Reader, commercial investors, tax rates and the power-of-sale provision.  

Your first tuesday real estate news
Week of November 09, 2020

Tenants in assisted housing get more chances to improve credit scores
SB 1157 allows tenants in buildings receiving government assistance a new way to build credit.

New legislation aims to protect mobilehome residents
AB 2782 keeps struggling mobilehome residents housed in the midst of a grim recession.

Word-of-the-Week: Agency Law Disclosure
Truth or Consequences: this week's word covers the all-important Agency Law Disclosure.

Form-of-the-Week: Demand for payment of a fee
Forms 123 and 123-1 help agents and brokers collect earned fees. Pay up!

DFPI Bulletin Digest: November 2020
This month's DFPI Bulletin covers license renewal, the California Consumer Financial Protection Law and wildfire relief.

Current market rates
The average 30-year fixed rate mortgage declined to a new average low in the week ending November 6, 2020, now at 2.78%.

Form udpates  form updates this month
 

NEW 15-Day Notice to Pay Rent with Required COVID-19 Declaration:

— Form 575: with rent-related fees, on defaults from March 1st to August 31st

— Form 575-1: without rent-related fees, on defaults from March 1st to August 31st

— Form 575-2: with rent-related fees, on defaults from September 1st through January 31st

— Form 575-3: without rent-related fees, on defaults from September 1st through January 31st

 

To access all updated forms, view our RPI Forms library here.
Click on Download the Full Forms Library to download our entire catalog.

 

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