California Real Estate Principles
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Continuing the legacy of this well-known text, authors Brady and Estes have fully updated and re-energized the content to accurately represent modern real estate practice in California today. Coverage of the SAFE Act and its impact on mortgage brokers has been added along with current information on homestead laws, buyer's agency, senior community exceptions to fair housing laws, and much more. Each chapter includes learning objectives, preview, summary, highlighted important terms, practical applications and review questions to boost user comprehension and mastery of material. Designed entirely around the salesperson exam's content, this book is easy-to understand, yet rigorous in its learning models to reinforce information necessary to pass the exam. The 150-question practice exam included is similar in format and content to the actual real estate salesperson exam with answers and test-taking hints.
PrefaceCh. 1Introduction to Real Estate1Ch. 2Part I: Legal Description, Method of Acquiring Title, and Deeds16Ch. 2Part II: Estates and Methods of Holding Title46Ch. 3Encumbrances, Liens, and Homesteads60Ch. 4Real Estate Agency80Ch. 5Real Estate Contracts101Ch. 6Practical Real Estate Mathematics133Ch. 7Introduction to Real Estate Finance159Ch. 8Part I: Real Estate Lenders189Ch. 8Part II: FHA, VA, CAL-VET Loans, and the Secondary Mortgage Market203Ch. 9Real Estate Appraisal221Ch. 10The Role of Escrow and Title Insurance Companies247Ch. 11Landlord and Tenant Relations268Ch. 12Land-use Planning, Subdivisions, and other Public Controls288Ch. 13Introduction to Taxation309Ch. 14Single-Family Homes and Mobile Homes327Ch. 15A Career in Real Estate344Practice Examination376Answers to Practice Examination401Answers to Practical Application Questions404Answers to Reviewing your Understanding Questions412Glossary414Index455
