discussionp. 123
Achievement Examination 5p. 124
The Law of Agencyp. 127
The Concept of Agencyp. 127
How an Agency Relationship Is Createdp. 137
Agency Agreementsp. 139
Rights and Duties of Principal and Agentp. 153
Termination of an Agencyp. 162
Summaryp. 162
Important Termsp. 164
Open for Discussionp. 165
Achievement Examination 6p. 166
Contractsp. 169
What Is a Contract?p. 169
Elements of a Contractp. 171
Discharging a Contractp. 180
Real Estate Contractsp. 184
Summaryp. 208
Important Termsp. 209
Open for Discussionp. 210
Achievement Examination 7p. 211
Financing Real Estatep. 213
Purposes of Financing Real Estatep. 213
Cost of Creditp. 215
Real Estate as Securityp. 219
Real Estate Lenders-The Primary Mortgage Marketp. 234
Federal Disclosure Requirementsp. 248
Other Loan Considerationsp. 252
Summaryp. 255
Important Termsp. 256
Open for Discussionp. 257
Achievement Examination 8p. 258
Government-Sponsored and Other Financingp. 261
Government-Sponsored Financingp. 261
Creative Financingp. 272
The Secondary Mortgage Marketp. 275
Summaryp. 277
Important Termsp. 278
Open for Discussionp. 278
Achievement Examination 9p. 279
Escrow and Title Insurancep. 281
Escrowp. 281
Escrow Proceduresp. 287
Title Insurancep. 301
Summaryp. 309
Important Termsp. 310
Open for Discussionp. 310
Achievement Examination 10p. 311
Real Estate Taxationp. 313
Property Taxationp. 313
Federal Income Taxesp. 327
State Income Taxp. 332
Summaryp. 334
Important Termsp. 336
Open for Discussionp. 336
Achievement Examination 11p. 337
Landlord and Tenantp. 339
The Leaseholdp. 339
Mobile-Home Tenanciesp. 364
Other Lease Arangementsp. 366
Property Managementp. 367
Rent Controlp. 371
Summaryp. 372
Important Termsp. 374
Open for Discussionp. 374
Achievement Examination 12p. 375
Real Estate Appraisingp. 377
Appraiser Licensingp. 377
What Is a Real Estate Appraisal?p. 379
The Appraisal Processp. 384
Sales Comparison Approachp. 387
Cost Approachp. 390
Income Capitalization Approachp. 396
Reconciliation and the Appraisal Reportp. 399
Summaryp. 404
Important Termsp. 405
Open for Discussionp. 405
Achievement Examination 13p. 406
Residential Design and Constructionp. 409
Building Construction Standardsp. 409
Architecturep. 413
Design and Functionp. 417
Construction Stagesp. 420
Manufactured Homesp. 430
Summaryp. 432
Important Termsp. 432
Open for Discussionp. 433
Achievement Examination 14p. 434
Government Control of Land Usep. 437
Land-Use Regulationsp. 437
Subdivisionsp. 445
Fair Housing Lawsp. 453
Summaryp. 456
Important Termsp. 457
Open for Discussionp. 458
Achievement Examination 15p. 459
Math Appendixp. 461
Dollars and Decimalsp. 461
Interest and Loan Finance Problemsp. 464
Areap. 466
Summaryp. 470
Math Achievement Examinationp. 471
Internet Appendixp. 473
Glossaryp. 477
Answer Keyp. 497
Indexp. 517
Table of Contents provided by Ingram. All Rights Reserved.

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