Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.
The liquidated damages provision and the breaching buyer’s deposit when prices decline
read more
Implicit Bias, Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management
Cap off your license renewal with this one-stop interdisciplinary volume included with your renewal course. Stay current on the latest news, videos, forms, and updates for Implicit Bias, Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management.
Recent updates to the course e-book
05/25: The 2025 rules for buyer representation and fee-splitting avoidance have been edited into this e-book.
Newly published related content
The breaching buyer’s responsibilities: Part 2
How does a buyer’s breach impact the seller’s ability to collect on a monetary loss in practice?
The breaching buyer’s responsibilities: Part 1
When does a buyer’s breach of a purchase agreement entitle a seller to recover money losses?
DRE Hot Seat: Prison time for a broker who committed heinous mortgage fraud
This article is part of an ongoing series covering violations of real estate law. Here, the California Department of Justice (DOJ) sentenced a broker to 5 years and 4 months in prison and ordered him to pay restitution for creating forged and fraudulent records to obtain more than $8 million in mortgages for his clients in order to earn fees for himself.
The seller cancels the purchase agreement: now what?
Buyer remedies when a seller breaches or cancels a purchase agreement
The real estate agent rip-off
Is it ever a good idea to negotiate your fee rate with a client?
New California Real Estate Practice course fulfills 2024 requirements and beyond
As of today, firsttuesday is the first California school to obtain DRE-approval to provide California’s future agents and brokers with the new Real Estate Practice course.
Extending performance dates to attain purchase agreement objectives
Avoid premature termination when purchase agreement objectives can be met by extending dates.
Time to perform as staging a cancellation
Learn when a buyer or seller may exercise their right to cancel the purchase agreement and terminate the transaction.