California’s legislature has clarified disclosure requirements for real estate professionals.
New California law clarifies real estate disclosure requirements
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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
DFPI Bulletin Digest: December 2022
The December 2022 DFPI Bulletin focuses on new state laws for 2023, license renewal and escrow reports.
Mortgage Concepts: Section 32 restrictions, Part I
Click play to review the mortgage terms and features Regulation Z prohibits in Section 32 loans.
New laws revise eligibility requirements for foreclosure bidders
As California home prices continue to fall heading into 2023, more and more homeowners owe more on their mortgage principal balance than their home’s equity.
As mortgage interest rates rise, concessions return
Buyers looking to recoup lost purchasing power are dusting off old strategies to secure a more comfortable monthly mortgage payment.
Pandemic-era buying spree plunges homebuyers from minority groups underwater
The recent homebuying wave coincided with the worst time to buy — at the top of the housing cycle.
New California law adjusts DRE broker equivalent experience requirement
New experience requirements for prospective brokers seeking a license.
Unused commercial space continues to convert into much-needed apartments
California’s housing shortage has a new source of aid: conversions from commercial property to much-needed multi-family units.
Mortgage Concepts: Reverse mortgage obligations
This video breaks down the obligations reverse mortgage borrowers need to fulfill to avoid default.