Amy Platero | firsttuesday Journal

Rent collectible under a lease agreement

Posted by Amy Platero | Jan 13, 2023 | Property Management, Real Estate, Recessions |

When a tenant commits a material breach of the lease agreement, possession may terminate. However, the landlord’s right to collect rents throughout the term of the lease remains.

Form-of-the-Week: LLC Investment Circular and Operating Agreement — Forms 371 and 372

Posted by Amy Platero | Jan 5, 2023 | Forms, Investment, Real Estate |

A real estate syndicator uses RPI Forms 371 and 372 when forming an LLC for a group investment in income-producing property.

DRE Hot Seat: Broker fails to supervise or disclose an overt conflict of interest

Posted by Amy Platero | Dec 30, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice |

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a real estate corporation, later leading the designated officer to voluntarily surrender their broker license, for allowing an unlicensed employee to solicit and contract with their principal, and failing to disclose a conflict of interest.