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Modern Real Estate Practice in Illinois 9th Edition

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This revised latest edition of Modern Real Estate Practice in Illinois is designed to meet the specific prelicensing requirements in Illinois. The book reflects the most recent legislative changes and new practices in Illinois. Students will benefit from complete coverage of popular topics such as financing options, short sales, and foreclosures. This text contains everything a prospective licensee needs to become regulatory compliant in Illinois. CONTENTS: Introduction • Introduction to the Real Estate Business • Real Property and the Law • Concepts of Home Ownership • Real Estate Agency • Real Estate Brokerage • Brokerage Agreements • Interests in Real Estate • Forms of Real Estate Ownership • Legal Descriptions • Real Estate Taxes and Other Liens • Real Estate Contracts • Transfer of Title • Title Records • Illinois Real Estate License Law • Real Estate Financing: Principles • Real Estate Financing: Practice • Leases • Property Management • Real Estate Appraisal • Land-Use Controls and Property Descriptions • Fair Housing and Ethical Practices • Environmental Issues and the Real Estate Transaction • Closing the Real Estate Transaction • Real Estate Mathematics • Sample Illinois Real Estate Licensing Examinations • Glossary • Answer Key • Index

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First published January 1, 1994

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Fillmore W. Galaty

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