ADUs – One Way to Address Prop. 19’s Inheritance Tax Basis Increase By Mercedes Shaffer

The recent passage of Prop 19 eliminates the parent-child and grandparent-grandchild exclusion from reassessment for properties other than a “family home.” As of February 16, 2021, if you transfer your property to your children (or, grandchildren, if the parents are deceased), via any means (gifts, sale, hybrid, estate plan after your passing, etc.) that property…

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Letters to the Editor …

Dear AOA:   We are in receipt of the updated AOA Rental Agreement and/or Lease.  We have used this form for years and sincerely appreciate the protection of having an attorney-reviewed document supporting our agreement with tenants. We have also attended your excellent seminars and have updated information suggested as improvements or protections by your speakers. …

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Legal Q & A By Franco Simone

Q: Six months ago, I rented my two-bedroom apartment to a single woman with a one-year lease. She wants a roommate. Do I have to allow my tenant to have a roommate? A: It depends. Most leases include a clause that prohibits or authorizes tenants to have a roommate or add additional occupants. If you…

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Letters to the Editor …

Dear AOA:   We are in receipt of the updated AOA Rental Agreement and/or Lease.  We have used this form for years and sincerely appreciate the protection of having an attorney-reviewed document supporting our agreement with tenants. We have also attended your excellent seminars and have updated information suggested as improvements or protections by your speakers. …

Details