Back up your sales acumen by diving into the legal aspects of California real estate.
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A California appeals court holds the property’s value under a title insurance policy is based on the highest and best use.
Landlords may no longer charge fees for posting or serving eviction notices or notices to vacate to residential tenants or for accepting rent or security deposit payments by check. Security deposits charged a military service member renting as a residential tenant, when higher than the security deposit charged others, require specific steps.
An owner entitled to surplus funds remaining from the foreclosure sale of their residence are chased by individuals attempting to make claim on the surplus funds. Now these surplus fund chasers are barred from contacting the owners for 90 days after the trustee’s deed is recorded to better protect California homeowners in a vulnerable position.
California’s legislature promotes solar energy by empowering owners and tenants of mobilehomes to freely install and use solar energy systems without any type of interference from the owner or manager of the mobilehome park.
The title “Listing Agreement” is archaic compared to “Representation Agreement.”
Demonstrate to your buyer and seller clients how broker fees are paid in RPI Forms 310 and 311.
Residential property for sale equipped with a state-assistance water tank requires the seller and seller broker to disclose to prospective buyers that the water tank is not part of the property acquired.
A seller agent uses RPI Form 137 to request information from the Improvement District Office about Mello-Roos on a property listed for sale.
Learn how to counter an offer with a purchase agreement calling for the buyer to pay the broker fee and avoid claims of tortious interference.