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Opposition from realtors help defeat two bad rental housing bills in sacramento

Virtual Advocate
Effective lobbying from C.A.R., and especially, outspoken opposition from REALTORS® on C.A.R. Legislative Days this year, have helped defeat two bills in the State Legislature that would have imposed onerous regulations on the rental housing market.

Opposition to AB 2710 (Kalra) Residential Real Property: Right of First Offer, was one of the “hot issues” for this year’s Legislative Day.  This bill would have prohibited rental property owners from selling their property to someone other than a so-called “qualified entity” for up to almost one year.  The bill would have applied to any residential multifamily property and any single-family home or condo with a current tenant.  The rental property owner who wished to sell their property would have had to first provided a “disclosure package” to each “qualified entity.” Depending upon the circumstances, such as the type of property and the entity’s ability to secure financing, AB 2710 provided that this process could potentially take anywhere from several months to up to almost 1 year. AB 2710 was pulled by the author from its scheduled hearing in the Assembly Housing and Community Development Committee.

Opposition to AB 2469 (Wicks) Statewide Rental Registry was a hot issue for this year’s Virtual Legislative Day held earlier this year.  This bill would have established a statewide rental registry that would force housing providers to annually submit, and continually update, proprietary business information to the California Department of Housing and Community Development. Those housing providers who failed to submit this information would have been unable to raise the rent or evict a tenant – even an unscrupulous tenant engaged in criminal activity. AB 2469 failed to pass out of the Assembly Housing and Community Development Committee by the Legislature’s policy committee deadline.

AB 2469 and AB 2710 are now considered “dead” in the legislature, meaning they will not move forward in the current session.

 

North bay association of realtors open enrollement june 1!

Guaranteed approval (no health and underwriting) for eligible Members.

Kaiser has several plans to choose from including two HSA compatible plans.
WHA is an HMO with hospitals and providers throughout the North Bay.   

If you are on an individual Covered California plan, please contact us to compare.
Please contact Leticia Gonzalez of Austin & Austin Insurance Services, Inc. a Division of Brown & Brown; leticia.gonzalez@bbrown.com, or go to www.a-ains.com and click on NorBAR®

 

broker tour rules

The Marketing Meetings and Broker Tours are a service of the North Bay Association of REALTORS.  Participants in the meetings must be members of the Association.  Only listings from North Bay members will be showcased at the meeting.

Properties must have a status of Active and the broker tour information input in BAREIS by noon the day before the meeting to be included in the tour.

The listing agent or a REALTOR representative must be present at the respective marketing meeting to confirm the property will be available to tour.  If no one is present to confirm, the listing will be removed from tour.

While is it encouraged, the listing agent does not need to be present at the property.  This information should be relayed at the marketing meeting.

The property may not be placed on tour a second time unless:

  • The price has been reduced at least 10%
  • The property has been off the market with the listing company for more than 30 days or it is a new listing with another company
  • There has been a major remodel to the property

More information and broker tour schedule.

not for rent posters

Rental scams are still occurring.  Use these posters at your properties to put the public on notice that your listing is not for rent. 
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bareis update

Video:  Rules and MLS Changes

Avoiding antitrust issues

Learn how the antitrust laws apply to real estate and how you can avoid the perils of anti-competitive behavior, which can lead to federal and state enforcement, criminal fines and imprisonment, and civil damages.