Authors: Charles J. Jacobus
ISBN-13: 9780324787498, ISBN-10: 0324787499
Format: Hardcover
Publisher: Cengage Learning
Date Published: February 2009
Edition: 11st Edition
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.
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
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)
Preface | ||
Note to Readers | ||
1 | Introduction to Real Estate | 1 |
2 | Nature and Description of Real Estate | 14 |
3 | Rights and Interests in Land | 42 |
4 | Forms of Ownership | 70 |
5 | Transferring Title | 91 |
6 | Recordation, Abstracts, and Title Insurance | 115 |
7 | Contract Law | 138 |
8 | Real Estate Sales Contracts | 157 |
9 | Mortgage and Note | 188 |
10 | Deed of Trust | 213 |
11 | Lending Practices | 225 |
12 | The Loan and the Consumer | 251 |
13 | Sources of Financing | 269 |
14 | Types of Financing | 293 |
15 | Taxes and Assessments | 317 |
16 | Title Closing and Escrow | 338 |
17 | Real Estate Leases | 366 |
18 | Real Estate Appraisal | 392 |
19 | Licensing Laws and Professional Affiliations | 433 |
20 | Principal-Broker Relationship - Employment | 465 |
21 | Principal-Broker Relationship - Agency | 483 |
22 | Fair Housing, Equal Credit, and Community Reinvestment | 508 |
23 | Condominiums, Cooperatives, PUDs, and Timeshares | 527 |
24 | Property Insurance | 549 |
25 | Land-Use Control | 562 |
26 | Real Estate and the Economy | 576 |
27 | Investing in Real Estate | 599 |
App. A: Construction Illustrations and Terminology | 629 | |
App. B-1: Sample ASI-Type Test Questions | 642 | |
App. B-2: Sample PSI-Type Test Questions | 646 | |
App. C: Sample AMP-Type Test Questions | 648 | |
App. D: Real Estate Math Review | 657 | |
App. E: Compound Interest and Present Value Tables | 665 | |
App. F: Measurement Conversion Table | 669 | |
App. G: Answers to Questions and Problems | 670 | |
Index and Glossary | 693 |