Word-of-the-Week: Waste
The intentional destruction or neglect of property which diminishes its value.
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Category: Video
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firsttuesday Video
Eminent Domain, the Power to Tax and Escheat
A deeper dive into California’s four main constitutional powers
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The Authority to Legislate
Authority of the California legislature to enact laws regulating real estate activities.
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Word-of-the-Week: Right of First Refusal
A pre-emptive right held by another person to buy a property if the owner decides to sell.
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Office Hours with Professor Bill: Episode 11
Office Hours with Professor Bill is a multimedia learning experience covering fundamental...
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Word-of-the-Week: Liquidated damages
A provision in a purchase agreement specifying the amount of money the seller will receive from the buyer if the buyer breaches the agreement.
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American Rule
Examining the first link in the chain of title
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Basics of California Real Estate Law
The English and Spanish influence on the mechanics of California real estate law.
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Office Hours with Professor Bill: Episode 10
Office Hours with Professor Bill is a multimedia learning experience covering fundamental...
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Word-of-the-Week: Plottage
An increase in the value of a parcel of real estate when it is combined with another or multiple parcels under one ownership to form a plot with a higher and better use.
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Word-of-the-Week: Rent skimming
Rent skimming occurs when, during their first year of ownership of a parcel of residential real estate, an investor receives rents from tenants and fails to apply the rents towards the mortgages encumbering the property, causing a mortgage delinquency and eventual foreclosure.
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Referral Fees Between Brokerages
Compensation for a referral by or between brokers permitted under the Real Estate Settlement Procedures Act (RESPA)
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Word-of-the-Week: Land Sales Contract
What is a land sales contract? A land...
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Office Hours with Professor Bill: Episode 9
Office Hours with Professor Bill is a multimedia learning experience covering fundamental...
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RESPA Controls Indirect Kickbacks
Prohibited indirect kickbacks provided by third-party service providers in exchange for referrals from brokers or agents
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Word-of-the-Week: Senior citizen housing
Housing intended for and solely occupied by persons 62 years of age or older, or intended and operated for occupancy by persons of 55 years of age or older. Housing qualified for older citizens which excludes children is not considered prohibited discrimination against buyers or tenants with children based on family status.
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Kickbacks as a RESPA Violation
Real Estate Settlement Procedures Act (RESPA) penalties for improper kickbacks
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Word-of-the-Week: Option Listing
A variation of the exclusive right-to-sell listing in which the seller grants the broker an option to buy the property at a predetermined price, if the property does not sell during the listing period.
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Office Hours with Professor Bill: Episode 8
Office Hours with Professor Bill is a multimedia learning experience covering fundamental...
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Estimates as Projections or Forecasts
Estimates about an income property’s future performance as either a projection or a forecast
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