BRE Still Pursuing Water Letters

With measurable rain in California, it may be surprising for some to learn that the DRE is continuing to pursue water letters affirming “ample, potable” water availability on subdivisions where vacant lots are being offered for sale. Filings where homes are offered may be exempt from obtaining a water letter in many cases, but it appears that the DRE does not exempt the requirement when even one vacant lot might be offered for sale.

Before making an application for both vacant and improved lot sales, we encourage our clients to investigate the willingness of the water purveyor to write an unconditional water letter.

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Understanding the New HOA Rules in Florida

Did you know Florida is home to nearly 50,000 HOAs, making it the state with the second-highest number of HOAs in the country, behind California? A recent bill signed by Governor Ron DeSantis, effective this July, aims to offer more leniency to homeowners while providing HOAs with clearer guidelines and restrictions.

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Effective July 1, DRE Has Increased Their Filing Fees

The California Department of Real Estate (DRE) is implementing new regulations that impact buyers and sellers. These new regulations will implement higher fees, revised mapping regulations, and new building configurations. Real estate professionals and stakeholders—particularly developers—must familiarize themselves with these updates to navigate the evolving regulatory framework and continue providing high-quality services. We’ve created a blog post with helpful information on the updated filing fees and a full analysis of the changes.

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