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Real Estate Transactions System
  • AK0078
  • 978-1-57862-299-3

824+ pp.; 7th ed., 2017

Can you close real estate deals efficiently?

Real Estate Transactions provides a system for collecting and organizing client information so that real estate dealings can be completed with efficiency. The system uses a Master Information List (MIL) that divides a real estate transaction into a seven-step process, and tracks each step to ensure effectiveness. The book is designed to be used in conjunction with the standard real estate forms currently in use in Wisconsin, and provides numerous sample clauses for contingencies, warranties and representations, and other provisions.

Stay on track with the System

To further help things move along smoothly, the System book contains many worksheets, checklists, and sample forms to help you keep real estate information organized. And each item of information is assigned an MIL number as it is gathered, so you have effective control of the process. To guide you, each step is accompanied by narrative descriptions of the tasks associated with that step.

Handle any type of real estate deal

The System book is your one source for complete information on the spectrum of residential real estate transactions, including:

  • Residential and commercial structures
  • Vacant land
  • Condominiums
  • Land contracts
  • Options to purchase

In addition, you’ll be ready to handle some of the more esoteric areas of real property law, such as marital property and environmental concerns.

Topics include:

  1. Basic Residential Real Estate Transaction
  2. Condominium Units
  3. Vacant Land
  4. Unimproved Development Property
  5. Improved Commercial Property
  6. Land Contract Financing
  7. Option to Purchase
  8. Marital Property Considerations
  9. Environmental Considerations

New 7th edition

The new 7th edition of Real Estate Transactions System incorporates helpful new tools and key legal developments such as:

  • A Wisconsin Court of Appeals decision about falsely induced “as-is” clauses and liability under the deceptive trade practices statute
  • Discussion of continued litigation over the EPA’s Clean Water Rule
  • A U.S. Supreme Court holding on appeals of U.S. Army Corps of Engineers jurisdictional determinations
  • A legal opinion from the Wisconsin Attorney General regarding the DNR’s authority to regulate high capacity wells
  • The following new and revised forms:
    • WB-1, Residential Listing Contract—Exclusive Right to Sell
    • WB-42, Amendment to Listing Contract
    • WRA-BDCL, Disclosure to Clients
  • Instructions for making other listing contract forms comply with the new statutory disclosure language

Be more confident

Join the hundreds of attorneys, paralegals, and brokers who rely on Real Estate Transactions System for a proven way to streamline your office procedures.

Order your copy today!


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