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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.
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
Property disclosures: buyer retains a home inspector
Learn how a buyer agent uses a home inspection report (HIR) to confirm the condition of a property as disclosed by a seller or seller agent and advises their buyer on remedies for material defects in the property noted in an HIR but not disclosed prior to the seller entering into a purchase agreement.
Jobs move real estate
Track the single most influential factor on California’s real estate market: the number of people employed.
Homebuyers learn the risks of ARMs as FRM rates jump
ARM rates remain below FRM rates – for now.
Form-of-the-Week: Rental income rent roll, and comparative analysis projection (CAP) — Forms 352-1 and 353
An agent uses Form 352-1 to disclose rental information when marketing or evaluating an income-producing property, and Form 353 when projecting income and returns on an income-producing property.
More one-person households buying homes
More singles are striking out on their own to become homeowners.
BPO series: Property conditions influence value
Learn to adjust a property’s valuation to reflect deviations based on its geography, the presence of natural hazards, level of improvements, energy efficiency and best use.
The home inspection report: to disclose and shield
Learn how to use a home inspection report (HIR) to mitigate liability risks for misrepresentation in the preparation of a seller’s Transfer Disclosure Statement (TDS), exercise care in the section of a qualified home inspector and use an energy efficiency audit report by a certified home energy rater to market property.
Income inequality dampens California’s homeownership potential
Income inequality is catching up with California’s economy, stifling household formation and dragging down the housing market.