New NAR Regulation on Pocket Listings

Reaffirming the longstanding and obvious procompetitive benefit of the Multiple Listing Service, the National Association of Realtors (“NAR”) board of directors voted 729-70 on Monday to pass a restriction on “pocket listings” and “private listing networks.”

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Posted on November 14, 2019 at 6:31 pm
Intero | Category: Pivot

How to Count “Days” on a Notice to Perform

One of the many questions we receive from real estate agents is how to count “Days” in the California standard purchase contracts (CAR and PRDS).

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Posted on October 30, 2019 at 3:25 pm
Intero | Category: Pivot

New Bills Enacted to Address Affordable Housing Crisis

Last Tuesday, Gov. Newsom signed a dozen real estate related bills into law to address the state’s rising housing crisis.

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Posted on October 17, 2019 at 7:58 pm
Intero | Category: Pivot

Request for Repair

The PRDS and C.A.R. contracts are set up to allow a buyer to investigate the property and request repairs during the inspection contingency period.

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Posted on October 3, 2019 at 4:06 pm
Intero | Category: Pivot

Statewide Rent Control Passed by California Legislature

As many people in the industry are aware, the California legislature passed AB 1482 last week, commonly known as the statewide “rent cap bill.”

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Posted on September 18, 2019 at 6:14 pm
Intero | Category: Pivot

Earnest Money Deposit Disputes

The most common claim buyers and sellers make against each other is for the release of the “earnest money” deposit.

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Posted on September 5, 2019 at 7:06 pm
Intero | Category: Pivot

New Proposition 65 Warning Requirements

As of July 1, 2019, California landlords and property managers with more than ten employees might have to comply with new warning requirements under California’s Safe Drinking Water and Toxic Enforcement Act (“Prop 65”).

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Posted on August 22, 2019 at 6:48 pm
Intero | Category: Pivot

Off-Market Listing and Fair Housing

Off-market listings, also known as “exclusive” or “pocket” listings, happen when the property is withheld from the MLS.

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Posted on August 12, 2019 at 4:35 pm
Intero | Category: Pivot

Cancellation Right Associated with Delivery of the Visual Inspection

On January 1, 2019, several real estate “clean-up” laws become effective to eliminate confusion in the existing law.

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Posted on August 1, 2019 at 6:14 pm
Intero | Category: Pivot

Top 5 Consiglieres

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.
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Posted on July 11, 2019 at 10:15 pm
Intero | Category: Pivot