New and Updated in the Library – January 2016

The following Field Guides have recently been updated in the Library:


The state of foreclosures in the U.S has improved significantly and for those seeking bargains, the hunt is decidedly more challenging. This Field Guide provides resources and links for avoiding foreclosure, tips for investing in foreclosures and resources to learn more about this area of real estate.

Ground Leases

A land lease isn’t a standard home purchase—there are some pros and cons you need to weigh before signing on the dotted line. Topics covered in this updated field guide include 100% financing, subordinated vs. unsubordinated ground leases, key provisions of a financeable ground lease, use of ground leases with student housing projects and airports, and provision considerations in leasehold valuation.

Green Property Management

Green leases (also known as aligned leases, high performance leases, or energy efficient leases) align the financial and energy incentives of building owners and tenants so they can work together to save money, conserve resources, and ensure the efficient operation of buildings. Energy and environmental performance are emerging as key benchmarks in how commercial real estate buildings are judged and priced in today’s market. According to a recent survey, 88% of corporate and developer respondents expect to own, manage or lease some green properties five years from now. This field guide introduces the importance and value of environmental sound practices in property management as well as giving some ideas on trends, certification programs, and other resources for the green property manager.

Association Budgets & Reserves

Creating and maintaining a successful association budget doesn’t have to be a headache. Take the pain out of budgeting with these tools available through NAR’s library at Information Services.

Short-Term Rental Restrictions

According to the 2015 NAR Investment and Vacation Home Buyers Survey, most respondents purchased a vacation property for personal use, but, of investment buyers, 50% purchased with the intent of renting to others. Renting out a vacation home can offset the costs of this investment until retirement. But what happens when a community acts to restrict short-term rentals? Read on… and you’ll find out.

Appraisal of Real Estate Offices & Selling Your Book of Business

Whether you own a real estate firm or are thinking of buying or selling one, it’s important to know what the business is worth. The following articles and studies can provide some insight into determining the value of a real estate firm and its assets.

Mortgage Interest Deduction

Introduced along with the Income Tax in 1913, the Mortgage Interest Deduction (MID) allows homeowners who itemize their taxes to deduct mortgage interest attributable to primary residence and second-home debt totaling $1 million, and interest paid on home equity debt up to $100,000. Though the MID is a popular tax deduction for millions of U.S. homeowners, it has become a controversial topic in recent years. This field guide highlights basics, perceived pros and cons, IRS rules, and more to get you up-to-speed on this widely-debated tax deduction.

Opening a Real Estate Brokerage

Thinking about opening your own real estate business? Find out if you are ready to be a boss, tips on writing a business plan and much more.

Preparing & Staging a House for Sale

Banish the clutter! Trim the bushes! Hide your Star Wars collection! Take down the family pictures! What can you do to prepare a house for sale? Here are tips, hints, thoughts and ideas for sprucing up, cleaning out, decorating, staging, creating a great first impression and making a house appealing to buyers.

Office Property

Get the latest on office building trends, such as cargotecture and much more in this updated field guide.

The Condominium Market

Condominiums continue to be a popular option for first-time buyers and empty-nesters, particularly in urban areas. While buyers often choose condos for their convenience they also face a different set of issues that owners of houses do not—specifically condo boards and the rules governing the many aspects of condo living. This field guide offers articles and books that address the unique circumstances of condo owners.


A little competition is a good thing, right? Learn why awareness of antitrust issues is important for real estate professionals, along with information on avoiding antitrust problems. This field guide provides guidance for brokers and associations, articles, and books about this essential legal issue and updates on the Department of Justice case against NAR.