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The California Real Estate Association also supported California Proposition 10 on the November 1950 election ballot (adding Article 34 to the California Constitution and known as the "Public Housing Project Law") which made it significantly more difficult to build low-rent housing projects in California communities. [13]
The injury must be permanent, not just a temporary loss. Some courts will hold even a minor battery as mayhem if the injury is not minor. Mayhem in the U.S. is a felony in all states and jurisdictions, including federal. In the states of California, Vermont and Oklahoma, mayhem is punishable by up to life imprisonment. In other states where ...
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
The 1963 Rumford Fair Housing Act that outlawed discrimination in housing was effectively nullified by California Proposition 14 in 1964. This legislation, sponsored by the California Real Estate Association and conservative state institutions, affirmed the property owner's right to refuse to sell, rent or lease their property based solely on race.
A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [ 5 ]
Burnett v. National Association of Realtors (formerly Sitzer v. National Association of Realtors) is a class-action lawsuit challenging the fees charged by real estate agents in the United States. The case was filed against the National Association of Realtors and some of the largest brokerages in the
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The real estate surge is predicted to take place primarily in the South and the West, including states like California, a state with 10 regions in Realtor.com’s top 100 of 2025.