A Broker’s duty to a buyer was forever changed in 1984 with the case of Easton v. Stassburger, 152 Cal.App.3d 90(1984). The ruling in Easton stated that Brokers had an affirmative duty to conduct a “reasonably competent and diligent inspection of residential real property listed for sale and to disclose to prospective purchasers all facts […]
The legality of referral fees in California is a tricky issue and one that can frequently trip up agents and brokers. This is because of the difference between federal and state law. The California Attorney General’s office has written a detailed opinion stating that a real estate broker can pay a referral fee to an […]
Measure EE went down in a surprisingly wide defeat on Tuesday, June 4th. The measure which would have levied a 16 cent per square foot property tax on all residential and commercial properties in the LAUSD District needed a 2/3 super majority to pass. Instead, it failed to gain even a simple majority, attracting approximately […]
