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C.A.R. Opposing Bill to Expand Rent Control

VOTE COULD BE TODAY!!

C.A.R. is OPPOSING AB 2502 (Mullin), a bill that would weaken the rent control limitations contained in the landmark "Costa-Hawkins" law sponsored by C.A.R. in 1995. C.A.R. opposes AB 2502 which undermines existing Costa-Hawkins' protections by allowing local governments to impose mandatory inclusionary zoning (i.e. rent control) on newly constructed rental housing, without any consideration for the economic viability of the project.

AB 2502 effectively repeals part of the C.A.R. sponsored Costa-Hawkins legislation that says new construction in a rent control jurisdiction is exempt, or NOT subject to rent control. It is vitally important that you reach out to your elected representative today!

AB 2502 could be considered by the entire Assembly as soon as TODAY.

Action Item

• Call your Assembly Member TODAY. Assemblyman Jay Obernolte
• Urge him or her to oppose AB 2502.

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Homeowner Legislative Facts

REALTORS® often comment that they are always seeking fresh content for their various marketing vehicles – blogs, newsletters, web sites, etc. Since so much of what C.A.R. does in the legislative arena protects not only REALTORS®, but their clients as well, C.A.R. has created Homeowner Legislative Facts, a regular compilation of articles about laws and legislation that your clients may find valuable. You can simply copy and paste the stories into your own marketing materials or, homeownerLegisFactsbetter yet, you can easily share each article using social networking like Facebook, Twitter or LinkedIn. Just click on your choice of icons with each article.

To view the new and improved Homeowner Legislative Facts page, either click on the logo above or use this link: http://homeownerfacts.org/ 

If you have questions about this program or its contents, please contact DeAnn Kerr This email address is being protected from spambots. You need JavaScript enabled to view it.

We're more than just REALTORS®

As Champions of Home™, California REALTORS® are optimists. Helpers. Explorers of neighborhoods. And friends of the community. It's our job to help with the piles of paperwork. The mind-numbing details. And intimidating issues associated with real estate. So, whether buying or selling a home, count on a REALTOR®. We help millions of Californians close on their dreams everyday.

Here's how we can help:

1. REALTORS® can help you wade through the cumbersome and often complicated paperwork that goes hand-in-hand with any real estate transaction, making sure the proper forms are filled out correctly and on time. This includes the crucial purchase agreement, which serves as the contract between a buyer and seller, and is used to formally identify a purchase price; list terms and conditions pertaining to the sale time frame; and other details, such as a written commitment by the seller to cover the costs of any necessary repairs.

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Why Use a REALTOR®?

All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR "®" logo on the business card or realtor-logoother marketing and sales literature. REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84% of home buyers would use the same REALTOR® again.

Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA?

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