Synopses & Reviews
Thousands of real estate professionals like you have relied on this popular text to learn everything they needed to know about the practice of real estate in Texas. Both authoritative and specific to unique real estate practices of Texas, this principles book covers everything from brokerage, appraisal, financing, contract, closing and investments. All the core topics of real estate are thoroughly covered so you can be confident you'll be well prepared to enter your new career in real estate. You'll learn about land descriptions, rights and interests, fair housing, taxes, leases, condominiums, zoning, licensing and the use of computers in real estate. Also, you'll appreciate the numerous real-world examples from the actual practice of real estate in Texas throughout the book.
Synopsis
This well-known and respected text by Jacobus provides current and authoritative coverage of modern real estate practice in Texas. All the core topics of real estate Principles I and II are covered including recent Texas legislature changes and updates to the Real Estate License Act. In addition, users will learn about land descriptions, rights and interests, fair housing, taxes, leases, condominiums, zoning, licensing and the use of technology in real estate. Abundant real-world examples and "Putting It to Work" feature throughout highlight actual practice of real estate in Texas bringing the theory and concepts alive.
About the Author
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.
Table of Contents
PRINCIPLES I. 1. Introduction to Real Estate. 2. Nature and Description of Real Estate. 3. Rights and Interests in Land. 4. Forms of Ownership. 5. Transferring Title. 6. Recordation, Abstracts and Title Insurance. 7. Contract Law. 8. Real Estate Sales Contracts. 9. Mortgage Theory and Law. 10. Lending Practices. 11. The Loan and the Consumer. PRINCIPLES II. 12. Sources of Financing. 13. Types of Financing. 14. Taxes and Assessments. 15. Title Closing and Escrow. 16. Real Estate Leases. 17. Real Estate Appraisal. 18. Licensing Laws and Professional Affiliation. 19. The Principal-Broker Relationship: Employment. 20. The Principal-Broker Relationship: Agency. 21. Fair Housing, ADA, Equal Credit and Community Reinvestment. 22. Condominiums, Cooperatives, Puds and Timeshares. 23. Land-Use Control. 24. Investing in Real Estate. Appendix A: The Real Estate License Act. Appendix B: Canons/Texas Real Estate Commission. Appendix C: Real Estate Math Review. Appendix D: Practice Exam 1. Appendix E: Practice Exam 2. Appendix F: Answer Key. Glossary. Index.