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Proposition 5 is a California ballot proposition that was voted on as part of the 2024 California elections on November 5. It failed, with 55.0% of voters voting "no." [ 1 ] If passed, the proposition would have amended the California Constitution to reduce the supermajority requirement from two-thirds of the vote to 55% for local bond measures ...
It had been supported by a mainstream real estate group, the California Housing Council (CHC). In response to the veto, the real estate industry managed to get an initiative, Proposition 10, on the state ballot for 1980. [20] It was soundly defeated, however, 65% to 35%. [21] [22]
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 ]
Late last year, a jury in a Kansas City federal court found the longstanding practice to be a form of collusion that artificially inflated real estate fees, awarding a massive $1.78 billion ...
Waldorf, Md.-based real estate agent Jon Benya, who works with many government workers, contractors, and members of the military, said Trump’s talk of slashing the size of the federal government ...
From stock market news to jobs and real estate, it can all be found here. ... prices have risen the most in 2024; CBS News ... a bid by landlord groups to challenge rent stabilization laws in New ...
[5] [6] Before initiative proponents may gather signatures, the Attorney General prepares an official title and summary for the proposed law, and the California Legislative Analyst's Office submits a report on its estimated fiscal effects. There is a 30-day public review period that begins after the Attorney General receives the submission and ...
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 ...