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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

Kalin led a segment on best practices for legal matters that agents may face when assisting Altadena residents. ” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. Landlords cannot raise rents by more than 10% until then.

Realtors 358
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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Buyers, on the other hand, view earnouts as a risk mitigation tool to avoid paying too much, particularly if there is uncertainty regarding future performance of the business. Earnouts are contingent payments based on Buyer achieving future financial targets that may never happen.

Mortgage 415
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Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 488
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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

Housing Wire

The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially inflate rents through the sharing of private information. A DOJ official said that additional landlord defendants could be added to the complaint in the future.

Landlords 435
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EasyKnock under fire for “deceptive” sale-leaseback practices in Massachusetts

Housing Wire

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.

Tenants 429
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Real estate industry is in flux after shocking guilty verdict in commission lawsuit trial

Housing Wire

One option is that NAR and the MLSs can no longer require cooperative compensation, but listing agents and their sellers can still offer the buyer broker compensation if they so choose. It is a situation where buyers need to pay their own agents and sellers have to pay their agent separately?”

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VA Issues Grants in the Fight Against Homelessness

Appraisal Buzz

million in legal services grants to a total of 108 public and non-profit organizations, all with the goal of increasing access to legal services for eligible U.S. Legal services provided This grant program is enabled by the Johnny Isakson and David P. Department of Veterans Affairs (VA) has awarded $26.8

Legal 221