October 9th, 2023 at 12:57 pm
Multiple Choice Question: Can a seller demand that a buyer use a certain title insurance company? Pick the best answer:
A. Yes.
B. Yes, if the seller is paying for the homeowner’s title insurance policy.
C. No, if the transaction falls under RESPA, which pertains to sales involving one-to-four residential units with a federally-related mortgage loan.
D. No. (more…)
October 2nd, 2023 at 1:47 pm
Multiple Choice Question: Which of the following is a true statement? Pick the best answer:
A. A landlord must allow a disabled tenant’s service animal.
B. A landlord must make reasonable accommodations for a disabled tenant’s support animal.
C. A landlord can prohibit pets.
D. All of the above. (more…)
September 24th, 2023 at 11:56 am
Fact Pattern: You are the listing agent for a sales transaction using C.A.R.’s Residential Purchase Agreement (RPA). After contract acceptance, the buyer’s agent, John Doe, sends over a one-page, stand-alone Designated Electronic Delivery Address Amendment (DEDA Amendment). He wants you to complete and sign that form.
Multiple Choice Question: What should you do? Pick the best answer:
A. If John Doe merely inserted his own DEDA email address on the DEDA Amendment, go ahead and sign and return the form.
B. If John Doe merely inserted his own DEDA email address on the DEDA Amendment, go ahead and insert your DEDA email address, and sign and return the form.
C. If John Doe inserted both his own and your DEDA email addresses, go ahead and sign and return the form.
D. Do not sign or return the form. (more…)
September 18th, 2023 at 2:30 pm
What is a DEDA?
A DEDA or “Designated Electronic Delivery Address” is a specially designated email address (and/or texting phone number) of a real estate agent involved in a sales transaction under C.A.R.’s Residential Purchase Agreement (RPA). When agents voluntarily check their own “DEDA” checkbox, any RPA-related documents from the other side of the transaction shall be deemed delivered when such documents are sent to that DEDA (see paragraph 25K of the RPA). As an example, let’s say that a buyer’s agent checks the box agreeing that his or her own email address will be used as a DEDA. In that case, an RPA-related document (such as notices, disclosures, and reports) that the listing agent emails to that DEDA shall be deemed delivered to the buyer’s agent when the listing agent sends the email, regardless of whether or when that buyer’s agent actually receives the email. (more…)
September 11th, 2023 at 12:34 pm
Multiple Choice Question: A landlord receives and reviews a prospective tenant’s rental application and supporting documentation, including a consumer credit report. The landlord decides not to rent to the applicant. Is the landlord required to give the applicant a reason for the denial? Pick the best answer:
A. Yes.
B. Yes, because the landlord cannot refuse to rent based on race, color, sex, and other fair housing categories.
C. No.
D. No, unless the reason is the applicant’s credit. (more…)
