Real Estate Transactions: Examples and Explanations

This highly regarded text earned its popularity by helping students build their confidence while they develop their skills. Beginning with the simple residential closing, Examples & Explanations: Real Estate Transactions, Fourth Edition, leads students through progressively more complex transactions to reach a solid understanding of the area.

The text clarifies the subject by:

• offering point-by-point instruction, practice, and feedback on the three main subjects of all real estate courses — investment, mortgaging, and conveyancing
• presenting a broad overview of each topic, followed by examples, questions, and detailed answers
• covering business planning and investments, from commercial real estate to more sophisticated commercial transactions
• presenting material along the time line needed for students to understand the sequence of events applicable in any real estate transaction
• serving as an introduction to the participants and servicers of the transaction and to the financial benefits of investing

New examples and explanations in the Fourth Edition reflect recent developments:

• financial planning and investment, for analyzing pro forma statements by real estate investors
• mezzanine financing, in line with the current discussion of junior mortgages
• LLC's and the amendments of the applicable Uniform Acts
• mechanics liens
• regulatory checks on terrorism activity and money