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 acting as a property manager who collected trust funds on behalf of landlords they represented and failed to disburse the trust funds to the landlords as required.
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This article is part of an ongoing series covering violations of real estate law. Here, a broker acting as a property manager surrendered his license in connection with a disciplinary action taken by the Department of Real Estate (DRE) for concealing property management books and records from a client they represented.
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Covers: Conducting property management operations in compliance with the prudent investor standard; A property manager’s duties and higher standard of conduct provided to a landlord.
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Download the Form This form is used by a property manager or landlord when a change of ownership or property manager has occurred on a residential rental property, to notify each tenant of the change and confirm the status of...
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A broker uses RPI Form 590 when entering into a property management agreement with an owner and RPI Form 554 when a change of ownership occurs.
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Covers: Duties of a licensed broker hired to manage an apartment complex on behalf of an owner; Property management services provided by a broker; Unlicensed status of an owner of income-producing real estate who personally manages their property.
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Read on for a summary of California property management laws and best practices.
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Rising interest rates have forced homebuyers back into the rental market.
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New educational requirements for mobilehome park managers.
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A last-minute law change is extending the additional steps landlords need to take to evict a tenant due to nonpayment of rent.
Read MoreDownload the Form This form is used by a leasing agent, property manager or landlord when entering into a rental or lease agreement with a prospective tenant in reliance on a guarantee, to document a third-party’s...
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This article examines the various requirements to become a property manager in California....
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California’s legislature is considering a bill which would introduce stricter landlord certification requirements.
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Here’s what you need to know about the process of entering and inspecting rental units.
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The credit reporting rules MLOs, MLBs, landlords and property managers are to follow on receipt of an address discrepancy notice.
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