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Real Estate Principles
Prepare for the most critical issues you’ll encounter in your first years of practice.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles.
Latest Articles
SoCal commercial vacancy rates continue to rise in Q1 2024
Southern California’s commercial market softened even further in the first quarter of 2024.
Does a homeowner receive a refund for taxes paid when their property value is too high due to an incorrect assessment?
Greenspan v. County of Los Angeles Facts: A property owner demolishes the improvements on the property and constructs replacement improvements. The county assessor reassesses the property. The county assessor transfers the existing assessed value of the now demolished...
RPI real estate forms have always been in compliance with NAR’s most recent antitrust settlement
Unlike trade unions, RPI forms for decades has had methods for the buyers broker to set their own fees and disclose the fee amount to their buyer clients.
California residential construction starts
Multi-family and SFR construction continue to lag behind demand for new housing.
NAR’s long-established compensation model finally evolves
After years of lawsuits, NAR® has finally agreed to a settlement relegating cooperative compensation to the history books.
California home sales volume
Home sales volume continues to fall back in 2023.
Brokerage Reminder: The DRE wants to give brokers the benefit of the doubt
Every real estate broker acting in the capacity of a responsible broker needs to be aware of the “Benefit of the Doubt” program.
SoCal commercial vacancy rates continue to rise in Q4 2023
Southern California’s commercial market softened even further in the fourth quarter of 2023.
Errata & Updates
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465