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 […]
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 […]
As of January 1st, 2014, the regulations for smoke detectors are changing. It is a minor change, but is an important one to pay attention to. Violators may be cited and fined $200! In order to avoid this fine, the California Health & Safety Code requires that at the time of a new tenancy, each […]
Make sure to consult this list of known cities that have extra rules and regulations whenever engaging in a real estate transaction. The following links will guide you to the information needed to successfully close transactions in each city. Remember: An ounce of prevention is worth a pound of cure!!! Azuza (City of Azuza) Beverly Hills (City of […]
A bit of good news for the condominium buyers out there; the Federal Housing Finance Administration (FHA) recently revised its condominium certification rules, making it easier to qualify condominiums for FHA financing.
