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TEXAS REAL ESTATE BROKERAGE AND LAW OF AGENCY,9780324200201
Other versions by this Author

TEXAS REAL ESTATE BROKERAGE AND LAW OF AGENCY


Edition: 04
Author(s): Jacobus, Charles J.
ISBN10:  032420020X
ISBN13:  9780324200201
Format:  Paperback
Pub. Date:  3/10/2006
Publisher(s): South-Western Educational Pub

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SummaryTable of Contents
As in many states, Texas has seen a renewed focus on real estate agency. With this new focus comes an emphasis on key topics such as professionalism, the increased complexity of real estate transactions, litigation in real estate law and role perceptions by customers. This popular text addresses these issues through a straightforward, step-by-step approach that provides individuals with immediate reinforcement.
Agency Learning Objectives And Competencies
i
Introduction
3(6)
Purpose
3(1)
The History of Agency
4(2)
The New Emphasis on the Law of Agency
6(3)
Creation Of The Agency Relationship
9(24)
Purpose
9(1)
When and How
10(23)
Fiduciary Responsibility: General And Special Agency
33(8)
Purpose
33(1)
General Agency
34(1)
Special Agency
35(2)
Nonagency?
37(4)
Fiduciary Obligation---Duty Of Care To Principal
41(22)
Purpose
41(1)
Performance
42(2)
Reasonable Care
44(1)
Loyalty
45(7)
Accounting
52(1)
License Suspension and Revocations
53(6)
Duty of Care of the Cooperating Broker
59(1)
Compensation
60(3)
Obligations To Third Parties
63(38)
Purpose
63(1)
Duties
64(8)
Agents' Defenses from Third Party Misrepresentations
72(11)
Statutory Disclosure Items
83(18)
Deceptive Trade---Practices, Fraud, And Real Estate Recovery Fund
101(24)
Purpose
101(1)
Key Definitions from the DTPA---Applicable to Real Estate Brokers
102(1)
Causes of Action
103(1)
Other Important Provisions Under the Deceptive Trade Practices Act
104(2)
Brokerage Cases Interpreting the DTPA
106(4)
Defenses Under the DTPA
110(11)
Damages Under the DTPA
121(1)
Real Estate Fraud
122(1)
Real Estate Recovery Fund
123(2)
Termination Of The Agency Relationship
125(10)
Purpose
125(1)
Acts of Parties
126(6)
Termination by Operation of Law
132(3)
Practicing Law And Real Estate Brokerage
135(6)
Purpose
135(1)
Required Forms
136(2)
Lawyers as Real Estate Brokers
138(3)
Agency Disclosure/Buyer Agency, Single Agency, And Dual Agency
141(40)
Purpose
141(1)
Agency Disclosures
142(1)
Exclusive Buyer (Tenant) Agency
143(16)
Single Agency
159(14)
Dual Agency
173(8)
Intermediary Status And Alternatives
181(12)
Purpose
181(1)
The Appointment Process
182(4)
The Notification Form
186(1)
Difficult Questions
186(3)
Other Alternatives
189(4)
Frequently Asked Questions About Being An Intermediary And Disclosure Of Agency
193(121)
Federal Legislation Affecting Real Estate Brokers---Part I
205(20)
Purpose
205(1)
The Real Estate Settlement Procedures Act
206(5)
Securities and Exchange Commission
211(2)
Foreign Investment Real Property Tax Act (FIRPTA)
213(1)
Federal Truth-in-Lending
213(1)
Land Use Legislation
214(11)
Federal Legislation Affecting Real Estate Brokers---Part II
225(38)
Purpose
225(1)
The Internal Revenue Code
225(1)
Americans with Disabilities Act
225(6)
Fair Housing
231(23)
Condominium and Cooperative Abuse Relief Act
254(1)
Antitrust Laws Affecting Real Estate Brokers
254(9)
Federal Legislation Affecting Real Estate Brokers---Part III
263(12)
Purpose
263(1)
Federal Asset Forfeiture
263(7)
The Flood Disaster Protection Act of 1973
270(3)
Copyright Act
273(2)
Employment
275(39)
Purpose
275(1)
Listing Agreement
276(16)
Multiple Listing Service®
292(3)
Broker Compensation
295(8)
Filing the Lien
303(1)
The Lien Document
303(1)
Lien Priority
304(1)
Time for Filing the Lien
304(1)
Suit to Foreclose the Lien
305(1)
Release of Lien
305(1)
Broker Liability
305(1)
Procuring Cause
306(2)
Employees versus Independent Contractors
308(1)
The IRS Rules
309(2)
The Federal Common Law Approach
311(1)
Personal Assistants
312(1)
Wage and Hour Law
312(1)
Workman's Compensation Issues
313(1)
General Summary Of Employers Covered By Federal Laws That Would Have Potential Application To Real Estate Agents As Employers
314(11)
Agency Risk Control
317(8)
Purpose
317(1)
Avoidance
318(1)
Transfer
318(1)
Control
318(3)
Policies
321(1)
Arbitration and Mediation
321(2)
NAR® Code of Ethics---Broker Disputes
323(1)
NAR®---Seller and Buyer Disputes
323(2)
Suggestions For Safe Brokerage 325(2)
Table Of Cases 327(16)
Index Of Terminology 343(8)
Appendix A 351

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