Legal Updates
CRES Risk Management Webinar: Possible Pitfalls of Real Estate Whisper Listings
Given the current Seller’s market and scarcity of homes for sale, office- exclusive listings (also called whisper listings) have become a more common occurrence. In this situation, a broker/agent takes a listing with a buyer in mind, so the property is never advertised to the general public via the MLS and/or other public sources. ThisRead More
California’s Home Hardening Fire Disclosure Law
The State of California enacted legislation on 2019 effecting homeowners beginning January 1, 2020 who place their homes on the market to sell. Any seller after construction of his or her home that has received a final governmental inspection report in compliance with California Government Code sections 51182 and 51189 (home hardening laws) is requiredRead More
Safer Practices for Rejecting Real Estate Offers
If you’re buried in offers (usually a good problem to have), this webinar covers some key points to know to stay out of trouble. (We talk with an attorney in Nevada, but her suggestions may apply to your state as well. Be sure to review your own state regulations.) Nevada Revised Statutes 645.254(4) states that, “ARead More
CRES Risk Management Webinar: Preventing Claims in this Hot Seller’s Market – Part 2 (Nevada)
Escalation Clauses, Appraisal Addendums, and More In a hot seller’s market, there are increased risks for real estate professionals. And we’ve uncovered more of them in looking specifically at Nevada. In this webinar, attorney Kathryn Holbert, from Farmer Case & Fedor, and Dave Miller, who manages the CRES Advantage Home Warranty Plan, discuss how realRead More
CRES Risk Management Webinar: Owner Licensing for Long-Term Rentals – Denver County
Denver City Council recently passed a new bill that imposes licensing restrictions on long-term rental property owners. In this webinar, attorney Anthony Lally from White & Steele, and Dave Miller, Regional Vice President of Fidelity National Home Warranty, discuss what these changes mean for property owners and real estate professionals. This informative webinar covers: WhatRead More
CRES Risk Management Webinar: Preventing Claims in this Hot Real Estate Seller’s Market – Part 1 (Colorado)
In many markets right now, there’s a limited amount of inventory and a surging demand for property. In this “hot seller’s market” with fast-moving properties, real estate professionals face increased risks. In this webinar, attorney Jim Meseck, from White and Steele, and Dave Miller, who manages the CRES Advantage Home Warranty Program, discuss how realRead More
Updated Guidelines in California for Real Estate Open Houses – May 2021
On May 12, 2021, the California Dept. of Public Health (CDPH) updated its guidance on open houses to allow in-person showings of properties, such as open houses. The guidance states that those holding open houses must follow the indoor capacity limits within the CDPH social gatherings guidance. CDPH gatherings guidance. Under the Yellow Tier, the guidance for social gatherings isRead More
Denver City Council Bill 21-420 and Its Effect on the Denver Real Estate Market
Recently, the Denver City Council passed Bill 21-0420, which imposes licensing requirements on property owners offering long-term rentals within Denver County. (A copy of this signed bill can be found at the here) The City Council’s passage of Bill 21-0420 will undoubtedly impact potential buyers looking to invest in residential rental property. The real estateRead More
Avoid Being Sued for Discrimination by Carefully Following the Fair Housing Act Standards in All Real Estate Advertisements
Realtors®, property managers and leasing agents: you can inadvertently and unintentionally become liable for racial discrimination if you aren’t careful in advertising for housing, whether in MLS or other publications. What you may not know about ads and Fair Housing The Fair Housing Act makes housing discrimination based upon race illegal. You may not realizeRead More
Proper Screening of Tenant Applicants in California by a Landlord or Property Manager
A landlord or his or her property manager in California at most can charge a potential tenant fifty- dollars and ninety-four cents ($50.94) as an application fee where the fee cannot exceed the actual cost for the application taking into account the Consumer Price Index which changes on a yearly basis. The application fee isRead More