The North Carolina Real Estate Licensing Board is pleased to announce publication by Prentice-Hall, Inc. of the revised 2nd edition of its highly acclaimed text and reference book, NORTH CAROLINA REAL ESTATE FOR BROKERS AND SALESMEN. The original edition, which was written for the Licensing Board by Dr. James A. Webster, Jr. (now deceased) of the Wake Forest University School of Law and published in 1974, has been completely revised by Patrick K. Hetrick of the Campbell University School of Law
Mr. Hetrick has ably performed the difficult task of thoroughly revising, reorganizing, and updating this authoritative book to improve its usefulness as both a textbook for real estate prelicensing courses and a comprehensive reference book for real estate licensees. He has achieved the Board's goal of producing a more useful and practical revised edition with broader coverage while retaining the scholarly character of Dr. Webster's outstanding original work.
Also contributing greatly to the 2nd edition were John M. McCracken and Dale A. Swift, practicing brokers and appraisers in Greensboro, who jointly rewrote the chapter on "Real Property Valuation", Robert 0. Loftis, Jr. of Campbell University School of Law, who wrote the new chapter on "Federal Income Taxation of Real Estate", and Larry A. Outlaw, Licensing Board Education Director, who edited the entire book and supervised the revision process.
Highlights of the 2nd Edition
Added coverage of new financing practices, landlord-tenant laws, consumer protection legislation, timesharing, taxation, and other topics.
Expanded coverage of all topics, especially financing, property valuation, agency law, title assurance, closing, real estate contracts, and land use controls.
Completely new format which parallels the Licensing Board's "Fundamentals or Real Estate" prelicensing course outlines and greatly enhances the readability and usefulness of the book.
Extensive use of graphics, boldface type and italics to emphasize key points and terms.
Numerous sample forms, examples and tables for illustrative purposes.
Expanded and revised glossary featuring over 130 new entries and cross-references to related entries.
The Licensing Board thinks you will find the revised 2nd edition of NORTH CAROLINA REAL ESTATE FOR BROKERS AND SALESMEN to be an essential and valuable reference book. All North Carolina real estate licensees are urged to obtain a copy of this book.