This book is designed to provide the reader a dynamic and well-rounded overview of property management basics from a Texas Real Estate Commission licensee standpoint. The overview includes contract paraphrasing, ethics, agency relationships, property ownership, conveyance of property, encumbrances, documents involved in the practice of real estate, finance, appraisal, and closing. In addition, a law section devoted to Fair Housing Laws, Equal Credit Opportunity and Community Reinvestment Act is included; as specified in the Texas Real Estate License Act, Section 1101.003, as well as a sample of contracts.