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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. The legislature passed the Ellis Act in response to the California Supreme ...
The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law enacted in 1995, placing limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [1] First, it prohibits cities from establishing rent control over certain kinds of residential units, such as single-family dwellings ...
California state investigators searched the home of California utility regulator Michael Peevey and found handwritten notes that allegedly showed he had met with an Edison executive in Poland, where the two had negotiated the terms of the San Onofre settlement, leaving San Diego taxpayers with a $3.3 billion bill to pay for the closure of the ...
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1][2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...
The California Foreclosure Process In California, the basic foreclosure process runs like this: A lender who has a loan that is 90+ days in default contacts the homeowner to "explore options for a ...
2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes may either build two 800-square-foot homes or one duplex on their property, to result in a maximum of four housing units on a formerly single-family lot, and prohibits ...
Here's a scary number: Over 200,000 California tenants are directly affected by the rise in foreclosures. A report released yesterday -- "California Tenants in the Foreclosure Crisis" -- says that ...
Historical laws. The Civil Code of California is a collection of statutes for the State of California. The code is made up of statutes which govern the general obligations and rights of persons within the jurisdiction of California. [1] It was based on a civil code originally prepared by David Dudley Field II in 1865 for the state of New York ...
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