A new bill, more so an amendment to a previous law, has been passed to allow for ADUs to be sold separately from the main residence.
New law to allow ADUs to be sold separately from main residence
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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
MLO Mentor: Section 32 coverage tests
This MLO Mentor guide helps you quickly identify when a loan falls under Section 32 requirements. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California mortgage loan originator license and learn more about Section 32 loans in your practice. The Home...
May an adverse possessor acquire title to a property when the underlying ownership of the property changes during the period of possession?
Bailey v. Citibank, N.A.
Freddie Mac study bares ugly truth of racial appraisal gap
Despite all efforts to make appraisals fair, equitable and based on facts, racial appraisal gaps persist — leading to a pervasive wealth gap.
Can a residential landlord evict a tenant when a certificate of occupancy has not been issued for the unit?
Yanez v. Vasquez
Rent or food — you pick
In August 2021, the typical U.S. renter household spent 30.3% of its income on rent, just over the 30% threshold at which a household is considered rent burdened.
New law requires implicit bias training for real estate professionals
Implicit bias training will be incorporated in both pre-licensing and continuing education courses beginning in 2023.
New study sheds light on housing planning issues
When housing planners zig, builders zag. That’s the story of California’s Regional Housing Needs Allocation (RHNA), the instrument the state uses to determine where and how much affordable housing is to be built. But the Golden State’s reputation for affordable...
Dept of Housing and Community Development flexes new enforcement powers
The California department overseeing the Surplus Land Act is beginning to issue warnings to local agencies that do not provide a portion of their land for low-income housing.