The Eleventh Edition (UPDATE) of "Modern Real Estate Practice in Texas is the most comprehensive and current Texas real estate textbook available. Along with an all new chapter on control of land use, you will find many special features including: * In Practice and For Example paragraphs to apply theory to practice. * Margin Notes to direct attention to important vocabulary terms. * Math Concepts at relevant points within the chapter. * Website Addresses to expedite additional research. * Exam Prep notes and a sample salesperson license exam. Complete coverage of the new, 2003 Texas real estate laws! The changes in real estate law, effective on September 1, 2003, have been incorporated into this new edition. Teach and learn with confidence, knowing that your text's facts are up to date! This book also includes the new forms! With changes in law also come changes in forms. This book has incorporated all of the new "Texas Real Estate Commission forms. So when students practice on these forms, they know they are preparing for a smooth transition into a real estate career. New PowerPoint Slides! As technology becomes more sophisticated, so do the teaching tools associated with "Modern Real Estate Practice in Texas. These slides will make teaching a snap, whether they're used as a reference or used when teaching the class! For Example/In Practice Sections! Whether teaching or preparing to get your license, nothing takes you "into the field" better than these. They're certain to help students with real life real estate once they get their license, and they also make great teaching tools.

This book is a pragmatic and creative approach to legal and asset protection issues faced by investors in Texas real estate, particularly investors in residential and smaller commercial properties. It is not intended to be a textbook or comprehensive academic treatise. Rather, it contains practical perspectives and techniques developed over the years in the course of advising and representing investors. Since there are usually as many opinions as there are lawyers in a room, it should be no surprise if other lawyers disagree with at least some of my conclusions. In response, I would point out that there is nothing theoretical in this book. Every strategy I describe has been tried and has succeeded in the real world. Having said that, every reader should consult his or her attorney prior to implementing any of my suggestions in order to insure compatibility with individual circumstances. Business plans vary and so do investments and asset protection strategies. This book does not offer legal guidance to any particular person with regard to any particular case. Note also that the law changes and evolves, often rapidly. While cases and statutes are cited in this book, the reader should do independent research to ascertain the current status of the law before relying on any of these citations. If you are a real estate investor who owns (or aspires to own) 10, 20, or 50 or more properties, then you should consider reading this book. If you use creative methods such as wraparounds and "subject to" transactions then you may find this volume very useful indeed. However, if your goal is to assemble an international consortium to purchase Rockefeller Center or Trump Tower, then this is probably not the volume for you. All real estate investors should form the habit of doing thorough due diligence prior to investing in real estate. This includes consulting attorneys, accountants, insurance advisors, and other qualified professionals on overall methods and goals as well as specific transactions. Every investor should have a team of seasoned professionals available to answer questions, offer input, and provide customized services. A professional investor will also acquire a basic level of competence in searching and obtaining information and copies from real property and appraisal district records. On the subject of transactional documentation, I urge readers to avoid most standard forms, especially those obtained from the Internet, except for contracts and addenda promulgated by the Texas Real Estate Commission and the Texas Association of Realtors. Consider all others suspect. Lastly, it has been my experience that good ethics make for good business. Avoid any transaction that even hints of fraud or deception. If it appears too good to be true it probably is. I welcome comments and criticism. I can most easily be reached by email at LoneStarLandLaw@aol.com. David J. Willis David J. Willis 30 years’ experience in Texas transactions and litigation Board Certified – Residential Real Estate Law, TBLS Board Certified – Commercial Real Estate Law, TBLS AV rated for ethical standards and professional ability Two law degrees (J.D. and LL.M.) Former adjunct law professor Licensed Texas real estate broker Listed as one of Texas' Top-Rated Lawyers by Law.com Keywords: Real Estate Law, Texas Asset Protection, Texas Real Estate, Investors, LLC Formation, Texas, Nevada, Lawyer, Willis, Legal

Features of Texas Real Estate License Exam Prep (TX-RELEP): - National Principles & Law Key Point Review (60 pages) - Real Estate Math Key Formula Review & Practice (17 pages) - Texas-Specific Laws and Practices (43 pages) - National Practice Tests (500 questions) - Texas Practice Tests (125 questions) - Texas Sample Exam (100 questions) We know the real estate licensing exam can be tough, and very nerve-wracking to prepare for. That’s why we created the Texas Real Estate License Exam Prep (TX-RELEP) the way we did. Since we have been managing real estate schools and developing curriculum for forty years, we know how all this works – or fails to work. TX-RELEP is comprehensive in that it contains both key content review and testing practice. And the text review is Texas-specific – not just simplistic national content, but terse, relevant and accurate Texas laws and regulations presented as a well-organized set of state ‘key point reviews’ ideal for pre-test memorization. But let’s not dismiss the importance of the national content either. TX-RELEP’s national key point reviews are a succinct compression of tested national principles and practices that comprise the national portion of state license exams from coast to coast. Our content is drawn from our own national textbook, Principles of Real Estate Practice – one of the most widely used principles textbooks in the country. Finally, our national content, as well as our question selection, is further tailored to the state testing outline promulgated by Pearson Vue for Texas. Thus the breadth and depth of the law reviews and test questions reflect the topic emphasis of your state’s testing service and your Texas license exam. A word about the test questions… TX-RELEP’s testing practice section consists of ten national practice tests, six state practice tests, and one state exam sample test. The practice tests are roughly 50 questions in length and the sample test is 100 questions. The test questions are designed to cover the content covered by the law reviews – which reinforces your learning of the total body of information tested by your Texas exam. The questions are direct, to the point, and designed to test your understanding. When you have completed a given test, you can check your answers against the answer key in the appendix. You may also note that each question’s answer is accompanied by a brief explanation, or “rationale” to further reinforce your understanding. In the end, as you know, it’s all up to you. Unlike other publications, we are not going to tell you that using this book will guarantee that you pass your state exam. It still takes hard work and study to pass. But we have done our best here to get you ready. Following that, the most we can do is wish you the best of success in taking and passing your Texas real estate exam. So good luck!! For Texas students looking for a Principles I & II prelicense textbook, Principles of Real Estate Practice in Texas is now available

Unlike existing textbooks written for law students on specific subjects impacting real estate transactions, Real Estate Law: Fundamentals for The Development Process uses "The Development Process" as a framework for understanding how the U.S. legal system regulates, facilitates, and generally impacts real estate transactions and their outcomes. This book not only addresses the nature of specific legal issues directly relating to real estate transactions but also how those issues may best be identified and addressed in advance. This book breaks down the myriad of laws influencing the selection, acquisition, development, financing, ownership, and management of real estate, and presents them in context. Readers of Real Estate Law will gain a practical understanding, from the perspective of a real property developer or real estate executive, investor, or lender, of: how to identify potential legal issues before they arise; when to involve a real estate attorney; how to select an attorney with the appropriate, relevant experience; and how to efficiently and economically engage and manage legal counsel in addressing real estate issues. Written as a graduate-level text book, Real Estate Law comes with numerous useful features including a glossary of terms, chapter summaries, discussion questions, further reading, and a companion website with instructor resources. It is a resource of great value to real estate and finance professionals, both with and without law degrees, engaged in one aspect or another of real estate development and finance, who want to become more conversant in the legal issues impacting these transactions.

Reprint of the original, first published in 1872. The publishing house Anatiposi publishes historical books as reprints. Due to their age, these books may have missing pages or inferior quality. Our aim is to preserve these books and make them available to the public so that they do not get lost.