Non-Refundable Purchase Deposits vs. Liquidated Damages Which Is Better? By-Dale Alberstone

Hello everybody.  My topic this month discusses problems with the legality of a “non-refundable” deposit provision in a real estate purchase contract, and presents possible alternatives. The Problem with Non-Refundable Deposits Often, the seller of real property wants the buyer’s deposit to be non-refundable meaning that if the buyer defaults under the contract or wrongfully…

Details

What 2020 Has Taught Multifamily Leasing Professionals About the Power of Human Connection By-Robyn Tyne

As 2019 came to a close, the world felt tired, overworked, and even “peopled out.” The overall sentiment in those early days of 2020 boiled down to a two-word phrase: burn out.  Gallup’s research results showed that around 45% of Millennials experienced “sometimes” burnout. 45% is a massive number. 2020 was expected to be more of…

Details

Prop 21 Destroys Housing Vote “NO”!

A version of the following was written by housing provider and attorney Michael Millman. In 2018, Michael Weinstein, President of the AIDS Health Care Foundation, promoted Proposition 10 to extreme rent control to approximately 540 cities throughout California.  It was defeated by almost 70% of the voters. Proposition 21, of course, is the “son” of…

Details

Lawsuits Against Landlords Cost Owners Thousands! By- the Editors of the Rental Housing Journal

Settlement agreements send a clear message to all property owners and landlords that HUD is committed to taking appropriate action when offenders act in behavior that violates the Fair Housing Act. Landlords to Pay Tenants to Settle Sexual Discrimination Complaint The owners and manager of a Bakersfield, California apartment complex have agreed to pay $14,500…

Details

Prop. 13 Is Working -Reject Prop. 15! By-Jon Coupal and Ernest J Dronenburg Jr.

Come November, Proposition 13 faces its biggest political battle at the ballot box. It is instructive to ask whether that iconic tax affordability measure remains good tax policy for California. As the just-released property tax assessments rolls from several California counties reveal, Proposition 13 is working exceedingly well at keeping homeowners and small business owners…

Details