ft Editorial Staff | firsttuesday Journal

California residential construction starts

Posted by ft Editorial Staff | Sep 13, 2023 | Charts, Home Sales, Real Estate |

Multi-family and SFR construction continue to lag behind demand for new housing.

Assignment of Option to Buy — RPI Form 161-2

Posted by ft Editorial Staff | Sep 12, 2023 | Forms |

Download the Form This form is used by a tenant’s or buyer’s agent or an escrow officer when the holder of an option to purchase property has sold the option rights, to transfer the ownership of the option to the...

Option to Purchase with Extensions — Irrevocable Right-to-Buy — RPI Form 161-1

Posted by ft Editorial Staff | Sep 12, 2023 | Forms |

Download the Form This form is used by a buyer’s agent when the buyer’s offer is for acquiring a purchase option exercisable with extensions, to prepare an option as an irrevocable offer to sell with a price and...

Standard Option to Purchase — Irrevocable Right-to-Buy — RPI Form 161

Posted by ft Editorial Staff | Sep 12, 2023 | Forms |

Download the Form This form is used by a leasing or sales agent when offers to rent or buy a property include a purchase option exercisable without extensions, to prepare an option as an irrevocable offer to sell with a price...

Due-on Assignment or Modification of a Lease

Posted by ft Editorial Staff | Sep 11, 2023 | Feature Articles, Real Estate, Video |

Covers: Triggering the due-on clause on a lease assignment or modification which extends the lease term beyond three years, or grants the tenant a purchase option; Triggered on a lease novation.