In response to the rent crisis, the state of California passed the Stable Affordable Housing Act of 2023. [Calif. Health and Safety Code §50610]
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.
In response to the rent crisis, the state of California passed the Stable Affordable Housing Act of 2023. [Calif. Health and Safety Code §50610]
After years of lawsuits, NAR® has finally agreed to a settlement relegating cooperative compensation to the history books.
Calif. Health and Safety Code §50426
Amended to add subsection (c) by AB 1508
Effective date: January 1, 2024
Calif. Civil Code §1954.53
Amended to add subsection 4(A) by AB 1620
Effective date: January 1, 2024
Castaic Studios LLC v. Wonderland Studios LLC
Nicoletti v. Kest
In re: Groves
Learn the ten prohibited lender actions which protect the borrower after origination of a high-cost (Section 32) consumer-purpose mortgage.
Several repayment provisions in the note documenting a Section 32 mortgage origination are restricted in their scope — or outright prohibited.
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.”