OPEN LETTER TO OPPOSE AB 1482 By – Jenny Zhao

Honorable Senator Scott D. Wiener: Bay Area Homeowners Network (BAHN) strongly opposes AB 1482, attempts to implement Rent Control statewide in California. AB 1482 will make the California housing crisis worse. Rent control laws have been proven to hurt renters and housing providers alike. Cities implementing rent control, such as San Francisco and Oakland, have…

“Back-Up” Offers: Be Careful! By – Dale Alberstone, Esq

Hello everybody.  This month, let’s discuss “back-up” offers as they frequently occur in connection with the sale of apartment buildings. Real estate purchase contracts often contain a provision that the seller may receive back-up offers even though the seller has an accepted offer with the buyer and may even be in escrow.  Under real estate…