The CARES Act also includes a new Pandemic Unemployment Assistance (PUA) program expanding unemployment benefits eligibility to business owners, self-employed workers and independent contractors, including most REALTORS®. This means if you’re unable to work as a direct result of the pandemic and you aren’t eligible for ordinary unemployment insurance benefits, you may be entitled to […]
We wanted to let you know that the following forms have officially launched in ZipForms. Addendum to the Residential Listing Agreement (RLA-CAA) for sellers and listing agents to sign (Note – the RLA-CAA, has a hold harmless clause in Paragraph 5) Property Viewing Advisory and Declaration (PEAD) that will be given to and signed by […]
Wire transfers and EFTs in real estate purchase transactions have become the targets of criminals who interject themselves into a real estate transaction by posing as a party in the transaction. In these cases, the criminal often takes on the identity of a title or escrow company or real estate agent in the transaction and […]
The California Bureau of Real Estate (CalBRE) will cease to exist, and will become the Department of Real Estate, effective July 1, 2018. California Senate Bill 173, signed by Governor Brown on October 15, 2017, removes CalBRE from bureau status under the Department of Consumer Affairs and returns it to department status under the Business, Consumer Services […]
Presentation of Offers: Change to Code of Ethics, Standard of Practice 1-7 The C.A.R. Legal Hotline often receives calls from members, especially in busy markets, expressing frustration that they are not sure that their buyers’ offers were ever presented to the seller.  For some time, the RPA has had a section for seller to initial […]
