Business > TEST BANKS > Real Estate Law 12th Edition By Marianne Jennings All Chapters 1_22 SOLUTIONS MANUAL (All)
Instructor Manual Marianne M. Jennings, Real Estate Law, 12th Edition 2022, 9780357518649; Chapter 1-22 Chapter 1: Introduction and Sources of Real Estate Law Table of Contents Chapter Obj... ectives ......................................................................................................................................................... 2 Key Terms ........................................................................................................................................................................... 2 What's New in This Chapter ........................................................................................................................................ 3 Chapter Outline ............................................................................................................................................................... 4 Additional Activities and Assignments.................................................................................................................... 9 Answers to Case Questions ....................................................................................................................... 9 Addititional Case Information.................................................................................................................. 10 Answer to Consider (1.1) ......................................................................................................................... 11 Answer to Ethical Issue (1.1) ................................................................................................................... 11 Justification for Studying Real Estate Law: Some Cautions and Conclusions ........................................... 12 Answer to Consider (1.2) ......................................................................................................................... 12 Answers to Chapter Problems ................................................................................................................. 13 In-Class Exercises ..................................................................................................................................... 14 Resources ................................................................................................................................................ 15 Chapter Objectives Instructor Manual: Chapter 1: Introduction and Sources of Real Estate Law The following learning outcomes are addressed in this chapter (see PowerPoint Slide 1-1): 01.01 01.02 01.03 List the sources of real estate law, the topics covered in each source, and where to find the sources. Discuss the concepts of legal reasoning, interpretation of statutes, and stare decisis. Describe the costly significance of knowing and understanding real estate law. [return to top] Key Terms American Recovery and Reinvestment Act of 2009 (ARRA): federal law that provided funding for infrastructure and had the goal of economic recovery case precedent: doctrine of stare decisis; examining prior decisions to reach decisions in present cases citation: legal shorthand referring to cases, statutes, regulations, and ordinances cite: see citation Code of Federal Regulations (CFR): compilation of regulations of federal agencies common law: uncodified law found in cases or in the history of real property Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA): The Superfund; a program for private payment by polluting industries for cleanup of toxic waste Consumer Financial Protection Bureau (CFPB): created under the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFCPA); it will now assume that enforcement role eminent domain: process of governmental entity‘s taking title to private property for public purposes Equal Protection Clause: part of the Fifth and Fourteenth Amendments to the Constitution; requires that laws apply equally to all Fifth Amendment: provision in United States Constitution that provides guarantee of due process Fourteenth Amendment: application of due process rights to the states (including the Equal Protection Clause), which requires uniform application of laws and nondiscrimination; applied in cases in which land conveyances attempt to include racial restrictions [Show More]
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