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California Senate Bill 202, passed in 2011, mandated that initiatives and optional referendums can appear only on the November general election ballot, a statute that was controversial at the time, being seen as a self-serving, single-party initiative; [3] the November general election rule for initiatives and optional referendums has ...
Passed: Banning affirmative action in the public sector (employment, education, etc.) Proposition 215 (1996) Passed: Legalizing medical marijuana under California law. Proposition 218 (1996) Passed: Right to vote on local taxes; assessment and property-related fee reforms; initiative power expansion in regard to local revenue reduction or repeal.
These laws can govern your mortgage relief options if you are already in foreclosure, how to post a Notice of Sale, the sale timeline and other parts of the process. Step 1: Missed mortgage payments
Foreclosure of chattel mortgages (mortgage of movable property) are governed by Sec. 14 of Act No. 1506, which gives the mortgagee the right to sell the chattel at a public sale. It has also been held that as regards chattel mortgages, the law does not prohibit that the foreclosure sale be done privately if it is agreed upon by the parties. [49]
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 ...
Federal law usually requires a homeowner to be more than 120 days overdue before starting foreclosure, but earlier action can occur if there’s no communication with the lender.
Parties needed to be notified of the foreclosure by law; The process of foreclosure starts when the trustor (borrower) defaults in the loan obligation performance to the lender. Each state prescribes particular or specific laws when it comes to the process of foreclosure and the notices required.
A foreclosure can mar your credit report for seven years from the date of your first missed payment. During that time, it can affect your credit score and the way other lenders view your ...