How a buyer confirms the disclosure of property conditions – and how the buyer may require the seller to correct defects, adjust the sales price, or recover costs after closing.
Verify seller’s property disclosures: retain a home inspector
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
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Recent updates to the course e-book
- 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.
Newly published related content
The many pitfalls of pocket listings
The risky business of pocket listings are dangerous for sellers, buyers — and brokers.
A home inspection report: the liability shield for a seller’s broker
A home inspection report is used by a seller’s broker to shift the risks of non-disclosure liability in their use of a seller’s Transfer Disclosure Statement.
A property’s energy consumption: Part 2: Marketing a property’s energy use
How seller’s agents can market a home’s energy use, from a green home to an energy-sucking fixer-upper.
Poll: Have you or your clients experienced appraiser discrimination?
Implicit bias in the appraisal industry drags down the housing market.
A property’s energy consumption: known and demanded in a recession: Part 1
During a recession, buyers have the luxury to pick over every aspect of a home – including its energy costs.
DRE Hot Seat: Mortgage loan originator (MLO) knowingly takes fraudulent NMLS course
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 who knowingly took a fraudulent course for their mortgage loan originator (MLO) license endorsement, violating the student Rules of Conduct and licensing requirements of state and federal law.
Lacking interest rate support, home sales volume crumbles heading into 2023; Monthly Statistical Update (February 2023)
A bird’s eye view on destabilizing mortgage rates; Homebuyers with less money to spend, spend less; Home sales volume flops as sellers resist repricing
DFPI Bulletin Digest: January 2023
The January 2023 DFPI Bulletin Digest focuses on license renewals, crypto regulation and CCFPL rulemaking.