California passed the famous Proposition 13 more than forty years ago to rein in exorbitant property taxes. From the taxation perspective, the initiative also made it more beneficial for homeowners to stay in their homes. Now, however, Californians are being requested to vote in favor of a tax measure that can make the tax expense more bearable for the senior citizens of the state who may want ...

The balcony collapse at U. C., Berkeley in 2015, killing six people, was caused by a series of preventable failures. The balcony was poorly designed, badly constructed, and not inspected and maintained effectively. To target this safety measure gap, the Senate passed Senate Bill 721 (SB721) in January (the bill is currently at the State Assembly as of this writing), which requires properties wi...

Although the State of California Business and Professions Code 11010.4 releases developers from the Public Report requirements if all criteria are met, a Public Report is still considered a necessity by some. According to the B&P, a public report is not required when; Purchase money is deposited with escrow and proper releases and obtained; The development is not a common interest d...

In an effort to accommodate industry, the Bureau of Real Estate (BRE) created a "Limited Term" Final Public Report option.  The Limited Term Final Public Report (LTFPR) is an option available to those builders and developers who are faced with circumstances limiting their ability to comply with all of the requirements necessary to obtain a full term (5 year) Final Public Report.  A LTFPR is a "ful...