CONTENTS¿¿¿
Introduction ........ vii
From the Authors ........ ix
About the Authors................ xi
CHAPTER 1: Welcome to the World of Real Estate as a Business .................................. 1
CHAPTER 2: Real Estate Industry Dynamics.................................................................... 25
CHAPTER 3: Real Estate Practitioners and Professional Organizations.................... 37
CHAPTER 4: Real Property Distinctions and Details.......................................................45
CHAPTER 5: All about Homeownership .............................................................................59
CHAPTER 6: Law of Agency I ............................................................................................... 79
CHAPTER 7: Law of Agency II ............................................................................................109
CHAPTER 8: Brokerages, Illinois Licenses, and Office Culture...................................123
CHAPTER 9: Show Me the Money! (Compensation).......................................................137
CHAPTER 10: Protecting the Public ...................................................................................153
CHAPTER 11: Real Property Ownership Interest I .......................................................... 177
CHAPTER 12: Real Property Ownership Interest II .........................................................197
CHAPTER 13: Mother Nature and Real Estate................................................................. 211
CHAPTER 14: All about Liens and Real Estate Taxes..................................................... 223
CHAPTER 15: Real Estate Ownership................................................................................241
CHAPTER 16: What Are Brokerage Agreements?...........................................................261
CHAPTER 17: Legal Descriptions of Land........................................................................ 287
CHAPTER 18: Real Estate Contracts .................................................................................301
CHAPTER 19: Deeds ............................................................................................................. 323
CHAPTER 20: Titles and Title Records.............................................................................. 345
CHAPTER 21: Financing in Real Estate ............................................................................. 355
CHAPTER 22: Appraisals in Real Estate ............................................................................415
CHAPTER 23: Leases.............................................................................................................441
CHAPTER 24: The World of Property Management ....................................................... 465
CHAPTER 25: The Environment and Real Estate............................................................ 493
CHAPTER 26: The Fair Housing Act, Ethics, and Best Practices..................................527
CHAPTER 27: Closing the Deal.............................................................................................571
CHAPTER 28: Property Development and Land Use......................................................605
CHAPTER 29: Real Estate Math and Calculations .......................................................... 625
CHAPTER 30: Real Estate License Law in Illinois and What It Means for You........... 663
Conclusion ................. 741
Quiz Answers ................... 743
About the Authors................... 813