Stop AB 1406 - RAP

Red Alert! Stop AB 1406 – Triples Cap on Liquidated Damages

Here For You... C.A.R. has issued an urgent Red Alert. Please look for it and respond today. C.A.R. is OPPOSING AB 1406 (Ward) which MORE THAN TRIPLES the statutory cap on liquidated damages in transactions where a buyer is purchasing a newly constructed owner-occupied condominium from a developer. The cap would...Continue reading

CAR Defeats AB1157

Victory – AB 1157 Defeated.

On Tuesday, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announced a major victory, stopping AB 1157 in the Assembly Judiciary Committee. The bill failed decisively. AB 1157 would have imposed permanent statewide rent control on nearly all types of rental housing, including all single-family homes, most of which are currently exempt...Continue reading

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