Texas Real Estate

Updated to reflect recent legislative changes, this revised edition includes a discussion of the new CFPB rules, the Education Standards Advisory Committee, license act changes, and a brief discussion on the court system. Charles J. Jacobus provides students with numerous examples and keen insights from the actual practice of real estate in Texas. The "Putting it to Work" features give readers a brief understanding of how the material relates to everyday real estate transactions. Texas Real Estate also includes extensive end-of-chapter review questions, a comprehensive glossary, and a helpful real estate math review appendix. The book's two practice exams with complete answer keys allow readers to test their understanding and prepare fully for taking Texas' real estate licensing exam. Table of Contents Preface 1. Introduction to Real Estate 2. Nature and Description of Real Estate 3. Rights and Interests in Land 4. Forms of Ownership 5. Issues in Home Ownership 6. Condominiums, Cooperatives, PUDs, and Timeshares 7. Contract Law 8. Texas Real Estate Sales Contracts 9. Licensing Laws and Professional Affiliation 10. The Principal-Broker Relationship: Employment 11. The Principal-Broker Relationship: Agency 12. Fair Housing, ADA, Equal Credit, and Community Reinvestment 13. Transferring Title 14. Recordation, Abstracts, and Title Insurance 15. Mortgage Theory and Law 16. Lending Practices 17. Sources of Financing 18. Types of Financing 19. The Loan and the Consumer 20. Real Estate Leases 21. Real Estate Appraisal 22. Title Closing and Escrow 23. Land-Use Control 24. Investing in Real Estate 25. Specialization Appendix A - The Real Estate License Act Appendix B - Rules of the Texas Real Estate Commission: Chapter Canons of Professional Ethics and Conduct for Real Estate Licenses Appendix C - Real Estate Math Review Appendix D - Practice Exam 1 Appendix E - Practice Exam 2 Appendix F - Answer Key Index & Glossary