Summary provided by California Association of Realtors: Effective on January 1, 2014, the Davis-Stirling Common Interest Development Act that regulates condominiums, townhomes, and planned developments, among others, has been comprehensively reorganized. The goal of the reorganization was to give unit…
Lender Must Provide Summary for Foreclosure Notices
Summary provided by California Association of Realtors: A lender must provide a borrower with a specified summary of information attached to a copy of a notice of default and notice of sale for any property containing one-to-four residential units. The…
Tenant Entitled to a 90-Day Notice to Terminate After Foreclosure
Summary provided by California Association of Realtors: Effective January 1, 2013, a month-to-month tenant in possession of a rental housing unit at the time the property is foreclosed must be given a 90-day written notice to terminate under California law.…
Restrictions Against Cancellation Fees for HOA Documents
Summary provided by California Association of Realtors: Beginning January 1, 2013, an HOA cannot collect a cancellation fee for HOA sales disclosure documents in either of two situations: (1) a request is cancelled in writing by the party who placed…
One Cool Thing — Top 4 Most Common Pricing Mistakes
Start building your memories, as you turn your house into a home. As you might guess, this document is a compilation of information from our own efforts as REALTORS, as well as input from other REALTORS in our Coldwell Banker office. I…