California Real Estate Practice, 4.1 Edition

Written with students and instructors in mind by authors with nearly a century of real estate experience between them, this text is sure to impart everything one needs to know for building a successful career in real estate, while preparing them for the Real Estate Practice section of the California real estate license exam. This edition has been updated to discuss all current statutes, codes, and California Association of REALTORS® forms and contracts as well as changes in terminology and technology relating to the field. Many subjects have been expanded and modernized to reflect recent changes in California Real Estate.

Features:
• Every chapter is enriched with student learning outcomes, chapter summaries, important terms, class discussion topics, and refined Reviewing Your Understanding Questions.
• The latest forms and contracts available through the California Association of REALTORS® have been included and explained in detail. Forms of more than two pages have been placed in chapter appendices to reduce disruption to the reader.
• Agency disclosure regulations have continued to change, and this new edition reflects those changing disclosure requirements.
• Sections of content discussing buyer representation have been reorganized, so all critical information related to that topic now appears in a single chapter: Chapter 6, Working with Buyers.
• Explanation is provided of the new proposition 19, passed in 2019, which made significant changes to Propositions 58. 60, and 90 dealing with the parent-child reassessment transfer and replacement of a primary residence.
• An updated internal design.