This week’s Broker Reminder looks at Prop 13 and transactions excluded from reassessment.
Brokerage Reminder: Prop 13 – transactions excluded from reassessment
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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.
Recent updates to the course e-book
- 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.
Newly published related content
Sales volume: a powerful magnet for home prices
Home sales volume movement impacts tomorrow’s home prices.
Letter to the editor: Does RPI (Realty Publications, Inc.) provide COVID-19 forms?
RPI does not publish forms to be used specifically during the coronavirus (COVID-19) pandemic and endorses other practices to ensure a safe and timely transaction.
Brokerage Reminder: When in doubt, disclose – always!
Brush up on the Transfer Disclosure Statement and the importance of disclosing material facts to buyers and sellers.
New guidelines for real estate agents during COVID-19
The coronavirus (COVID-19) pandemic is forcing brokers and agents to adapt to new business guidelines instituted by health officials.
How real estate professionals can combat racism
How real estate and mortgage professionals can counter harmful attitudes and actions toward Black, Latinx and Asian homebuyers and renters.
Buyer purchasing power props up home prices, for now; Monthly Statistical Update (August 2020)
Buyer Purchasing Power Index (BPPI) rises with falling interest rates; Home sales volume succumbs to economic pressure; Home prices continue to defy gravity
While unemployment bounces, permanent job losses mount
National headlines are celebrating recent large job additions, but the full story is much more complex.
Guidance for the LIBOR transition
The time is now for financial institutions to begin planning the transition away from the LIBOR.