Bankruptcy numbers were artificially low in 2020-2021. Prepare for today’s zombie businesses to fold as the economy stalls.
Bankruptcy’s tie to homeownership
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Legal Aspects of Real Estate
Back up your sales acumen by diving into the legal aspects of California real estate.
Stay current on the latest news, videos, forms, and updates for Legal Aspects of Real Estate.
Recent updates to the course e-book
- In Chapter 25, references to “a intervivos trust” should be “an intervivos trust.”
- In Chapter 33, in the third bullet point beginning “55 or older with an annual income…”, $15,000
should be $25,000 and $20,000 should be $35,000. - Answer Key for Quiz 9, Question 2. The correct answer should be “d.”, not “c.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
Pet addendum needs to be disclosed with the rental application
Beginning April 2027, California law requires a landlord to disclose their pet addendum on their property website, online advertisements and rental search engines and upon delivering a prospective tenant a rental application.
Natural hazard disclosures by the seller agent
Learn the various types of natural hazards which sellers disclose to buyers, how to comply with seller disclosures of natural hazards and mitigate agent liability by using a natural hazard expert to investigate the public record for known hazards unknown to the agent.
Marketing condominium units
Learn the use restrictions and operating conditions placed on conduct in HOA communities, the obligations and assessments imposed on an owner of a unit in a CID and how a seller agent requests CID documents concerning use restrictions and HOA finances from the HOA for delivery to prospective buyers when marketing a CID unit for sale.
Preserving mobilehome and RV parks while California builds denser housing
A new law limits application of laws that promote dense transit-oriented housing by prohibiting construction on sites near transit stop zones governed by mobilehome or RV park regulations.
Structural pest control reports and repairs
Learn how to manage a Structural Pest Control (SPC) report provider in real estate transactions and advise sellers and buyers on the disclosure of structural pests in the SPC report.
Form-of-the-Week: Purchase agreement addenda for buyer agent — Forms 260, 261 and 266
A buyer agent uses RPI Form 260, 261 and 266 to determine the status of property conditions about whether the roof is adequate, hazard insurance is available and the purchase price is reasonably related to the property’s fair market value.
Lead-based paint disclosures
Learn about the federal lead-based paint disclosure and how to timely disclose to buyers the existence of a lead-based paint hazard on residential properties built prior to 1978.
New defensible space rules to harden improvements
New defensible space rules aim to protect suburban and rural homes from high wildfire risk.
