Pivot Ethical Rules On Offer Presentations Low inventory can exasperate the ethical rules for offer and counter-offer presentations.
Pivot HUD Charges Facebook For Fair Housing Violations On March 28, 2019, the Department of Housing and Urban Development (“HUD”) charged Facebook for violation of the Fair Housing Act stemming from its alleged practice of “targeting” ads based on recipient demographics.
Pivot Legal Issues With Team Names The California Department of Real Estate (DRE) has been strictly monitoring and scrutinizing the use of team names in advertisements as it aims to unify enforcement of statewide standards.
Pivot Don’t Abbreviate Date and Wire Fraud Prevention in 2020 It is common practice when dating documents to simply use the last two numbers of the year, however, police departments and other public agencies have warned the abbreviation of the year 2020 could lead to fraud on legal documents.
Pivot CA Prop 60/90: Transfer Of Base Year Value For Age 55 & Over Happy 2020! As we head into another property tax season, it is important for homeowners, investors and real estate professionals to better understand CA’s Proposition 60 and 90 (Prop 60 & 90), which provide certain tax relief for qualified homeowners age 55 or over.
Pivot 2019 Year End Top 5 Legal Matters Happy Holidays! It’s nearly the end of the year, here are five previously discussed Legal Matters that real estate professionals should continuously be aware heading into the New Year.
Pivot California Consumer Privacy Act (CCPA) The California legislature passed the California Consumer Privacy Act (“CCPA”), making significant changes to the state’s consumer data privacy law.
Pivot New and Revised CAR Forms Coming December 2019 The CAR forms are standard real estate transaction documents created by the California Association of Realtors (“CAR”).
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Pivot New NAR Regulation on Pocket Listings Reaffirming the longstanding and obvious procompetitive benefit of the Multiple Listing Service, the National Association of Realtors (“NAR”) board of directors voted 729-70 on Monday to pass a restriction on “pocket listings” and “private listing networks.”
Pivot How to Count “Days” on a Notice to Perform One of the many questions we receive from real estate agents is how to count “Days” in the California standard purchase contracts (CAR and PRDS).
Pivot New Bills Enacted to Address Affordable Housing Crisis Last Tuesday, Gov. Newsom signed a dozen real estate related bills into law to address the state’s rising housing crisis.
Pivot Request for Repair The PRDS and C.A.R. contracts are set up to allow a buyer to investigate the property and request repairs during the inspection contingency period.
Pivot Statewide Rent Control Passed by California Legislature As many people in the industry are aware, the California legislature passed AB 1482 last week, commonly known as the statewide “rent cap bill.”
Pivot Earnest Money Deposit Disputes The most common claim buyers and sellers make against each other is for the release of the “earnest money” deposit.
Pivot New Proposition 65 Warning Requirements As of July 1, 2019, California landlords and property managers with more than ten employees might have to comply with new warning requirements under California’s Safe Drinking Water and Toxic Enforcement Act (“Prop 65”).
Pivot Off-Market Listing and Fair Housing Off-market listings, also known as “exclusive” or “pocket” listings, happen when the property is withheld from the MLS.
Pivot Cancellation Right Associated with Delivery of the Visual Inspection On January 1, 2019, several real estate “clean-up” laws become effective to eliminate confusion in the existing law.
Pivot Top 5 Consiglieres It is halfway through the year of 2019. Here are five previously discussed legal issues that real estate professionals should continuously be aware heading into the second half of the year.
Pivot Avoid Discriminating Words in Your Advertisements The Fair Housing Act governs the actions of all real estate professionals, and Section 804(c) of the act makes it “unlawful to make, print, or publish, or cause to be made, printed, or published, any notice, statement, or advertisement, with respect to the sale or rental of a dwelling, that indicates any preference, limitation, or […]
Pivot Probate Real Estate Sale Process When the sale of real property is necessary in a probate proceeding, the court usually allows the estate personal representative to hire real estate professionals to sell the real property.