Newsletter

Reader, 2022 forecast, recruitment strategies and types of real estate fixtures.

Your firsttuesday real estate news
Week of December 27, 2021

Features

2021 in review and a forecast for 2022 and beyond
This article digests 2021's biggest real estate stories, and offers a forecast for 2022 and beyond.

CalPaces for Recruiting: Soliciting prospective hires
Read firsttuesday's rundown of recruitment techniques and strategies for brokers in 2022.

Real Estate Fixtures vs. Trade Fixtures
This video distinguishes the two types of improvements installed in a building: real estate fixtures and trade fixtures.

Vote on it

Do you have reason to believe reverse mortgages for retired homeowners need more regulatory control?

California faces long road against wealth inequality
Legislators have yet to respond to the household wealth disparities that plague California's economy.

Form-of-the-Week: Guarantee Agreement for Rental or Lease
Learn how RPI Form 553-1 cements a third-party’s guarantee for rent after a rental or lease default.

Mortgage Concepts: How to issue the adverse action notice
This video covers the adverse action notice under the Equal Credit Opportunity Act and Fair Credit Reporting Act.

RPI Book Club

Experience the future of DRE CE

Tired of one-dimensional continuing education?

Introducing firsttuesday's Video Renewal Course: Real Estate Made Reel. Click here for a walkthrough of California’s first — and only — DRE-approved, video-based renewal experience.

New California law to further loosen ADU restrictions
Assembly Bill 1584 makes it easier for your clients to build an accessory dwelling unit.

Brokerage Reminder: Know the basis when converting homes to rentals
When converting homes to rentals, first calculate the basis for tax gain or loss.

DRE Bulletin Digest: 2021 in review
The DRE's end-of-year bulletin lists their accomplishments in 2021 and serves as an annual report to licensees.

DRE Hot Seat: Criminal misconduct a willful disregard of real estate law
Learn how the DRE nailed a broker who burglarized a home.

The 20% solution: personal savings rates and homeownership
The national personal savings rate was 7.3% as of October 2021.

Current market rates
The average 30-year fixed rate mortgage (FRM) rate increased to 3.12% in the week ending December 17, 2021.

RPI Form Updates

— Form 575-1: Three-Day Notice to Pay Rent or Quit, without rent-related fees

— Form 575-2: Three-Day Notice to Pay Rent with rent-related fees, for properties subject to just cause eviction requirements

— Form 575-3: Three-Day Notice to Pay Rent, for properties subject to just cause eviction requirements

— Form 575-4: Notice of COVID-19 Window Period Rent Assistance, for defaults on amounts from October 1st, 2021 through March 31st, 2022

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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