Off-market listings, also known as “exclusive” or “pocket” listings, happen when the property is withheld from the MLS.
On January 1, 2019, several real estate “clean-up” laws become effective to eliminate confusion in the existing law.
It is halfway through the year of 2019. Here are five previously discussed legal issues that real estate professionals should continuously be aware heading into the second half of the year.
The Fair Housing Act governs the actions of all real estate professionals, and Section 804(c) of the act makes it “unlawful to make, print, or publish, or cause to be made, printed, or published, any notice, statement, or advertisement, with respect to the sale or rental of a dwelling, that indicates any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or an intention to make any such preference, limitation, or discrimination.”
When the sale of real property is necessary in a probate proceeding, the court usually allows the estate personal representative to hire real estate professionals to sell the real property.
The CAR forms are standard real estate transaction documents created by the California Association of Realtors.
“Going green” has always been a goal of California homeowners whether to reduce utility bills or be environmentally friendly.
The Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003 (“CAN–SPAM”) regulates the sending of commercial e-mails.
The CAR purchase agreement requires the buyer to actively remove contingencies.
Under the “Tax Cuts and Jobs Act” of 2017, eligible small business owners are entitled to a deduction of up to 20 percent of qualified business income (QBI).