What Real Estate Agents Should Know About Short Term Rental Regulations The sharing economy has been a topic of widespread interest as it has grown and become a part of everyday life for many Americans. In real estate, organizations like Airbnb and VRBO allow homeowners to rent out their homes on a short to […]
Tag: compliance
Rent Control Is A New Reality: AB 1482 & What It Means To You
Any real estate professional who occasionally handles rentals or the sale of properties subject to rent control laws should be familiar with rent control laws. This is particularly the case as Assembly Bill (“AB”) 1482, mandating certain statewide rent control policies, comes into effect, likely on January 1, 2020. This article provides an overview of the […]
What Fiduciary Duties do Agents Owe Clients and Others?
Real estate agents and brokers in California have a fiduciary duty to act in a manner that is consistent with the best interests of the client. A fiduciary duty encompasses several obligations, among them: the duties of care, loyalty, honesty, accounting, and obedience. This article will discuss what is meant by each of those obligations, […]
How to Protect Yourself from Procuring Cause Claims
Overview The law as to who is the “procuring cause” of a real estate sale is one of the most complicated and common legal issues impacting both real estate agents and their clients. The purpose of procuring cause law is to reward an agent who initiated an uninterrupted chain of events that lead to a […]