Show Notes
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Dearborn Modern Real Estate Practice, 21st Edition is a professional pre licensing textbook in the real estate education genre. Written by Fillmore W. Galaty with co authors Wellington J. Allaway, Robert C. Kyle, and Martha R. Williams as contributing editor, it is designed to introduce the core knowledge needed for real estate licensing and day to day practice. The book presents a structured survey of real estate principles, property law, brokerage, agency, contracts, financing, appraisal, leasing, property management, taxes, development, environmental concerns, and real estate mathematics. Its purpose is both instructional and practical: it helps readers understand how legal rules and market practices shape real estate transactions, while also preparing them for licensing exams through quizzes, practice exams, and question bank resources. Because it is updated to reflect current legislation and market information, the book functions as a standard reference for learners who need both foundational theory and exam oriented review.