The textbook examines why people by real estate, along with the listing and purchase agreements commonly seen by real estate agents who are brokering real estate in California.  Disclosures are an important part of the real estate transaction, and may include the Real Estate Transfer Disclosure Statement, Agency Disclosure, and other essential disclosures required by California real estate law.  The book investigates risk management techniques to help real estate agents perform tasks correctly to reduce liability and potential litigation.  Financing, closing costs, escrow, title insurance, and taxation require in-depth technical knowledge to help the real estate agent to successfully represent clients in the marketplace.  Along with technical knowledge, real estate agents must be able to prospect for new clients through active and passive prospective methods.  Accordingly, real estate agents must understand the product they are selling.  So, the book looks at single-family, multi-unit residential, and commercial leased investment properties.  Lastly, agency, ethics, trust fund handling, and fair housing is covered to keep real estate agents up-to-date in these important subject-matter areas.