Principles of Real Estate Practice is a modern learning tool for the student preparing to enter the real estate business as a licensed professional. The textbook contains the essentials of real estate principles, law, and practices taught in real estate schools and colleges across the country, including all those fundamentals that real estate educators, practicing professionals, national testing services, and state licensing officials agree are necessary for basic competence. Principles of Real Estate Practice covers the national requirements for the initial 30-90+ hours of classroom study, or its equivalent, mandated by state license laws across the country.Principles of Real Estate Practice is tailored to the needs of the pre-license student. Its examples and exercises are grounded in the authors' fifty combined years in real estate education. The textbook is designed tomake it easy for students to learn the material and pass their real estate examprepare students for numerous career applicationsstress practical, rather than theoretical, skills and knowledge.Table of ContentsThe Real Estate BusinessRights in Real Estate Interests and EstatesOwnershipEncumbrances and LiensTransferring and Recording Title to Real Estate Real Estate Leases Land Use Planning and ControlLegal DescriptionsReal Estate Contract LawAgency Listing AgreementsThe Brokerage BusinessContracts for the Sale of Real EstateReal Estate Market Economics Appraising and Estimating Market ValueReal Estate Finance Real Estate Investment Real Estate Taxation Professional PracticesClosingsReal Estate Licensing and Regulation Risk Management Property ManagementReal Estate Mathematics and FormulasGlossary of Residential Style and Construction TermsGlossary of General Real Estate TermsIndexWe now offer state-specific versions of Principles of Real Estate Practice for Alabama, Arizona, Arkansas, Georgia, Illinois, Indiana, Massachusetts, Michigan, Mississippi, New Jersey, Nevada, North Carolina, South Carolina, Tennessee and Texas. More coming soon.