This text meets the first 45-hour requirement and is filled with the latest California-specific information, in addition to special features and real-life examples. CONTENTS: The Business of Real Estate The Nature of Real Property Ownership of Real Property Transferring Real Estate Encumbrances The Law of Agency Contracts Financing Real Estate Government-Sponsored and Other Financing Escrow and Title Insurance Real Estate Taxation Landlord and Tenant Real Estate Appraising Residential Design and Construction Government Control of Land Use Appendix A: Math Appendix B: Internet Resources Glossary Answer Key Index