The FAIR plan, which is a state program to provide coverage to customers who can’t find it elsewhere, including in fire-prone areas, will raise limits for commercial properties such as condominiums, the California Department of Insurance said Friday in outlining an agreement with the program. However, it could take up to eight months before the…
For owner/operators in California, asking a tenant to leave can feel like navigating a legal minefield. With strict tenant protection laws, rent control ordinances, and long eviction timelines, many landlords want to know: Is there a legal way to have a tenant leave voluntarily? The answer is yes – but only if it’s done correctly. California law…
The largest transfer of wealth in American history is already underway. According to Cerulli Associates, a leading global research and wealth management consulting firm, approximately $124 trillion is expected to change hands through 2048, with nearly $105 trillion transferring to heirs. A substantial portion of this wealth consists of highly appreciated real estate, including apartment…
California’s electricity rates are among the highest in the country and have risen considerably faster than inflation in recent years, making affordability a major concern for residents. At the same time, the state is already committed to some of the most ambitious clean-energy and climate goals in the nation. Against this backdrop, the rapid growth…
California does not impose an inheritance tax. Even so, inherited assets are not always free from tax exposure. Depending on the type of property involved, beneficiaries may still face other tax considerations, and certain planning choices can influence what they ultimately receive. Understanding how inheritance tax, estate tax, and related tax rules fit together gives…
This week’s California policy and tenant news highlights key developments affecting residents, from San Diego water and sewer rate hikes to new rules on internet opt-outs, layoffs, and landlord responsibilities. Stay informed on California policy and tenant news to understand how these changes may impact housing, utilities, and financial decisions across the state. Management…
The national housing market is stuck in a post-pandemic rut. Prices and interest rates have stalled out at unaffordable highs, keeping buyers at bay. Sellers, unable to fetch the still-higher prices they want, are backing out of the market in droves. The result is a housing market stuck in molasses, with a slow down in…
Nine years ago, in preparation for his retirement, engineer George Sheetz bought a plot of rural land in El Dorado County and applied for a county permit to place a manufactured home on his parcel. Little did he know that what he thought would be a routine administrative transaction would turn into a legal dispute…
The risk of fires across Southern and Central California is growing, as increasingly hot weather dries out fuels following a disappointing rainy season. Grasses are still green along the coast but have begun to dry to concerning levels farther inland. And that’s a growing concern from the San Fernando Valley all the way up to…
Money-saving ideas and wealth-building habits: We often hear the phrase, “Knowledge is power.” But the truth is, knowledge alone is not power. Power comes from applied knowledge—when you take what you know and put it into practice. That’s where transformation happens. Ten Money-Saving Ideas Always use the newest AOA forms Form #100D – FCRA…