Most Common Mistakes on the Transfer Disclosure Statement (TDS)
The California Transfer Disclosure Statement (TDS) is one of the most important forms in a real estate transaction—and also one of the most overlooked. Agents often miss key details like the disclosure date, occupancy status, or properly completing Section I. Learn the most common mistakes and how to avoid them to protect your clients, reduce liability, and keep transactions moving smoothly.
New "Flipper" Disclosure: What Realtors Need to Know
As of July 1st, 2024, California’s new Flipper Disclosure Law changes the rules for sellers who flip properties. If a home is resold within 18 months of purchase and work has been done on it, sellers must now disclose alterations, provide permits, and share contractor details. For Realtors, this means guiding sellers through compliance, advising buyers on what the disclosures mean, and reducing the risk of deals falling apart. Transparency is the new baseline—knowing these requirements keeps transactions smoother and protects everyone involved.