Principles of Real Estate Practice in Illinois: 2nd 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