Concise and efficient, Real Estate Transactions: Problems, Cases, and Materials can be taught from cover to cover in a 3-credit hour course. Clear explanations combine with straightforward examples in an integrated approach to explaining market and ethical constraints for the transactional real estate lawyer. Detailed text explains basic elements and market factors involved in each area of law. Cases are carefully chosen to illustrate key points of commercial and residential real estate and the way in which problems arise in practice. Ethical and professional responsibility issues are highlighted, helping students to see professional ethics in a real-world context. Excellent problems increase in difficulty with each section. Instructors have access to an extensive Teacher s Manual, with a set of problems and answers to casebook problems as well as transactional documents with samples of contracts, mortgages, leases, and title insurance policies.
The heavily revised Fourth Edition introduces new text and problems dealing with the collapse of the U.S. housing bubble, toxic mortgages, and other issues concerning lending standards and the securitization of mortgage loans. New discussion of the residential foreclosure crisis includes reforms such as the regulation of foreclosure rescue firms and issues concerning short sales and the role of MERS. New problems focus on emerging issues, and new and updated cases appear throughout the book.
Features:
Thoroughly updated, the revised Fourth Edition presents:
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Professors Malloy and Smith offer a unique teaching tool that uses problems, cases, text, statutes, forms, and documents to illustrate both the principles and the process of real estate transactions. The book gives students a solid grounding in actual applications by emphasizing what motivates each party and explaining the practical economics of the transactions.Real Estate Transactions": Problems, Cases, and Materials integrates basic legal principles governing real estate transactions with: -- lawyers' skills-- ethics and policy-- market considerationsThe book features uniform chapter organization: -- First, textual discussion, diagrams, and other information introduce a topic and provide essential background-- Then, cases, statutes, and other excerpts address legal concepts and real-world problems-- Finally, problems containing hypotheticals based on real transactions help students integrate and apply the materialThe wide variety of problems offer both long and short hypotheticals, as well as varying levels of difficulty.
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