Real Estate Risk Purchasing Group

Real Estate Rpg. Norman-Spencer Real Estate Risk Purchasing Group is a risk purchasing group insurance program that allows similar real estate...

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Realestaterpg.org news digest

  • 8 years

    Owner And Listing Agents Owe Duty To Visitors To Property, Including Real Estate...

    By Candace Kallberg
    The question of notice often comes up in premises liability cases, typically brought against the owner or operator of a business.  It also arises in landlord/tenant scenarios.
    In the recent case of Hall v. Rockcliff Realtors (2013) 215 Cal. App. 4th 1134, the First Appellate District held that as the agent of the property owner, a real estate agent owes a general duty of care to all persons coming upon the property, as does...

  • 8 years

    Short Sale Sellers May Not Be Responsible for Deficiency Judgments on Purchase M...

    Recently, we have seen an increase in lenders going after short sale sellers for deficiency judgments. Section 580 of the California Code of Civil Procedure provides homeowner/borrowers some protection against deficiency judgments.
    Section 580b may protect homeowner/borrowers with purchase money loans against deficiency judgments, but many assumed until a recent California Court of Appeal decision that this protection only applied after a foreclosure. Section 508e may protect homeowner...

  • 8 years

    How to get better E & O premium terms

    Errors and omissions insurance is one of the key coverage types the real estate industry relies upon to help it manage claims. When weighing different insurance carriers, many real estate companies will undoubtedly compare premium pricing and services...

  • 8 years

    Are You Exposing Yourself to Non-covered Liabilities?

    Brokers and agents often enter into contracts that contain an indemnity clause, assuming that these clauses are inconsequential and/or boilerplate at best.  Nothing could be further from the truth.  While nearly every contract typically contains an indemnity...

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Web host: GoDaddy.com, LLC
Registrar: Public Interest Registry
Registrant: Norman-Spencer Agency
Updated: March 16, 2020
Expires: May 07, 2021
Created: May 07, 2013

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