When is a buyer or seller entitled to exercise their right to cancel a purchase agreement and escrow instructions?
Cancellation excuses further performance
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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.
Recent updates to the course e-book
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.”
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
The many pitfalls of pocket listings
The risky business of pocket listings are dangerous for sellers, buyers — and brokers.
A home inspection report: the liability shield for a seller’s broker
A home inspection report is used by a seller’s broker to shift the risks of non-disclosure liability in their use of a seller’s Transfer Disclosure Statement.
No price gouging of rental housing following earthquakes and storms
In response to earthquakes and storms, the California Attorney General reminds landlords to be mindful of rent gouging.
California voters approve new measures to combat housing shortage locally
When it comes to California’s housing crisis, residents are saying enough is enough.
Dear Broker: Handling trust funds is like playing with fire
Real Estate Compliance Consultant Summer Goralik outlines the inherent risks real estate professionals face when handling trust funds and how to counter them.
Legislative steps toward more affordable housing
California’s legislature is addressing the affordable housing shortage with these recent laws.
New law removes obstacles for tenants terminating their lease due to domestic violence
Tenants dealing with abusive living conditions will now have a much easier time terminating their lease.
Form-of-the-Week: A comparative market analysis for setting prices and rents — Forms 318 and 318-1
A seller’s agent uses RPI Forms 318 and 318-1 when educating the seller on a reasonable asking price or rental amount for the property.