Principles of Real Estate Practice in Illinois: 3rd Edition

Principles of Real Estate Practice in Illinois contains the essentials of the national and Illinois real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Illinois license law. It is based on our highly successful and popular national publication, Principles of Real Estate Practice, which is in use in real estate schools nationwide.

The text is tailored to the needs of the pre-license student. It is designed to make it easy for students to
- learn the material and pass their real estate exam
- prepare students for numerous career applications
- stress practical, rather than theoretical, skills and knowledge.

Principles of Real Estate Practice in Illinois is streamlined, direct and to-the-point. It includes multiple learning reinforcements. It has a student-oriented organization, both within each chapter and from chapter to chapter. Its examples and exercises are grounded in the authors' many years in real estate education.

Table of Contents

The Real Estate Business
Rights in Real Estate
Interests and Estates
Ownership
Encumbrances and Liens
Transferring and Recording Title to Real Estate
Leasing Essentials
Land Use Planning and Control
Legal Descriptions
Fundamentals of Contract Law
National Agency
Listing Agreements: An Overview
General Brokerage Practices
Overview of Conveyance Contracts
Real Estate Market Economics
Appraising and Estimating Market Value
Real Estate Finance
Real Estate Investment
Real Estate Taxation
Professional Practices
Closings
Overview of Licensing and Regulation
Risk Management
Property Management
Illinois Licensing Regulation
Acquiring & Maintaining a License
Regulation of Business Practice
Agency Relationships
Disciplinary Rules and Procedures
Other Illinois Laws and Practices
Glossary of Residential Style and Construction Terms
Glossary of General Real Estate Terms
Index

For students looking for a Illinois-specific exam prep book, we also publish Illinois Real Estate License Exam Prep.