Michigan Real Estate: Principles & Practices, 4th Edition

Product Details

Completely updated, this popular text from South-Western is the most up-to-date text covering Michigan real estate laws, rule and practices. Using a workbook style that allows users to practice completing forms and taking exams, Michigan Real Estate: Principles and Practices, 4e fully prepares an individual to pass the Michigan Real Estate Exam.

Key topics include ownership; property concerns, contract law; financing; property management; Michigan real estate license laws, taxes; and fair housing. Each chapter ends with summary points and quizzes to strengthen user?s comprehension and success on the license exam. In addition to the superior exam preparation Fraser provides, a host of interactive learning supplements are also available to not only help users learn, review, and retain required information, but also practice applying the concepts and taking the actual licensing exam. 426pp.

Table of Contents:

• 1. Introduction to Real Estate Principles
• 2. Property Ownership and Interests.
• 3. Michigan License Laws and Rules
• 4. Fair Housing
• 5. Brokerage and Agency
• 6. Real Estate Contracts
• 7. Transfer of Title to Real Property
• 8. Real Estate Finance Principles
• 9. Real Estate Finance Practices and Closing Transactions
• 10. Property Valuation
• 11. Land Use Controls
• 12. Encumbrances, Government Restrictions, and Appurtenances
• 13. Leasehold Estates
• 14. Property Management and Insurance
• 15. Federal Income Taxation and Basic Principles of Real Estate Investment
• 16. Real Estate Math
• Appendix A. A Guide to Common Real Estate Environmental Hazards
• Appendix B. Protect Your Family From Lead in Your Home
• Appendix C. Enrolled Senate Bill No. 513
• Appendix D. Practice Exam 1
• Appendix E. Practice Exam 2
• Appendix F. Answer Key to Chapter-End Review Questions
• Glossary
• Index