Prop 19 also narrowly passed in the November election, which changes some of California’s laws around property transfers. Starting in February, those who inherit property have to use it as […]
1. AB-1482 – Rent Cap and Just Cause Evictions This law mainly just applies to multi-family homes (2 units or more) or single-family homes and condos where the owner is a corporation, […]
California Proposition 19, the Property Tax Transfers, Exemptions, and Revenue for Wildfire Agencies and Counties Amendment, is on the ballot in California as a legislatively referred constitutional amendment on November 3, 2020. A “yes” vote supports this constitutional amendment to: * allow […]
California Proposition 15, the Tax on Commercial and Industrial Properties for Education and Local Government Funding Initiative, is on the ballot in California as an initiated constitutional amendment on November 3, 2020. A “yes” vote supports this constitutional amendment to […]
California Proposition 21, the Local Rent Control Initiative, is on the ballot in California as an initiated state statute on November 3, 2020. A “yes” vote supports this ballot initiative to allow local governments to enact rent control on housing that was […]
LEGISLATIVE COUNSEL’S DIGEST AB 1703, as amended, Bloom. Residential real property: sale of rental properties: right of first offer. Existing law establishes various real estate disclosure requirements applicable to the […]
SUMMER 1031 NEWS Courtesy of Asset Preservation Inc. The 1031 exchange market nationally has been like a roller coaster this past spring and summer, plummeting down in April and roaring […]
COMMERCIAL AND INDUSTRIAL PROPERTY OWNERS COULD BE HIT WITH A HUGE TAX INCREASE TENANTS WILL ALSO BE FINANCIALLY IMPACTED Proposition 15 Split Roll Tax is headed to tje ballot in […]
Today the California Senate Appropriations Committee kept SB 939 “in suspense,” effectively shutting down the bill from any further action in the Senate. SB 939 would have upended commercial leases […]
A bill in response to COVID-19 would allow the courts to force rental property owners in California to reduce rents by 25%. The bill, AB 828 by Assemblyman Phil Ting, D-San Francisco, […]
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