Real Estate Principles: Video™

A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
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Latest Articles

DRE Hot Seat: Failure to disburse trust funds to the owner of funds

DRE Hot Seat: Failure to disburse trust funds to the owner of funds

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker acting as a property manager who collected trust funds on behalf of landlords they represented and failed to disburse the trust funds to the landlords as required.

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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

06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.