Amy Perry | firsttuesday Journal

Rent collectible under a lease agreement

Posted by Amy Perry | 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 Perry | 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 Perry | 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.