This Mortgage Concepts video helps MLOs spot and avoid attorney mortgage relief scams.
Mortgage Concepts: Abuse of the Regulation O attorney exemption
read more
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
State and Federal Fair Housing Laws: Identifying the Explicit and the Implicit, Pt II
This video delves into California prohibitions against explicit and implicit discrimination.
What a cooling market means for both sides of real estate transactions
The real estate market’s pivot from soaring prices to plunging prices will affect buyers, sellers, lenders and support services in different ways.
Form-of-the-Week: Expired listings — Forms 122, 123 and 123-1
An agent who was the procuring cause for a sale in an expired listing uses RPI Forms 122, 123 and 123-1 to demonstrate and demand the collection of their fee.
Form-of-the-Week: Mortgage Worksheets — Forms 312, 320 and 320-1
A buyer’s agent uses mortgage shopping worksheets when shopping for the most competitive mortgage options for their buyer.
Home defects face greater scrutiny in 2022’s cooling market
Today’s sobered homebuyers have greater liberty to leverage home defects to justify a price cut than they did the last two years.
Failing to qualify, or just cold feet? More homebuyers backing out of deals in 2022
June 2022 saw the most escrow cancellations since the 2020 pandemic disruption.
Landlords nationwide plan rent increases over the next year
California’s cost-burdened tenants will need to tighten their belts another notch since nearly three quarters of landlords plan to increase rent over the next year.
Form-of-the-Week: Transfer Disclosure Statement, Unique Factors and Conditions Affecting Property and Seller’s Neighborhood Security Disclosure — Forms 304, 308 and 321
A seller’s agent discloses the existence of unique external factors or conditions affecting a property’s desirability or security conditions surrounding a property with RPI Forms 304, 308 and 321.