Tag: conversion

Unused commercial space continues to convert into much-needed apartments

by Ashley Collins | Dec 9, 2022 | Commercial, first tuesday Local, Laws and Regulations, New Laws, Real Estate | 0

California’s housing shortage has a new source of aid: conversions from commercial property to much-needed multi-family units.

Governor Newsom opens up commercial zoning for residential use

by Amy Perry | Oct 20, 2022 | Commercial, Investment, Laws and Regulations, New Laws, Real Estate | 0

Governor Newsom signed two pieces of legislation into law in September 2022, both of which streamline commercial conversions into residential buildings: Senate Bill 6 and Assembly Bill 2011.

DRE Hot Seat: Trust funds are held “in trust” and belong to another

by Amy Perry | Sep 1, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to disburse trust funds to the owner of the funds.