The first quarter of 2019 saw a volume of proposed legislation relating to the rental housing industry with several bills, acts, and ordinances that could go on the ballot. The following list are of potential interest to landlords.
Several deaths during the 2017 Northern California wildfires prompted then Governor Brown to sign legislation into law requiring any automatic garage door sold after July 2019 to have a back up battery to provide power in the event of a power outage. SB 969 became law on 9/21/18 and amends 19891 of the Health and […]
A common question we are asked at our office is whether assets should be placed in a trust and why. Most homeowners are aware that if they hold title as joint tenants with a spouse when one of them passes the property goes to the remaining spouse under ‘rights of survivorship’. Although the outcome of […]
Aging in Place: Many seniors choose not to sell their property and remain in their home for a variety of reasons. It is a conscious decision to sustain the comforts that are important to them such as independence. There are supplementary services necessary to facilitate their living condition and maintain a decent quality of life. […]
Tax revenue advocates sent shock-waves throughout the commercial real estate community in the state by announcing 800,000 signatures have been collected and sent in for an initiative they hope will be in the 2020 ballot. The measure would adjust the 40-year old Proposition 13 tax ballot measure that allows only allows re-assessment of residential and […]
This November, voters will decide the course of real estate in many areas as Tax Transfer Initiative (Prop 5), and the Costa Hawkins repeal (Prop 10) will have their fate decided. Another piece of legislation that has drawn criticism from real estate organizations, Common Interest Development attorneys and Community Associations is SB 1265. The bill […]
During my many years of managing residential properties including a period as assistant manager of the HOA Division of a large real estate firm in Los Angeles, I found that there were often request for the review of specific records including association financials. Some of the request were made in light of pending litigation against […]
This year marks the 50th anniversary of the landmark hanger’s operational base here in Carson. Last December Goodyear inflated a new hangar that stands approximately 337 feet along the 405 freeway The Goodyear airship ‘Volunteer’ was previously on 158 acres off of Florence and Central Avenue in South Los Angeles and was the first tire […]