California has several new laws affecting real estate and housing coming into effect at various dates in 2024: Tenants’ Rights Assembly Bill 12 Landlords in California have been allowed to charge two months’ rent as a security deposit for unfurnished…
Having a new licensed real estate agent is exciting, yet challenging for the broker of record and the new licensee. Standard protocol for a new real estate licensee by any brokerage includes: 1. Verify that the new real estate licensee…
Property owners, property managers and real estate agents face a lot of hidden dangers from a risk management perspective in remodeling and repairing structures and maintaining and improving the property’s grounds. People that can assist the property owner, property manager…
When prospective tenants ask a real estate licensee if the landlord will take Section 8, they want to know if the landlord will accept part of their rent through the Housing Choice Voucher Program (commonly known as the Section 8 program). Before…
This Risk Management Article covers changes to the June 2022 CAR forms and some anticipated December 2022 changes to the Residential Purchase Agreement. June 2022 changes Seller Possession After Close of Escrow The two June 2022 RPA changes apply to…
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice (DOJ) have issued notices to landlords and housing providers, as well as mortgage servicers, regarding protections for military families. The letters are a reminder that service members and…
The U.S. Centers for Disease Control and Prevention (CDC) issued a new order that would stay evictions for most renters impacted financially by the COVID-19 pandemic until Oct. 3, 2021. The CDC eviction moratorium would cover areas heavily impacted by…
On August 26, 2021, the United States Supreme Court ruled in favor of upholding a District Court’s Judgment vacating CDC’s Second Eviction Moratorium. The Second Moratorium had prevented the eviction of any tenants who live in counties that are experiencing…
