Principles of Real Estate Practice in Illinois (eBook)

Principles of Real Estate Practice in Illinois contains the essentials of the national and Illinois real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Illinois license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide.The text is tailored to the needs of the pre-license student. It is designed to make it easy for students to learn the material and pass their real estate examprepare students for numerous career applicationsstress practical, rather than theoretical, skills and knowledge.Principles of Real Estate Practice in Illinois is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors' many years in real estate education.Table of ContentsThe Real Estate BusinessRights in Real EstateInterests and EstatesOwnershipEncumbrances and LiensTransferring and Recording Title to Real EstateLeasing EssentialsLand Use Planning and ControlLegal DescriptionsFundamentals of Contract LawNational AgencyListing Agreements: An OverviewGeneral Brokerage PracticesOverview of Conveyance ContractsReal Estate Market EconomicsAppraising and Estimating Market ValueReal Estate FinanceReal Estate InvestmentReal Estate TaxationProfessional PracticesClosingsOverview of Licensing and RegulationRisk ManagementProperty ManagementIllinois Licensing RegulationAcquiring & Maintaining a LicenseRegulation of Business PracticeAgency RelationshipsDisciplinary Rules and ProceduresOther Illinois Laws and PracticesGlossary of Residential Style and Construction TermsGlossary of General Real Estate TermsIndexFor students looking for a Illinois-specific exam prep book, we also publish Illinois Real Estate License Exam Prep.