California’s legislature promotes solar energy by empowering owners and tenants of mobilehomes to freely install and use solar energy systems without any type of interference from the owner or manager of the mobilehome park.
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Residential property for sale equipped with a state-assistance water tank requires the seller and seller broker to disclose to prospective buyers that the water tank is not part of the property acquired.
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A mobilehome park manager may tow a vehicle that violates park rules, unless it is a vehicle required for work or employment.
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Always enter into a written employment agreement with the buyer using RPI Forms 103.1 and 103.2. Renew or extend the retainer period with RPI Form 103.1A or 103.2A.
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With new California legislation, it’s now mandatory practice for a buyers broker to enter into an employment agreement with buyer clients before a purchase agreement is submitted.
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In response to the rent crisis, the state of California passed the Stable Affordable Housing Act of 2023. [Calif. Health and Safety Code §50610]
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Calif. Health and Safety Code §50426
Amended to add subsection (c) by AB 1508
Effective date: January 1, 2024
Calif. Civil Code §1954.53
Amended to add subsection 4(A) by AB 1620
Effective date: January 1, 2024
HOA’s will soon be further restricted in how much they can increase their regular assessments.
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Review the the legislative changes and economic shifts which impacted real estate during 2023 and read our forecast for the property market in 2024.
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Legislators are limiting the power of local city councils to prohibit adaptive reuse projects.
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California’s attorney general will now be able to take swifter action against wayward city councils refusing to follow low- and moderate-income housing solutions in their communities.
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A new law requires three new sections to be added to the Environmental Hazards booklet.
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The credit check requirement is a major roadblock for prospective Section 8 tenants who are otherwise qualified to pay rent.
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California legislators are seeking to smooth the path for more shelters.
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Security deposit rules are tightening for California residential landlords in 2024.
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The Inflation Reduction Act (IRA) adds several incentives for builders and multi-family property owners making energy efficient improvements.
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A local government’s general plan doesn’t always mesh with local zoning ordinances.
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AB 976 is the latest in a long line of pro-ADU legislation to make its mark on California’s anemic housing landscape.
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With authorities cracking down on misleading advertising, brokers and MLOs will be wise to take this opportunity to ensure their adverts are in compliance.
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