This indispensable text has been updated to include a variety of new topics, case studies, legal trends, and expanded discussions. Contemporary topics such as limited liability companies, condominiums, the Fair Housing Act, predatory lending, subprime loans, green development, and many more are explored in great depth, ensuring that Real Estate Law continues to provide the most up-to-date and comprehensive coverage possible.

Table of Contents

Part I: Nature of Real Estate Law
Chapter 1: Introduction to Law and Legal Systems
Chapter 2: Real and Personal Property
Chapter 3: Land, Water, and Air Rights

Part II: Legal Interests in Real Estate
Chapter 4: Estates in Land
Chapter 5: Co-Ownership
Chapter 6: Condominiums, Cooperatives, Time-Shares, and Real Estate Investments
Chapter 7: The Leasehold
Chapter 8: The Landlord-Tenant Relationship
Chapter 9: Easements and Other Nonpossessory Rights

Part III: Purchase Agreements
Chapter 10: Basic Contract Law
Chapter 11: Real Estate Purchase Contract
Chapter 12: Agency and Brokerage
Chapter 13: Fraud and Misrepresentation

Part IV: Closing the Transaction
Chapter 14: Escrow Closing
Chapter 15: Involuntary Liens Against Title
Chapter 16: Deeds
Chapter 17: Land Descriptions
Chapter 18: Involuntary Transfers
Chapter 19: Recording and Assurance of Title
Chapter 20: Closing the Real Estate Transaction

Part V: Financing the Transaction
Chapter 21: Mortgages
Chapter 22: Land Installment Contracts

Part VI: Government Regulation
Chapter 23: Fair Housing Laws
Chapter 24: Land Use: The Constitution and the Plan
Chapter 25: Regulation of Land Development
Chapter 26: Environmental Law