February 12th, 2018 at 12:08 pm
Multiple Choice Question: With Valentine’s Day around the corner, I’m going to propose marriage to my girlfriend. I do not want a prenuptial agreement, but I would like to know my property rights. Years ago, I bought a property as a single man. If I now get married, will that property still be my separate property or will it be community property? Pick the best answer:
A. Separate property.
B. Community property.
C. It depends.
D. Both separate property and community property. (more…)
February 5th, 2018 at 11:41 am
Question: I am the tenant’s agent for a one-year lease of a high-end property. The property is listed for lease in the MLS by another brokerage. If the tenant eventually renews the lease or buys the property, I know that the listing agent is likely to be entitled to compensation under the terms of the C.A.R. Lease Listing Agreement. Will I also be entitled to a commission? (more…)
January 29th, 2018 at 1:07 pm
Question: I am helping a client write up an offer to purchase. My client is a trustee of a family trust that will be going on title as the property owner. My client says he is the only one who needs to sign the purchase agreement on behalf of the trust, but there are other co-trustees. Is my client correct? (more…)
January 22nd, 2018 at 2:50 pm
Multiple Choice Question: We are the buyer’s agent for a “pocket listing” that is not in the MLS. The agent representing the seller works for another brokerage. What form do we use to make sure we get paid a commission? Pick the best answer:
A. Buyer Representation Agreement – Exclusive.
B. Cooperating Broker Compensation Agreement.
C. Single Party Compensation Agreement.
D. All of the above. (more…)
January 15th, 2018 at 9:51 am
Starting January 1, 2018, a new law requires a home inspection for the sale of one-to-four residential units to include a noninvasive physical examination of the pool or spa. Additionally, the home inspection report must identify which, if any, drowning prevention safety features the pool or spa is equipped with. The inspection report must also call out any pool or spa that does not have at least 2 of 7 acceptable safety features. (more…)
