Laws and Regulations | firsttuesday Journal

Does a license holder have a right to renew a conditional use license when a city changes its licensing ordinance?

by David Swistock | Jun 6, 2023 | Laws and Regulations, Real Estate, Recent Case Decisions | 0

Hobbs v. City of Pacific Grove

Is a landlord liable for the injuries sustained by an independent contractor hired by a tenant?

by David Swistock | Jun 1, 2023 | Commercial, Laws and Regulations, Real Estate, Recent Case Decisions | 0

Ramirez v. PK I Plaza 580 SC LP

May an owner evict a tenant when the owner is not in compliance with notice requirements regarding a change in the name of the property management company?

by David Swistock | May 30, 2023 | Laws and Regulations, Property Management, Recent Case Decisions | 0

Group XIII Properties LP v. Stockman

Real estate agents and non-discriminatory behavior toward consumers

by Ashley Collins | May 26, 2023 | Fair Housing, Laws and Regulations, Real Estate | 0

As the primary gatekeepers for entry into real estate transactions, such as leases and sales, equal treatment by agents toward the public is crucial to success.

California targets unlawful crime-free housing policies

by Carrie B. Reyes | May 24, 2023 | Fair Housing, Property Management, Real Estate | 1

Landlords who conduct criminal background checks may be guilty of housing discrimination.

Is the amount of home equity shielded by an automatic homestead exemption the threshold for the year a creditor recorded their judgment lien or the year the bankruptcy petition was filed?

by David Swistock | May 22, 2023 | Laws and Regulations, Loan Products, Recent Case Decisions | 0

Barclay v. Boskoski

Attorney General files lawsuit against Elk Grove for violating state housing laws

by Amy Perry | May 18, 2023 | first tuesday Local, Laws and Regulations, Real Estate, Sacramento | 0

The California Attorney General filed a lawsuit against the city of Elk Grove for preventing the development of low-income housing.

The liquidated damages provision and the breaching buyer’s deposit when prices decline

by Carrie B. Reyes | May 15, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Recessions, Your Practice | 0

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.

Bankruptcy’s tie to homeownership

by ft Editorial Staff | May 3, 2023 | Charts, Economics, Forecasts, Laws and Regulations, Market Watch, Recessions | 4

Bankruptcy numbers were artificially low in 2020-2021. Prepare for today’s zombie businesses to fold with the 2023 recession.

The seller cancels the purchase agreement: now what?

by Carrie B. Reyes | Apr 24, 2023 | Buyers and Sellers, Feature Articles, Market Watch features, Your Practice | 0

Buyer remedies when a seller breaches or cancels a purchase agreement

Extending performance dates to attain purchase agreement objectives

by Carrie B. Reyes | Apr 17, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 0

Avoid premature termination when purchase agreement objectives can be met by extending dates.

The Appraisal Foundation urged to revise their Ethics Rule for appraisers

by Amy Perry | Apr 6, 2023 | Appraisal, Fair Housing, Fundamentals, Laws and Regulations, Real Estate | 0

The Appraisal Foundation, responsible for updating the Uniform Standards of Professional Appraisal Practice, has revised their Ethics Rule at the request of federal regulators.

California Attorney General clashes with NIMBYs in Huntington Beach

by Carrie B. Reyes | Mar 23, 2023 | Laws and Regulations, Los Angeles-Santa Barbara-Ventura, Real Estate | 0

This is the second time the state has sued Huntington Beach over housing law violations.

Four units by the parceling of one

by Ashley Collins | Mar 20, 2023 | Laws and Regulations, Real Estate | 1

The California HOME Act law from 2022 holds the power to end the housing shortage by splitting a single-family parcel in two lots and building three additional units.

Natural hazard disclosures and the seller’s agent

by Carrie B. Reyes | Mar 13, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 0

Gone are the days of minimal or delayed property disclosures.

Redlining practices cost LA-based lender $31 million in settlement

by Amy Perry | Mar 10, 2023 | Fair Housing, first tuesday Local, Fundamentals, Laws and Regulations, Los Angeles-Santa Barbara-Ventura, Mortgages, Real Estate | 0

The largest redlining settlement in the Justice Department’s history involved a lender servicing Los Angeles who achieved disproportionately low numbers of mortgages from minority areas.

Cancellation excuses further performance

by Carrie B. Reyes | Mar 2, 2023 | Buyers and Sellers, Feature Articles, Market Watch features, Real Estate, Your Practice | 0

When is a buyer or seller entitled to exercise their right to cancel a purchase agreement and escrow instructions?

The many pitfalls of pocket listings

by Carrie B. Reyes | Feb 20, 2023 | Buyers and Sellers, Feature Articles, Home Sales, Real Estate, Your Practice | 0

The risky business of pocket listings are dangerous for sellers, buyers — and brokers.

A home inspection report: the liability shield for a seller’s broker

by Carrie B. Reyes | Feb 16, 2023 | Buyers and Sellers, Feature Articles, Laws and Regulations, Real Estate, Your Practice | 0

A home inspection report is used by a seller’s broker to shift the risks of non-disclosure liability in their use of a seller’s Transfer Disclosure Statement.