Modern Real Estate Practice in Illinois;

This heavily revised new 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 and covers popular topics such as financing options, short sales, and foreclosures. It contains everything a prospective licensee needs to become regulatory compliant. 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 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