Overview

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 - 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 New examples and explanations in the Fourth Edition reflect recent developments: - financial planning and investment, for analyzing proforma 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

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