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Converting a rental property into a primary residence is possible, but doing so can have unwanted tax implications if you go in blind. Fortunately, tax exemptions are available through Section 121 ...
The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing.
Also known as the Cal 3 measure, would have divided California into three U.S. states, subject to approval by the U.S. Congress. [46] Removed from the ballot by order of the California Supreme Court on July 18, 2018, for further legal review. [47] 10: Failed Expands Local Governments’ Authority to Enact Rent Control on Residential Property.
In the 1997 Kavanau case, [76] a rental property owner challenged the City of Santa Monica's rent control law as a form of "taking" or inverse condemnation prohibited by the federal Constitution. The California Supreme Court affirmed the rulings by lower state courts in favor of the city.
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Proposition 33, titled Expands Local Governments’ Authority to Enact Rent Control on Residential Property, and also marketed as the "Justice for Renters Act", was a California ballot proposition and initiative statute in the 2024 general election that would have repealed the Costa–Hawkins Rental Housing Act and allowed localities to enact ...
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Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...