[Name], coronavirus fears, credit monitoring and the appraisal report.  

Your first tuesday real estate news
Week of March 9, 2020

Letter to the editor: Who performs the maintenance and repairs: the tenant, or the landlord?
The landlord and tenant share responsibilities in maintaining a rental unit.

San Diego housing indicators
40,100 home sales closed in San Diego during 2019, up 1% from 2018.

Santa Clara housing indicators
16,300 home sales closed in Santa Clara County during 2019, a 9% decrease from 2018.

Using the yield spread to forecast recessions and recoveries
In February 2020, the yield spread fell into negative territory, averaging -0.01 points.

Current market rates
The average 30-year fixed rate mortgage fell to 3.29% in the week ending March 6, 2020.

Leasehold Improvement Provisions and Promises
This video covers further-improvement provisions in a commercial lease and permissive and mandatory improvements.

Form udpates  form updates this month
 

Coming soon! A new series of Tenant Protection Act (TPA) forms will be published on the RPI Forms Download page in the coming weeks.
The new forms are used by landlords of properties subject to AB 1482 which limits annual rent increases to 5% plus the rate of inflation, and requires “just cause” to evict tenants who have occupied a unit for 12 months or more. An exhaustive article will be published in conjunction with the release of the new forms.

 

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

 

This email was sent to: [Email]

Update your email Unsubscribe
DRE Sponsor No. 0473 / S0110
NMLS Course Provider No. 1400986

Notary Vendor No. 606332 / 306333  

Copyright © 2020 first tuesday
PO Box 5707, Riverside,CA 92517
9
51.781.7300 

Share the newsletter: