A corporate broker uses RPI Form 511 to establish a corporate broker-officer’s duties and fee schedule for earnings as designated officer of the real estate corporation and licensees held under the same broker use RPI Form 512 to form a real estate team and establish each team member’s responsibilities and fee sharing.
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Learn when to enter into a buyer representation agreement with a buyer-client and distinguish between representing individual and entity clients and the forms and retainer periods used for each.
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Vacancy rates are up in all SoCal sectors and counties, aside from Orange County office and a slight year-over decrease for Los Angeles industrial. Net absorption remains negative for San Diego and Orange County but turned positive for Los Angeles and Inland Empire industrial in 2025.
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A seller agent uses the Natural Hazard Disclosure Statement to disclose the existence of natural hazards on the sale of any type of real estate to a prospective buyer and the Fire Hardening and Defensible Space Disclosure Statement when the property is in a high fire hazard severity zone to disclose retrofits, local vegetation management ordinances and fire hardening measures the buyer is to consider.
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After entering into a representation agreement with a client, an agent uses the Modification of Representation Agreement to change the terms of the employment without canceling it and to terminate the authorization to represent, an agent uses the Release and Cancellation of Representation Agreement.
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