This article digests the bills relevant to real estate that passed and were signed into law in California during 2019.
2019 California legislative round-up
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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
DBO Bulletin Digest December 2019
Editor’s note — The California Department of Business Oversight (DBO) supervises, licenses and regulates a variety of financial institutions, including some real estate mortgage loan originators (MLOs) holding a Nationwide Multistate (or Mortgage) Licensing System...
California bans home insurance non-renewals in wildfire areas
A new rule preserves homeowners’ insurance policies in areas affected by the 2019 wildfires.
Change the law: Prohibit trade union membership for DRE commissioners
The DRE needs to focus on its goal to safeguard consumers rather than protect CAR’s interests
Arbitration law updates leave much desired
Arbitration leaves consumers at a disadvantage, but some progress has been made in making results more transparent.
New law requires cities to incentivize ADUs
Beginning in 2020, local governments will be required to incentivize and promote affordable accessory dwelling units (ADUs).
Change the law: Require real estate team leaders to hold a broker license
first tuesday proposes that team leaders be required to be licensed brokers, who have more education and typically more experience than sales agents.
Tenant protection loophole prompts mass evictions
Landlords rush to oust tenants ahead of California’s new rent cap law.
California’s rent control problem
This article examines whether or not California’s rent control policies work to keep low-income renters in place, and efforts to change these policies.