CA RE 851A 2013 free printable template
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STATE OF CALIFORNIA BUREAU OF REAL ESTATE Real Estate MATTERS LENDER/PURCHASER DISCLOSURE STATEMENT Loan Origination RE 851A Rev. 10/13 DISCLOSURE STATEMENT SUMMARY Note If this is a multi-lender transaction and more than one property secures the loan you should refer also to the attached Lender/Purchaser Disclosure Statement Multi-Property Cross Collateralization Addendum RE 851D. If YES explain here or on an attachment. RE 851A PART 4 Page 2 of...
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How to fill out CA RE 851A
01
Obtain the CA RE 851A form from the California Department of Real Estate's website or office.
02
Fill in the 'Applicant Information' section with your personal details including name, address, and contact information.
03
Provide your license number if applicable.
04
In the 'Type of Application' section, indicate whether this is an initial application, renewal, or another type.
05
Answer any questions related to prior convictions or disciplinary actions honestly.
06
Review the form for completeness and accuracy before submission.
07
Submit the completed form to the California Department of Real Estate along with any required fees.
Who needs CA RE 851A?
01
Individuals applying for a real estate license in California.
02
Real estate professionals seeking to update their license information.
03
Applicants who have faced disciplinary actions in the past and need to disclose this information.
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People Also Ask about
What is the disclosure rule in California?
For those who don't know, California's disclosure law requires lenders who facilitate commercial financing to a borrower to disclose specific information relating to the major terms of the financing by extending a specific offer of commercial financing before the loan documents are presented to the borrower.
What disclosures are required for California real estate?
California Real Estate Disclosure Requirements California Transfer Disclosure Statement. California Natural Hazard Disclosure Statement. California Notice of Supplemental Property Tax Bill Disclosure. California Appraisal Discrimination Addendum Disclosure.
What is the new California disclosure law?
The new California legislation requires various consumer-friendly financial disclosures to be included in writing and separately signed for most non-bank commercial financings of personal property up to $500,000 with borrowers or lessees whose business is principally directed or managed from California.
What is a mortgage lender disclosure?
A Closing Disclosure is a five-page form that provides final details about the mortgage loan you have selected. It includes the loan terms, your projected monthly payments, and how much you will pay in fees and other costs to get your mortgage (closing costs).
What does a seller have to disclose in California?
What must be disclosed? Under California law, all material facts that affect the value or desirability of the property must be disclosed to the buyer. There is no specific definition or rule on what is considered to be a material fact.
Who prepares the closing disclosure form?
Lenders are required to provide your Closing Disclosure three business days before your scheduled closing. Use these days wisely—now is the time to resolve problems.
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What is CA RE 851A?
CA RE 851A is a form used for reporting information related to real estate transactions in California for tax purposes.
Who is required to file CA RE 851A?
Individuals or entities involved in real estate transactions that meet specific criteria set by California tax authorities are required to file CA RE 851A.
How to fill out CA RE 851A?
To fill out CA RE 851A, gather the necessary transaction details, complete the form with accurate information, and follow the instructions provided by the California tax authorities.
What is the purpose of CA RE 851A?
The purpose of CA RE 851A is to collect detailed information about real estate transactions to ensure compliance with taxation laws and to assist in the administration of taxes.
What information must be reported on CA RE 851A?
CA RE 851A requires reporting information such as the details of the property involved, the parties to the transaction, the date of the transaction, and any relevant financial information.
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