Publisher's Synopsis
A flexible, introductory real estate text designed for advanced undergraduates taking real estate courses. Changes in this edition include added material on leases, new end-of-chapter questions and a reduction in the number of photos and elimination of cartoons. It covers all the basic real estate concepts and utilizes a real estate environment model to help students organize and understand basic principles. Written in a clear and informal style, the text includes an integrative case - Blackacres Farm - to illustrate and apply the fundamentals of real estate.
