Author: Amy Platero

Form-of-the-Week: Preliminary Proposal and Exchange Agreement — Forms 170 and 171

Posted by Amy Platero | Aug 7, 2023 | Finance, Forms, Real Estate, Tax |

An agent uses RPI Forms 170 and 171 to propose an exchange of properties to another agent and to negotiate the exchange of properties.

DRE Hot Seat: Failure to disburse trust funds to the owner of funds

Posted by Amy Platero | Aug 4, 2023 | Fundamentals, Licensing and Education, Property Management, 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 broker acting as a property manager who collected trust funds on behalf of landlords they represented and failed to disburse the trust funds to the landlords as required.

HCD awards grants to increase access to housing

Posted by Amy Platero | Jul 28, 2023 | Bay Area, first tuesday Local, Inland Empire, Los Angeles-Santa Barbara-Ventura, Orange County, Real Estate, Sacramento, San Diego |

California is rewarding local agencies with over $352 million in grant funding to help achieve housing and climate goals.

Risk management practices by the sellers agent in a declining market

Posted by Amy Platero | Jul 24, 2023 | Fundamentals, Real Estate, Recessions |

In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.

Form-of-the-Week: Option and Exercise of Option to Renew/Extend a Lease — Forms 565 and 566

Posted by Amy Platero | Jul 24, 2023 | Forms, Property Management, Real Estate |

A landlord uses RPI Form 565 to extend or renew a lease and a tenant uses RPI Form 566 to request the lease extension or renewal.

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