This post is part of a series about new 2015 California Real Estate laws. Click here to see the series. Document Bundling Prohibited by HOAs: Sellers must now pay all fees This California Association of Realtors (CAR) sponsored bill prohibits the practice of document bundling (requiring the purchase of a package of documents together with the […]
Real Estate Definitions
2015 California Real Estate Laws: No Shill Bidding At Real Estate Auctions
This is part of our series about new 2015 California Real Estate laws. Click here to see the series. This new law prohibits anyone from causing or allowing any person to bid at a sale for the sole purpose of increasing the bid on any real property being sold by the auctioneer. An auctioneer or another […]
2015 Real Estate Laws: Solar Energy Property Tax Exclusion Extended
This is part of our series about new 2015 California Real Estate laws. Click here to see the series. SOLAR ENERGY PROPERTY TAX EXCLUSION EXTENDED This California law extends a solar tax exemption for new active solar energy systems until 2025. The existing law (set to expire in 2017) bars property tax increases based upon the […]
2015 California Real Estate Laws: Purchase price is no longer a secret
This post is part of a series about new 2015 California Real Estate laws. Click here to see the series. California Real Estate Laws: Documentary Transfer Tax – Purchase price is no longer a secret This law repeals the right of a principal buyer to request that the transfer tax be shown on a separate document, thus shielding it from […]
2015 Real Estate Laws: Tax Exemption for Mortgage Debt Forgiveness
Today begins our series about new 2015 California Real Estate laws. Click here to see the series. 2015 Real Estate Laws: Tax Exemption for Mortgage Debt Forgiveness This law extends California’s exclusions of taxation of mortgage debt forgiveness for qualified principal residence indebtedness in partial conformity with the federal Mortgage Forgiveness Debt Relief Act of 2007. […]
The Government Shutdown And The Housing Market
We’re not quite sure how the government shutdown and the housing market affect each other yet–but we do know that more than 90% of the residential housing market depends on the government and/or the Government Sponsored Enterprises for underwriting, insurance, and funding. We’ll be keeping our eye on this for you and updating you with […]