Tag Archives: California real estate law

East Costa Mesa CA Home Selling Market Trends

East Costa Mesa is a most-popular area for home buyers at Orange County – and is located just inland from Newport Beach and about two miles from Newport Harbor. East Costa Mesa homeowners and residents cherish their neighborhoods, with flat … Continue reading

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Private Transfer Fees Recorded on Homes in CA Must Be Disclosed to All Buyers

The real estate developer at Ladera Ranch at South Orange County and other areas in CA have imposed and recorded Private Transfer Fees that are required to be paid by all buyers (PTFs) each time the home is sold. These … Continue reading

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California Legislature Considers New Tax on Homeowners – SB 391

California Legislature Considers New Tax on Homeowners – SB 391 The CA state legislature has been considering a new tax that would be imposed on homeowners who need to record certain documents with their counties. This $75 per document tax … Continue reading

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California Law on Smoke Detector Device Specifications Has Changed

California Law on Smoke Detector Device Specifications Has Changed BY HARRISON K. LONG  –  Professional Real Estate Sales Representative, Real estate broker, Orange County, CA. California law requires smoke detectors at homes and residential properties and that sellers are required … Continue reading

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Solar Equipment Purchase and Lease Contracts in California Home Selling

Solar Equipment Purchase and Lease Contracts in California Home Selling  –  With high cost of electricity in California, homeowners have been creative in their ways to acquire energy through solar power. One of the ways to get solar power is through … Continue reading

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California Property Tax & Mello-Roos Assessments – State Income Tax Filings Starting January 1, 2013

California government has money and budget challenges – and is expected to crack down next year – for tax year 2012 – on property tax payers who have been taking the entire amount they pay (including Mello-Roos and special assessments) as … Continue reading

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REO Sellers of Homes Required to Provide Written Disclosures to Buyers

REO buyers of homes in California should make sure that REO lender/sellers provide all disclosures that are required by law. REO lender/sellers in California are in some situations exempt from property disclosures to buyers based upon theory that they are … Continue reading

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Water-Conserving Plumbing Fixtures Must be Disclosed by California Home Sellers

California government has favored consumers for years and has a number of laws on seller disclosures to protect home buyers. New CA law – CA Senate Bill 837 – says that home sellers must disclose to buyers whether there are water-conserving plumbing fixtures. … Continue reading

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Options in California Real Estate Contract Transactions

People ask us about possible lease option agreements to sell and buy properties at Orange County, CA. California real estate contracts sometimes have OPTIONS granted to lessees and proposed buyers. A rent-to-own or “LEASE OPTION contract” usually contains an OPTION TO PURCHASE … Continue reading

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Shortened Time Frame From Default to Foreclosure at Orange County CA Real Estate

 10,898 Orange County CA properties are in the foreclosure pipeline as of today – February 15, 2012 – after filing of notice of default and prior to trustee auction sale at end of foreclosure. A recent trend at Orange County Ca real estate is … Continue reading

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