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

824+ pp.; 7th ed., 2017

(includes 2018-2019 supplement)

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 supplement keeps you current

The 2018–2019 supplement includes a number of changes such as:

  • New and revised forms:  WB-4, Residential Condominium Listing Contract; WB-3, Vacant Land Listing Contact; WB-5, Commercial Listing Contract—Exclusive Right to Sell; and WB-6, Business Listing Contract—Exclusive Right to Sell
  • The analyses for forms WB-3, WB-4, and WB-36 (buyer agency agreement) have been revised
  • In 2018, the Wisconsin Supreme Court issued an opinion concerning vested rights in particular uses of land
  • The Residential Real Estate Condition Report has been amended, based on repeal and re-creation of Wis. Stat. § 709.03
  • Information regarding the repealed Wisconsin Rental Weatherization Program, formerly codified at Wis. Stat. § 101.122 has been revised or deleted to reflect elimination of the program

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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