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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]
A law prohibiting the concealed carry of firearms in most public places took effect on January 1, 2024, after the Court of Appeals for the Ninth Circuit paused an injunction District Court for the Central District of California judge Cormac J. Carney implemented in December 2023. [19] The Ninth Circuit ruled on January 7 that the law could not ...
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 ]
Even though interest rates are higher, commercial real estate debt has increased in 2024. Small banks have issued over $2.0 trillion in loans, up from $1.9 trillion in April 2023.
A new Regulation Z (12 CFR 226) of the Truth in Lending Act was adopted in 2008 (73 FR 44522) to help prevent the improper influence of appraisers and to reduce the chances that appraisers would be pressured to "hit" certain target property values or return pre-determined, unsupported valuations when appraising real property.
Here’s some real talk from Palm Paradise: “A leaking roof can be patched, but that’s just borrowing time; eventually, the whole thing will have to be replaced.”
California Forever is an American real estate development corporation founded by Jan Sramek. Through its subsidiary Flannery Associates, California Forever anonymously purchased over 50,000 acres of farm land in southeastern Solano County , on the edge of the San Francisco Bay Area .
The federal government’s massive real estate footprint faces scrutiny as Tesla CEO Elon Musk and former presidential candidate Vivek Ramaswamy prepare to lead Donald Trump’s new Department of ...