Performance Programs Company’s Principles of Real Estate Practice in Michigan contains the essentials of the national and Michigan real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Michigan 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 Michigan 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
Risk Management
Property Management
Real Estate Mathematics
Michigan Licensing Regulation
Rules Governing Licensees
Contractual Relationships
Housing Regulations
Property-Related Disclosures
Other Points of Law and Practice
Glossary of General Real Estate Terms
Index
For students looking for a Michigan exam prep book, we also publish Michigan Real Estate License Exam Prep: All-in-One Review and Testing to Pass Michigan’s PSI Real Estate Exam.
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Stephen Mettling and David Cusic have operated one of the nation’s most successful custom training organizations specializing in real estate program development. They are perhaps best known for writing Principles of Real Estate Practice, a national real estate principles textbook used by over 50, 000 students per year. Stephen Mettling has been a real estate educator and custom training program developer specializing in real estate over the past forty years. During that time he has written or co-developed over 100 books, professional training programs and texts covering all aspects of residential, commercial, and corporate real estate for national trade organizations and real estate companies. Additionally Steve has directed numerous statewide real estate schools and served as vice president of Dearborn Financial Services where he headed up the country’s largest real estate, securities and insurance license training network.Dr. Cusic, an author and educator, has been engaged in vocation-oriented education since 1966. David earned his Ph.D in linguistics from Stanford University. Specializing in real estate training since 1978, he has developed numerous real estate training programs for corporate and institutional clients around the country including NAR, Core Net Global, and the CCIM Institute.
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