1. Does Not Pay to be a Residential Landlord in a Rent Control City New case entitled Fox Hills Canterbury Co, v City of Culver City. In the Fox Hills case, the owner received building permits [...]
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. 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. Homeowner Who Sues His Broker for Negligence Does Not Need Expert Witness Regarding the Negligence In the case of Ryan v. Real Estate of the Pacific, the seller’s broker held an open house [...]
1. Loan Prepared by Real Estate Broker is no Exempt from Usury A $15,000 loan was made by Burger to Gibbo, which was memorialized by a promissory note and secured by a deed of trust on Gibbo’s [...]
1. New Real Property Disclosure Requirements Existing law provides that transferor must deliver to the respective transferee a real estate disclosure form and the transferee has certain time in [...]
If You Pay Extra Money For A View Is It Protectable? I have received many phone calls over the years from homeowners who want to sue their neighbors or the City or their HOA because they have [...]
California Supreme Court Affirms Appellate Court Ruling That A Real Estate Agent Who Represented The Seller Owes Fiduciary Duties to The Buyer, Not Just Seller, In A Case Where The Brokerage [...]