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
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Real Estate Matters
Keep abreast of the real estate industry in California with this expansive buffet of topics. This volume simplifies complex concepts to quickly update agents and brokers.
Stay current on the latest news, videos, forms, and updates for Real Estate Matters.
Latest Articles
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?
Bankruptcy’s tie to homeownership
Bankruptcy numbers were artificially low in 2020-2021. Prepare for today’s zombie businesses to fold with the 2023 recession.
Property prices and cost of capital test buyer readiness; Monthly Statistical Update (May 2023)
Yield spread emboldens the recession factor; The jobs recovery is leveling out – no surprise; Interest rates for borrowing drive pricing
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.
Errata & Updates
- Page 174: The first paragraph has been amended to read: If the deferred rent is not
paid as scheduled, the nonresidential landlord may file a UD action to evict the
tenant without serving another three-day notice.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.