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New & Revised Forms Released

January 2, 2019

On Dec. 10, 2018, C.A.R. and zipForm® released 2 new forms and 32 revised forms. The new forms:  • The Buyer Pre-Occupancy Storage Agreement (POSA)  • The Summary of Offer RIPA (SUM-RIPA) The revised forms: • 12 were revised to make them easier to understand and use. • The remaining 20 revised forms include statutory changes […]

Filed Under: At A Glance, Government Affairs, Industry News Tagged With: 2019, Agency law, C.A.R., disclosure, Dual agency, Jan. 1, new form, new law, Realegal®, zipForm

FHA Loan Limit Increase Jan. 1

December 18, 2017

Following on the heels of the Federal Housing Finance Agency, the Federal Housing Administration announced this month that it will increase its loan limits in most areas of the country in 2018. The FHFA had announced new limits for loans eligible for purchase or guarantee by Fannie Mae and Freddie Mac on Nov. 28. In […]

Filed Under: At A Glance, Government Affairs, Industry News Tagged With: 2018, Fannie Mae, Federal Housing Administration, FHA, Freddie Mac, Jan. 1, loan limit, mortgage loan

Client Tip: Sign Before Jan. 1 to Avoid Tax

December 4, 2017

Some home sellers would need a sale contract inked before the end of 2017 in order to avoid a big tax bill that would be imposed if the tax reform being proposed become law. Both the House and Senate bills would require sellers to have lived in their residence for a longer period of time–at […]

Filed Under: At A Glance, California News, Government Affairs, Industry News Tagged With: 2018, Capital gains, Jan. 1, Tax, Tax proposal

New Rule: Before You Order New Business Cards…

May 8, 2017

New advertising standards take effect Jan. 1, 2018. AB 1650 makes significant changes to Business and Professions Code § 10140.6 expanding what must be included in advertising materials, including business cards, “for sale”, “open house”, lease, rent and directional signs, stationary, advertising flyers, and print and electronic advertising.  So, before ordering new advertising materials,  make […]

Filed Under: At A Glance, California News, Government Affairs, Pro Tips Tagged With: 2018, AB 1650, business card, Ethics, higher standard, Jan. 1, REALTOR®, Rule change; disclosure

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