A buyer representation agreement runs with the broker, not the agent.
Letter to the Editor: What happens to buyer representation agreements and fees when an agent changes brokers?
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Due Diligence and Disclosures
Get the most for your clients and protect your hard-earned fee by reviewing the forms you’ll encounter in brokerage services. Stay current on the latest news, videos, forms, and updates for Due Diligence and Disclosures.
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DRE Bulletin Digest: Fall/Winter 2024
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.
Mandated landlord credit-reporting offer to improve tenant credit scores
Residential landlords are now obligated to offer to report a tenant’s positive rental payment information to at least one nationwide consumer reporting agency.
Does a property manager owe a duty of care to resolve disputes between neighbors?
A California appeals court holds a property manager’s duty of care does not encompass resolving disputes between neighbors.
Updates to the permitting and approval of new housing developments
The streamlined approval process developers use when certain parameters are met just got additional incentives.
May a property owner use their easement on a neighbor’s property to transport their cannabis crop without the consent of their neighbor?
A California appeal court holds an easement for an illegal purpose is invalid.
May a local agency require payment of an impact fee to obtain a building permit when the fee amount is unrelated to the individual impact of the construction?
The U.S. Supreme Court holds impact fees which are a condition to receive building permits need a reasonable relationship between the fee amount and the individual impact.
May a landlord maintain an unlawful detainer (UD) action against a tenant when the landlord provides an ambiguous three-day notice to pay rent?
A California appeals court holds an unlawful detainer (UD) action needs an unambiguous three-day notice to pay to recover possession from a tenant.
May an owner of developable property encumbered by an undisclosed easement recover under a policy of title insurance the diminution in value based on the property’s highest and best use?
A California appeals court holds the property’s value under a title insurance policy is based on the highest and best use.
Errata & Updates
Chapter 2: The MLS environment. The updated statutory Agency Law Disclosure
and confirmation provision went into effect the beginning of 2019. Both the
content of the form and when it is to be used have been modified. For a
thorough analysis of the new disclosure and confirmation practices, see the
January 2019 article, What you need to know about the refreshed – and mostly
improved – Agency Law Disclosure.
Chapter 32: The breaching buyer’s responsibilities. The first subhead on page
350 should read “Interest depends on property use.”