A Residential Tenant Must Allow The Home To Be Shown On A Reasonable Basis With At Least 48 Hours Notice

Posted on February 9, 2015 by

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Homeowner Responsible for Completion of HOA Addendum

Posted on February 9, 2015 by

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Death In The Home Need Not Be Disclosed

Posted on January 30, 2015 by

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The HOA Cannot Charge Fee For Disclosure Documents Until Close of Escrow

Posted on January 30, 2015 by

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Tenants Are No Longer Protected From Foreclosure

Posted on January 29, 2015 by Nikki Salgat

In 2009, the Protecting Tenants at Foreclosure Act (the “Act”) was enacted to protect tenants facing foreclosure by the landlord’s lender. Specifically, if the tenant was occupying residential property pursuant to a bona fide written lease, the tenant was generally entitled to continue residing in the property for the duration of the lease term. However, […]

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Don’t Forget Your 1099!

Posted on January 22, 2015 by Lauren Streiff

Have you paid (or earned) a cooperative commission in the last year? Then you’ll need to complete Form 1099-MISC in the coming weeks. Commissions over $600 paid to non employees warrant the need to for the 1099. Not sure who needs to file? Here is more information via NAR: IRS Requires Reporting of Cooperative Commissions […]

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A Designated Broker Is Responsible To Reasonably Supervise Agents Licensed With The Brokerage Firm

Posted on January 22, 2015 by

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Prepossession and Post Possession Risks

Posted on January 21, 2015 by Nikki Salgat

Prepossession and Post Possession agreements carry inherent risks and raise a variety of issues. However, there are times that a buyer would like to move into the property before close of escrow (prepossession) or the seller would like to stay in the property following close of escrow (post possession). For instance, the buyer’s lease may […]

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Unmanned Aerial Vehicles Are Not Allowed For Commercial Purposes

Posted on January 16, 2015 by

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Best Practice Use of the HOA Addendum

Posted on January 16, 2015 by Nikki Salgat

The newly revised H.O.A. Condominium / Planned Community Addendum (HOA Addendum) is scheduled for release on Monday, February 2, 2015. With the revision comes a change in the way the HOA Addendum is used. Accordingly, this article is intended to educate REALTORS® on best practices in using the new HOA Addendum. Before discussing the use […]

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