Amy Platero | firsttuesday Journal

Form-of-the-Week: Purchase Agreement — for One-to-Four Residential Property — with Buyer Broker Fee Provision [RPI Form 150]

Posted by Amy Platero | Nov 23, 2024 | Buyer Representation, Buyers and Sellers, Forms, Fundamentals, Real Estate |

A buyer agent uses RPI Form 150 when preparing an offer for their buyer to purchase one-to-four unit residential property with a fee provision for disbursing the buyer broker fee from the purchase price.

Mobilehome park management may not remove a vehicle from a driveway or designated parking space when the vehicle is used for work or employment

Posted by Amy Platero | Nov 21, 2024 | Laws and Regulations, New Laws, Real Estate |

A mobilehome park manager may tow a vehicle that violates park rules, unless it is a vehicle required for work or employment.

Form-of-the-Week: Mortgage Broker Representation Agreement, and Disclosure of Mortgage Loan Originator Fees — Forms 104 and 119-1

Posted by Amy Platero | Nov 6, 2024 | Forms, Mortgages, Real Estate |

A broker and their agent use RPI Form 104 to arrange a mortgage with a buyer or owner of real estate or a holder of a trust deed note and RPI Form 119-1 to disclose to all parties the receipt of a mortgage-related fee in addition to a sales fee on the transaction.

DRE Bulletin Digest: Summer 2024

Posted by Amy Platero | Nov 5, 2024 | Fundamentals, Laws and Regulations, Licensing and Education, Real Estate, Your Practice |

The DRE’s Real Estate Bulletin keeps licensees informed on new codes and regulations significant to real estate practice, common violations of real estate rules of conduct, and real estate education opportunities.