Form-of-the-Week: Request for Notice of Mello-Roos Assessment — Form 137

A seller agent uses RPI Form 137 to request information from the Improvement District Office about Mello-Roos on a property listed for sale.
Read MoreCounteroffers — practice dictated by buyer representation agreements

Learn how to counter an offer with a purchase agreement calling for the buyer to pay the broker fee and avoid claims of tortious interference.
Read MoreSoCal commercial property struggles linger on in Q3 2024

In each quarter in 2024, all SoCal markets experienced increasing vacancies.
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![Form-of-the-Week: Purchase Agreement — for One-to-Four Residential Property — with Buyer Broker Fee Provision [RPI Form 150],Amy Platero](https://cdn.chime.me/image/fs/sitebuild/2019929/2/w600_original_7e2aa583-6818-4cc3-a2c4-17c4db55c1d6-jpeg.webp)
A buyer agent uses RPI Form 150 when preparing an offer for their buyer to purchase one-to-four unit residential property with a fee provision for disbursing the buyer broker fee from the purchase price.
Read More Price Fixing and Association Membership

Watch the first episode in our new video series depicting the seismic shift in the representation of buyers in 2025, cementing long-standing public policy.
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A mobilehome park manager may tow a vehicle that violates park rules, unless it is a vehicle required for work or employment.
Read More Mechanics of the Homestead Exemption

The final episode of our new video series illustrates the specific mechanics of automatic and recorded homesteads.
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A broker and their agent use RPI Form 104 to arrange a mortgage with a buyer or owner of real estate or a holder of a trust deed note and RPI Form 119-1 to disclose to all parties the receipt of a mortgage-related fee in addition to a sales fee on the transaction.
Read More DRE Bulletin Digest: Summer 2024

The DRE’s Real Estate Bulletin keeps licensees informed on new codes and regulations significant to real estate practice, common violations of real estate rules of conduct, and real estate education opportunities.
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Home sales volume continues to fall back in 2023.
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California Supreme Court holds the insurer is not liable for lockdown income loss.
Read More Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year

Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or even sub-3.00%. But as inflation began to increase so too did mortgage rates, rising to nearly 8.00% in 2023
Read MoreCalifornia’s turnover rate ice cold in 2024

California's homeowner turnover rate is the lowest its been in at least 30 years, showing just how frigid California's housing market is in 2024.
Read MoreConsumer Sentiment Rises Slightly for the Third Consecutive Month

How are consumers feeling overall, and how does that translate to a real estate sale? The question is multifaceted, but asking it could be key to learning where buyers stand as the election fast approaches. The consumer sentiment index indicated yet another rise, for the third consecutive month, per
Read MoreDisclosure of a Prior Occupant’s Affliction and Death: firsttuesday Halloween Special

Grab your buttered popcorn for the two-part firsttuesday Halloween Special covering the disclosure of a death on a property. You’ll scream — you’ll laugh — you’ll learn!
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Equinix LLC v. County of Los Angeles Facts: A buyer acquires commercial real estate subject to a lease with a remaining term of less than 35 years. The tenant is responsible for payment of property taxes due during the lease. The county assessor reassesses the property on the transfer of ownership,
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Always enter into a written employment agreement with the buyer
Read More FOTW: Buyer-Broker Representation Agreements and Renewals — Forms 103.1, 103.2, 103.1A and 103.2A

Always enter into a written employment agreement with the buyer using RPI Forms 103.1 and 103.2. Renew or extend the retainer period with RPI Form 103.1A or 103.2A.
Read MoreFOTW: Buyer-Broker Representation Agreements and Renewals — Forms 103.1A, 103.1B, 103.2A and 103.2B

Always enter into a written employment agreement with the buyer using RPI Forms 103.1A and 103.2A. Renew or extend the retainer period with RPI Form 103.1B or 103.2B.
Read MoreCalifornia tiered home pricing

Home prices are flatlining across California's metropolitan areas at the end of 2023.
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