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The Eighth Edition of this popular casebook retains the organization and coverage of its predecessors, but newly covers the tremendous changes that have occurred in the past three years in real estate finance and in the real estate industry. This edition discusses the reasons for the real estate market's collapse and describes the new regulatory structures that have been created in response. It also provides a complete update on how Article 9 of the U.C.C. has affected real estate finance and how the Internet is transforming the real estate industry.