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About the Book

Modern Real Estate Finance and Land Transfer

Front Cover - Modern Real Estate Finance and Land Transfer

Fifth Edition

Steven W. Bender, Seattle University
Celeste M. Hammond, John Marshall Law School
Michael T. Madison, Emeritus, Fordham University
Robert M. Zinman, St. John’s University

2012.  1,008 pages.  ISBN: 978-1-4548-1357-6.

With Teacher’s Manual.

About the Book

Modern Real Estate Finance and Land Transfer—sophisticated, yet teachable—explains the increasingly complex legal, business, and tax issues surrounding real estate transactions with discussion relevant to both commercial and residential situations. Through a transactional and interdisciplinary approach, students learn the general rules of law, their underlying rationale or policy, and how (or whether) a rule can be superseded by the mutual consent. Real-world examples help foster practical skills required of attorneys in real estate firms, and the text is appropriate for both the basic Real Estate course and advanced seminar. Topical and chronological organization features coverage of both Real Estate and Real Estate Finance and follows the lending cycle in modern financing. Questions and planning problems help students examine issues in the context of relevant transactions and documents. The authors are scholar-practitioners who skillfully the mix practical skills and theory students will need in today’s competitive legal markets.

The Fifth Edition has been thoroughly updated to reflect changes in the law since 2008, including case law and statutory responses to the mortgage crisis in residential real estate; foreclosure defense strategies; policy implications of the mortgage crisis, including the role of lawyers; the expanded role of ADR in real estate transactions; and securitization in light of the mortgage crisis. The helpful Teacher’s Manual has been revised as well. 

Hallmark features of Modern Real Estate Finance and Land Transfer:

  • sophisticated, yet teachable—thoroughly explains complex legal, business, and tax issues in real estate transactions
  • transactional, interdisciplinary approach
  • teaches the general rules of law
  • shows underlying rationale or policy
  • explores how (or whether) a rule can be superseded by mutual consent 
  • real-world examples and accessible explanations
  • topical and chronological organization
  • coverage of both Real Estate and Real Estate Finance
  • follows lending cycle in modern real estate financing
  • appropriate for both basic Real Estate course and advanced seminar
  • relevant Questions and planning problems
  • written by scholar-practitioners who blend practical skills with theory
  • suited to both commercial and residential real estate transactions
Thoroughly updated, the revised Fifth Edition presents changes in the law since 2008: 

  • case law and statutory responses to the mortgage crisis in residential real estate
  • foreclosure defense strategies
  • policy implications of the mortgage crisis, including the role of lawyers
  • the expanded role of ADR in real estate transactions
  • securitization in light of the mortgage crisis
  • accompanied by  and updated Teacher’s Manual