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In 1972 Berkeley became the first California city to adopt a second-wave rent control ordinance. In 1976 Governor Jerry Brown, a Democrat, vetoed state legislation (AB 3788) that would have preempted local rent control laws. It had been supported by a mainstream real estate group, the California Housing Council (CHC).
(The Center Square) - California Gov. Gavin Newsom issued a new executive order clarifying that the state’s anti-price-gouging protections for rental homes would only be in effect through March ...
2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes in single-family zoned areas may build or split homes on their property, and prohibits all cities and counties from directly interfering with those who wish to build such ...
As reported earlier this year by the Wall Street Journal, fewer than 500 homes have been built since a 2021 law, SB 9, was passed allowing owners to split their single family home lots in two, and ...
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy ...
A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [6]
Renters should investigate the location of active faults on their own before signing a lease or rental agreement. Legally, the act only applies to structures for human occupancy (houses, apartments, condominiums, etc.). However, the official geologic maps delineating the fault zones are used to help place a variety of structures on safe ground.
Developers built fewer homes in California in 2023, potentially leading to higher prices and rents as a supply shortage worsens. California is building fewer homes. The state could get even more ...