Principles of Real Estate Practice in Florida: 3rd Edition
Mettling, Stephen;;;Cusic, David;Somers, Jane;Mettling, Ryan
Synopsis "Principles of Real Estate Practice in Florida: 3rd Edition"
Performance Programs Company's Principles of Real Estate Practice in Florida, 3rd Edition contains the essentials of Florida real estate law, principles, and practices necessary for basic competence as a real estate professional and as mandated by Florida license law and the FREC I course syllabus. It is the course textbook for the 63-hour Florida sales associate prelicense course. 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. New in the 3rd Edition. Fully updated for recent changes to Florida law and industry practice, including written buyer broker agreements and compensation practices following the 2024 NAR settlement; mandatory residential flood disclosure; restrictions on foreign ownership of real property; condominium and cooperative milestone inspections and structural integrity reserve studies; expedited removal of unauthorized occupants; and current federal tax limits affecting homeowners and investors. The text is tailored to the needs of the prelicense 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 Florida is streamlined, direct and to-the-point. It includes multiple learning reinforcements: 430 section quiz questions with answer keys and page references, a 110-question practice examination, section snapshot reviews, a glossary of general real estate terms, and an appendix of testable dates to remember. It has a student-oriented organization, both within each section and from section to section. Its examples and exercises are grounded in the authors' many years in real estate education. Instructor materials include unit PowerPoint presentations, a timed outline, learning objectives, quiz and final examination question databases, and two FREC I course final examinations, that are available to adopting schools. Table of Contents The Real Estate Business Real Estate License Law and Qualifications for Licensure Real Estate License Law and Commission Rules Authorized Relationships, Duties, and Disclosure Real Estate Brokerage Activities and Procedures Violations of License Law, Penalties, and Procedures Federal and State Laws Pertaining to Real Estate Property Rights: Estates & Tenancies; Condos, Coops, CDDs, HOAs, and Time-Sharing Title, Deeds and Ownership Restrictions Legal Descriptions Real Estate Contracts Residential Mortgages Types of Mortgages and Sources of Financing Real Estate-Related Computations and Closing of Transactions Real Estate Markets and Analysis Real Estate Appraisal Real Estate Investments and Business Opportunity Brokerage Taxes Affecting Real Estate Planning, Zoning and Environmental Hazards Real Estate Mathematics For Florida students looking for a Florida-specific exam prep book, Florida Real Estate License Exam Prep is now available.
