THE MOST RECENT LAWS/ORDINANCES/CASES INVOLVING REAL ESTATE 1. SB 567 Passes – Bad News for Landlords!! SB 567, which I reported on several months ago, has passed. It has been watered down a bit [...]
1. New Laws for 2023 a. SB6, called Middle Class Housing Act establishes housing as allowable use on any parcel zoned office or retail. In some instances, ministerial approval is only required! [...]
1. City of LA Mansion Tax Faces Legal Challenges in New Lawsuit Equal Protection Clause of Constitution raised in complaint in case filed by Newcastle Countyards LLC v City of LA. a. Tax is [...]
1. City of LA Mansion Tax Starts April 1 If you own a home or apartment building that is worth $5 Million or more, now is the time to sell in order to avoid the tax. For example, if you sell home [...]
1. AB 1482-Rent Control Cheat Sheet For those of you who own apartments that are subject to California rent control, you need to know: Rents can be raised only once a year. The current raise [...]
1. Covid-19 Lawsuits Covid-19 lawsuits against insurance companies seeking insurance benefits under Business Income, Extra Expense, or Civil Authority provisions of policies so far have been [...]
1. Liquidated Damages are Unenforceable If They Bear No Reasonable Relationship to the Range of Actual Damages the Parties Anticipated Would Flow from a Breach In the case of Graylee v Castro, [...]
1. Proposed New Law Will Allow Restaurants-Bars to Get Out Of Lease Under Senate Bill 939, California could allow businesses especially independent restaurants, bars and cafes to get out of their [...]
1. 25% Automatic Rent Reduction There is a pending Assembly Bill 828 which will require all residential landlords to reduce rent by 25% for a year for renters with coronavirus hardships. [...]
1. Senate Bill 329 and Senate Bill 222 Requires Landlords to Accept Section 8 and Vash Vouchers and Other Forms of Rental Assistance As of January 1, 2020, you can no longer inform a prospective [...]