Modern Real Estate Practice

For more than forty years, Modern Real Estate Practice has set the industry standard for real estate education, with over 50,000 copies sold every year and over 3 million real estate professionals trained. Now, in this exciting new edition, Modern Real Estate Practice continues that tradition of excellence. Includes a test-building CD-ROM and URLs for key government and professional association websites.

Written in a user friendly style, this edition of the illinois prelicensee's textbook has been thoroughly revised and updated throughout to reflect the "Illinois Real Estate License Act of 2000.In addition students and instructiors alike will appriciate the inclusion of more quick memory devices, additional math examples, Internet references, updated questions and more.

This new edition provides the latest and most comprehensive information available to help students prepare for the PSI Real Estate Exam. Based on the PSI Examination Content Outline, this text offers more questions and answers than any other PSI book. Highlights: * Over 800 exam-style questions with rationales pinpoint subjects that require additional review. * Six practice exams--3 salesperson, 2 broker, and 1 math--help students prepare for the actual exam. * Content aligned with PSI exam outline. * Matching review quizzes help students focus on key terms.

Modern Real Estate Practice in Pennsylvania has set the standard for real estate education in the state since its first printing in 1975. This text offers the most current information, helpful illustrations and an easy to read format that has made this the most comprehensive and up to date principles text tailored for Pennsylvania. Appendices include a math review, sample exams, and the complete licensing and registration act. Topics covered include: * Real Property and the Law * Land Use Controls and Development * Environmental Issues in Real Estate * Legal Descriptions * Interests in Real Estate * Landlord and Tenant Interests * Forms of Real Estate Ownership * Transfer of Title * Title Records * Principles of Real Estate Contracts * Principles of Real Estate Financing * Pennsylvania Real Estate Licensing Law * The Real Estate Business * Real Estate Brokerage * Agency in Real Estate * Ethical Practices and Fair Housing * Listing Agreements and Buyer Representation Contracts * Sales Contracts * Financing the Real Estate Transaction * Appraising Real Estate * Closing the Real Estate Transaction * Property Management