"Designed to keep pace with the ever-growing complexity of real estate practice, Texas Forms Real Estate provides a comprehensive and reliable set of customizable forms to handle clients' commercial and residential real estate needs. This book covers a wide range of transactions - including sales and conveyances, leases, financing, mechanic's liens, property owners' associations, and foreclosure - and offers guidance to practitioners through in-depth commentaries and practice notes outlining important legal concepts and proper use of the forms." - from the publisher.
This book is a pragmatic and creative approach to legal and asset protection issues faced by investors in Texas real estate, particularly investors in residential and smaller commercial properties. It is not intended to be a textbook or comprehensive academic treatise. Rather, it contains practical perspectives and techniques developed over the years in the course of advising and representing investors. Since there are usually as many opinions as there are lawyers in a room, it should be no surprise if other lawyers disagree with at least some of my conclusions. In response, I would point out that there is nothing theoretical in this book. Every strategy I describe has been tried and has succeeded in the real world. Having said that, every reader should consult his or her attorney prior to implementing any of my suggestions in order to insure compatibility with individual circumstances. Business plans vary and so do investments and asset protection strategies. This book does not offer legal guidance to any particular person with regard to any particular case. Note also that the law changes and evolves, often rapidly. While cases and statutes are cited in this book, the reader should do independent research to ascertain the current status of the law before relying on any of these citations. If you are a real estate investor who owns (or aspires to own) 10, 20, or 50 or more properties, then you should consider reading this book. If you use creative methods such as wraparounds and "subject to" transactions then you may find this volume very useful indeed. However, if your goal is to assemble an international consortium to purchase Rockefeller Center or Trump Tower, then this is probably not the volume for you. All real estate investors should form the habit of doing thorough due diligence prior to investing in real estate. This includes consulting attorneys, accountants, insurance advisors, and other qualified professionals on overall methods and goals as well as specific transactions. Every investor should have a team of seasoned professionals available to answer questions, offer input, and provide customized services. A professional investor will also acquire a basic level of competence in searching and obtaining information and copies from real property and appraisal district records. On the subject of transactional documentation, I urge readers to avoid most standard forms, especially those obtained from the Internet, except for contracts and addenda promulgated by the Texas Real Estate Commission and the Texas Association of Realtors. Consider all others suspect. Lastly, it has been my experience that good ethics make for good business. Avoid any transaction that even hints of fraud or deception. If it appears too good to be true it probably is. I welcome comments and criticism. I can most easily be reached by email at [email protected]. David J. Willis David J. Willis 30 years’ experience in Texas transactions and litigation Board Certified – Residential Real Estate Law, TBLS Board Certified – Commercial Real Estate Law, TBLS AV rated for ethical standards and professional ability Two law degrees (J.D. and LL.M.) Former adjunct law professor Licensed Texas real estate broker Listed as one of Texas' Top-Rated Lawyers by Law.com Keywords: Real Estate Law, Texas Asset Protection, Texas Real Estate, Investors, LLC Formation, Texas, Nevada, Lawyer, Willis, Legal
The Eleventh Edition (UPDATE) of "Modern Real Estate Practice in Texas is the most comprehensive and current Texas real estate textbook available. Along with an all new chapter on control of land use, you will find many special features including: * In Practice and For Example paragraphs to apply theory to practice. * Margin Notes to direct attention to important vocabulary terms. * Math Concepts at relevant points within the chapter. * Website Addresses to expedite additional research. * Exam Prep notes and a sample salesperson license exam. Complete coverage of the new, 2003 Texas real estate laws! The changes in real estate law, effective on September 1, 2003, have been incorporated into this new edition. Teach and learn with confidence, knowing that your text's facts are up to date! This book also includes the new forms! With changes in law also come changes in forms. This book has incorporated all of the new "Texas Real Estate Commission forms. So when students practice on these forms, they know they are preparing for a smooth transition into a real estate career. New PowerPoint Slides! As technology becomes more sophisticated, so do the teaching tools associated with "Modern Real Estate Practice in Texas. These slides will make teaching a snap, whether they're used as a reference or used when teaching the class! For Example/In Practice Sections! Whether teaching or preparing to get your license, nothing takes you "into the field" better than these. They're certain to help students with real life real estate once they get their license, and they also make great teaching tools.
This Texas continuing education title explores diversity, TREC forms, and conflict resolution. "MCE for Texas Real Estate Professionals will help agents stay on top of the real estate industry. Highlights are: * 15 complete lessons can be combined in various hours to create custome designed MCE courses. * Classroom tested material provides content that meets the state's continuing education requirements.
This new edition reflects a number of changes, including Texas Homestead Law, manufactured housing and reversed mortgages, business organizations, revision of UCC forms, updates on the Texas Real Estate License Act, Uniform Electronic Transactions Act, revisions of deed forms, changes in Notary Public legislation, changes in mortgage forms, Texas Residential Construction Commission, and changes in property owners association foreclosure procedures.
