LA Mansion Tax
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 [...]
LA Mansion Tax Starts April 1
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 [...]
Broker Scams His Client
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 [...]
Fiduciary Duty of Real Estate Agent
New Real Estate Laws Passed In 2016 Advertising Requirements Using “Team Names”. Business and Professions Code Sections 10159.5 through 10159.7 governs the use of a “team name” and a fictitious [...]
Broker/Salesperson Laws
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 [...]