Condominium Condominums have an exclusive fee interest in a unit and an undivided fee interest in a common area as shown on the recorded condominium plan. […]
Exempt Transactions Under Documentary Transfer Taxes Some real estate transactions are exempt from the Documentary Transfer Tax under the State Revenue and Taxation Code Section […]
Supplemental Property Tax Supplemental real property tax law is part of a drive to help California’s education system. This law affects homeowners wishing to buy […]
Governor Arnold Schwarzenegger signed Senate Bill 306 (SB 306) into law on August 5, 2009. SB 306 requires a beneficiary to prepare and deliver a response […]
What are propositions 60, 90 and 110? Propositions 60, 90, and 110 are constitutional amendments approved by California voters. They provide for the transfer of the […]
Propositions 58 and 193 Propositions 58 and 193 are two constitutional initiatives to provide property tax relief by preventing reassessment of value when real property is […]
An REO Lender CANNOT require buyer to purchase title insurance from any particular company Have you ever seen REO and short sale listings with the disclaimer, […]
Mello-Roos Districts What is a Mello-Roos District? A Mello-Roos District is an area, often a newly developed one, within a Community Facilities District that chooses […]
