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 failed to adequately supervise the activities of his staff as his unlicensed assistants were contracting and negotiating with principals in real estate transactions.
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Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.
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This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who commingled their client’s funds with their personal account and used themselves, operating under an unapproved fictitious business name, as the escrow service without informing the client.
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Keep yourself informed about the rules surrounding disbursement of funds held in escrow after a failed transaction.
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Brush up on the basics of trust fund rules and regulations.
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Use this first tuesday FARM Letter Info-Flyer with your existing clients to provide a clear,...
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How to determine if a forfeiture provision is enforceable on the cancellation of a sale.
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