Land Finance Law

Land Transfer and Finance: Cases and Materials, Sixth Edition, is a classroom-tested casebook designed for upper-class courses in real estate transactions or financing that will appeal to professors who prefer to focus on the taxation and financing aspects of a transaction as well as to those who choose to concentrate on contractual and title areas. The Sixth Edition has been meticulously updated and features extensive coverage of the impact of the recent mortgage crisis and the resulting changes and potential changes to real estate mortgage markets. This comprehensive casebook offers: A thorough foundation in land transfer law and a solid doctrinal framework in contract, financing, taxation, and titles. Legal and historical background on the subject of land transactions that will help prepare students for practice. Thorough coverage of the law relevant to various kinds of land transactions, with an emphasis on the major participants in the land sale and lending markets, the role of these participants, their business concerns, and their legal rights and duties. Consideration of many of the more troublesome legal and policy problems in the land transaction field and alternative solutions to these problems are explored. Numerous judicial opinions illustrating important issues of law concerning land transactions and the major participants in land transaction markets. Cases that are selected to help demonstrate the variations in the design of real-world land transactions and the frequent complexity of ;these transactions. Materials that develop students' ability to critically evaluate legal problems and propose solutions to these problems that will best serve the parties' business objectives within the applicable legal constraints. Valuable appendices, including a glossary of real estate terms and sample form documents. The Sixth Edition features: Extensive consideration in Chapter 2 of changes pertaining to real estate mortgage markets. Chapter 7, Part D (Securitization) has been significantly revised. Material in Chapter 7, Part E (Valuing Real Estate and Investments) has been expanded to include a brief section on the basic business and finance considerations in real estate development and investment. Updated tax material. Revisions and refinements to nearly all of the explanatory text, article excerpts, and notes. The purchase of this Kindle edition does not entitle you to receive 1-year FREE digital access to the corresponding Examples & Explanations in your course area. In order to receive access to the hypothetical questions complemented by detailed explanations found in the Examples & Explanations, you will need to purchase a new print casebook.

Completely updated, with extensive revisions, this casebook retains the features that have kept it a long-lived success. - provides a thorough foundation in land transfer law as well as a solid doctrinal framework in contract, financing, taxation, and titles - introduces students to the legal and historical background of land transactions - provides comprehensive coverage of the law relevant to different kinds of land transactions, with an emphasis on the major participants in the land sale and lending markets, the role of these participants, their business concerns, and their legal rights and duties - considers many of the more troublesome legal and policy problems in the land transaction field and posits possible solutions to these problems - cases have been selected to help demonstrate variations in real world land transactions and the frequent complexity of these transactions - materials develop students' ability to critically evaluate legal problems and propose solutions that best serve the parties' business objectives within the applicable legal constraints - provides a glossary of real estate terms and sample form documents Special features of the Fifth Edition include: - a new co-author, Marshall Tracht, who has written extensively in the areas of real estate development and construction financing, workouts, and bankruptcy - new cases and new and revised material in a number of areas, including real estate brokerage, lending discrimination and predatory lending, as well as developments in the real estate capital markets, taxation, and investment vehicles - extensive and up-to-date analysis of land transfer law and doctrine - updatedexplanatory text, article excerpts, and note material including recent scholarly accounts of major developments in land transaction law - new material addressing conveyancing and finance law - revised chapters: Chapter Three, Basic Tax Considerations of the Real Estate Transaction, reflecting changes in the tax laws and Chapter Six, Shared Facilities Ownership - a completely new Teacher's Manual

Modern Real Estate Finance and Land Transfer—sophisticated, yet teachable—explains the increasingly complex legal, business, and tax issues surrounding real estate transactions with discussion relevant to both commercial and residential situations. Through a transactional and interdisciplinary approach, students learn the general rules of law, their underlying rationale or policy, and how (or whether) a rule can be superseded by the mutual consent. Real-world examples help foster practical skills required of attorneys in real estate firms, and the text is appropriate for both a basic Real Estate Transactions or Finance course and also advanced seminars. Topical and chronological organization features coverage of both Real Estate Sales and Real Estate Finance and follows the lending cycle in modern financing. Questions and planning problems help students examine issues in the context of relevant transactions and documents for sale, finance, leasing, and development transactions. The authors are scholar-practitioners who skillfully mix practical skills and theory students will need in today’s competitive legal markets. Key Features: sophisticated, yet teachable—thoroughly explains complex legal, business, and tax issues in real estate transactions transactional, interdisciplinary approach teaches the general rules of law shows underlying rationale or policy explores how (or whether) a rule can be superseded by mutual consent real-world examples and accessible explanations topical and chronological organization coverage of both Real Estate Sales and Real Estate Finance follows lending cycle in modern real estate financing appropriate for both basic Real Estate Transactions or Finance course and advanced seminars relevant questions and planning problems written by scholar-practitioners who blend practical skills with theory suited to both commercial and residential real estate transactions Thoroughly updated, the revised Sixth Edition presents changes in the law since 2013, including: case law responses to the recent mortgage crisis in residential real estate including lender refusals to fund committed construction loans new case law involving nonrecourse carve-outs a new section and cases on recourse against and protection of the guarantor, and ethical issues in guarantor representation new developments in bankruptcy law involving real estate transactions

Contracts for the Sale of Land; Conveyances and Titles; Law of Real Estate Finance; Mortgage Substitutes; Rights and Duties Pre-Foreclosure; Transfer by the Mortgagor and Mortgagee; Discharge of the Debt and Mortgage; Foreclosure; Priority Problems; Government Involvement in the Mortgage Market; Alternative Mortgage Instruments; Planned Unit Development, Condominiums and Cooperatives.

'Land Law' provides comprehensive coverage of the core areas studied on such courses. It offers a clear account of the subject with sufficient depth to serve as a main course text but without overwhelming the student with unnecessary detail.