This note covers the following topics:
Property Ownership, Tenancy in Common, Joint Tenancy, Death Intestate—Without a
Will, Testate Distribution, The Probate Process, Considerations in Holding or
Disposing of Property, Installment Sales, Private Annuities, Gifts During Life:
The Federal Gift Tax, Valuing Property for Federal Estate Tax, The Gross Estate,
Planning to Save Federal Estate Tax, Federal Estate Tax Planning
Strategies, Estate Settlement Costs, Liquidity Planning, Tools for Estate
Planning: Trusts, Implementing the Estate Plan.
This
note covers the following topics: Driving Forces of Real Estate Markets, Central
Cities and Regional Market Analysis, Urban Land Values and Urban Form,
Residential Property Analysis, Real Estate Property Rights, Contracts, Deeds,
and Leases, Land Use Controls, Real Estate Valuation Theory, Cash Flow Analysis,
Residential Real Estate Finance, Commercial Real Estate Finance, Brokerage and
Leasing, Real Estate Development.
This course note
introduces and surveys a selection of cutting-edge topics in the field of real
estate finance and investments. It follows an informal seminar format to the
maximum degree possible, with students expected to take considerable initiative.