C.A.R. continues to OPPOSE AB 2204 (De La Torre), which would require county lawyers to review every deed and other related documents, like CC&Rs, and remove obsolete, illegal and unenforceable restrictions from historic title record in connection with a transfer of property. County recorders will have to charge as much as $1,000 per transaction and the bill would not protect anyone from discrimination.
Existing law already invalidates any provision in a deed of real property that restricts the right of a person to lease, rent, sell, or occupy the property based on race, color, religion, sex, marital status, national origin, ancestry, familial status, disability, source of income, or sexual orientation.
C.A.R.'s Senate Key Contacts have been working with Senators to urge them to oppose the bill.
Last Monday C.A.R. issued a Red Alert to REALTORS® living in districts of Senators serving on the Appropriations committee, where AB 2204 was scheduled for a vote Thursday.
After more than 1000 REALTORS® called their Senators to oppose the bill, and after reflecting on the enormous cost of imposing these new requirements, the committee decided to to take no action for the time being. C.A.R. learned Friday afternoon that the committee will only meet once more before the end of the month and it is not likely they will vote on the bill. If AB 2204 is not brought up, it will "die."
This is great news for REALTORS® and their clients!
We will provide another update as soon as the final fate of AB 2204 is known. For the time being, no further calls to Senators are necessary!
Thank you to everyone who participated by calling your Senator!
For More Information
Please contact DeAnn Kerr at deannk@car.org.
Source: redalerts@car.org
dated Mon, 11 Aug 2008 15:15:42 +0000
Greetings!
The Real Estate Industry is so dynamic that one should always be updated of the current activities of all the players (sellers, buyers, real estate agents, and lenders) involved in the business. Being in the business for more than 20 years, doing my homework everyday is necessary in order to survive in this competitive world of selling and buying homes. Access to a wide variety of informative materials is a must. This provides a clear and wide perspective of the industry giving me an edge over my co-agents.
As an agent, I also realized that the information I have is also worth sharing with my clients (sellers or buyers). Providing them with the necessary tools to understand the industry facilitates a smooth transaction.
It is for these reasons that I decided to post articles that interests not only the sellers but the buyers as well. These will be updated on a regular basis in order to keep up with the growing trends in the industry.
Enjoy reading!
Lionel Madamba, GRI
Assist2Sell
The Real Estate Industry is so dynamic that one should always be updated of the current activities of all the players (sellers, buyers, real estate agents, and lenders) involved in the business. Being in the business for more than 20 years, doing my homework everyday is necessary in order to survive in this competitive world of selling and buying homes. Access to a wide variety of informative materials is a must. This provides a clear and wide perspective of the industry giving me an edge over my co-agents.
As an agent, I also realized that the information I have is also worth sharing with my clients (sellers or buyers). Providing them with the necessary tools to understand the industry facilitates a smooth transaction.
It is for these reasons that I decided to post articles that interests not only the sellers but the buyers as well. These will be updated on a regular basis in order to keep up with the growing trends in the industry.
Enjoy reading!
Lionel Madamba, GRI
Assist2Sell
Wednesday, August 13, 2008
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