Reality of Real Estate (3rd Edition)
This step-by-step assessment of the reality of how real estate is bought and sold today, explains how buyers and sellers transact, how third parties (such as real estate agents, title clerks, closing officers, bankers and lawyers) play a crucial role in bringing about closure on a proposed and agreed purchase agreement. Readers will gain a solid understanding of real estate from both a theoretical and practical perspective—from the abstract concepts that define real estate to the mechanics of realty, its buying and selling, financing and conditions, usage and restrictions. The book is heavily illustrated with sample forms, agreements, checklists, etc. throughout. A convenient 3-ring binder format enables readers to easily augment the book with state-specific forms.  The Reality of Real Estate. The Real Estate Transaction: Listings, Disclosure, and Agency. Agreements of Sale. Conditions, Contingencies, and Other Qualifications. Title Abstraction. The Nature of a Deed. Mortgages. Foreclosure. Closing and Settlement. Leases in the Real Estate Transaction. Resolution of Real Estate Disputes.  For paralegals.--This text refers to an out of print or unavailable edition of this title.