Home equity declines since June 2022
California homeowners lost an average of $60,000 in equity over the past year.
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Author: Amy Platero
Form-of-the-Week: Solar shade control notice and notice of intent to alter shared boundary fence — Forms 322 and 323
A property owner uses RPI Forms 322 and 323 when notifying a neighbor about a solar installation or intent to alter a shared boundary fence.
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The mean price trendline: guidance for when to sell
Sellers who are going to sell within the next five years need to be advised to sell now, not wait.
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Form-of-the-Week: Resident Manager Agreement and Vacation Rental Management Agreement — Forms 591 and 592
An owner uses RPI Forms 591 and 592 when setting forth the employment of a resident manager or vacation rental property manager.
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DRE Hot Seat: False representations to influence, persuade or induce
This article is part of an ongoing series covering violations of real estate law. Here, a broker surrendered his license in connection with a disciplinary action taken by the Department of Real Estate (DRE) for making substantial misrepresentations to his client in order to earn more fees.
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