Modern Real Estate Finance And Land Transfer

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students learn the general rules of law, their underlying rationale or policy, and how (or whether) a rule can be superseded by the mutual consent.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approach teaches the general rules of law shows underlying rationale or policy explores how (or whether) a rule can be superseded by mutual consent real-world examples and accessible explanations topical and chronological organization coverage of both Real Estate Sales and Real Estate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

To best prepare your students For The actual work of a real estate lawyer, adopt this excellent revision of a sophisticated yet teachable casebook. MODERN REAL ESTATE FINANCING: A Transactional Approach, Second Edition, thoroughly explains the increasingly complex legal, business, and tax issues surrounding commercial real estate transactions today. This powerful teaching and learning tool is highly regarded for its: transactional approach sensible organization, featuring topical coverage of both real estate and real estate transaction accessible explanations of the general rules of law that govern a real estate transaction suitability for a separate real estate finance course or a more general survey course Users of MODERN REAL ESTATE FINANCING: A Transactional Approach will be pleased to find these changes in the Second Edition: a completely revised text for better ease of use and up-to-date material the addition of respected scholar Steven Bender as a co-author a shorter, more sophisticated format

In the thoroughly updated fourth edition of this classic casebook, noted authors Berger and Johnstone retain their successful, clearly organized approach to real estate transactions, while addressing important recent issues such as lender liability, risks to lenders from environmental cleanup, and new land finance mechanisms. Ideally suited For The basic Real Estate Transactions course, LAND TRANSFER AND FINANCE: CASES AND MATERIALS gives your students a solid foundation in the institutions of the real estate market and shows them how real estate practice draws upon the legal doctrine of contracts, finance, and tax. Berger and Johnstone give your students topical coverage with sufficient breadth and depth to prepare them for practice. The new edition offers: expanded coverage of land finance, including the changing rules of thrift institutions and commercial banks, The savings and loan crisis, and new modes of construction financing incisive discussion of lender liability issues, including new risks to lenders from environmental clean-up obligations current tax considerations resulting from the Tax Reform Act of 1986 and updated regulations on like-kind exchanges new sections in the chapter on Co-ops, Condos, and Home Associations covering the rule-making powers of home associations and enforcement of association liens; expanded material on time-sharing new material on complex land finance concerning sale-and-leasebacks and choice of entity for real estate investment Throughout the casebook, The authors provide abundant notes and problems. Useful appendices contain examples of common forms used in real estate transactions.