[Name], rising rates, anti-discrimination and the two distinct legal aspects under a listing agreement.  

Your firsttuesday real estate news
Week of January 31, 2022

When may an appraiser trainee inspect independently?
The BREA clarifies the answer in their Fall-Winter 2021 newsletter.

MLO Mentor: The HECM reverse mortgage
This MLO Mentor article covers the rules and features of reverse mortgages.

Mortgage Concepts: California MLO Licensing Laws
This video outlines the differences between DRE and DFPI mortgage loan originators.

The votes are in: Primary reason causing first-time homebuyers to buy
What makes California's first-timers tick? Find out what your fellow agents see in 2022's buyers.

New law expedites real estate license application process for military members
Senate Bill 800 expedites the license application process for former active duty members.

DRE Hot Seat: Unlicensed assistants need supervision
Learn how the DRE nabbed a broker who failed to properly review transaction files, and more.

Recent Case Decision: Lara v. Menchini
May a subtenant retain possession when the master tenant defaults and the subtenant attempts to pay the delinquent rent?

Orange County housing indicators
At the end of Q3 2021, year-to-date sales volume in Orange County was a significant 21% above a year earlier.

Current market rates
The average 30-year fixed rate mortgage decreased to 3.55% in the week ending January 28, 2021. The average 15-year FRM rate remained at 2.80%.

Form udpates  RPI Form Updates
 

Form 550: Residential Lease Agreement

Form 551: Residential Rental Agreement (Month-to-Month)

NEW Form 564-1: Information on Dampness and Mold for Renters in California

NEW Form 564-2: Información Sobre la Humedad y el Moho para Inquilinos en California

 

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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