The Twentieth Edition of Modern Real Estate Practice reflects the realities of the real estate industry, including legislative updates, new case law, and economic concerns that impact the real estate professional. In addition, this edition has been reorganized to bring together the concepts that contribute to understanding the real estate marketplace, how real estate is defined, the type of real estate transactions that are the most frequently encountered by consumers, and how real estate professionals help consumers in carrying out those transactions.
Throughout, Internet resources have been verified and expanded.
Throughout the text, discussions, examples, exercises, and quizzes have been refined to make them as broadly-applicable as possible. More “In Practice” examples have been included to clarify topics.
The text begins with an overview of the real estate business, including the many professionals who contribute to various aspects of that business.