We propose to require a statement disclosing the operating expenses a potential homebuyer may expect when purchasing a specific single family residence (SFR).
Change the law: Require operating expense disclosure for SFR sales
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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
Inspections required for exterior elevated elements in buildings with three or more multifamily residences
Load-bearing exterior elevated structures in some buildings require an inspection every six years.
Residential property tax postponement for seniors and disabled persons includes mobilehomes
Senior and disabled mobilehome owners may now qualify to postpone their property taxes.
Right of redemption expires when the sale of a tax-defaulted property begins
A new law clarifies the date an owner’s right to redeem a tax-defaulted property expires.
New laws adjust planning, building standards in response to growing housing crisis
Dozens of new laws have passed since 2017 to encourage new home construction.
New laws update real estate disclosures in California
AB 1289 has made several changes to real estate disclosure requirements, effective January 1, 2019.
Property tax exemption amount increased for charitable housing
A new law raises the maximum value qualifying low-income rental property for property tax exemption.
New delivery rules for HOA notices
The timeline for HOAs to provide notices is reduced to 28 days and email delivery is added to acceptable delivery methods.
California Homeowner Bill of Rights is reenacted
California has reenacted various provisions of the Homeowner Bill of Rights which expired on January 1, 2018.