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Real Estate Principles
Prepare for the most critical issues you’ll encounter in your first years of practice.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles.
Latest Articles
Orange County housing indicators
View these Orange County regional charts for details on current activity and forecasts for its local housing market.
California residential construction starts
Multi-family and SFR construction continue to lag behind demand for new housing.
A representation agreement employs a broker
Learn the difference between exclusive and open client representation agreements and understand the use of exclusive representation agreements as best practice for client representation.
Reading the legal tea leaves — the parallel need to conform tenant representation to new buyer representation rules for commercial transactions
The new buyer representation rules have an application which may surprise some brokers – the negotiated, written representation of commercial tenant clients.
The agency law disclosure
Learn when the statutorily-mandated Agency Law Disclosure is required.
California’s for-sale inventory growth: waning buyer enthusiasm
In early 2025, low-tier priced housing has the lowest level of inventory available for sale or rent.
Letter to the Editor: What happens to buyer representation agreements and fees when an agent changes brokers?
A buyer representation agreement runs with the broker, not the agent.
MIP, PMI or neither?
Which is better for first-time homebuyers reliant on mortgage insurance: MIP or PMI?
Errata & Updates
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465