Real Estate Principles

Prepare for the most critical issues you’ll encounter in your first years of practice.
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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

Form-of-the-Week: Partial payment agreement — Forms 558 and 559

Form-of-the-Week: Partial payment agreement — Forms 558 and 559

by | Jun 4, 2026

Commercial landlords and tenants agreeing to partial payments use RPI Form 558, and residential landlords and tenants use RPI Form 559. The forms commit to writing the portion of remaining delinquent rent the tenant owes the landlord, the date the balance is due, and when not paid by the due date, what action the landlord may take to enforce payment.

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