Laws and Regulations | firsttuesday Journal

Landlords nationwide plan rent increases over the next year

by Amy Perry | Aug 15, 2022 | Economics, Laws and Regulations, Property Management, Real Estate | 0

California’s cost-burdened tenants will need to tighten their belts another notch since nearly three quarters of landlords plan to increase rent over the next year.

Form-of-the-Week: Transfer Disclosure Statement, Unique Factors and Conditions Affecting Property and Seller’s Neighborhood Security Disclosure — Forms 304, 308 and 321

by ft Editorial Staff | Aug 8, 2022 | Buyers and Sellers, Forms, Real Estate | 0

A seller’s agent discloses the existence of unique external factors or conditions affecting a property’s desirability or security conditions surrounding a property with RPI Forms 304, 308 and 321.

White House addresses the housing crisis with a new plan

by Amy Perry | Jul 25, 2022 | Laws and Regulations, Real Estate, Recessions | 0

Local agencies and larger government entities are battling it out over zoning and land use policies.

DFPI Bulletin Digest: July 2022

by ft Editorial Staff | Jul 22, 2022 | Laws and Regulations, Mortgages, New Laws, Pending Laws, Real Estate, Your Practice | 0

The July 2022 DFPI Bulletin focuses on small business financing disclosures, proposed rules on commercial financial products, and the 2022-2023 assessment rates for financial institutions, among other topics.

When you can expect to access the extra CE required to renew your California real estate license

by ft Editorial Staff | Jul 18, 2022 | Feature Articles, Laws and Regulations, Licensing and Education, Real Estate | 1

The new course requirements will apply to real estate agents and brokers with licenses expiring on or after January 1, 2023.

California’s new housing strike force prepares for battle — with NIMBYs

by Carrie B. Reyes | Jul 18, 2022 | Laws and Regulations, Real Estate | 0

California’s housing shortage is the latest battleground between state-led initiatives and local governments.

Buyer breach of contract in a decreasing price environment: Seller remedies

by Madison Hart | Jul 15, 2022 | Buyers and Sellers, Home Sales, Real Estate | 0

Things get messy when a buyer breaches a contract. Buyers and sellers alike ought to understand the legal ramifications involved.

New law survives court challenge to allow denser housing

by Madison Hart | Jul 11, 2022 | Laws and Regulations, Real Estate | 0

New law to allow for denser building lives on after California’s Attorney General defends it in court. What does this mean for housing inventory?

A Dear John to homebuyer love letters

by Kinnedy Kriso | Jun 27, 2022 | Fair Housing, Real Estate | 0

In California’s competitive markets, real estate agents depend on an arsenal of creative weapons to secure home sales transactions. But one of those weapons — the buyer love letter — is now coming under fire.

Letter to the editor: Are landlords required to supply working air conditioning (AC)?

by Kinnedy Kriso | Jun 24, 2022 | Letters to the Editor, Pending Laws | 1

Question: Are residential landlords required to supply working air conditioning (AC) in each...

Bankruptcy’s tie to homeownership

by ft Editorial Staff | Jun 15, 2022 | Charts, Economics, Forecasts, Laws and Regulations, Market Watch, Recessions | 4

Bankruptcy numbers have been artificially low in 2020-2021. Prepare for today’s zombie businesses to fold with the next recession.

MLO Mentor: California’s Homeowner Bill of Rights

by ft Editorial Staff | Jun 6, 2022 | Feature Articles, Laws and Regulations, Mortgages, Real Estate, Your Practice | 0

This article gives an overview of California state’s Homeowner Bill of Rights (HBOR).

Is a city’s project to revitalize a local neighborhood which may result in future gentrification prohibited under the Federal Fair Housing Act (FFHA)?

by Kinnedy Kriso | May 31, 2022 | Fair Housing, Recent Case Decisions | 0

Crenshaw Subway Coalition v. City of Los Angeles (HAAS BHCP Property Owner, LLC)

Form-of-the-Week: Authorization to Prepare a Home Inspection Report and a Natural Hazard Disclosure Report — Forms 130 and 131

by ft Editorial Staff | May 10, 2022 | Buyers and Sellers, Forms, Fundamentals, Real Estate | 0

A seller’s agent preparing a marketing package uses RPI Forms 130 and 131 to disclose the conditions and natural hazards associated with a property.

Fannie Mae settles fair housing lawsuit for $50 million

by Amy Perry | May 9, 2022 | Fair Housing, Laws and Regulations, Real Estate | 0

The settlement is the first federal court ruling to determine that foreclosed properties are subject to fair housing laws.

Local governments try to dodge California’s single family zoning ban

by Carrie B. Reyes | May 2, 2022 | Laws and Regulations, Los Angeles-Santa Barbara-Ventura, Real Estate | 1

Designating landmark districts and wildlife sanctuaries are just some of the ways towns are attempting to avoid the new, looser zoning laws.

Extra homework required to renew your California real estate license: What you need to know

by ft Editorial Staff | Apr 25, 2022 | Fair Housing, Feature Articles, Real Estate, Your Practice | 1

Learn about the enhanced continuing education (CE) required of California real estate licensees and firsttuesday’s upcoming Implicit Bias course and video line up: Access for All: A Fair Housing Game™.