Arbitration provisions in purchase agreements remain popular, but what are the actual impacts of arbitration?
The votes are in: Most buyers and sellers initial the arbitration provision
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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
Lower mortgage interest rates to help keep licensees afloat; Monthly Statistical Update (May 2019)
The rise in mortgage loan originators (MLOs) slows; Buyer purchasing power rises with falling interest rates; California’s largest brokerages
DRE Bulletin Digest Spring 2019
A review of the Spring 2019 DRE Real Estate Bulletin.
Lawful agent-appraiser communications
The BREA debunks the common belief that appraisers may not have any communications with real estate agents in a transaction.
The votes are in: Public MLS access lacks support
Readers don’t think buyers should have direct access to their local MLS — but how much would a public MLS really impact agents and brokers?
Cooling interest rates to help refinancing recover in 2019; Monthly Statistical Update (April 2019)
FRM rates fall from 2018 upturn; Refinancing’s inverse relationship with interest rates; ARMs become less attractive when FRM rates fall
Press release: Buyer purchasing power index turns positive
California’s Buyer Purchasing Power Index was positive 1.2 in Q1 2019.
Is it a violation of appraiser independence?
This video reviews the rules governing appraiser independence under the Truth-in-Lending Act, including prohibitions of conflicts of interest and deliberately inaccurate evaluations.
DRE Compliance Goals – For Brokers
Advice for brokers on achieving regulatory compliance enforced by the California Department of Real Estate (DRE) in 2019.