Form-of-the-Week: INTAX and §1031 Profit and Basis Recap Sheet — Forms 351 and 354
An agent uses RPI Forms 351 and 354 when negotiating a sale or §1031 reinvestment plan.
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Author: Amy Platero
The Appraisal Foundation urged to revise their Ethics Rule for appraisers
The Appraisal Foundation, responsible for updating the Uniform Standards of Professional Appraisal Practice, has revised their Ethics Rule at the request of federal regulators.
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Form-of-the-Week: Open House Interview Sheet, and the Agent Survey Sheet for Commercial Property — Forms 320-2 and 320-3
An agent uses RPI Forms 320-2 and 320-3 when determining the suitability of residential or commercial property to satisfy their client’s objectives.
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DRE Hot Seat: Trust funds require constant upkeep
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 broker who did not properly maintain trust fund records, and allowed the unauthorized withdrawal of trust funds.
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National mortgage balances increased by $1 trillion in 2022
During the fourth quarter of 2022, total national mortgage debt increased by $254 billion, contributing to a $1 trillion increase in mortgage balances in 2022.
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